Reka, the Turkish edible oil firm, is looking to expand production and has received financial backing from the European Bank for Reconstruction and Development (EBRD).
The company is loaning EUR45m (US$14.8m) from the EBRD, which will be used for new equipment to boost production, as well as refinance loans.
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Reka, set up in 2010, has a plant in the north-eastern province of Tekirdag. It has the largest integrated oilseed processing capacity in the country, the EBRD said.
Murat Reka, the company's managing partner, said: "The EBRD is the right partner for us to achieve our future goals and this cooperation will bring us new opportunities."
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