Page 41 - Riding On Autumn 2023

LET THE GOOD TIMES ROLL

The Ninja ZX-4R mounts a 399 cc
In-Line Four engine in a compact
chassis. On the track or on the street,
experiencing the exhilaration of the
Ninja ZX-4R’s unprecedented power,
intoxicating high-rpm wail, and the
sharp, nimble handing will surely
awaken the dormant super-sport rider
within you.
Two model variants will be available in
Australia; Ninja ZX-4R and the Ninja
ZX-4RR.

•Final specifications and pricing will be
confirmed closer to the arrival.
•The Ninja ZX-4R and Ninja ZX-4RR
coming to Australia are NOT LAMS
compliant.
•Due into Australia in the third quarter
of 2023.

FROM ALESSIA RIBONI

MV Agusta Motor S.p.A. announces the final resolution of of the company 4 years ago and supported it financially since
the composition with creditors, “Concordato Preventivo in the beginning of the Composition in 2017, by injecting more
Continuità Aziendale” under Italian law. than 180€ Million in order to restructure all of the business
practices, pay off all debt under the procedure, support
The Varese Court, in its ruling of December 29th, 2022, MV Agusta’s day to day operations and make sure that the
declared the procedure as resolved, after having ascertained company has a solid business plan for the future growth.
that all outstanding debt with creditors and all obligations
under the composition had been entirely settled. The arrival of the new partner, KTM AG, a company of PIERER
Mobility AG, proves that MV Agusta was put on the right path
The exit from the Composition with Creditors finalises and marks a new positive development under the leadership
the restructuring process of MV Agusta Motor S.p.A. An of CEO Timur Sardarov, who is adamant that a difficult phase
outstanding result that was made possible thanks to the in the company’s history is officially over, and that now MV
strong commitment of the Sardarov family, who took control Agusta has a solid base to live up to its status of
one of the greatest brands in motorcycle history.
Timur Sardarov, CEO of MV Agusta Motor
S.p.A., said: “Since my arrival at MV Agusta, the
settlement of the Composition with Creditors
has been one of my main objectives, in order to
regain the trust of our clients and our suppliers.
Despite the negative effects of the pandemics,
the strong increase in the cost of raw materials
and the outbreak of war in Ukraine, the
engagement and the professionalism of MV
Agusta’s management brought this important
result home. We must now look at the future
with renewed confidence, comforted by the
success of our new models. The partnership
with KTM AG is already bringing new energy to
our business on all fronts, from the production
of new models and the expansion of our dealers
network to the improve of the services quality
for our clients. Our dark years are over, as
we have finally created the conditions for MV
Agusta to write a new chapter in the history of
motorcycling.”

RIDING ON 41