Pon.Bike breaks ground on Lithuania bike factory
February 26, 2023Pon company officials buried a symbolic time capsule this week in the foundation of a new 40,000-square-meter (431,000-square-foot) bike factory being constructed here.
Pon company officials buried a symbolic time capsule this week in the foundation of a new 40,000-square-meter (431,000-square-foot) bike factory being constructed here.
Pon.Bike, the world’s largest bike family, owned by Dutch Pon Holdings, has signed an agreement with YIT Lietuva, a sustainable urban development and construction company, for the construction of 40,000 sq. meter manufacturing facility that will soon begin in Lithuania’s Kėdainiai Free Economic Zone (FEZ). The production of bikes in Lithuania is scheduled to start in Summer 2024. Due to an agreement between the parties, the value of the contract has not been disclosed.
Pon.Bike, the world’s leading bicycle company, will open a new manufacturing facility in Kėdainiai, Lithuania in 2024. The new production center could scale up to an annual production capacity of 600,000 bikes and will be equipped to produce bikes for multiple brands across the company’s premium portfolio, including Gazelle, Kalkhoff, FOCUS, and Urban Arrow. Pon.Bike expects to hire around 300 people over the first three years of operations, a number that could grow to over 500 in the future.
Pon.Bike Lithuania
Factory:
Pramonės g. 13A
Kedainiai FEZ
Postal address:
Gedimino av. 20
LT-01103 Vilnius