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Companies in Bulgaria to reduce investments 7.4%

Staff Writer |
In March 2017, National statistical institute of Bulgaria carried out the regular business survey of investment activity among industrial enterprises.

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That provides information about both the investments made by them in 2016 and their investment plans in this year.

According to the survey data, in 2016 the expenditures for acquiring fixed tangible and intangible assets in industry are by 1.6% less in comparison with 2015.

The inquiry results of the investment activity shows that the plans of industrial enterprises in 2017 are for a decrease of investments by 7.4% compared to the previous year.

The share of the private sector in the total volume of the expected expenditures for acquiring fixed tangible and intangible assets in this year is 85.5%, as the managers in this sector foresee a decrease of their investments programs by 11.2% in comparison with 2016.

According to the main industrial groupings the industries producing intermediate goods form the greatest share of expected investments in 2017 (44.1%) with an expected increase of 5.9% compared to the previous year.

In the second place in foreseen volume of investments are the energy and water-related industries (with a relative share of 27.2%) which expect an increase (of 9.9%) in comparison with 2016.

The industries producing non-durable goods are next with relative share of 15.4% as the managers’ expectations are for a decrease of the investment programs by 37.0% compared to the previous year. ■


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