THUN passes investment program worth 18 million Euro

THUN expects a significant expansion of the European bicycle production. Hence, the family business has lined out a multi-year investment program with an overall investment of 18 million Euro. Like that, the production capacity will be tripled and efficiency, flexibility and quality further improved. “With this investment program we will reduce delivery times to “same day delivery”. As of June a 40’ container with 100,000 bb-sets leaves overland from Duisburg (D) to Wuhan (PR China) every week in order to utilize this hub for the distribution to the Asian markets; which is where the demand for quality bb-sets with square taper is growing”, state the two Deputy CEOs Alexander and Christian Thun happily.