"The R&D departments of the bicycle and cycle accessory industry have once again been very productive," concluded the organization overlooking the number..

Merida announced it will be the equipment sponsor of the newly formed 'Bahrein Merida Pro Cycling Team', which includes Vincenzo Nibali, as of 1 January 17.

Owner Pon Bike Group is increasing the availability and shortens leadtimes in Europe of its US Santa Cruz ultra high-end mountain bikes.

SASSENAGE, France - French multi-sports retailer Go Sport Groupe is launching a new chain of specialised cycling stores. The new retail chain is branded BIKE+. It has been set-up in view of, "The developing cycle market marked by a rising range especially with the appearance of electric bicycles."

COLOGNE, Germany - Dealer cooperative ZEG announces its entrance on the Swiss market. "We consistently continue our strategy of market expansion and diversification which made us so successful in the past 50 years," says ZEG Managing Director Georg Honkomp.

LOTE, Portugal - Avantisbike Lda, which is already manufacturing and painting bikes in Portugal for 15 years, is expanding its facility in Bike Valley Portugal. For this expansion MD and owner Sergio Ramos entered into a trading agreement with new customers and Cronus that previously operated as an OEM maker in Cambodia.

TAIPEI, Taiwan - More than 1,100 exhibitors are lined-up for the 29th edition of the 2016 Taipei International Cycle Show which will open its doors on next week on March 2nd. The revival of the European market as a main export destination for Taiwan's bicycle industry will have a major impact on the show dynamics.

TAIPEI, Taiwan - on Thursday, March 3, 2016 the latest news on getting UCI approved disc brakes in road racing will be highlighted at a public meeting organized by the Bicycle Committee of the World Federation Sporting Goods Industry (WFSGI).

BUSNAGO, Italy - Steven Merlini who announced last December that it was time for a change after 21 years at Selle Italia, found a new challenge at the sales and marketing team of Prologo.

VERONA, Italy - The first edition of the Italian trade and consumer event CosmoBike had a successful start in Verona last year. Therefore the international bicycle exhibition returns to Veronafiere from 16-19 September, 2016.

FRIEDRICHSHAFEN, Germany - Eurobike's new show concept that includes three Business Days followed by two Festival Days, is well received by the industry. Show organizer Messe Friedrichshafen reports that about 85% of the exhibitors committed themselves to all five Eurobike days.

BRUSSELS, Belgium - On December 8 and 9 JEC Group and the Society of Plastics Engineers will host an international conference on bicycle technology. The event will focus on the use of composites in bicycles.

MÜNSTER, Germany - Following the takeover of the fender brand Wingee last October, Tubus carrier systems recently announced the acquisition of 33 percent of the shares of Becatex GmbH.

WALDERSDORF, Germany - Large crowds in hall B1 always marked the Cube booth at Eurobike. Perhaps it was too busy hardly leaving enough room to do business for the Cube crew as the company announced to pull out and focus on its in-house B2B show.

TAIPEI, Taiwan - In the 13th year of the 'Taiwan brand survey' Giant has entered the top five in the ranking of most valuable international brands from Taiwan. This puts the bicycle manufacturer amidst brands like Asus, Acer and HTC.

HEERENVEEN, the Netherlands - Accell Group NV announces that it will adjust the valuation of its UK pension plan on its balance sheet. The positive effect on equity is € 5.2 million as at 31 December 2014. The adjustment has a positive effect of € 0.4 million on the net profit in 2014 and has no impact on the company's operating activities and cash flows.

LUDHIANA, India - After its recent take-over of Avocet in the UK, India's Hero Cycles continues its buying spree. The latest to be bought is the home-grown premium bicycle brand Firefox. Hero acquired Firefox Bikes as part of its strategy to further cement its position in the fast-growing premium cycling segment in India.

LONDON, UK - To meet growing demand for their bikes internationally, the British folding bike company Brompton Bicycle announced new investments in its manufacturing and storage facilities. The new factory will be located in the Greenford in the western part of London.

BRUSSELS, Belgium - The 5th Asia Bike Show, taking place from October 9 to 12 in Nanjing, China, will include a joint pavilion that hosts European P&A makers. It's organized by the Confederation of the European Bicycle Industry CONEBI which is also behind the joint European booth at Taipei Cycle.

BRUSSELS, Belgium - The future of cycling is about to meet in Nantes, France this year. The world's primary annual conference series on cycling- Velo-city - will take place in less than two weeks in the city of Nantes which has been selected by the European Cyclists' Federation (ECF) due to its inspiring story and forward-thinking measures.