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Corratec opens Romania Bike Factory
2021-12-02 source own Leading German bike Brand Corratec has completed construction of its latest facility for manufacturing bicycles in the Central and Eastern European country of Romania.
Porsche increases investment in CEE e-bikes manufacturer
2021-12-02 source own Porsche has taken a controlling stake in Croatian ebike brand Greyp. In 2018 Porsche purchased 10% of the Central and Eastern European company but with this recent investment it now is the majority shareholder.
Growth in Europes sporting goods market
2021-11-15 source own Europes sporting goods market to grow to over US$ 30 billion in 2025.
Cycle paths growth in Hungary
2021-11-15 source own In 2021 1600 km of cycle paths have added to the network in Hungary which means that the country has the 3rd highest amount of cycling paths in Europe behind the Netherlands and Denmark.
EBRD sees 5.2 per cent growth in central and eastern Europe in 2021
2021-11-15 source http://https://www.ebrd.com/news/2021/ebrd-sees-52-per-cent-growth-in-central-and-eastern-europe-in-2021.html The European Bank for Reconstruction and Development (EBRD) has raised its forecast for central and eastern Europe and the Baltic states (CEB) to 5.2 per cent for 2021 in its latest Regional Economic Prospects (REP) report, published today.
German Fitness Club Market
2021-11-15 source own In Central Europe largest fitness market Viva Fitness has recently increased its market size in Germany by purchasing 5 more more Gyms.
Leading fitness brand expands in Central Europe
2021-11-15 source own Europe’s second largest fitness brand by clubs clever fit has signed a development contact in Poland.
AMC Develops Sports Business in Central Europe
2021-11-15 source http://https://www.amcnetworks.com/press-releases/amc-networks-international-announces-multi-territory-agreement-with-m7-group-for-entire-pay-tv-channel-portfolio/ AMC has won the team right for further counties in Central and Eastern Europe in these CE countries Slovakia and Czech Republic.
Benefit Systems takes over Total Fitness
2021-11-05 source own Polands Total Fitness has been taken over by Benefit Systems SA which has taken a majority stake.
Fitwell partner search in Central Europe
2021-11-05 source own Leading Italian footwear brand Fitwell finds its partner in Poland for its range of high-quality trekking, climbing and mountaineering footwear.
South Korea invests in Central Europe (CE)
2021-11-05 source own South Korea is playing a major in Central Europe (CE) by investing in Infrastructure as well as building factories for some of its well-known consumer and household electronics and auto brands in the CE region.
Dadelo plans business growth in the Polish, Czech and Slovak markets
2021-10-25 source own Dadelo a leading e-commerce shop owned by Dadelo Spolka Akcyjna which mainly focused on the bike market. The Company offers bikes, electric bicycles, bike parts, bikewear, footwear, and bike accessories
Czech; ROUVY indoor cycling gets investment
2021-10-25 source own Pale Fire Capital investment group has invested $6 million in ROUVY the Czech company behind the indoor cycling and running software application.
EBRD and Kazakhstan support fitness centre’s road to energy efficiency
2021-10-20 source own In some houses, using water in different rooms at the same time causes problems with pressure and temperature. You can always ask a family member to put off washing the dishes while you are taking a shower, but explaining the situation to the clients of a fitness club, when everyone wants to freshen up after a workout, is a much more daunting prospect.
Lithuania to open trade office in Taiwan
2021-08-16 source own Lithuania is sticking to it plans to open trade office in Taiwan despite pressure from China.
Eobuwie expands internationally
2021-08-16 source own Eobuwie the polish online shoe retailer owned by Polish group CCC has opened up its first store outside of Poland in Czech. Currently in Poland the company has 25 brick and mortar stores.
Promotion of Yoga and meditation in Germany
2021-08-16 source own The German Sports Academy is to start courses for yoga and meditation teachers in response to the growth in demand in yoga, meditation and mindfulness in Germany.
PYC-Sport leases larger warehouse and office space
2021-08-16 source own PYC-Sport a Polish Sports equipment producer and distributor has leased 3,000 sqm of warehouse and office space in Panattoni Park Business Center Łódź II.
Growth in Bike Market in Germany
2021-08-16 source own German E-commerce Bike retailer Bike24 has reported sales growth of 44% in the 1st half of 2021 when compared to 2020. Bike24 reported revenue of 127.4 million euros which was an increase in total orders of 34% from the same period in 2020.
Polish distributor of mountaineering and climbing equipment gets investment
2021-08-16 source own Leading Polish distributor of mountaineering and climbing equipment Snap Outdoor has received investment from Polish Enterprise Fund VIII, which has purchased an 80% stake in the Outdoor Sporting goods distributor.
Joint Venture for e-bike production in Bulgaria
2021-08-10 source own PIERER Mobility has agreed to a joint venture with Maxcom Ltd to start manufacturing ebikes in Bulgaria. Both companies will share 50% with a total of investment of EUR 40 million.
FIBO on hold until April 2022
2021-08-05 source own The leading fitness trade fair FIBO will not take place in November 2021 but has been moved to April 2022.
Hungarian capital sees growth in bike use
2021-08-05 source own June 2021 there were more bikes on the streets of Budapest then have ever been previously recorded, June was the busiest month of the century in Budapest for cyclists stated the Hungarian Cycling Club. The pervious peak month was in July 2020.
Lidl starts selling Golf products
2021-08-05 source own Lidl increases its range of sporting goods in Europe by stock online a range of golf clothing and golf equipment and accessories, such as polo shirts, gloves, trolleys, balls as well as a laser rangefinder.
BestFit purchases EuroFit
2021-08-05 source own German based fitness chain BestFit has brought EuroFit, with this deal BestFit adds 5 EuroFit clubs to its growing portfolio. The 5 EuroFit fitness clubs are all in Germany located in Kassel, Herford, Minden, Osnabrück and Marburg.
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