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Mining of coal and lignite, Industry Analysis, Bulgaria, 2016

The Mining of coal and lignite industry in Bulgaria was represented by 25 companies at the end of 2016, compared to 25 in the previous year and 29 in 2014.

The industry's net profit amounted to BGN 19,376,000 in 2016.

The industry's total revenue was BGN 1,249,517,000 in 2016, down by 11.18% compared to the previous year.

The combined costs of the companies in the Mining of coal and lignite industry reached BGN 1,229,648,000 in 2016, down by 6.70% year-on-year.

The industry's total revenue makes up 1.49% to the country's Gross domestic product (GDP) in 2016, compared to 1.74% for 2015 and 1.54% in 2014.

A total of 18,035 people were employed in the Mining of coal and lignite industry in 2016, compared to 19,274 in 2015 and 18,674 in 2014.

Most of the companies in the industry are based in Simitli, followed by Sofia and Bobov Dol.

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