Planet Bicycles Enters Joint Venture With Dema Bicycles
Dema Bicycles from Slovakia and Planet Bicycles from Taiwan entered into a 50 50% joint venture. Jan Kubicek (GM Dema Holding), Paul Lin (GM Planet Bicycle Taiwan) and Ravi Hingorani (Marketing, Bikeplanet) (photo; left to right) formed Bike Planet which is targeting the need for close to market production of city and touring bikes in Europe.
