German “Dr. Oetker” for foodstuffs closes a factory due to losses

Oetker, a German food group, announced today the closure of its factory in the state of Baden-Württemberg. and restaurants.

According to the German company, the company stated that the products consist of a group of seasoned foodstuffs, and that production will be gradually stopped and production will be transferred to other sites in the future, and Dr. Oetker intends to negotiate with the Staff Council on the balance of interests.

The company attributed the closing step to the continuous decline in demand for years, noting that the Corona pandemic exacerbated this effect, and the company will keep 50 jobs in the sales marketing and management sector in the factory.

And the food sector in the “Dr. Oetker” group had passed the Corona pandemic in 2020 without major losses. No figures are available yet for the past year, but the sector has endured a decline in its revenues due to the closure of canteens and restaurants.

Dr. Oetker is headquartered in Bielefeld, and the group employs 34,000 people worldwide, and its revenues last year amounted to 3.71 billion euros.

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