21st Austria weekly - CPI/Erste Group, Bajaj Mobility (29/01/2026)

CPI/Erste Group: Erste Group and CPI Europe AG, the owner of the Stop Shop retail park portfolio in Hungary, have agreed to extend and increase an existing bank financing deal by five years, according to a press release. The refinancing deal, worth EUR 120 million, is being provided jointly by Erste Group Bank AG and Erste Bank Hungary Zrt., each covering 50%. The Stop Shop portfolio includes 14 retail parks across Hungary, offering nearly 136,000 square meters of leasable space.
CPI Europe AG: weekly performance: -0.77%

 

Bajaj Mobility: Bajaj Mobility AG (former Pierer Mobility) reports on a financial year shaped by extensive structural adjustments and the implementation of key restructuring measures. The Bajaj Mobility AG (KTM, Husqvarna, Gasgas) reports consolidated revenue of EUR 1,009 million for the 2025 financial year, representing a decrease of around 46% compared to the previous year. Successful completion of the restructuring proceedings of KTM AG, KTM Components GmbH and KTM Forschungs- & Entwicklungs GmbH resulted in a restructuring gain of EUR 1,193 million, which significantly contributed to the result. Preliminary EBITDA amounted to EUR 874 million (previous year: EUR -481 million), preliminary EBIT to EUR 748 million (previous year: EUR -1,184 million). In the first half of 2025 (H1), restructuring measures and the temporary production shutdown had a significant impact on sales volumes and revenue. A total of 50,334 motorcycles were sold in H1, supplemented by 34,950 units via strategic partner Bajaj Auto. With production resuming during summer, the second half of the year (H2) developed markedly more positively: 80,464 motorcycles were sold (+60% H2 vs. H1), plus an additional 43,956 units via Bajaj Auto. Total sales volume for 2025 amounted to 209,704 units (-28% year‑on‑year). Groupwide motorcycle inventories were reduced by 101,153 units during the year – from 248,580 units at year‑end 2024 to 147,427 at year‑end 2025. For 2026, the focus will be on the consistent continuation of the restructuring of Bajaj Mobility AG with the goal of sustainably strengthening competitiveness. The top priority is the return to a clearly positive cash flow. Key measures will comprise reducing fixed costs, streamlining organizational structures, and sharpening the product and project portfolio.  
Bajaj Mobility AG: weekly performance: 1.05%