Concept

Prophete

Résumé
Prophete In Moving GmbH is a German manufacturer for bicycles, e-bikes, scooters, and supply parts that traditionally trade under the Prophete keep moving brand name. The company (including the subsidiary company Cycle Union) employ a staff of about 400 people at 4 production sites. In December 2022 the company declared bankruptcy. History The company started out in 1908 as a bicycle workshop based in Halle an der Saale, but at the end of World War II the Prophete family moved the company to Rheda-Wiedenbrück in West Germany and expanded the operation to include wholesaling and importation of bicycles. By the 1970s the company had become the main supplier of bicycles to German supermarkets and mail order houses which eventually led to the company starting to manufacture bicycle frames and other parts in its own factories in order to ensure stabler supplies. In 1995 the company formed a subsidiary called SI-Zweirad-Vertriebs-GmbH in order to enter the
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