News

  • Feb 05, 2015

    The reorganization of Baltik Vairas German unit spurs a boost in efficiency

    Baltik Vairas, the Northern European developer and manufacturer of bicycles and e-bikes, is going through a substantial structural reorganization which has already had an impact on the overall efficiency of business processes. Due to the reorganization some important changes have been implemented in the structure of top management - General Manager of a German Unit, Andre Fuchs, departed from the company on the 30th of January, 2015 and Peter Jensby, CEO, additionally takes over the responsibilities of the General Manager of BV-Cycles (Germany). 

    Read more
  • Jan 06, 2015

    Sales and earnings increase for Baltik Vairas

    Baltik Vairas UAB net sales are 10 M EUR for the first quarter of financial year 2014-2015* i.e. 24 per cent higher comparing to the first quarter last year. Accordingly, EBITDA is 0.6 M EUR higher comparing to the same period last year.  

    Read more
  • Dec 03, 2014

    Innovative drives to Baltik Vairas

    Elinta* Company together with the owner Dr.Vladas Lašas visited Baltik Vairas recently to discover opportunities for cooperation and find synergies for Rubbee drive** project development. Baltik Vairas and Elinta has agreed that Elinta will give two Rubbee drives for Baltik Vairas - for the latter's customers evaluation, and Baltik Vairas gives to Elinta Company two bikes - for innovative Elinta's projects, testing and developing the new ideas.

    Read more