Next City Corp., known under the old name Velocity Ltd. is now one of the leading bicycle manufacturers in Romania and no. 1 among independent producers of bicycles.
Collaboration in 2013 between Next City Corp. and Vertical Finance Ltd. consists of:
- preparation of a business plan in order to expose the evolution of society NextCity SA and present development strategy of the company in the short and medium tterm to participate in a public tender for the concession of a land taking. Estimated value of the investment expected to reach 15,000. 000 euro without VAT and aims to develop on long-term the Velocity business by setting up a new production unit 6 times higher than today.
- preparation of complete documentation for investment “Sportcity Industrial Complex” made for obtaining a grant through the State Aid Scheme in July 2013.