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mifa mitteldeutsche fahrradw (FW1) Snapshot

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52 Week High
08/2/13 - €7.74
52 Week Low
05/19/14 - €1.10
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mifa mitteldeutsche fahrradw (FW1) Details

MIFA Mitteldeutsche Fahrradwerke AG engages in the manufacture and sale of bicycles. It operates through Classic Bicycles, Electric Bikes, and After sales Services segments. The company offers a range of bicycles, including city and trekking bikes, Dutch and touring bikes, children and young people's bikes, and folding and foldable bikes; and sports bikes, such as mountain, racing, and fitness bikes. It also provides electric bikes, including pedal electric cycles. The company sells its products to dealers, retailers, and industrial companies. It primarily operates in Germany, France, Austria, Switzerland, Holland, and Denmark. The company has strategic partnership with Cycleurope AB for the development and production of bikes and e-bikes. MIFA Mitteldeutsche Fahrradwerke AG was founded in 1907 and is based in Sangerhausen, Germany.

655 Employees
Last Reported Date: 11/11/13
Founded in 1907

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mifa mitteldeutsche fahrradw (FW1) Key Developments

MIFA Mitteldeutsche Fahrradwerke AG Announces Board Changes

Prof. Dr. Utz Claassen was appointed to be new Supervisory Board member of MIFA Mitteldeutsche Fahrradwerke AG. The appointment was made in accordance with the application of MIFA's Management Board by court order pursuant to Section 104 of the German Stock Corporation Act (AktG), as successor of Prof. Dr. Ing. Klaus-Dietrich Kramer, who relinquished his Supervisory Board mandate on June 2, 2014. Utz Claassen is an economist and doctor of political sciences. In the past, Claassen has held numerous management board positions, including as CFO at SEAT S.A.

Mitteldeutsche Fahrradwerke AG Announces Earnings Results for the Year 2013

Mitteldeutsche Fahrradwerke AG announced earnings results for the year 2013. For the year, the company announced loss of EUR 15 million, the supervisory board has uncovered losses from past years, taking the total deficit to EUR 28 million.

Hero Cycles Denies Plans To Acquire MIFA Mitteldeutsche Fahrradwerke

Hero Cycles Limited is not taking over MIFA Mitteldeutsche Fahrradwerke AG (DB:FW1), DPA-AFX said. There is no final decision yet, Hero Motors Ltd's Chief Financial Officer Rohit Maheshwari was cited as saying.


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