Cargill opens office in Bulgaria
January 26, 2007
by FoodBusinessNews.net Staff
SOFIA, BULGARIA — Marking a first for the company in Bulgaria, Cargill has opened a grain and oilseed trading office in Sofia. Cargill said its trading activities there will focus principally on exporting wheat, corn, sunflowerseed, barley and rapeseed. "The office will enable us to grow our business in a region where a local presence is increasingly important," said Stoyan Stoyanov, general manager of the new Cargill office. "Cargill already has a strong presence elsewhere in the Black Sea region that will be complemented by our Bulgarian operations. We will create real value and opportunities for customers by opening up markets for Bulgarian grains and oilseeds produced here in the rest of the world." With a population of 7.5 million, Bulgaria in 2006 harvested 3.2 million tonnes of wheat, 1.4 million tonnes of corn and 515,000 tonnes of barley.