TAMPERE, Finland - E-bike drive system brand Revonte was forced to file for bankruptcy one year ago. Since the launch of the product 5 years earlier, the company received a lot of positive feedback from industry peers. OEM's welcomed the Revonte ONE as the next generation drive system for e-bikes. Still Revonte didn't make it, even while the e-bike market was thriving. For the first time, co-founder and former CEO Otto Chrons shares his Revonte story and the lessons learned.

HELSINKI, Finland - Vapaus Bikes Finland Oy, has secured a €15 million loan to drive growth and international expansion in the employee benefit bikes sector. Besides scaling up in Finland and Sweden, further internationalisation is being considered. Boasting a mature and scalable business model, the mobility service provider has seen its net revenues rise from €4.5 million in 2021 to over €30 million in 2023.

HELSINKI, Finland - Vapaus Bikes Finland Oy, a bike leasing service which combines e-mobility, digital solutions, and welfare development in its service model has been recognised as one of the most pioneering startups in the mobility sector across Europe. With a turnover of €18.8 the company is now eyeing market growth across Europe.

TAMPERE, Finland - Manufacturer of the Revonte One e-bike drive system with integrated, automatic stepless transmission filed for bankruptcy at the end of September. After successfully starting the production of the system and making the first customer deliveries, the company was not able to secure further funding in a very difficult market situation.

JAKOBSTAD, Finland - As a European component manufacturer, Herrmans Bike Components rode a high wave during the corona years. Now the company has entered a new phase where sustainability and a focus on retaining recent market gains are the key focus. "How long will it last until price point makes a difference?" muses CEO Dan Liljeqvist.

With the launch of a new series of bicycle grips made from bio-based raw materials and increasing use of recycled plastic components, Herrmans Bike Components in Finland is leading the bicycle industry's shift towards sustainable production.