11.20.2023

Bicycle manufacturer Eurosport DHS, held by Chinese and German investors, posted RON536.8 million (EUR108.8 million) in 2022, up more than 38% from the previous year’s RON388.6 million (EUR79 more

05.24.2023

Bicycle manufacturer Sport Mechanical Workshop in Timisoara, which works exclusively for sporting goods retailer Decathlon, ended last year with more than RON132 million revenue, an increase of 60% on more

06.23.2022

Bicycle manufacturer Eurosport DHS, controlled by Chinese and German investors, posted RON388.6 million (EUR79 million) revenue in 2021, up 16% from the previous year’s more than RON334.8 million more

11.25.2021

Germany’s Corratec group will start manufacturing bicycles in Timisoara in 2022, where it wants to employ 300 people within two years. The group will assemble 300,000 vehicles a year here. more

07.19.2021

The largest bicycle plant in Romania, developed by Sport Mechanical Workshop in Timisoara, will be completed this fall and assemble up to 1.5 million bicycles a year. The only customer of the facility more

07.12.2021

Bicycle manufacturer Eurosport DHS posted RON334.8 million (EUR69.5 million) revenue in 2020, 10% lower than in 2019, ZF has calculated from Finance Ministry data. more

05.14.2021

Timisoara-based Sport Mechanical Workshop, which assembles bicycles for sporting goods retailer Decathlon, will inaugurate ai second plant in the city in the fall, the manufacturer said on its more

04.13.2021

The component shortage has grown worse and is already affecting more than the automotive industry, having spread to the computer and electronics and bicycle industries, so analysts expect a difficult more

03.04.2021

French-held Decathlon group, the leader of the local sporting goods retail, plans to have more than 1 million bicycles assembled in Romania in 2021, compared with about 860,000 last year. more

05.22.2020

Sporting goods retailer Decathlon has partners in Romania manufacturing clothing, footwear, and bicycles in their plants. more

01.22.2020

Timisoara-based Sport Mechanical Workshop company, which assembles bicycles for sporting goods retailer Decathlon, will invest EUR30 million in a new production facility in the city. more

08.28.2019

The Deva plant of bicycle manufacturer Eurosport DHS held by Chinese and German investors, makes 400,000 bicycles a year, more than half of which exported. The remaining 50% goes to 200 local partners more

06.11.2019

Romania has three bicycle and bicycle parts manufacturers among the top 200 local exporters. The three are Madirom Prod (a company held by French sporting goods retailer Decathlon), Eurosport DHS and more

06.03.2019

French-held sporting goods retailer Decathlon, which is present on about 50 markets worldwide, manufactures bicycles in two plants in Romania. Sport Mechanical Workshop in Timisoara and NextCity in more

08.31.2018

About 450,0000 bicycles at an average price of EUR are sold in Romania every year, which means local consumers spend EUR90 million on two-wheeled vehicles annually, ZF has estimated based on the data more

07.03.2018

The VeloCity Resita plant (Caras-Severin County in central Romania), which works only for French-held sporting goods giant Decathlon, makes 400,000 bicycles a year, which then go to every corner of more

12.19.2017

Atelierele Pegas, the operator of the bicycle brand by the same name, plans to develop by expanding its own retail operations and by working with partners. more

12.15.2017

Bicycle manufacturer Eurosport DHS based in Deva and held by Chinese and German investors exports more than half of its production to 24 markets in Europe and sells its products in stores throughout more

11.21.2017

Bicycle sales reached EUR82 million in Romania last year, an increase of 37% on 2015. Moreover, the market doubled compared with 2014 and is four times bigger than in 2008, the last year of economic more

08.28.2017

Romania assembled about 900,000 bicycles last year, about as many as in 2015, but twice as many as in 2008-2009, which puts the country on the sixth place among bicycle manufacturers in the EU. more

08.14.2017

The cumulated revenue of the three largest bicycle and two-wheeler part manufacturers in Romania stood at almost 800 million lei (EUR175 million) last year. The revenue of each of them increased at a more

08.26.2016

Romania manufactured about 900,000 bicycles last year and climbed to fifth place among the manufacturers in the EU after having doubled production in 2009-2015. It is also among the largest more

12.27.2015

Bicycle plant VeloCity Resita in Caras Severin County (SW Romania) has received orders to make one million bicycles over the next two years and will have to hire 50 more people to complement the more

10.09.2015

Network One Distribution (NOD), the largest IT&C equipment distributor in Romania, held by entrepreneur Iulian Stanciu, has become the majority shareholder of local bicycle manufacturer Pegas. The more

08.31.2015

Romania made 820,000 bicycles last year, a new record high for the country, which helped it climb to the sixth place in the EU, ahead of France and Portugal for the first time. more