Bulgaria’s
leading sunflower and oil producer and grain trader has secured a loan
agreement with the European Investment Bank. 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.
This
agreement is supported by the European Fund for Strategic Investments (EFSI),
the core part of the Investment Plan for Europe, or so-called Juncker Plan.
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.”
https://www.neweurope.eu/article/european-investment-grows-bulgaria/