Rekotub EOOD was established in 2012. in order to realize the patented technology for innovative , waste- free recycling of used residues of liquid oils - plastic packaging. It applied for and was approved for co-financing under the Operational Program "Development of the Competitiveness of the Bulgarian Economy 2007-2013".

Priority GA1 "Development of the economy based on knowledge and innovation activities."

Operation 1.1.1 "Support for the creation and development of start-up innovative enterprises."

The company is building a recycling plant in the village of Sheynovo near Kazanlak, where it has a plot of 5600 square meters with production buildings of 2000 square meters.