In this article, treatment and disposal alternatives of olive oil mill wastes and technical requirements for their management are covered. Waste characteristics, treatment options with regard to the economic feasibility, and challenges of existing waste disposal practices in olive growing countries are mentioned. Attention is drawn to present-day techniques of waste management. The search concerning the environmentally acceptable, economically feasible, and practically applicable methods of disposal of olive oil mill wastes is referred. In the management schemes, compliance with environmental regulations and economic and social benefits of the olive oil production are the goals that must be simultaneously achieved.