Bob
16th September 2006, 00:47
Indian Motorcycle has announced that it has successfully executed a capital increase of USD 30 million in order to fund its re-launch of the company.
“This capital increase is a clear demonstration of our significant commitment to the successful future of Indian. It ensures that the Company has the proper financial foundation” said Indian Chairman, Stephen Julius.
“However, the success of Indian Motorcycle will not be based on capital alone. Recruiting a world-class management team and following the appropriate business strategy are paramount”, added Mr. Julius, announcing the company is looking to hire a ‘seasoned motorcycle executive’ as General Manager for the company.
“This capital increase is a clear demonstration of our significant commitment to the successful future of Indian. It ensures that the Company has the proper financial foundation” said Indian Chairman, Stephen Julius.
“However, the success of Indian Motorcycle will not be based on capital alone. Recruiting a world-class management team and following the appropriate business strategy are paramount”, added Mr. Julius, announcing the company is looking to hire a ‘seasoned motorcycle executive’ as General Manager for the company.