A Place to Grow – Top Investments 2018 in Saxony-Anhalt

Saxony-Anhalt is the state with the right mix: it is both an impressive industrial location and a good place to feel at home. Many subsidiaries of international companies in the state were able to prevail in the group-internal competition and brought expansion investments to Saxony-Anhalt in 2018.

December, 2018

Start up for health: Supported by IMG Saxony-Anhalt, US-based medtech company MedWaves opened a subsidiary at the research Campus STIMULATE in the state’s capital Magdeburg. The company aims to develop microwave ablation systems for tumor treatment together with STIMULATE.

A big step: CIECH Soda Deutschland, part of the Polish Ciech Group, is building a new plant to manufacture high-purity evaporated salt products for the food and pharmaceuticals industry in Staßfurt for just under €109 million by the end of 2020. Salt tablets for the treatment of drinking water are to be produced first and foremost. At least 133 new jobs will be created, 33 of them traineeships. The Federal State of Saxony-Anhalt is funding the investment with €11.25 million from the State-Region Joint Agreement “Improvement of Regional Economic Structure” (GRW). Saxony-Anhalt’s Economics Minister Prof. Dr. Armin Willingmann said: “Behind this major investment there is a clear commitment from the Polish CIECH Group to further develop the Staßfurt location, which the traditional soda works will also benefit from.” CIECH has been running the soda works whose roots date back to 1882 at the Staßfurt location since 1996 with 320 employees at the moment.

Germany’s oldest: Schirm, daughter of the South African AECI Ltd. and expert in the field of synthesising, formulating and packaging of fine, specialty and agro chemicals, opened the new synthesis plant at its site in Saxony-Anhalt in September with a ceremony. €20 million were invested. Schirm today has around 270 employees and 17 apprentices on-site and will manufacture products for the automotive and plastics industry as well as for agriculture. A further expansion of capacities is planned.

Opening the new plant of Schirm © IMG Sachsen-Anhalt mbH/Nico Horn

Secure foundation: The building distributor Saint-Gobain, part of the French building materials group Compagnie de Saint-Gobain, is setting up a logistics center in Osterweddingen in the south of Saxony-Anhalt. The company is investing a good €34 million. From the logistics center, all German branches of the company are to be supplied with tiling, building and demounting items as well as construction equipment and tools. With the investment, Saint-Gobain is merging its business premises in Halle and Magdeburg with around 120 employees. In addition, 19 new jobs would be created.

Strong statement: One of the largest construction equipment manufacturers in the world, US-based company Bobcat, has opened a new logistics center in the Star Park in the city of Halle (Saale). The new warehouse covers about 43,000 square meters. Modern sorting technology will ensure fast deliveries. The warehouse employs about 130 people. According to Bobcat, the closeness to DHL’s European cargo hub at Airport Leipzig / Halle was the main reason behind the move. The logistics center is to supply not only German customers, but also – via air freight – dealers in 75 countries in Europe, Africa and the Middle East.

Perfectly logistical: The online retailer Amazon announced construction of a logistics center in Osterweddingen, near Saxony-Anhalt’s capital Magdeburg. Around 2,000 new jobs are to be created. The first steps to prepare the beginning of the construction measures have already been taken.

Growing again: Chinese Greatview Aseptic Packaging Manufacturing again expanded at its site at StarPark in Halle (Saale). About €10 million were invested to increase the capacities.

From old into new: With an investment of approximately €15 million and the creation of another 30 jobs, the company PURAGLOBE Germany, a 100% subsidiary company of the American PURAGLOBE Group, has also committed to its location in Saxony-Anhalt. At the Zeitz Chemical and Industry Park the company has now been operating facilities for the production of base oils in Elsteraue since 2004. Each year, the some 150,000 tonnes of used oils are converted into high quality group II+ (API) base oils. Its latest technological development is the HyLubeSAT™ process, with which used oils are being used to manufacture group III base oils at a production plant in Saxony-Anhalt for the first time. The higher performance of these oils results in low levels of friction in engines, and reduces their fuel consumption and therefore their CO2 emissions.

PURAGLOBE facility at the Zeitz Chemical and Industry Park © PURAGLOBE Germany

Companies’ benefit: Investment and Marketing Corporation Saxony-Anhalt (IMG) is always at your service! We support companies with their investment in our state – from the first idea until business implementation. And with success for your success: After a strong year in 2017, our investor service is able to look back on a successful balance for the first three quarters of 2018. Among the projects managed by us, Saxony-Anhalt was able to assert itself 34 times in the location competition during this period, nationally and internationally. These projects comprise planned investments of around €533 million with around 600 new and 1400 secured jobs. During the same period, we supported 35 operational starts with an investment volume of € 450 million, 350 new and 2150 secured jobs.

Discover your opportunities in Saxony-Anhalt: www.invest-in-saxony-anhalt.com