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Manufacture of electrical equipment, Industry Analysis, Bulgaria, 2018

The Manufacture of electrical equipment industry in Bulgaria was represented by 538 companies at the end of 2018, compared to 538 in the previous year and 518 in 2016.

The industry's net profit amounted to BGN 145,189,000 in 2018.

The industry's total revenue was BGN 3,892,903,000 in 2018, up by 8.62% compared to the previous year.

The combined costs of the companies in the Manufacture of electrical equipment industry reached BGN 3,730,676,000 in 2018, up by 9.42% year-on-year.

The industry's total revenue makes up 3.93% to the country's Gross domestic product (GDP) in 2018, compared to 3.73% for 2017 and 3.41% in 2016.

A total of 24,331 people were employed in the Manufacture of electrical equipment industry in 2018, compared to 21,947 in 2017 and 22,726 in 2016.

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

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