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Industrial cooldown, slower business growth and less VAT collected: 2023 at a glance
Global events hit the financial performance of public companies, shrink factory production and effectively cut down state revenue
Bulgaria’s new factories in 2023: Part I (The South)
The value of the 15 biggest projects in the industrial sector reached BGN 4.4 bln in 2023
Machines and equipment: Growth in high gear
The revenue of the top 70 manufacturers rose by 26% to over 15 billion levs in 2022
Largest employers: IT and arms industry booming despite workforce shortage
With a staff of more than 230,000 in total, the 100 biggest companies employ one in ten workers in Bulgaria
Festo’s Sofia plant to focus on complex devices, non-electronic products’ manufacture to move to Turkey
The German company will invest 15 million euro in the transformation of its business in Bulgaria
The week: Borissov arrested, Central Bank chairmanship tears the coalition, Resilience Plan still not ok
Former PM Borissov arrested, Guerilla war over BNB shakes the coalition and the Plan is still NOT alright
Machines and equipment: Pre-crisis growth
Capacity expansion boosted Bulgarian companies’ revenues last year but the slump in global automotive production will hit 2020 results
Machines and Equipment: Breaking New Records
Ideal Standard’s businesses in Sevlievo are focusing on growth after being acquired by Anchorage Capital earlier this year.
The most profitable in 2017: Weapons, gambling, medicines
The group of manufacturing companies with double-digit margins is the largest
In the fast lane: fuels, metals, manufacturing
The business of the 50 fastest-growing companies expands by 47% on average in 2017.
Machines and Equipment: the Engine of the Economy
The sector keeps growing, companies increase profits and staff
Automotive part manufacturers growing, mulling further investments
Bulgaria remains a cheap location for new enterprises but staff shortage becomes a problem