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Finnish Investor Building Bulgarian Powerhouse in Bikes | Court Ruling Gives MIFA Creditors New Hope

BEGUNJE, Slovenia – It currently produces ski’s and sailing yachts but has been successful in bikes; Slovenian Elan d.o.o. As this company has been taken over by the owner of Bulgarian bike maker Leader 96 it raises the obvious question whether Elan bicycles will be brought back to life. In particular as its new owner, Finnish investment company KJK Capital Oy, looks to be building a Bulgarian powerhouse in bicycles.

Bike Europe

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Finnish Investor Building Bulgarian Powerhouse in Bikes

BEGUNJE, Slovenia – It currently produces ski’s and sailing yachts but has been successful in bikes; Slovenian Elan d.o.o. As this company has been taken over by the owner of Bulgarian bike maker Leader 96 it raises the obvious question whether Elan bicycles will be brought back to life. In particular as its new owner, Finnish investment company KJK Capital Oy, looks to be building a Bulgarian powerhouse in bicycles.

Court Ruling Gives MIFA Creditors New Hope

SANGERHAUSEN, Germany – The latest ruling of the court of appeal in the Germany city of Naumberg is likely to improve the insolvency rate for MIFA AG creditors. The court concluded in its verdict that the administrative district of Mansfeld-Südharz has to return the former MIFA property in the ce>>

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Despite Drop in 1st Quarter Revenue Dorel Sees Light at End of Tunnel

MONTRÉAL, Canada – Dorel Industries Inc. announced that its Dorel Sports (bike) division saw first quarter revenue drop by 10.7 percent to USD184.5 million (164.3m euro). Its Dorel Sports’ Cycling Sports Group (CSG) businesses had a very good quarter in all of its markets. However, “Offsetting CS>>

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Production at Fritz Jou Bikes Europe Picks Up Speed

TAIPEI, Taiwan – Fritz Jou Mfg. Co. Ltd was among the first overseas companies who announced to invest in a production facility in the Bike Value Portugal. Bike Europe had the opportunity to talk exclusively with Fritz Jou Mfg. Co, Ltd founder and President Fritz Jou about his European ambitions.>>

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Like!! Great article post.Really thank you! Really Cool.

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