Veganz Group AG Secures Investment Grants for New Production Facility

Veganz Group AG has received investment grants from the state of Brandenburg for its new production facility in Ludwigsfelde. The company’s application, approved last year, allows for funds to be drawn down to cover current and future investments in production capabilities.

The Ludwigsfelde site will be home to Veganz’s headquarters and will produce innovative products like the Mililk® milk alternative and a pea-based meat line using 2D printing technology. This marks the completion of the company's shift from a trading entity to a production company, initiated in 2020.

CEO of Veganz highlighted the challenges faced due to multiple crises and unfavorable economic conditions but noted that the current setup positions the company well for future profitable growth.