The financing will be used for the construction of a new sunflower oilseed production plant and storage and logistic facilities in the Beloslav municipality near Varna.
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Meanwhile, the European Investment Bank opened an office in Sofia on September 18 to help provide local, targeted assistance for project promoters and small businesses looking for investment.
“I welcome the EIB’s commitment to targeting EU investment to the agri-food sector,” said European Commission for Agriculture Phil Hogan. “This is a growth sector with massive potential to contribute more to job creation and growth with smart, tailored investment. I encourage any and all agri-food operators with a suitable investment plan to make contact with the EIB to investigate what options may be open to them.”
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