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 ...
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AGG Exports Buys Machines from Sturmey-Archer Auction
LUDHIANA, India (26 February) - AGG Exports, an export company of Satya industries, makers of bicycle components, recently bought CNC machinery at the ...
Univega Europe Restructures
MUNICH, Germany (31 January) - Stephan Hahn, general manager of Univega Bikes & Sports Europe, has left the Munich-based bicycle brand in the hands ...
Giant USA will move
RANCH DOMIGUEZ, California/USA -- Giant Bicycles will move its U.S. corporate offices from the southeast Los Angeles area to Newbury Park, California, ...
EU Forgets Bicycles
BRUSSELS, Belgium (October 24)- Upon revision of its DG TREN website, The European Commission has left out bicycle statistics. The same applies to the ...
Shimano Distribution in South-Eastern Europe
PATRAS, Greece (September 20) - From 1 October on, Eurotrade in Patras, Greece, will supervise Shimano distribution in Romania, Bulgaria, Serbia, ...
SRAM Catching Up with RockShox' Production and Delivery Problems
CHICAGO, USA (October 1) - What's happening with RockShox? That's the key question in Europe at the moment. Rumours are building as delivery problems ...
Metro Group Sales Rise in Third Quarter
DUESSELDORFF, Germany (November 27) - Metro Group reported a 7.2% sales increase to € 12.36 billion in its third quarter, which ended on September 30. ...
Veloland: Suspension of Payment
MARSEILLE, France (September 23) - The civil court in Marseille has placed French bicycle distribution chain Veloland in the 'redressement judiciaire' ...
China to Raise Tax Rates for Foreign Companies
BEIJING, PRC (June 7) - From 2003 China is to raise its tax rates for foreign companies. The business tax rates will reach the same level as for Chinese ...