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Manufacture of tobacco products, Industry Analysis, Bulgaria, 2017

The Manufacture of tobacco products industry in Bulgaria was represented by 12 companies at the end of 2017, compared to 14 in the previous year and 19 in 2015.

The industry's net loss amounted to BGN 16,446,000 in 2017.

The industry's total revenue was BGN 693,646,000 in 2017, down by 10.23% compared to the previous year.

The combined costs of the companies in the Manufacture of tobacco products industry reached BGN 708,845,000 in 2017, down by 7.99% year-on-year.

The industry's total revenue makes up 0.80% to the country's Gross domestic product (GDP) in 2017, compared to 0.92% for 2016 and 1.10% in 2015.

A total of 2,020 people were employed in the Manufacture of tobacco products industry in 2017, compared to 2,364 in 2016 and 2,972 in 2015.

Most of the companies in the industry are based in Sofia, followed by Radinovo and Blagoevgrad.

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