[citation needed] In 1921, following the end of the war, Ērenpreis launched his own workshop, where in early years he repaired and sold abandoned military transports of the Bermont army.
[4] In 1926 Gustavs Ērenpreis and his business partners established a joint-stock company called Omega, but this entity was ultimately abandoned that same year.
The new firm continued in its previous quarters until, in 1931, construction began on a new, modern bicycle factory located on in Brīvības Street.
[7] World War II and the occupation of Latvia halted G. Ērenpreis bicycle factory work.
The Ērenpreis company was nationalized by the USSR and renamed the "Red Star Riga Bicycle Factory" (Rīgas Velosipēdu rūpnīca (RVR) "Sarkanā Zvaigzne").
[4] Today G. Ērenpreis bicycles are exhibited at the Riga Motor Museum as part of the country's industrial heritage.