Berria Bike

Type
Reshoring
Country
Spain
Reshoring from
China
Reshored business function
Production
Region
Centro (ES); Castilla-La Mancha; Albacete
Location of affected unit(s)
Ossa de Montiel (Albacete)
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
30.9 - Manufacture of transport equipment n.e.c.
30.92 - Manufacture of bicycles and invalid carriages
10 jobs
Number of planned job creations
Job creation
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.

Sources

Citation

Eurofound (2016), Berria Bike, Reshoring in Spain, factsheet number 186, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/186.