Turkish bicycle manufacturer Kron was waiting for the right time to buy. In its 25 years, the company had manufactured for a variety of small OEMs, but was looking for a new European brand to invest in. So when Nishiki, a Nordic heritage brand with a signature look and a reputation for quality, came onto the market, Kron jumped at the opportunity.
As part of a share deal with Asian Tri Star Inc. (Tri Star Group) on 12 February, the lifting of the insolvency proceedings paved the road for a restart of the more than 100-year-old traditional company, Sprick. It has been a long and tough ride for the responsible insolvency administrator, Axel Geese from Streitbörger PartgmbB. Since the traditional German bicycle producer Sprick Rowery (aka Sprick Cycle) filed for insolvency at the end of 2024, Geese has been searching for someone to revive the long-established bicycle manufacturer.
ZURICH, Switzerland - Radiate Engineering & Design AG, the Zurich-based product development expert firm, has launched a new digital service tailored specifically to the bicycle industry. The Digital Bike Lab platform aims to help OEMs and brands identify engineering risks early in the design phase and optimise frame performance before physical prototypes are even built.
WARSAW, Poland - With the opening of a new, state-of-the-art production facility near Warsaw, bike-sharing pioneer Nextbike GmbH says it is strengthening its position as Europe's leading bike-sharing provider. The new plant in Poland can produce up to 200 bicycles per day and will support the existing Nextbike network, which spans over 400 cities and 23 countries.
BRUSSELS, Belgium - The market correction in Europe for bicycles and e-bikes returning to pre-pandemic levels is still ongoing. The exceptional surge in demand in 2020-2021, followed by supply chain constraints, demanded a maximum level of flexibility and resilience of the industry. The downward trend in volume on all levels continues to unfold, revealed by the latest European Bicycle Industry & Market Profile - published by industry confederation CONEBI.
Subscribers onlyBUCHAREST, Romania - Despite documented local market volatility, Romania continues to play a key role in European bicycle production, thanks to its generally low-cost labour and a high demand for its bikes in major export markets.
