Latmannen Unibake to invest €75 mln in Lubuskie
13:34
Lantmannen Unibake is poised to invest €75 million in the first stage of the construction of a new plant in Nowa Sól, Lubuskie voivodship, informed Jacek Górecki, a managing director for Poland and Hungary. As many as 110 people will be employed at the factory.
"We plan that 70 percent of the production will be exported to Germany and the Nordics and the remaining 30 percent will be sold in Poland. The decision to locate the production in Poland was based on the size of the market, our presence in the country, the perception of the brand and costs," said Górecki.
He added that the ready-to-bake bread sector is expected to grow by 20 percent by 2020.
The construction will start this month, it will end at the end of 2018.
Lantmannen Unibake is a maker of fresh and frozen bakery products.