DH Sport biking to 4m euro turnover

Pedal power is something that everybody, not just city-commuters, appears to be waking up to. The bicycle producer DH Sport, a Chinese-owned company, projects turnover standing at 170 billion ROL (4.1 million euros) for 2004, 55% higher as compared to 2003. “In line with some market research we have carried out, we are the most important company in this domain, with a market share of 65-70%,” stated Lucian Contras, assistant manager with the company. “The market is improving and customers are taking to higher quality products, carrying proper guarantees”. In 2003, the company registered turnover worth 110 billion ROL. The company has invested around 300,000 euros in an automated technological flow, which has taken the total production capacity to 500,000 units per year. ZF