{"id":239816,"date":"2021-06-02T09:29:54","date_gmt":"2021-06-02T13:29:54","guid":{"rendered":"https:\/\/oncubanews.com\/en\/?p=239816"},"modified":"2021-06-02T09:32:37","modified_gmt":"2021-06-02T13:32:37","slug":"cuban-enterprise-to-manufacture-more-than-6000-bicycles-for-national-consumption","status":"publish","type":"post","link":"https:\/\/oncubanews.com\/en\/cuba\/cuban-enterprise-to-manufacture-more-than-6000-bicycles-for-national-consumption\/","title":{"rendered":"Cuban enterprise to manufacture more than 6,000 bicycles for national consumption"},"content":{"rendered":"

A Cuban state enterprise plans to manufacture 6,270 mechanical bicycles as an alternative to the <\/span>transportation<\/span><\/a> crisis that the island is currently experiencing due to fuel shortages.<\/span><\/p>\n

The bicycles – manufactured by the industrial company \u00c1ngel Villarreal Bravo (Ciclos Minerva), of Villa Clara – will be used for social purposes, with preference given to universities, according to Madeleine Vargas, director of the Industrial Equipment and Services Enterprise (EIESA), cited by the provincial newspaper <\/span>Vanguardia<\/span><\/i><\/a>.<\/span><\/p>\n

Financed by the State budget, \u201cthe first thousand are already being produced and we must continue with the rest of the batch as of June. Here we manufacture the metal parts (frame and fork) and import the other components from China,\u201d clarified the deputy director of Ciclos Minerva, David Rodr\u00edguez.<\/span><\/p>\n

The executive acknowledges that the initial amount is insufficient \u201cin a market that has been short of supplies for years,\u201d but he hopes that this figure can grow both through state financing and the enterprise\u2019s own self-management capacity.<\/span><\/p>\n

The enterprise is prepared to manage the liquidity generated by this product on its own, with a part of the income foreseen for investments, replacement of equipment, purchase of raw materials, and other necessary expenses so that the production does not stop, and that way also attract foreign exchange. Meanwhile, with the other part it began to buy supplies to produce the mechanical bicycles, which will be sold in Cuban pesos, the source indicated.<\/span><\/p>\n

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Regresan las bicicletas Minerva a las calles cubanas https:\/\/t.co\/0g5lQcSXjz<\/a> a trav\u00e9s de @VanguardiaCuba<\/a><\/p>\n

— Vanguardia de Cuba (@VanguardiaCuba) May 29, 2021<\/a><\/p><\/blockquote>\n