New EBRD partnership for Societe Generale Expressbank

Thanks to a new agreement between the Societe Generale Expressbank (SGEB) and the European Bank for

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Czech Masters extended until 2023

As we head ever closer to the 2018 Ryder Cup, the qualification process will begin in August at the

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New chain of stores for Russian Olympic outfitter

Thanks to an agreement with the Russian Olympic Committee (ROC), ZA Group will now dress the Russian

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Review of Czech Republic Bicycle Market

Throughout the majority of 2016 (barring the last two months), Czechia was very much focused on car

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is this end of gym equipment for Fitness First

Over the years, Fitness First has become a key leader in the gym industry all over Europe. However,

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Review of Slovenian Bicycle Market

source own
In 2015, numbers fell slightly for Slovenia when it came to their bicycle market and it looks as though 2016 was a very similar story - the ‘e-sector’ is still proving to be a saving grace though.

Kickz being bought out by Zalando

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Zalando, one of the leading online retailers in Europe, has announced that they will be acquiring Kickz - popular for streetwear and basketball products.

New Romanian engineering office for GoPro

source own
In recent years, GoPro has experienced tremendous growth in many different countries and the company has now capitalized on this by opening a new office in Romania.

New Balance to open a store in Outlet Park Szczecin

source own
In the past few years, New Balance has grown considerably as a sports brand and they are now set to open a 280 square metre chain in the Prawobrzeze district in Szczecin.

€60 million investment for Polish ski resort

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Located in the Beskid Slaski mountains in the south of Poland, the Szczyrkowski Osrodek Narciarski ski resort is set to be boosted by a €60 million investment from Slovak company Tatry Mountain Resorts.

Huge increase in costs for Russia 2018 World Cup

source own
According to reports, Russia have had to increase spending on the 2018 World Cup by 19 billion Rubles (over €300 million). Originally, the event was set to cost €9.7 billion but over time this has increased to well over €10 billion.

World Swimming Championships to come to Dagaly Aquatics Complex in Budapest

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With the World Swimming Championships just five months away, the aquatics centre set to host the event in Budapest has now been revealed.

CEE hotel portfolio sold by Warimpex

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Over the years, Warimpex has built a solid portfolio of real estate assets but this is now set to change after they announced the sale of 50% of their portfolio.

Eurobike lose yet another manufacturer

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According to the Managing Director of Hebie, Christian Junker, the company has decided to pull out of this year’s Eurobike event in an attempt to address customers more effectively.

Croatia receives financial support from EU Bank

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In 2016, around €530 million worth of loans were made available by the European Investment Bank (EIB) to Croatia.

Multicycle acquired by Kross

source own
Based in Poland, Kross the largest bike manufacturer in the country have now acquired Multicycle who have become known for their e-bikes in recent times. According to Kross, all production of trekking, urban, and e-bikes for the company will remain in the Netherlands

Taiwan investors support ‘SME Growth Market Project’

source own
After a visit to Tapei, the European Bank for Reconstruction and Development (EBRD) and the Zagreb Stock Exchange (ZSE) are working together to find ways of developing local markets.

New online strategy for Intersport and Sport 2000

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In recent years, we have seen huge growth for online stores such as Zalando and Amazon which has led to some much-needed changes from Intersport and Sport 2000.

Croatia welcomes new PRO SPORT store

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General Manager at PRO SPORT 98, Marko Bljaic, recently revealed a new outlet opening in Pula, Croatia.

Polands growth of professional cyclists

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For many years, Team Sky has been considered one of the world’s best cycling teams and it just so happens that three riders from Poland have now joined the team - Michal, Michal, and Lukasz.

Brand expansion for 4Faces in Poland

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Thanks to continual growth in recent times, POLAND 4Faces is set to open a brand new store in Galeria Polnocna which will be their first in Warsaw.

CityFit opens its 9th gym in Poland

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Whilst some companies are making a slow and steady start to 2017, CityFit has continued on its path of growth after opening a ninth club in the Bydgoszcz mall.

Krakow mall to host Intersport into the future

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Network Intersport Poland has announced that they will be staying within the Krakow mall for at least another ten years thanks to a new lease agreement.

Good year expected for Russian sports nutrition market

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After the political and macroeconomic challenges in recent times, there was a little uncertainty regarding the sports nutrition market but CeSports has now quashed all rumours by predicting growth in the 2017-18 period.

Positive growth for Croatia in 2016’s final quarter

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According to the Institute of Economics in Zagreb, a growth figure of 3.9% was seen in the very last quarter of 2016.

Big changes for the Russian footwear market

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Thanks to recent reports and various statistics, we can now see that consumer preferences within the Russian footwear market are beginning to change quite drastically.

Growth funding for Keller Sports

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Keller Sports, originally from Munich, has been growing significantly in recent times and this has now led to brand new investment from new and existing investors - initial reports suggest that this will go towards the new bike sports segment.

7 new stores for Hervis in Croatia

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Within the past few years, there has been significant growth for the sports equipment market in Croatia and this has led to an increase in revenue and market position for Hervis.

New Hilton Hotel to open in Budapest in 2018

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Recently, the Hilton brand of hotels has been expanding faster than ever and this has been seen once gain with the announcement of a new facility in Budapest’s city centre.

€33 million in online accounts for Poland

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According to a recent report from the Polish Bank Association (ZBP), there is currently more than €33 million in online bank accounts belonging to Poles.
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