Sachsenring Bike Manufaktur applies for insolvency while market booms

SANGERHAUSEN, Germany – In the middle of the largest cycling boom ever, one of Germany’s largest bicycle factories, Sachsenring Bike Manufaktur GmbH has applied for insolvency. It seems the company cannot get over its troubled MIFA history.
Discussions over a long outstanding debt have resulted in Sachsenring’s insolvency. – Photo Sachsenring Bike Manufaktur