Terme Snovik Launches €22 Million Expansion with New Four-Star Kneipp NaturHotel

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Norrøna Concept Store Opens in Zürich: A Hub for Outdoor Enthusiasts

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Proximity and Efficiency: Central Europe Becomes a Hub for Bike Production

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Xtreme Fitness Gyms Targets Dominance in Eastern European Fitness Market

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Corratec opens Romania Bike Factory

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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

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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

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

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Europe’s second largest fitness brand by clubs clever fit has signed a development contact in Poland.

South Korea invests in Central Europe (CE)

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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

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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

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 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

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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

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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

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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

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Europes leading sporting goods retail chain Decathlon has started renting their sporting brands in St. Petersburg Russia.

7mesh improves distribution network in CEE

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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

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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

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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

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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

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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

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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

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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

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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

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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.

Increased bike demand in Russia for 2020

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Demand for bikes has been growing in Russia even before the  Covid-19 pandemic, with the demand for e-bikes being the leading growing bike sector in 2020.

Growth in outdoor sporting goods in Russia

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In 2020 there was over 14% growth in demand for outdoor sporting and leisure goods in Russia a lot of this increase was due to restrictions for Covid 19 with most hotels resuming operations in July 2020. Some of the biggest sellers were Tents, Sleeping Bags, camping utensils, survival kits and stoves.There was also strong growth in other outdoor sports such as cycling, fishing, horse riding skate

Overview of Sports nutrition market in Poland

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Over the last 5 years the sports nutrition market in Poland has experience impressive growth of over 30% but in 2020 the market contracted by 5% due to covid and the restrictions brought in to counter it.

Demand for cross-country skis skyrockets as Czech winter centres remain closed

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Closed ski centres have forced Czechs to switch from downhill to cross country-skiing, Hospodářské noviny reports.

The largest bike factory in Europe is being built in Romania

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Europe’s largest bike factory is under construction in Timisoara Romania, its expected to be finished in September 2021. The bike factory is being built by Sport Mechanical Workshop who is a partner of Decathlon.
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