LEVIT marks end of 2 year re-organisation plan

Source: CCFS

LEVA-EU member LEVIT is approaching a significant milestone with the successful conclusion of its two-year reorganization process. Under the leadership of CEO Petr Svoboda, the company has not only stabilized but emerged with a renewed vision and a strengthened foundation for future growth.

The transition has been described as a critical period in LEVIT’s development, with the reorganization aiming to ensure long-term sustainability, regional employment stability, and continued innovation in the Czech e-mobility sector.

CCFS, a venture capital partner organization that has been involved in the restructuring process, has praised Svoboda’s instrumental commitment in driving the company forward.

Svoboda himself reflected on the journey in a personal post, likening LEVIT Bikes to being his “third child”. He acknowledged the sacrifices and challenges faced along the way, including moments of financial uncertainty, and praised his core team for their support through difficult times.

He also paid tribute to key collaborators and departments, from production and logistics to customer service, highlighting a shared sense of purpose and camaraderie among the 70+ employees.

As the reorganization phase concludes, LEVIT Bikes is preparing to enter a new chapter focused on expansion, innovation, and regional impact. Most recently, its recent developments have included entering the UK market and great recognition in the reputable Fietstest 2025 awards.