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Polands Growing Support for Taiwan
2022-01-19 source own In early September 2021, the Polish government donated 400,000 doses of COVID-19 vaccine to Taiwan. This was enthusiastically welcomed by Taiwan, and raised hope that relations between Warsaw and Taipei might improve.
Gold's Gym gears up for new fitness centre in Munich
2022-01-18 source own Golds gym has open its 6th location in Europe under the company RSG Group with its new fitness centre in Munich Germany.
Taiwan pledges further $1 billion Lithuania investment
2022-01-12 source own The Taiwanese government will launch a US 1-billion-dollar credit programme to help fund joint projects between Lithuanian and Taiwanese companies in six business categories.
Manufacturers keen on opportunities in Russias sports activewear sector
2022-01-11 source own The retail sector of Russia has been seeing a steady growth in its sportswear market.
New Zdrofit fitness club
2022-01-11 source own The Zdrofit fitness club, which is set to open on January 3rd will cover around 1 300 sqm of space in Building ‘C’ at the office and mixed use complex.
Corratec opens Romania Bike Factory
2021-12-02 source own Leading German bike Brand Corratec has completed construction of its latest facility for manufacturing bicycles in the Central and Eastern European country of Romania.
Growth in Europes sporting goods market
2021-11-15 source own Europes sporting goods market to grow to over US$ 30 billion in 2025.
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.
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.
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
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.
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.
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.
€40m spa resort to be built in Lithuania
2021-07-06 source own The E77 Company is building a new 40-million-euro thermal spa resort and hotel in Lithuania’s coastal region of Klaipėda.
Retail chain starts renting sporting goods in Russia
2021-07-05 source own Europes leading sporting goods retail chain Decathlon has started renting their sporting brands in St. Petersburg Russia.
7mesh improves distribution network in CEE
2021-06-22 source own Technical bikewear supplier 7mesh works with Ski a Bike Centrum Radotin a high-end ski and bike apparel retailer and distributor for the Czech and Slovak market.
Hungary; Bike Manufactures grow business in the EU countries
2021-05-28 source own With the Hungarian bike market growing by 8.5% in 2020 from 220,000 units to 255,000 units the country’s bicycle manufactures are looking to further grow by taking market share in its neighbor EU countries.
Leading Polish Bike distributor takes on new investment
2021-04-21 source own Resource Partners a Polish private equity has just announced investment into the 7Anna Group a major distributor of bikes and equipment for Poland.
Hervis invests
2021-04-21 source own Leading Austrian and Central Eastern European sporting goods chain Hervis Sports, which is part of the Spar group, has just opened a new bike flagship store after transforming a regular multi-category store in the Stadlau district of Vienna, the total square footage is 2,000 square meters.
Poland a gateway for companies from South Korea’s
2021-04-21 source own Poland a gateway for companies from South Korea’s for the EU and Central and Eastern Europe.
JD Sports enters Central and Eastern Europe with MIG acquisition
2021-04-19 source own JD Sports has expanded into Central Eastern Europe (CEE), with plans to acquire 60% of Polish fashion business, the Marketing Investment Group (MIG).
German fitness health club market showing lower churn
2021-03-26 source own The German health club market is experiencing a lot lower cancellation rate when compared to other Europe countries with a reduction of just below 12% of members during the covid lock down.
e-cargo bike sector growing in Germany
2021-03-26 source own Sales of e-cargo bikes grow by over 40% in Germany in 2020 with over 100,000 bikes sold.Sales of traditional cargo bikes grew by 19% in 2019 with again over 103,000 Non-motorized cargo bikes sold. The whole German bike market grew by 17% to over 5 million units in 2020, a lot of growth in the bike market in Germany is due to the covid effect with other Central European (CE) countries seeing simila
Medicover Adds Holmes Place to its Fitness clubs
2021-03-16 source own At the beginning of March 2021, the well-known chain of fitness clubs Holmes Place joins the Medicover portfolio, which acquired 100% of the company's shares.
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