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Austria’s Borealis to buy plastic bag recycler in Bulgaria
Integra Plastics operates a recycling plant near Sofia built by sunflower oil producer Oliva as a unique facility in the region
The week: Brace, the rotation is coming
The Suddenly-important Ministry, More Russian spies pop up, and Meta buys a company
Largest food and beverage producers in Bulgaria: Sunflower stars emerge
Loads of different players from the beer, meat, sunflower and sweets sectors make up the top 50 ranking
Bulgarian agriculture sector posts hefty profits in 2022
The war in Ukraine propelled global prices higher and Bulgarian companies benefited from the rise
Bulgaria’s Oliva to build a 100-million-euro grain port terminal near Varna
The European Investment Bank providing 50 million euro for the project, due to be completed by mid-2026
Oliva leads the food and beverage sector
In 2021 food and beverage manufacturers reached their pre-Covid business levels. This year, it’s inflation that is upsetting the market
The biggest agricultural companies: Grain goes to space
Traders and producers of wheat, corn, sunflower grow revenue more than 54%
The war for sunflower oil and Bulgaria’s role in the market
In Bulgaria, the sunflower oil business was worth close to 1.5 bln levs (767 million euro) last year
Food and beverage Top 30: Sunflower Billions
The sector as a whole performs well, but the champion is sunflower oil production
Gradus’ shares, the Sofia stock exchange, and pension funds
According to the Sofia-listed company’s prospectus for its 2018 IPO, revenues were much higher in 2017 than in any of the following three years. Seven pension funds are shareholders to this day.
Most Dynamic: Grain, Manufacturing, Road Construction
The revenues of the 50 fastest growing companies increased by an average of 56% in 2019, with the largest companies growing particularly fast.
Ten years later: From bust to boom
Ten years ago, business collapsed as a result of the global financial crisis; survivors now enter into a new hard season By Tedy Vasileva
The last strong year
The revenues and profits of the largest companies in Bulgaria increased rapidly last year but the Covid-19 crisis has put an end to a decade of growth
Bulgaria’s new factories
Investment projects worth 1.3 billion levs were announced last year, up 500 million levs on 2018
TOP 30 in food and beverages: A little richer menu
Most producers had a strong year but reported no record jumps
Top 20 in agriculture: Good prices and a good crop
The grain business thrived, as the good harvest and higher prices brought in more revenue.
Food and Beverages: Lower Revenues amid Falling Commodity Prices
Even though just three of the companies in the ranking worked at a loss, the average profitability slightly deteriorated