To date, €20 million has been invested in the Polish factory construction, the company reports. RTE-CEO Jorge Salgado told Bike Europe earlier that the Polish factory is designed for an annual capacity of 500,000 units. “In a second phase, this capacity is to be doubled to 1 million units per year, with the help of a further investment of €8-10 million. When will this second phase be launched? Looking at the markets today, I can imagine that we will move directly to phase two.”
According to RTE, all bicycles built in Machnacz will be delivered to the Decathlon Polska chain of stores. In the future, production will cover virtually the entire range of private label bicycles.
The factory in Poland is part of RTE’s investment program which also included a new e-bike facility in Serzedo, Portugal. This facility was opened last summer.