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Baia Mare to make bikes for Poland

Baia Mare to make bikes for Poland

Ziarul Financiar · 7 iulie 2004 · 1 min de citit



The Baia Mare based Romanian-Hungarian joint venture Eurologistic, owner of the logistics park of the same name, plans to start a bicycle production business under contract. It will therefore assemble Eurobike bicycles under a Hungarian licence in Baia Mare and sell them on the Polish market. “We have an order for 70,000 bikes for Poland,” said Iozsef Fodor, Eurologistic chief executive. To be able to assemble the bikes, the company repaired and modernised three production facilities inside the logistics park, an investment of about one million euros. The manager of the company says the money for the investment came from the Hungarian partner. The bike business was one of the reasons for buying the former Ferma 3 Avicola (a former poultry farm) two years ago. “We wanted to make Eurobike bicycles here ever since we bought the farm, but customs issues prevented us from going ahead with the initial plan. However, we did not give up,” the company manager explained. ZF



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