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Forestry and logging industry, Industry Analysis, Bulgaria, 2018

The Forestry and logging industry in Bulgaria was represented by 1,588 companies at the end of 2018, compared to 1,613 in the previous year and 1,694 in 2016.

The industry's net profit amounted to BGN 74,195,000 in 2018.

The industry's total revenue was BGN 868,827,000 in 2018, up by 19.33% compared to the previous year.

The combined costs of the companies in the Forestry and logging industry reached BGN 786,665,000 in 2018, up by 17.89% year-on-year.

The industry's total revenue makes up 0.88% to the country's Gross domestic product (GDP) in 2018, compared to 0.76% for 2017 and 0.82% in 2016.

A total of 5,846 people were employed in the Forestry and logging industry in 2018, compared to 5,792 in 2017 and 14,167 in 2016.

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

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