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.