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Last €0.09 EUR
Change Today +0.029 / 44.62%
Volume 5.8K
As of 11:59 AM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

mifa mitteldeutsche fahrradw (FW1) Snapshot

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Day High
Day Low
52 Week High
07/23/14 - €2.35
52 Week Low
06/17/15 - €0.05
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Average Volume 10 Days
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mifa mitteldeutsche fahrradw (FW1) Details

MIFA Mitteldeutsche Fahrradwerke AG manufactures and sells bicycles. The company offers e-bikes, mountain bikes, and other bicycles primarily for wholesale, retail, and specialist trade. It also provides frame sizes, bicycle parts, and accessories. The company primarily operates in Germany, France, Austria, Switzerland, the Netherlands, and Denmark. MIFA Mitteldeutsche Fahrradwerke AG was founded in 1907 and is headquartered in Sangerhausen, Germany.

Founded in 1907

mifa mitteldeutsche fahrradw (FW1) Top Compensated Officers

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mifa mitteldeutsche fahrradw (FW1) Key Developments

MIFA Mitteldeutsche Fahrradwerke AG Announces Management Changes

Mr. Thomas Mayer has stepped down from his position on the Management Board of MIFA Mitteldeutsche Fahrradwerke AG, which he took up on 1 October 2014, on important grounds. The Supervisory Board has accepted this resignation with great regret as the Supervisory Board is of the opinion that the provisional insolvency administrator's behaviour and actions made it unacceptable for Mr. Mayer to  remain any longer. The Supervisory Board then appointed Mr. Olaf Grothey to be the company's  sole Management Board member (CEO) with immediate effect. Mr. Grothey has  many years of board and managerial experience, including as former  Industrial Relations Director and former Management Board member of Sartorius AG, Göttingen.

MIFA Mitteldeutsche Fahrradwerke AG Announces Change to Management Board

MIFA Mitteldeutsche Fahrradwerke AG has recalled Dr. Stefan Weniger from his post on the company's Management Board with immediate effect. The current CEO Thomas Mayer consequently acts as sole Management Board member until further notice. For the time being, this has no impact on the preliminary insolvency administration to be conducted by Prof. Dr. Lucas F. Fl-ther, which the District Court of Halle (Saale) ordered on 8 October 2014. This court order is not yet final, however.

MIFA Mitteldeutsche Fahrradwerke AG Appoints Thomas Mayer as CEO and Board of Director, with Effect from October 1, 2014

The Supervisory Board of MIFA Mitteldeutsche Fahrradwerke AG appointed Thomas Mayer to be a member of MIFA's management board as well as its CEO for a three-year period with effect as of October 1, 2014. Mr. Mayer's future management board responsibilities comprise the areas of strategy, sales and marketing, finance and controlling, legal, IT and human resources, and public relations. As a consequence, he is also assuming the management board responsibilities of former CEO Hans-Peter Barth, whom the supervisory board has recalled from office. Future MIFA CEO Thomas Mayer has extensive experience as a management board member and managing director of international operating companies in the areas of wholesaling, retailing and services as well as industrial companies.


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