BikeBiz Bicycle and cycling retail news
Delyan Dobrev, Bulgarian Minister of Economy, Energy and Tourism, was special guest at Dahon’s fifth annual international conference earlier this month.
Dobrev’s appearance was prompted by Dahon’s decision to move production of bikes for the continent to Plovdiv, Bulgaria. This newly established European HQ, created with Maxcom, is set to have a 40,000 unit production initially, due to reach 100,000 by the end of the year.
The Sofia-set annual conference also saw Dahon unveil its 2013 product range and present Dobrev with a bike and certificate of appreciation for his support for Dahon and its efforts to use sustainable energy in Bulgaria.
Dahon founder and CEO Dr. David Hon said: “We are excited to have moved our European production to Bulgaria, not just because of its logistical advantages, but also because of its increased focus towards the use of sustainable energy."
According to Dahon projections, 19m USD will be contributed to Blugaria’s export output within the first year, with total exports of Dahon bikes from Bulgaria rising to 38m USD by 2015. Bulgaria’s total exports in 2011 totalled 26.06billion USD.
Register for the BikeBiz News Digest at the registration page.
Follow BikeBiz on Twitter at @BikeBizOnline or ‘Like’ the BikeBiz Facebook page here.
