Read all about Estonia Latvia & Lithuania

Pon.Bike COO Huub Lamers at the opening ceremony of Pon.Bike factory in Lithuania. – Photos ELTA/Andrius Ufartas

Pon.Bike's Lithuania factory opening a high-brow investment event

KEDAINIAI, Lithuania - Industry guests, suppliers, building constructors and official authorities gathered Tuesday for the official opening of Pon.Bike's state-of-the-art bicycle and e-bike factory in Lithuania. The Ministry of Economy and Innovation granted the status of this €57 million project into a major foreign direct investment which turned the opening into a high-brow event.

The high interest rate significantly strains profitability at Baltik Vairas. – Photo Bike Europe

Financial8 Aug 24

Baltik Vairas forecasts 20% decline in bicycle production

ŠIAULIAI, Lithuania - Overcapacity and a slowdown in demand in Europe were the main reasons for a decline in turnover in 2023 reports bicycle manufacturer UAB Baltik Vairas. In 2023 the company generated a turnover of € 170.96 million, down 7.5% from € 184.9 million in 2022.

Comodule’s new software development kit should simplify development, enabling brands to craft their own app. – Photo Comodule

Innovations & products21 May 24

Comodule simplifies creating custom apps for e-bike brands

TALLINN, Estonia - Building an own mobile application has become easier for e-bike manufacturers with the launch of Comodule's next generation software development kit. The Estonia company expects that user-experience will soon emerge as the main differentiator. "Forward-thinking e-bike manufacturers are well-advised to partner with IoT providers that enable them to develop their own brand apps," writes Comodule.

Pon added a new facility to its production portfolio. – Photo YIT

Production25 Apr 24

Pon.Bike setting up production as construction in Lithuania completes

VILNIUS, Lithuania - Construction company YIT Lithuania has handed over the keys of the newly built Pon.Bike bicycle factory in the Kedainiai Free Economic Zone in Lithuania. over the next 5 to 6 months Pon.Bike will prepare the new facility for production.

leg&go CEO Zaiga Kalnbērziņa and product developer Atis Garklavs (son of founder Egons) run the company in Latvia with three dozen employees. – Photo Peter Hummel

Innovations & products16 Apr 24

Latvian ingenuity making waves in the balance bike world

CĒSIS, Latvia - It is no coincidence that leg&go, the innovative wooden balance bike, comes from Latvia of all places. Firstly, this Baltic country has a long tradition of wood processing and secondly, founder Egons Garklavs is regarded as an ingenious designer there. The company reported a record turnover in 2023 and is now eyeing further export markets, including the US.

Vok’s two current models are the Standard (left) and XXL which both feature the serial hybrid drive. – Photo Vok

Innovations & products11 Apr 24

Estonian innovation combines in Vok serial hybrid cargobikes

TALLINN, Estonia - Tallinn appears to be a nucleus for e-mobility. The Kõu Group with Ampler and Comodule put Estonian expertise in this field on the map. Now Vok is taking things to the next level: the start-up wants to shake-up up the market with heavy-duty bikes. In any case, it has a unique selling point, with its self-developed serial all-wheel hybrid drive.