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Manufacture of tobacco products, Industry Analysis, Bulgaria, 2018

The Manufacture of tobacco products industry in Bulgaria was represented by 12 companies at the end of 2018, compared to 12 in the previous year and 14 in 2016.

The industry's net profit amounted to BGN 11,041,000 in 2018.

The industry's total revenue was BGN 507,577,000 in 2018, down by 26.82% compared to the previous year.

The combined costs of the companies in the Manufacture of tobacco products industry reached BGN 494,356,000 in 2018, down by 30.26% year-on-year.

The industry's total revenue makes up 0.51% to the country's Gross domestic product (GDP) in 2018, compared to 0.72% for 2017 and 0.83% in 2016.

A total of 1,604 people were employed in the Manufacture of tobacco products industry in 2018, compared to 2,020 in 2017 and 2,364 in 2016.

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

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