Less Sales for Over 34% of the Companies in Bulgaria Due to the Coronavirus

Business | August 25, 2020, Tuesday // 18:37
Bulgaria: Less Sales for Over 34% of the Companies in Bulgaria Due to the Coronavirus pixabay.com

34.7% of enterprises had a decrease in revenues from sales of goods or services in July compared to June. This is shown by NSI data from a business survey among non-financial corporations. 46.5% indicated that there was no change in sales revenue, and for 18.4% there was an increase.

44.6% of the companies in economic activities "Culture, sports and entertainment, repair of household goods and other activities" have registered a decrease in revenues from sales of goods or services. For industry this relative share is 37.6%, and for the activities "Trade, transport and restaurants" and "Construction" - respectively 32.8%.

In terms of hired staff, 23.4% of non-financial corporations have taken steps to use "paid leave", followed by "unpaid leave" - ​​12.7%, and "distance work" - 10.7%. 7.9% of the enterprises participating in the survey dismissed / laid off employees.

For the next month 93.4% of the surveyed non-financial enterprises forecast that they will continue their current activity, 3.4% - that they will temporarily suspend their activity, and 1.4% - that they will cease their activity.

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Tags: sales, company, Bulgaria
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