Last year brought a surge in output and prices
Four leading Bulgarian economists highlight the most significant trends of 2023.
The revenue growth of the top 30 companies in the sector slowed to 22% in 2022
In 2022, the combined revenue of the top 25 companies in the sector increased by 19%.
This will open up a new niche and market for the sector, which is currently feeling insecure and still risks damage from controversial European regulations
The revenue of the top 70 manufacturers rose by 26% to over 15 billion levs in 2022
The output of the Plovdiv-based facility will double, now that the entire program has been transferred from the Czech Republic
Austria’s GG Group, Netherlands-based Nedschroef Holding and Germany’s Sulzer are launching operations in Bulgaria
The Ukraine war has pushed the turnover of the companies in the K100 ranking to BGN 132 billion, or 60% up on the year before
The company will invest 10 million levs in a new plant and add circuit board assembly to its line of business
KInsights’ guide to the top concerts and festivals in Bulgaria in the coming 3 months
The company invested 30 million levs in the last stage of the project in Kostinbrod
The Israeli company is closing its factory in Ruse over workforce shortage and high electricity costs
A moderate recovery, but without strong optimism among the major players in the sector
Francofolies is coming to the city under the hills, and the organizer Fest team is targeting family events and solo concerts
In 2021 food and beverage manufacturers reached their pre-Covid business levels. This year, it’s inflation that is upsetting the market