A symbolic groundbreaking ceremony for a new refinery was held today at the Klas Olio plant in Karapelit, Dobrich Municipality, Bulgaria.

Mrs Sonya Georgieva, Mayor of the Municipality of Dobrich, Mr Borislav Stoyanov, Manager of the sunflower processing plant in Riltsi, and other business partners and official guests attended the event.

“Today, we begin building one of the most advanced refineries in Europe,” announced Mr Erhan Fikret, Executive Director of Klas Olio EAD.

The fully automated new production line will meet all the latest quality requirements of the European Union and will have the capacity to produce 300 tons of refined oil per day.

The project investment measures EUR 10,000,000, and the inauguration of the new plant is planned for September 2023. By then, the total production capacity of Klas Olio will reach 500 tons of pure refined oil per day.