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Bulgaria: BEI supports a new sunflower oilseed plant

Commissioner Hogan, smart investmemt. New EIB office in Sofia

18 September, 17:21

(ANSA) - BRUSSELS - The European Investment Bank (EIB) has signed a loan agreement in Bulgaria with Oliva AD to finance the construction of a new sunflower oilseed production plant and storage and logistics facilities in the Beloslav municipality near Varna.

"I welcome the EIB's commitment to targeting EU investment to the agri-food sector. This is a growth sector with massive potential to contribute more to job creation and growth with smart, tailored investment", Commissioner for Agriculture, PhilHogan, said.

The EIB also opened a new office in Sofia on Monday, which will help provide local, targeted assistance for project promoters and small businesses looking for investment. (ANSA).

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