Sun, Nov 22 2009

Industrial investment on par with 2007 - NSI

Fri, Apr 18 2008 17:48 CET byElena Koinova 185 Views

The investment purse of industrial enterprises in Bulgaria is set to be on a par with 2007, a business poll carried out at the request of the National Statistics Institute (NSI) reveals.

According to the poll, the nominal year-on-year increase of investments this year will be 1.4 per cent.

Private industrial players account for the largest chunk of investments, a total of 78.7 per cent. Nonetheless, they are about to invest by 3.5 per cent less than in 2007, whereas state investments are set to increase by 24.6 per cent.

Energy and water sectors are set to draw the largest share of investments (38.8 per cent) and the increase compared to the year before is at 19.6 per cent.

Owners of component goods enterprises, in turn, plan to curtail investments by 4.8 per cent and account for 36.2 per cent of total investments for the year.

The food and beverage sector is set to attract 12 per cent of total investments this year and the investment goods sectors 5.8 per cent.

Write comment

Name:Comment:

Generate new code
Send your comment

More in this category

Bulgarian MPs resurrect proposal to raise spirits excise

Strong public opposition to price hikes prompted Prime Minister Boiko Borissov to axe the Finance Ministry proposal to increase the excise duty on spirits, but MPs have put it back on the agenda.

Back to the future

Bulgaria’s Cabinet seeks to reverse recent changes in the telecommunications sector

At a crossroads, again

Kremikovtzi’s prospects for a recovery plan appear increasingly distant

Cash or card?

Bulgarians are getting the hang of debit and credit cards, MasterCard says

Bulgarian telecom Spectrum Net acquires local peer Orbitel

The two telecoms, both set up to challenge former fixed-line state monopoly BTC, will merge operations and expect to report 20 million euro in revenue and a gross profit of five million euro in 2010.

© 2000-2009, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.