The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture For Transport Equipment Manufacture Of Other Transport Equipment 30.92 - Manufacture Of Bicycles And Invalid Carriages
10 jobs Number of planned job creations
Announcement Date
4 February 2016
Employment effect (start)
1 February 2016
Foreseen end date
1 June 2017
Description
Berria Bikes is a new Spanish company, founded in 2012. It is a family business started by the ex-professional David Vitoria and his brother Josè. In 2015 their revenues reached 4 millions (in Euros). The company's new plan is to open a plant with 20 employees in Ossa de Montiel (Albacete), backshoring the production from China and Taiwán. José Vitoria declares that the new plant is going to occupy 4.000 square meters, and it should start in June 2017. Berria Bike aims to increase the customization of the products, and to be able to deliver in only 21 days from the order. In addition, costs of production in Asia are increasing, motivating other competitors to backshore their production.
Eurofound (2016), Berria Bike, Reshoring in Spain, factsheet number 186, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/186.
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