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Cosmo&Nanu

KTM will focus on Asian market

The listed producer of motorcycles KTM (its headquarters are in Mattighofen, district of Braunau (Upper Austria) is doing well. Last year, the company achieved the best result in its history.

2013 fully reflects KTM’s drive for expansion as they plan to expand to Asia and South America.

Financial chairperson Viktor Sigl said: "At the moment, my colleagues are visiting Thailand. Malaysia, Indonesia and the Philippines are also interesting markets for us as the business region is evolving in these countries. And let us not forget South America."

The sales have previously increased tenfold. KTM entered the Indian market last year and its partner Bajaj is number two in India. The country has been the biggest market, with around twelve million motorbikes sold.

In 2012, KTM achieved the best results in its history. The revenue was 612 million Euros and 107,000 motorbikes were sold.

"2013 will probably be similar to 2012, which means that we will sell less in Europe. North America will presumably stabilise", Mr Sigl explained.

In the current fiscal year, KTM is aiming at a record turnover once again.

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