Industrial companies in Bulgaria plan 27% rise in investment in 2013.

By bne IntelliNews November 19, 2012
Industrial sector companies plan increased investment activity in 2013, according to the latest business inquiry of the statistics office. The overall sentiment is positive and marks improvement compared to the past two years. When compared to 2012, total investment in the sector is seen to grow by 27% next year. Sector breakdown shows that the companies in the utility sector have a leading position in terms of projected investment volume. Only some 25% of the planned investments next year will be allocated to expansion of production capacity, which is in line with latest industrial sector statistics that point to a drop in output. The results of the latest inquiry also show considerably deteriorated expectations about growth of investment in 2012 from the previous survey. Industrial enterprises expect only 4.3% more investments in 2012 against 17.5% growth seen in the April survey.
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