BUDAPEST, Hungary - Olimpia Bicycle Ltd, the long-standing Hungarian producer behind the Gepida brand and recognised OEM supplier in Central and Eastern Europe, has announced it will cease operation. Partners were informed on 18 November that the company will enter liquidation and will not continue under a legal successor.
MUNICH, Germany - Govecs Group, the Munich-based company behind the leading two-wheeler e-mobility solution, has filed for insolvency at the Munich District Court. Despite the supplier's recent production line opening in Poland and its strategic pivot to focus on its retro eSchwalbe moped brand, the company appears unable to sustain itself through 2026.
MUNICH, Germany - Sushi Bikes caused a sensation in 2019 when it whizzed onto the market with a direct-to-consumer business model and cool e-city bikes at affordable retail prices from €1,000. The initial success has now faded away, and Sushi Bikes joins the line of German companies that could not make it to the end of 2025.
WEYARN, Germany - Fritzmeier Group has announced that after 14 years, both production and sales of its e-bike business M1 Sporttechnik will be discontinued on 30 April 2026.
HAUSEN, Germany - YT Industries GmbH filed for insolvency in September after its primary investor withdrew funding, a move that ultimately led to the shutdown of YT Industries USA. On Nov. 15, 2025, the newly founded Young Talent Industries GmbH rose out of the ashes and began operations at the Hausen headquarters, once again led by founder Markus Flossmann. But the insolvency also left significant invoices unpaid in Taiwan, and questions as to where the new company will manufacture remain unanswered.
KARLSTEIN am MAIN, Germany - A sudden disruption in its customer base and subsequent legal proceedings instantly resulted in a financial challenge for the well-known lithium-ion battery manufacturer BMZ Deutschland GmbH. The company's branch, BMZ Deutschland GmbH, was forced to file for insolvency under its own administration at the local court in Aschaffenburg on 24 October.
