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Forestry and logging industry, Industry Analysis, Bulgaria, 2017

The Forestry and logging industry in Bulgaria was represented by 1,613 companies at the end of 2017, compared to 1,694 in the previous year and 1,707 in 2015.

The industry's net profit amounted to BGN 55,188,000 in 2017.

The industry's total revenue was BGN 728,086,000 in 2017, down by 3.69% compared to the previous year.

The combined costs of the companies in the Forestry and logging industry reached BGN 667,285,000 in 2017, down by 3.61% year-on-year.

The industry's total revenue makes up 0.84% to the country's Gross domestic product (GDP) in 2017, compared to 0.90% for 2016 and 0.91% in 2015.

A total of 5,792 people were employed in the Forestry and logging industry in 2017, compared to 14,167 in 2016 and 21,699 in 2015.

Most of the companies in the industry are based in Sofia, followed by Chepelare and Kyustendil.

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