Entrepreneurs in Bulgaria expect to report a decrease in investments by 10.4% in 2014 as compared to 2013, according to a business inquiry of the National Statistical Institute (NSI) carried out among industrial enterprises in October 2014.

Energy and water-related industries account for the biggest relative share of planned investments in 2014 (41.7%), followed by industries producing intermediate goods (31.1%) and industries producing non-durable goods (16.2%).

Forecasts about 2015 included a 28.2% decrease in industry investments on an annual basis.

Apart from that, around 38% of the enterprises do not plan to spend any resources on the acquisition of fixed assets in 2015.

As regards the structure of investments, energy and water-related industries have the biggest relative share yet again, at 42.0%, followed by industries producing intermediate goods and industries producing non-durable goods with 29.5% and 16.1%, respectively.

In 2015, investments in increasing production capacity are expected to make up 31.3% of the total amount of investments in industry, followed by investments in the mechanization or automatization of existing production processes and the introduction of new technologies, at 29.8%, investments in replacingworn-out equipment, at 25.8%, and investments in environmental protection, safety measures, etc. - at 13.1%.

The influence of factors such as "demand for production", "financial resources or expected profits" and "technical factors" in 2015 is mostly estimated by managers as "stimulating" or "very stimulating."

As regards the group of “other factors”, which includes the policy of public institutions on issues such as taxation and the conditions for export of goods, etc., 23.4% anticipate a “stimulating” influence, while 38.7% abstain from an assessment, and 22.7% of those polled say they have no impact at all.

Entrepreneurs in Bulgaria expect to report a decrease in investments by 10.4% in 2014 as compared to 2013, according to a business inquiry of the National Statistical Institute (NSI) carried out among industrial enterprises in October 2014.

Energy and water-related industries account for the biggest relative share of planned investments in 2014 (41.7%), followed by industries producing intermediate goods (31.1%) and industries producing non-durable goods (16.2%).

Forecasts about 2015 included a 28.2% decrease in industry investments on an annual basis.

Apart from that, around 38% of the enterprises do not plan to spend any resources on the acquisition of fixed assets in 2015.

As regards the structure of investments, energy and water-related industries have the biggest relative share yet again, at 42.0%, followed by industries producing intermediate goods and industries producing non-durable goods with 29.5% and 16.1%, respectively.

In 2015, investments in increasing production capacity are expected to make up 31.3% of the total amount of investments in industry, followed by investments in the mechanization or automatization of existing production processes and the introduction of new technologies, at 29.8%, investments in replacing worn-out equipment, at 25.8%, and investments in environmental protection, safety measures, etc. - at 13.1%.

The influence of factors such as "demand for production", "financial resources or expected profits" and "technical factors" in 2015 is mostly estimated by managers as "stimulating" or "very stimulating."

As regards the group of “other factors”, which includes the policy of public institutions on issues such as taxation and the conditions for export of goods, etc., 23.4% anticipate a “stimulating” influence, while 38.7% abstain from an assessment, and 22.7% of those polled say they have no impact at all.

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