![](https://media.business-review.eu/unsafe/420x250/smart/filters:contrast(5):quality(80)/business-review.eu/wp-content/uploads/2018/03/rsz_botescu.jpg)
Andrei Botescu is the man behind the revival of the iconic Pegas bicycle, many a Romanian’s favorite childhood buddy. Relaunched in 2012, under his supervision, in 2017 the company managed to get a complete portfolio for each and every category of bike, from urban to e-bikes. Moreover, it launched Romania’s first electric bikes, as well as several brands for other outdoor products such as vintage skates, electric transportation – electric scooter and electric longboard, and kendamas. Last year Pegas launched three new mono-stores in Bucharest, Timisoara and Ramnicu Valcea.
Since the middle of 2017 the firm has been developing the implementation of a dockless smart bike sharing service. “We offer the complete service, from bikes specially designed for bike sharing, meaning anti-theft nuts, anti-corrosive parts, no-puncture tires and basket, to a special app and special lockers for the program. This project is innovative because the bikes are free floating, geo located and secured by external lock,” Botescu explains. It is due for launch in March.
Furthermore, Pegas is the only Romanian bike company to have launched two versions of an electric bike last year, and it will continue to develop more bike models this year. “In terms of business, in 2017 we opened up three more Pegas mono-stores.