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Hello @Jesper, Thank you for your time and detailed answer. Here (Croatia) the price for this one is about 100€, so you were also right about the price. Perhaps I will consider this one for city and outskirt rides. Thank you once again for your help and have a nice day! :)

Okay...I got it, the bike brand is actually "HERO", Indian company so yeah, not Olympic 😂😂

Hello, I saw the bike on the sale and it seemed nice on the first look. I am an amateur, don't know much of these old bikes and couldn't find any info of the bike, except I the thread here. The bike has written on it "Olympic spirit" and "racing hero". Could this be the same brand you are...