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Food and beverage service activities, Industry Analysis, Bulgaria, 2016

The Food and beverage service activities industry in Bulgaria was represented by 22,521 companies at the end of 2016, compared to 22,402 in the previous year and 22,213 in 2014.

The industry's net profit amounted to BGN 96,477,000 in 2016.

The industry's total revenue was BGN 2,661,784,000 in 2016, up by 9.92% compared to the previous year.

The combined costs of the companies in the Food and beverage service activities industry reached BGN 2,549,588,000 in 2016, up by 7.99% year-on-year.

The industry's total revenue makes up 2.87% to the country's Gross domestic product (GDP) in 2016, compared to 2.71% for 2015 and 2.55% in 2014.

A total of 75,706 people were employed in the Food and beverage service activities industry in 2016, compared to 77,704 in 2015 and 72,532 in 2014.

Most of the companies in the industry are based in Sofia, followed by Varna and Plovdiv.

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