The bipolar plate for PEM fuel cells made of a polymer blend which is filled with conductivity-enhancing carbon fillers and which includes at least two mutually nonmiscible blend polymers, is distinguished by the fact that the at least two blend polymers form a co-continuous structure and the carbon fillers are at a higher concentration in one of the blend polymers or in the phase between the blend polymers, or that a blend polymer in which the carbon fillers are at a higher concentration forms a continuously conductive matrix in which the at least one further blend polymer is intercalated.