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EIB agrees loan to Austrian manufacturer
2014-03-14 source ownThe European Investment Bank (EIB) has agreed to lend Lenzing the Austrian manufacturer of cellulose-based products such as Tencel fibres €100 million euro’s. This loan will help them further develop there Tencel side of the business focusing on improving research and development and new production facilities enabling them to upgrade and optimise their production process.
German company Deichmann Europe’s largest shoe retailer is expanding it’s business into Russia in 2014
2014-03-14 source ownGerman company Deichmann Europe’s largest shoe retailer is expanding it’s business into Russia in 2014 with 7 stores due to open by the middle of 2014, Deichmann will open 4 outlets in Moscow and 3 in St. Petersburg. Central and Eastern Europe is a positive growth market for the group with markets such as Poland an area of particular strength for this shoe retailer, in fact Deichmann only adde
Wearable Tech market in Russia & Central Eastern Europe
2014-02-05 source own Recently at major Sports and Electronics trade shows such as ISPO and CES wearable technologies to monitor health and fitness have very much been seen as an area for great growth.
Foreign investors attracted ropeway project in St. Petersburg
2014-01-07 source ownFrench and Czech companies have expressed serious interest in the ropeway project, which is planned to be built in St. Petersburg World Cup 2018 for delivery to the fans, "Zenit-Arena," said the vice-governor of the city Marat Hovhannisyan.
Retail sales in Cee Countries outpacing the rest of Europe
2014-01-07 source ownAccording to a recent report by IFH, the Cologne-based institute for retail research retailers' sales in the Central and Eastern European countries have been growing at a faster pace then the EU average of 71% since 1995.Bulgaria has been the star performer with growth of 660% since 1995 followed by Romania at 440% and the 3 Baltic countries at 285%.
Primaloft grows into Eastern European countries with its own operations
2014-01-07 source ownPrimaloft, the USA based producer of insulating fabrics, is going to open up its own sales and marketing office responsible for sales and marketing in the Central and Eastern European (CEE) and Russian markets, effective Jan. 1, 2014. This move occurs promptly after setting up its own operations in the U.K. and Scandinavia.
GSI Outdoors is expanding into Cental Eastern Europe (CEE)
2014-01-07 source own GSI Outdoors, the U.S. marketer of outdoor cooking gear, is expanding into CEE with a focus on the Polish Outdoor market.
Quiksilver looking to grow its Sports business in Russia
2014-01-07 source ownRapidly after selling off its snowboard producer, Mervin Manufacturing, Quiksilver has stated it is divesting additional business units as an element of its multi-year revenue improvement plan. The action sports activities company really wants to focus on its 3 core brands Quiksilver, Roxy and DC Shoes on growth markets and one key Sports market it will focus on is Russia.
Cocona announces a new head for the European market
2014-01-07 source ownDirectly after Cocona Inc. revealed that it has renamed its core fabric as 37.5, the Boulder-based business has now publicized the appointment of Susanne Fischer to the role of European marketing director.
A Ground-breaking research examines the online sports market in Austria and Switzerland
2014-01-07 source ownEHI Retail Institute has announced that its new report on the e-commerce market in the alpine region is out for sale. The “E-Commerce-Markt Österreich/Schweiz 2013″ study analyzes the growth and development of the 250 primary online shops in Austria and Switzerland.
Dahon Expands Central Eastern European Europe Operations
2014-01-07 source ownDahon announces plans to increase sales in Central and Eastern Europe. To make room for this growth, Dahon is seeking a new area area sales manager for this part of the European bike marketplace, who will be chosen before end-of-year to supervise all partner, distributor and product activities.
Sales of Bicycles growing in Poland
2014-01-07 source own Based on figures from the Polish Bicycle Association, Poles bought 992,000 bikes in 2012; approximately a quarter of a million more when compared to 2009, which was a remarkably slow year for bicycles in Poland and worldwide. According to Kross, the largest Polish bike manufacturer, after some years of stagnation the Polish bicycle market is starting to move again.
Wintersteiger warms to Hotronic
2014-01-07 source ownWintersteiger, the world leader in manufacturing and marketing of ski service solutions, has acquired Hotronic, a specialty company for footwarmers and heating and drying systems for boots and gloves. The recent acquisition is going to be integrated in the Bootdoc division. Bootdoc is Wintersteiger’s brand of customized inner soles.
Helmets for cyclists is smart but should it be compulsory
2014-01-07 source ownAs with other European countries the debate is fierce in Germany on whether helmets ought to be compulsory for cyclists . Allensbach, a prominent German market demoscopic research institute, has uncovered a discrepancy between German cyclists who agree with wearing helmets together with individuals who actually wear them. Of Allensbach’s interviewees, 53 % regarded wearing a helmet a good thing,
Jack Wolfskin broadens its business in Central Europe
2014-01-07 source own The German based outdoor company has kept to its promise to become much stronger in Russia , by opening up its own subsidiary for the market—Jack Wolfskin Rus Ltd. At the same time, the company unveiled its 1st retail outlet in Moscow Jack Wolfskin, it already has three stores in Saint Petersburg Russia.
German company Schwan-Stabilo records impressive growth for its outdoor division
2014-01-07 source ownThe outdoor division of the Schwan-Stabilo group which is composed of the Deuter and Ortovox brands improved its sales in the financial year 2012-13 ended June 30 by 8.9 % to €86 million. While no breakdown by brand was announced by the company, reportinga sales growth for Ortovox of 26 % and for the Deuter brand of 6 % increase.
Panther propels Baltic States Further
2014-01-07 source ownVILNIUS, Lithuania - Estonia, Latvia and Lithuania the 3 Baltic states are building up their bicycle marketplaces with typical prices rising though out the Baltic region. Amongst them, Lithuania does most of its trade with Germany.
Zalando reveals a notable sales increase
2014-01-07 source ownBerlin-based Zalando , online retailer of shoes, apparel, sporting goods and lifestyle products, stated that it enjoyed sales of €437 million before VAT in the 2nd quarter when compared with €257 million 1 year ago. For the first half of 2013 the retailer additionally recived a sales increase of approximately 70 % to €809 million. In 2012, the Zalando additionally a few new marketplaces to w
Flextronics in Hungary has been selected as the Manufacturing Partner for Gocycle
2014-01-07 source ownGocycle’s Karbon Kinetics Ltd (KKL) announces the choice of Flextronics as its production partner for the Gocycle. Flextronics will take over manufacturing sourcing and logistics assembly and ultimately high quality control for Gocycle at the Flextronics manufacturing facility in Hungary.
Sportmaster, sporting equipment and products market leader in Russia
2014-01-07 source own Currently, Sportmaster Group is the leading sporting goods market leader in Russia as well as in the CIS states, as well as the most significant East European company operating a chain of a lot more than 300 branded sporting goods supermarkets and hypermarkets. Sportmaster Group is among the top three European sporting goods retailers, and also enters the top twelve global sporting goods retail ch
Central and Eastern Europe the most significant growing ski market
2014-01-07 source own The largest growth market for the Ski and Winter sports at present is Russia and Central and Eastern Europe, both in relation to the amount of skiers as well as in regards the growth and development of new ski resorts. Nations not in the past regarded as skiing destinations, such as Bulgaria, Poland, Czech, Slovakia and Russia have started being offered by a lot of international travel agency as h
Russian athletes winning a winter Olympic "gold" in Sochi will receive four million rubles each
2013-12-23 source ownRussian Prime Minister Dmitry Medvedev authorized a decree determining the remuneration for Russian athletes on the basis of performances at the Games in Sochi.
German Uvex records sales growth
2013-12-23 source ownFor its financial 2012-13 year, Uvex, the Germany based helmet, goggle and safety equipment company, declared today another record 12 months with product sales expanding by 4 % to €343 million.
Go Sport business improving in Poland
2013-12-23 source ownIn Poland, the Go Sport business grow by 0.9 % in total, however down by 1.3 % on fixed forex rates and then on a same-store basis to €40.7 million. For the duration of the period, Go Sport opened up 10 franchised outlets, with 4 in France along with one Courir store.
Moscow authorities have announced a competition for the reconstruction of the sports complex "Luzhniki"
2013-12-23 source ownState-owned Enterprise of Moscow "Grand Sports Arena" Luzhniki "announced a tender for the design and reconstruction of the stadium" Luzhniki ".
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