Orbea’s annual report shows $438M in sales, 1,000-plus employees

May 9, 2023

Orbea has doubled its workforce in the last three years and now has more than 1,000 employees, with 80% of the in Spain’s Basque Country.

The brand, which is organized as a cooperative, reports 2022 sales of 400 million euros ($438 million), with 85% coming from export markets. After taxes, profits were 20% higher than in 2021. Bicycle Retailer