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Scientific research and development, Industry Analysis, Bulgaria, 2017

The Scientific research and development industry in Bulgaria was represented by 455 companies at the end of 2017, compared to 456 in the previous year and 406 in 2015.

The industry's net profit amounted to BGN 27,278,000 in 2017.

The industry's total revenue was BGN 298,462,000 in 2017, down by 4.57% compared to the previous year.

The combined costs of the companies in the Scientific research and development industry reached BGN 266,962,000 in 2017, up by 15.58% year-on-year.

The industry's total revenue makes up 0.34% to the country's Gross domestic product (GDP) in 2017, compared to 0.37% for 2016 and 0.67% in 2015.

A total of 3,039 people were employed in the Scientific research and development industry in 2017, compared to 2,819 in 2016 and 2,977 in 2015.

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

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