Summary

Following extensive research which covered aspects such as climate and weather patterns, rainfall, irrigation potential, soil types, inherent plant husbandry skills, communication resources, roads, electricity and available human resources, Greyfriars Bulgaria EOOD arrived at the conclusion that Bulgaria would be an ideal country in which to launch its new garlic production venture.

On the basis of a more detail investigation it was established that Tundja district , in the eastern part of the country could well become the garlic production centre of Bulgaria and, in due course, could become one of the most important centers of production in Europe.

On this basis, Greyfriars Bulgaria is proceeding with an investment and development program which will lead to the realization of its commercial ambition and corporate responsibilities as a leading fresh produce supplier to UK supermarkets.

Employment

As garlic is a highly labor intensive crop, the Greyfriars Bulgaria venture will have a major impact on job creation in the area. This impact will manifest itself in two ways. Firstly there will be an impact on the satellite growers and their families. These people will have known jobs, known crops, optimum yields, manageable production areas and known markets at known prices. These are all sound precursors to a solid and secure business. Whilst it is difficult to convert this data and sentiment in to job equivalents it may be possible to derive an acceptable formula based on average incomes and farm output.

In all it is anticipated that in the first year of commercial operation a total of 183 new job equivalents will be created.

Corporate Citizenship

Greyfriars as a company maintains the very highest standards of ethical trading and conforms with all European regulations in this regard. Indeed it usually exceeds expectations and Bulgaria will be no exception.

Greyfriars will set aside funds for community benefit and has already committed itself to offer computers to the village council and school, refrigerators to the school and clinic and proposes to initiate and completely fund a waste recycling scheme for the village benefit. Moreover it will actively seek other worthy causes to support, be they from official Council channels or through representations made by individuals with good ideas.

Outcomes

Greyfriars believes confidently that its proposal to establish a centre of excellence for garlic production in the Tundja district area has all the ingredients for success.

Such success would not only lead to significant new farm opportunities, 183 new job equivalents, the contribution of Leva 730,000 to the local community, export earnings of Leva 2 million and the wholesale community benefits both in kind and sentiment but the project will represent a beacon for other like minded companies which recognize the opportunities Bulgaria represents.

It is anticipated that within a decade the whole of the Tundja district area could become a thriving horticultural area offering full employment, improving standards of living and significant export earnings – which is everything the European Union wishes for Tundja district and the country as a whole.


This is how it all started
Sep 2006, New Mills House





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