By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Luxury Bikes produced in Travnik reach High Prices abroad?
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > Luxury Bikes produced in Travnik reach High Prices abroad?
BUSINESS

Luxury Bikes produced in Travnik reach High Prices abroad?

Published: November 20, 2017
Share
SHARE

In the Machine Factory Travnik (GS TMT) are produced luxury bikes for the German partner Ruff Cycles. The price of a “regular” bike is around 1,500 EUR, while a bicycle with an electric motor can reach the price up to 7,000 EUR, and their buyers are usually true lovers of unique pieces.

“We have bikes with a steel frame that are not electric and electric bikes with aluminum frames, and we definitely have no competition in the whole world. We attended the biggest bicycle fair in Germany in late September and a man gets tired while looking at the same things all over the market. We were pleased by the fact that we represented a refreshment, we offered something unique and left the visitors breathless,” said Jasmin Dzananovic, the head of the project.

The average price of the bike without an electric engine is around 1,500 EUR, while the electric version of Ruffian costs about 5,500 EUR. The price up to 7,000 EUR depends on the buyer’s wishes.

“Anyone can buy these bikes, we just need the money and the desire. We are mostly export-oriented. Our clients from Germany, the US and Australia want these products, they are young and enjoy them,” added Dzananovic.

A total of 50 steel or 60 aluminum frames are produced in the GS TMT per month, and they are aiming to increase the production to 1,200 frames per year.

They are planning to expand the production in the future, to increase the number of workplaces, and the capacities will depend on the demand. A total of 4.5 million BAM were invested in the production facilities, and it is certain that additional funds will be invested, according to the demand of the market.

(Source: E. M./Klix.ba)

 

 

 

Who are the Convicts for Genocide in Srebrenica?
Railway Transport in Bosnia and Herzegovina in Function as of June 1st
Attorney Branko Lukic: Ratko Mladic will appear at the Verdict Pronouncement
SIPA handed out a Call to Former FC Dinamo Zagreb Executive Zdravko Mamic
FBiH Government adopted the Employment Strategy for the period 2018 – 2021
TAGGED:#BiH#bikes#export#travnik#uniqueelectric bikesGS TMThigh prices
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article High-school Graduate from BiH is Candidate for “Children’s Nobel”?
Next Article Miracle: Four-year-old Mia speaks English as native Language (video)
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

The new UK Ambassador arrived in Sarajevo: “A View that I will enjoy for Years to come”
August 28, 2026
Arrest of Ratko Mladic: When Police Entered the House He Was Hiding Behind the Door
August 28, 2026
BiH Minister of Foreign Trade: “Mladic Was, Is, and Will Remain, My Commander”
August 28, 2026
Sarajevo marks 31st Anniversary of Markale Massacre and pays Tribute to those tragically killed
August 28, 2026
BiH UK Network: Mladic’s Death must not overshadow the Memory of His Victims
August 28, 2026
Ten Suspects handed over to the CS Prosecutor’s Office after the “Catering” Operation
August 28, 2026
Genocide Victims Association: Mladic’s Legacy is Mass Graves
August 28, 2026
BiH Basketball to welcome the Italian National Team Tonight
August 28, 2026
Sunny and hot in BiH, Temperatures up to 40 Degrees Celsius
August 28, 2026
Norwegian King Harald V passed away
August 28, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?