Bulgaria

In-depth country-focused analysis on Bulgaria's economic, political and operational risk environment, complemented by detailed sector insight

Our comprehensive assessment of Bulgaria's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Bulgaria, as well as the latest industry developments that could impact Bulgaria's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Bulgaria before your competitors.

Bulgaria Country Risk

BMI View:

Core Views: Bulgaria's economy will see growth accelerate in light of higher public spending and elevated export growth. However, elevated political risk will dampen fixed investment and household...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Bulgaria Industry Coverage (19)

Autos

BMI View:

Passenger car sales in Bulgaria declined 1.0% y-o-y in the first 11 months of 2013, to 27,256 units. In 2013, we expected private consumption to remain weak on the back of prolonged political...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Commercial Banking

BMI View:

Commercial Banking Sector Indicators Date Total assets Client loans Bond portfolio Other Liabilities and capital Capital Client deposits Other...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Consumer Electronics

BMI View:

BMI View: Despite the short term challenges presented by the weak economic environment we consider the consumer electronics market in Bulgaria to have strong medium-term growth potential....

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Defence & Security

BMI View:

BMI believes that Bulgarian defence spending will reduce to US$796mn in 2014. Nevertheless, this could be the last such decrease prior to a period of rising defence spending. Our assessment sees...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Food & Drink

BMI View:

BMI View: Among the positive indicators, retail sales growth reached 4.4% and 4.9% y-o-y in July and August 2013 respectively. This follows a sustained improvement in consumer confidence readings...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Freight Transport

BMI View:

BMI View: Political instability in Bulgaria will continue to stifle private consumption and investment, weighing on headline growth through 2014 and proving detrimental to the country ' s freight...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Information Technology

BMI View:

BMI View: T he Bulgarian IT market is one of the least developed in Europe, with relatively low penetration of hardware among consumers and enterprises. It also trails many of its regional peers in...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Infrastructure

BMI View:

BMI View: Our estimate for a construction industry contraction in Bulgaria in 2013 aligns with official data published for the first nine months of the year of -2.8% real growth. The industry'...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Insurance

BMI View:

BMI View: Bulgaria's insurance sector is underdeveloped by virtually all metrics. It will remain so through the 2013-18 forecast period. Most of the challenges that confront insurance companies in...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Medical Devices

BMI View:

Espicom Industry View : Bulgari a represents one of the small est medical device markets in the EU, at US$22 5.9 mn in 2013. Per capita spending is low at US$ 31 , indicating considerable...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Mining

BMI View:

BMI View: We forecast Bulgaria's mining sector will remain a relatively small mineral producer in Eastern Europe focusing primarily on supplying domestic industry. This will result in minimal...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Oil & Gas

BMI View:

BMI View: The Bulgarian business environment remains challenging , suffering from high levels of corruption and inefficiency , while a moratorium on hydraulic fracturing remains in place ....

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Petrochemicals

BMI View:

BMI View: The short-term outlook for the Bulgarian petrochemicals industry will depend on the performance of external markets with Germany likely to be crucial to growth . However, in the long-...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Pharmaceuticals & Healthcare

BMI View:

BMI View: Plans to raise health insurance premiums are a stop-gap measure to revive Bulgaria's underfunded healthcare system, and we believe that more drastic measures will be needed over the...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Real Estate

BMI View:

BMI View: Bulgaria's commercial real estate market is showing signs of life in 2014, with the latest industry indicators pointing to an uptick in demand and rental activity across the retail...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Retail

BMI View:

BMI View: We forecast only modest growth in Bulgarian household spending to 2018. Although Bulgaria's fairly immature retail market provides plenty of room for 'catch up' growth, a lacklustre...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Shipping

BMI View:

Political Deadlock Holds Back Growth BMI is maintaining its low estimate of Bulgaria's 2013 GDP growth at 0.5%, while we have very marginally edged up the growth forecast for this year to 1.6% (...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Telecommunications

BMI View:

BMI View: T h e picture for the development of the telecoms markets in Bulgaria continues to be mixed . The mobile market has benefited from the investment of Telenor, which should spur...

Read more
To read full BMI view LOGIN or REGISTER for FREE!

Tourism

BMI View:

BMI View: We believe that the low cost of land and lack of luxury accommodation make for a good investment environment for international hoteliers and this is likely to encourage further...

Read more
To read full BMI view LOGIN or REGISTER for FREE!