Lantmännen Unibake plans investments in its fresh bakery business in Finland and the Baltics
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Today, Lantmännen Unibake announced a comprehensive investment plan of approx. €40 million to accelerate growth in its European markets. The investment covers a new high-speed fast-food line including packaging equipment for retail as well as expansion of existing building and warehouse capacity.
The investment takes off immediately, and Lantmännen Unibake aims to start production on the new line in Q2 2022.
“I am proud to announce our significant investment in Unibake’s continued growth,” says Chief Commercial Officer at Lantmännen Unibake, Jan E. Hertz. “We are strongly committed to our customers and their growth ambitions and today’s announcement builds on this commitment and on our success in the Polish and European markets. It clearly proves Unibake’s ability to keep focus and execute our strategy despite a challenging business climate”, he says.
The investment plan also supports the continued success of the Nowa Sol region through creation of employment opportunities. Today, Unibake’s bakery in Nowa Sól employs more than 150 people. The expansion will create another 30-40 direct jobs. As the bakery purchases most of its raw materials in the Polish market, the investment will also translate into a number of new indirect jobs with suppliers and contractors.
At present, with 34 bakeries in 15 countries, Lantmännen Unibake is one of Europe’s largest bakery groups. The company employs more than 6,000 people and produces frozen and fresh bakery products for retail and foodservice in more than 60 markets worldwide.
Lantmännen Unibake Poland employs more than 450 people. In 2019, the company delivered sales of bakery goods with a total value of approx. €65 million.