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Turkish firm to open olive oil facility with Italian cooperation

The company had established one of Turkey’s largest olive groves, consisting of 80,000 olive trees

The Bilici Group from the southern province of Adana is planning to establish an olive oil facility in the Ceyhan district in cooperation with an Italian firm.

“We have gone to Italy and completed our talks with Italian officials,” Tamer Bilici, head of the group’s finance branch, Bilici Yatırım, recently told Anatolia news agency. “We plan to put the facility into operation using high technology.”

Bilici said the company had established one of Turkey’s largest olive groves, consisting of 80,000 olive trees on nearly 1,000 square kilometers of land, in Ceyhan in 2006.

Noting that the number of trees in the grove has now reached 100,000, Bilici said they aimed to increase the figure to 250,000.

The group also aims to produce their products from their own olive grove, Bilici said.

“We will collect olives from trees and pack them without touching them,” he said. “Then we will sell olive oil produced in our modern facilities to the global market.”

The company has chosen the Aegean region as a future area of investment, he said.

Bilici said the company had brought olive saplings from nine countries to begin its grove. “We tried 10 different olives; the Italian picual type matured in a short period of time, and we used special techniques to obtain early yields.”

The group is one of the leading companies in the Turkish textile sector, with exports to nearly 20 countries. The firm, which has applied to the Istanbul Stock Exchange, or ISE, recently completed its studies for an initial public offering.

Source: Anatolia News Agency

by S. C.
07 february 2011, World News > Europe

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