Company
Pierer Industrie AG is a leading European automotive group that is fully owned by Pierer Konzerngesellschaft mbH. Its focus is on the global powered two-wheeler segment and the automotive high-tech component sector in particular in the following significant shareholdings:
As a manufacturer of powered two-wheelers, PIERER Mobility Group offers a broad selection of premium brands, including performance motorcycle brands such as KTM, Husqvarna Motorcycles and GASGAS. The Group continuously develops a comprehensive range of e-bike and bicycle products through our Husqvarna E-Bicycles, GASGAS Bicycles and FELT Bicycles brands. The PIERER Mobility Group produces high-end components under the WP brand, and manufactures and distributes high-end sports cars via its KTM X-BOW division.
The Pankl AG Group is active in the automotive high-tech component sector. The Group develops, produces, maintains and distributes mechanical systems in the high-tech sector for dynamic components in the global niche markets of the racing, luxury car and aerospace industries. In addition, as an automotive supplier, the Pankl AG Group also offers effective solutions in the field of pumps and engine components as well as lightweight composite brake discs. As a leading automotive supplier, with its products the Pankl AG Group makes a significant contribution reducing fuel consumption and CO2 emissions in the automotive sector.
Furthermore, Pierer Industrie AG also holds shares in abatec GmbH. Abatec is one of the leading development and manufacturing companies for electronic assemblies in Austria.
Key Figures
3,596
m€ Revenues
Pierer Industrie-Group was able to achieve revenues of around EUR 3,596 million in 2023.
208
m€ EBIT
The EBIT reached around EUR 208 million.
11,040
Employees
As at 12/31/2023 Pierer Industrie-Group employed 11,040 employees, thereof around 64% in Austria.
437
m€ EBITDA
The EBITDA reached around EUR 437 million.
360
m€ Invests
In 2023 around EUR 360 million were invested in the further growth.
4,063
m€ Total Assets
The balance sheet total was around EUR 4,063 million in 2023.
Areas
PIERER Mobility AG
Pankl AG
others Shareholdings
Newsroom
Pierer Industrie AG successfully concludes restructuring proceedings in accordance with the Restructuring Ordinance (ReO)
On November 25, 2024, Pierer Industrie AG initiated European restructuring proceedings in accordance with the Restructuring Ordinance (ReO). The only affected creditors are those under a bond admitted to official trading on the Vienna Stock Exchange with a total...
Pierer Industrie AG strengthens its Executive Board
Corporate News Wels, January 2, 2025 Gottfried Neumeister and Stephan Zöchling join the Executive Board of Pierer Industrie AG Stephan Zöchling is to join the Supervisory Board of PIERER Mobility AG Friedrich Roithner changes to Pierer Konzerngesellschaft mbH ...
Pierer Industrie AG submits restructuring plan in accordance with the Restructuring Ordinance (ReO)
Ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 (MAR) Wels, 27 December 2024 Full repayment of bonds and promissory note loans Payment of interest as agreed Change of the repayment dates to 31 December 2026 and 31 December 2027 Pierer...
Pierer Industrie AG initiates proceedings under the Restructuring Ordinance (ReO) to safeguard the stability of the Pierer Industrie Group
Ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 (MAR) Wels, November 25, 2024 Pierer Industrie AG initiates proceedings under the Restructuring Ordinance (ReO) to safeguard the stability of the Pierer Industrie Group No reduction in claims...