Piaggio Taken Over By Private Investor
MILAN, Italy (September 23) - Morgan Grenfell Private Equity has sold its majority shareholding in Piaggio to a private investor. This investor, Robert ...
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Court Decision Allows SRAM To Sell Cassettes in Germany
AMERSFOORT, Netherlands (September 8) - Last Friday the Supreme District Court of Munich granted SRAM's request for a Stay of Execution in the cassette ...
Record Results for Dahon in First Half of 2003
DUARTE, USA (July 30) - Dahon California Inc., the world leader in folding bicycles, announced record first half 2003 results. Unit volumes grew by 38% ...
Eurorad Shelved
COLOGNE, Germany (June 19) - It's yet unclear why, but ZEG has shelved its youngest daughter Eurorad GmbH. According to the German trade magazine ...
B-Tech Resuming Production
KILKIS, Greece (May 28) - Greece based B-Tech SA is resuming normal production activities. The OEM bicycle manufacturer was forced to shut down ...
Accell Group Acquires Kronan Benelux and Germany
HEERENVEEN, Netherlands (March 21) - Accell Group has taken over the activities of the Kronan brand in the Benelux and Germany. Kronan makes ...
SRAM: Restructuring Plans Undone?
SCHWEINFURT, Germany (10 January) - There has been an informative meeting between SRAM Germany MD Kai-Uwe Rüde, the works council and a representative ...
India's First Cycle Club Inaugurated
CHANDIGARH, India (December 21) - Riding a bicycle is good for you and your city. Everyone who rides a bicycle does the city a huge favour. Every ...
China Steel Boom Continues
BEIJING, China (December 14) -A BEIJING man this week got 30,000 Yuan (USD. 5000) in compensation after he fell into an open manhole and broke his leg. ...
Shimano Signs Sponsorship Contract with the UCI
NUNSPEET, The Netherlands (November 2) - Shimano will continue to be a main sponsor of the UCI (Union Cycliste Internationale - the World Cycling ...
Vietnam Rejects Accusation of Bicycle Dumping in EU
HCM City, Vietnam (September 28) - The Vietnam Bicycle and Motorcycle Association (VBMA) has sent a document to the European Commission (EC), rejecting ...
Giant Splits-Up Model Introduction
LELYSTAD, Netherlands (August 27) - Each year a whole new-line up - somewhere around September - for Giant in Holland this stops this year. The company ...
International Dialogue Between Industrial Associations
SHANGHAI, China (August 19) -The China Federation of Industrial Economies (CFIE), one of the largest industrial associations in China, is revving up ...
China Slowdown Creating New Friction
BEIJING, China (June 15) - A government-orchestrated credit squeeze is producing deceleration in China's economic growth, bringing inflationary ...
Euretco Buyout: Biretco
BREDA, Netherlands (July 9) - The board of dutch retail organization Euretco BV has entered into a principle agreement with their owners (Gilde ...
Import Tax Cuts
HO CHI MIN CITY, Vietnam (June 8) - Although European import laws stay strict and might be even stricter in the near future, Vietnam has made a gesture ...
Banned: Petrol-Powered Bicycles
SINGAPORE, (October 5th) - Bicycles with petrol engines are banned from the Singapore streets, while those with electric motors will have to be approved ...
Canada Concludes Anti-Dumping Re-Investigation for China and Taiwan
OTTAWA, Canada (September 8) - The Canada Border Services Agency (CBSA) announced that its anti-dumping re-investigation concerning bicycles and frames ...
Go Sport: Slipping in France
FRESNES, France (April 28) - The Go Sport group is loosing some terrain on their home market, France. For the first three months of 2004 they were 3.2% ...
Bellstaff Turns Italian
TURIN, Italy (April 28) - The classic British motorcycle apparel maker Bellstaff, noted for its wax-cotton clothing, has been taken over by The Clothing ...