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News Detail

14.08.2020

Industrial bakery Panem Backstube GmbH expands in northern Thuringia

Panem is growing rapidly. The industrial bakery in northern Thuringia is putting up a second factory building at its Bleicherode location and doubling its production capacity. Starting in 2021, 40,000 rolls, 20,000 pretzel products and 15,000 baguettes will leave the new building each day. Panem set up business at this location in the mid-2010s with support from the State Development Corporation of Thuringia (LEG).

The company is investing around EUR 50 million in the new facility: EUR 15 million for the building itself and EUR 35 million for the production equipment. It plans to increase its headcount from 230 permanent employees to around 350. One key element of the new production line will be a state-of-the-art masonry oven worth three million euros. "Each square meter can hold around half a ton of dough. And each production line processes around four tons per hour. Eventually, we plan to have four lines", explains Panem CEO Markus Schirmer. "We are confident that our high product quality will enable us to expand our market share. Between the good transport links, close proximity to our customers and available space, northern Thuringia is the ideal location to continue driving our expansion."

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