The olive oil producer La Salud confirms a conditional order to OptiCept
OptiCept Technologies AB (publ) (ticker: OPTI) announces that La Salud has confirmed approved support from the European Union to invest in the oliveCEPT® technology. In April 2024, OptiCept announced an order of 270,000 Euro that was conditional on La Salud receiving funding. Installation is therefore planned for the turn of September/October.
The olive oil producer La Salud has confirmed a conditional order for oliveCEPT® units, which depended on La Salud receiving financial support from the European Union under the European Agricultural Fund for Rural Development to invest in the technology. A total of two units will be installed, with a total order value of 270,000 euros. The producer is based in Cordoba, Andalusia, the center of the world's olive oil production.
"We are very pleased to announce that La Salud has confirmed support from the European Union. With the olive oil industry's two tough seasons behind it, the European support comes at the right time ahead of the upcoming season. The industry has long struggled with outdated technology, and we now look forward to the coming season with confidence," says Thomas Lundqvist, CEO of OptiCept Technologies.