Brandenburg – Attractive for International Investors

All the regions of Brandenburg are growing – and are popular with foreign investors.

December, 2019

Japanese company Fuji Oil recently announced its decision to invest in the vibrant industrial region of Lusatia in the Germany-Poland-Czech Republic triangle. The globally active food industry company with more than 5,000 employees worldwide  is establishing a production facility for food supplements in Golssen. The first step will involve an investment of 15 million euros and 21 new jobs.

“Brandenburg plays a special role in our firm’s European business,” said the CEO of the newly formed subsidiary Fuji Brandenburg GmbH, Naohiro Rokukawa. “The Golssen location offers ideal conditions for our firm’s continuing development.”

Fuki Oil’s product portfolio includes plant-based oils and fats as well as chocolate and other food supplements, and the company’s capacity for innovation is evinced by its own R&D laboratories. It’s the tenth large Japanese company in Brandenburg. The others include microelectronics specialist Yamaichi in Frankfurt (Oder), Japan’s largest drug company Takeda Pharmaceuticals in Oranienburg and the globally active optics and reprography manufacturer Olympus, which produces state-of-the-art medical technology for minimally invasive surgery in Teltow.

BASF Schwarzheide site © Kai Abresch/BASF Schwarzheide GmbH

Spanish environmental technology company Tradebe, which has more than 2000 employees worldwide, has also found it impossible to resist the lure of Lusatia. It has set up a subsidiary specializing in the recovery of solvents from industrial production cycles on the BASF site in Schwarzheide. That has created 17 jobs and brought with it an investment of 10 million euros.

“Lusatia and Schwarzheide in particular are very industry-friendly,” said Tradebe factory head Volker Sernau. “So we feel very much at home here.”

Brandenburg is also very popular with companies from the US, which with 50 American firms represents the biggest foreign investor in the regional state. One of the companies, Microvast, is building its European headquarters in Brandenburg. In the future, Microvast will produce lithium-ion batteries and employ 150 people in the Ludwigsfelde Industrial Park in Eichspitze, south of Berlin. Construction is scheduled to commence in April 2020. Microvast is one of the leading international producers of electric motor systems for passenger vehicles and buses. It should give a general boost to electro-mobility in the German capital region. The company touts its ultra-fast-charging technology as being able to fully power up electric vehicles in 10-15 minutes.

“Especially for international companies, Brandenburg is an attractive investment location,” stresses the CEO of the Brandenburg Economic Development Agency (WFBB), Steffen Kammradt.  “International companies looking for business locations want available spaces, qualified specialists, good chances for cooperation and professional investor services. In addition, Brandenburg offers an array of business assistance. It is available not just to support foreign investment but to promote everything from R&D to advanced qualifications for employees. One special service Brandenburg offers is that economic and labor assistance is provided by a single source. That is unique in Germany and is catching people’s eyes in the international competition between various business locations. We are delighted that with

Fuji Oil, Tradebe and Microvast international respected and innovative companies have decided in favor of Brandenburg.”

The metropolitan region of the German capital includes the separate federal states of Brandenburg and Berlin and represents one of the most dynamic business areas in all of Europe. Germany’s capital region is almost as large as Belgium, and with its six million inhabitants, it’s more populous than Denmark, Norway or Finland. The state of Brandenburg and the metropolis of Berlin complement one another perfectly.

Since its founding in 2001, the WFBB has supervised a total of 226 international investment projects – often with partners like GTAI.