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Manufacture of electrical equipment, Industry Analysis, Bulgaria, 2016

The Manufacture of electrical equipment industry in Bulgaria was represented by 518 companies at the end of 2016, compared to 498 in the previous year and 512 in 2014.

The industry's net profit amounted to BGN 143,626,000 in 2016.

The industry's total revenue was BGN 3,158,583,000 in 2016, up by 8.75% compared to the previous year.

The combined costs of the companies in the Manufacture of electrical equipment industry reached BGN 2,997,339,000 in 2016, up by 9.14% year-on-year.

The industry's total revenue makes up 3.76% to the country's Gross domestic product (GDP) in 2016, compared to 3.60% for 2015 and 3.31% in 2014.

A total of 22,726 people were employed in the Manufacture of electrical equipment industry in 2016, compared to 21,096 in 2015 and 20,590 in 2014.

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

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