Jo Beckendorff

TAIPEI, Taiwan - With an eye on the booming e-bike market in Europe, Neco president Neco Wang tells Bike Europe that they have relied on China for too long. Therefore, the bike parts manufacturer has now established an office as well as an assembly plant in Poland.

BAMBERG, Germany - A European subsidiary of the Chinese Mivice manufacturer M&S Driving Systems Ltd. was founded in July 2022. In March the company marked the official opening of the brand-new Mivice European headquarters in Germany.

PLOCHINGEN, Germany - Decathlon Germany posted another record result in 2022. This time breaking the €1 billion sales mark for the first time. E-commerce and a focus on integration of circularity services played a role.

TAICHING, Taiwan - Taiwan's leading bicycle producer Giant Group saw its fiscal 2022 sales jump by a double-digit 12.5% year-on-year to TW$ 92.04 billion (€2.82 billion). However, the impact of rising material and labour costs as well as increased OE-business affected the Group's overall gross margin and operating profit performance.

REGAU, Austria - As a young player specialising in e-bike and bicycle contract manufacturing WSF Bicycle Technology GmbH represents the rapid development of bicycle production in Europe. WSF claims it is assembling for numerous bicycle suppliers from Germany, Austria and Switzerland at their facility in Regau, Austria.

RHEDA-WIEDENBRÜCK, Germany - Following a "lively bidding process" the German bicycle and e-bike manufacturers Prophete and Cycle Union have been successfully taken-over. No stranger to the bicycle industry, the new owner Singapore-based Dutech Group, is on a path to strategically expand its focus on green technology. The parties have agreed not to disclose the purchase price.

HARD, Austria - The company shareholders of Austria's second-largest bicycle manufacturer Simplon Fahrrad GmbH have appointed Stephan Wabnegger as managing director with immediate effect. In a rather surprising move for outsiders, the previous managing director duo, consisting of CEO Stefan Vollbach and COO Thomas Zenker, are resigning from their corporate functions and will leave the company.

BERLIN, Germany - Following a brief stint as CEO of Internetstores GmbH, Max Heimann has left the parent company of Fahrrad.de, Bikester, etc. at his own request. The listed parent company of the online sports retailer, Signa Sports United (SSU), is now introducing his successor, Torsten Waack van Wasen.

OTTOBRUNN, Germany - Porsche has announced that Greyp Bikes will now be known as Porsche eBike Performance. Following the recent acquisition of Fazua and the majority stake in Greyp Bikes, Porsche is now adjusting its business structure "to hone its profile, define synergies and successfully implement seminal projects."

MUNICH, Germany - CIP Mobility GmbH is the first customer being supplied with Schaeffler Group's innovative chainless "Free Drive" for e-cargo bikes. The company's Mocci Smart Pedal Vehicle is almost ready to hit the road and serve the logistics market.