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Manufacture of tobacco products, Industry Analysis, Bulgaria, 2016

The Manufacture of tobacco products industry in Bulgaria was represented by 14 companies at the end of 2016, compared to 19 in the previous year and 19 in 2014.

The industry's net loss amounted to BGN 285,000 in 2016.

The industry's total revenue was BGN 772,683,000 in 2016, down by 12.68% compared to the previous year.

The combined costs of the companies in the Manufacture of tobacco products industry reached BGN 770,394,000 in 2016, down by 10.08% year-on-year.

The industry's total revenue makes up 0.92% to the country's Gross domestic product (GDP) in 2016, compared to 1.10% for 2015 and 1.18% in 2014.

A total of 2,364 people were employed in the Manufacture of tobacco products industry in 2016, compared to 2,972 in 2015 and 3,140 in 2014.

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

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