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Forestry and logging, Industry Analysis, Bulgaria, 2016

The Forestry and logging industry in Bulgaria was represented by 1,694 companies at the end of 2016, compared to 1,707 in the previous year and 1,700 in 2014. The industry's net profit amounted to BGN 57,319,000 in 2016.

The industry's total revenue was BGN 755,947,000 in 2016, up by 2.91% compared to the previous year. The combined costs of the companies in the Forestry and logging industry reached BGN 692,244,000 in 2016, up by 1.77% year-on-year.

The industry's total revenue makes up 0.9% to the country's Gross domestic product (GDP) in 2016, compared to 0.91% for 2015 and 0.86% in 2014.

A total of 14,167 people were employed in the Forestry and logging industry in 2016, compared to 21,699 in 2015 and 14,040 in 2014. Most of the companies in the industry are based in Sofia, followed by Chepelare and Kyustendil.

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