Taiwan's MT Racing Opens Bike Factory in Vietnam
HO CHI MINH CITY, Vietnam (April 10) - Dragon Bicycles, the new Vietnam company invested for 100% by Taiwan's MT Racing, officially opened its first ...
15% Dumping Duty for Shimano?
TAIPEI, Taiwan (April 2) - The European Commission will impose a 15% dumping duty on the hub gears imported in the European Union by Shimano. Strong ...
New Bike Components Factory Opened By Büchel & Röder
BARCHFELD/THÜRINGEN, Germany (April 10) - Erhard Büchel and Gerd Röder opened their new factory plus warehouse in Barchfeld, Germany. After Marwi ...
Honda Shifts Production To Low Cost Countries
TOKYO, Japan (April 10) - Honda Motor Co. will start the production of scooters and motorcycles in India, China and Thailand within the next few years. ...
Pan African Bicycle Conference
JINJA, Uganda (March 27) - The importance of non-motorized mobility for the economic development in African countries is highly under-estimated. The ...
Latin America's Largest Bike Show
SAN PAULO, Brazil (April 10) - Latin America's largest Bike show will be held on November 20 to 25, 2001 in San Paulo Brazil at the Anhembi park ...
Derby Cycle Corp. announces Refinancing
TAIPEI, Taiwan (april 2) - According to executive chairman Alan Finden-Crofts the Derby Cycle Corporation is able to re-finance its business. The ...
German Shimano Distributor Goes To Eurobike
COLOGNE, Germany -(March, 27) - Shimano recently decided to exhibit this year only at the IFMA show in Germany which will be held in Cologne from ...
Universal Takes Over Muddy Fox Brandname
BASILDON, UK (March 27) - Universal Cycles PLC has taken over the rights to use the Muddy Fox brandname for bicycles and accessories. UKs largest ...
Shimano Starts Production in Czech Republic
KARVINA, Czech rep - (March 27) Shimano will start pre-production at their provisional Czech plant in Karvina (Moravia) next month. The total investment ...
Zéfal Group Takes Over Stronglight
JARGEAU, France (7 March) - French bicycle accessory expert Zéfal has acquired St.Etienne-based bicycle parts maker Stronglight from the now defunct ...
Sapim Takes Over Edco's Cycle Division
WILRIJK, Belgium / COUVET, Switzerland (March 17) - Belgium spoke and nipple expert Sapim NV has taken over the cycle division of Swiss competitor Edco ...
Madison in MBO
LONDON UK (March 14)- Madison Cycles is undergoing a management buy-out and is being financed by the Lloyds TSB Bank Group reportedly worth £26 million ...
Sapim Takes Over Edco's Cycle Division
WILRIJK, Belgium / COUVET, Switzerland (March 12) - Belgium spoke and nipple expert Sapim NV has taken over the cycle division of Swiss competitor Edco ...
Two Top Managers Leave Troubled WalMart-Germany
WUPPERTAL, Germany (12 March)- The world's retail leader WalMart is still working on its German subsidiary's business. While the oversea subsidiaries of ...
EU Gives Poor Countries Access to Markets
BRUSSELS, Belgium (12 March)- The European Union trade ministers cleared a package of measures to give the world's 48 poorest countries access to EU ...
EDCO OUT
COUVET, Switzerland (9 march) - EDCO Engineering S.A. (Eduard Dubied & Co.), makers of fine componentry, have declared bancruptcy. No details have ...
Mavic sales 2000 25% up
HERZOGENAURACH, Germany (march 8) - Adidas-Salomon Group's latest fiscal year report 2000 (ending December 31) is mentioning a two-digit-sales increase ...