Industry Report Manufacture of Food Products 2015 BULGARIA

Industry Report Manufacture of food products 2015 BULGARIA

seenews.com/reports

This industry report is part of your subcription access to SeeNews | seenews.com/subscription CONTENTS

I. KEY INDICATORS

II. INTRODUCTION

III. REVENUES

IV. EXPENSES

V. PROFITABILITY

VI. EMPLOYMENT 1 SeeNews Industry Report

NUMBER OF COMPANIES IN MANUFACTURE OF FOOD PRODUCTS I. KEY INDICATORS INDUSTRY BY SECTORS SECTOR 2015 2014 2013 The Manufacture of food products industry in Bulgaria was MANUFACTURE OF BREAD; MANUFACTURE OF 2,862 2,822 2,385 represented by 5,394 companies at the end of 2015, FRESH PASTRY GOODS AND CAKES compared to 5,225 in the previous year and 4,645 in 2013. MANUFACTURE OF OTHER FOOD PRODUCTS 401 369 331 N.E.C. The industry's net profit amounted to BGN 399,118,000 in OTHER PROCESSING AND PRESERVING OF 339 321 304 2015. FRUIT AND VEGETABLES OPERATION OF DAIRIES AND CHEESE MAKING 275 261 251 The industry's total revenue was BGN 8,820,905,000 in PRODUCTION OF MEAT AND POULTRY MEAT 219 218 204 PRODUCTS 2015, up by 6.42% compared to the previous year. PROCESSING AND PRESERVING OF MEAT 182 179 165

MANUFACTURE OF RUSKS AND BISCUITS; 165 151 139 The combined costs of the companies in the Manufacture MANUFACTURE OF PRESERVED PASTRY of food products industry reached BGN 8,370,745,000 in GOODS AND CAKES 2015, up by 6.16% year-on-year. MANUFACTURE OF COCOA, CHOCOLATE AND 156 146 129 SUGAR CONFECTIONERY The industry's total revenue makes up 10.93% to the MANUFACTURE OF GRAIN MILL PRODUCTS 126 124 128 country's Gross domestic product (GDP) in 2015, compared PROCESSING AND PRESERVING OF POULTRY 100 98 98 to 10.64% for 2014 and 10.66% in 2013. MEAT MANUFACTURE OF PREPARED FEEDS FOR 98 93 99 A total of 79,725 people were employed in the Manufacture FARM ANIMALS of food products industry in 2015, compared to 75,203 in MANUFACTURE OF OILS AND FATS 86 84 78 2014 and 82,133 in 2013. MANUFACTURE OF PREPARED MEALS AND 73 62 64 DISHES

MANUFACTURE OF CONDIMENTS AND 56 55 51 Most of the companies in the industry are based in Sofia, SEASONINGS followed by Plovdiv and Varna. PROCESSING OF TEA AND COFFEE 44 41 36 PROCESSING AND PRESERVING OF FISH, 44 44 38 CRUSTACEANS AND MOLLUSCS II. INTRODUCTION MANUFACTURE OF ICE CREAM 42 41 39 MANUFACTURE OF MACARONI, NOODLES, 32 29 33 COUSCOUS AND SIMILAR FARINACEOUS In 2015 the companies in the Manufacture of food products PRODUCTS industry numbered 5,394, distributed in 25 sectors. MANUFACTURE OF FRUIT AND VEGETABLE 31 22 19 JUICE PROCESSING AND PRESERVING OF POTATOES 18 21 17 401 1,298 MANUFACTURE OF HOMOGENISED FOOD 17 16 9 339 PREPARATIONS AND DIETETIC FOOD MANUFACTURE OF PREPARED PET FOODS 17 15 16 MANUFACTURE OF STARCHES AND STARCH 5 5 5 275 PRODUCTS MANUFACTURE OF MARGARINE AND SIMILAR 4 4 3 219 EDIBLE FATS MANUFACTURE OF SUGAR 2 4 4

III. REVENUES

The total revenue in the industry was BGN 8,820,905,000 in 2,862 2015, BGN 8,288,526,000 in 2014 and 8,198,079,000 in 2013.

Manufacture of bread; manufacture of fresh pastry goods and cakes

Manufacture of other food products n.e.c. Other processing and preserving of fruit and vegetables

Operation of dairies and cheese making Production of meat and poultry meat products Others

In 2014 there were a total of 5,225 companies operating in the industry. In 2013 their number totalled 4,645.

2 SeeNews Industry Report

country in 2014. In 2013 the GVA of the Manufacture of food Total revenue products was BGN 6,907,218,000, or 5.11% of the GVA for the Net sales revenue country's economy. 8,820,905,000 9,000,000,000 8,198,079,000 8,288,526,000 GVA BY SECTORS 8,000,000,000 RANK SECTOR BGN SHARE OF THE 8,178,042,000 COUNTRY'S GVA (%) 7,701,376,000 7,000,000,0007,578,929,000 1 MANUFACTURE OF OILS AND FATS 879,576,000 0.57 2 OPERATION OF DAIRIES AND CHEESE 783,750,000 0.51

6,000,000,000 MAKING 3 MANUFACTURE OF BREAD; MANUFACTURE 781,447,000 0.51 OF FRESH PASTRY GOODS AND CAKES 5,000,000,000 4 PRODUCTION OF MEAT AND POULTRY MEAT 690,434,000 0.45 PRODUCTS BGN 4,000,000,000 5 PROCESSING AND PRESERVING OF POULTRY 597,055,000 0.39 MEAT 3,000,000,000 6 PROCESSING AND PRESERVING OF MEAT 582,670,000 0.38 7 OTHER PROCESSING AND PRESERVING OF 549,617,000 0.36 2,000,000,000 FRUIT AND VEGETABLES 8 MANUFACTURE OF GRAIN MILL PRODUCTS 386,430,000 0.25 1,000,000,000 9 MANUFACTURE OF COCOA, CHOCOLATE 349,967,000 0.23 AND SUGAR CONFECTIONERY 0 10 MANUFACTURE OF RUSKS AND BISCUITS; 338,746,000 0.22 2013 2014 2015 MANUFACTURE OF PRESERVED PASTRY GOODS AND CAKES 11 MANUFACTURE OF PREPARED FEEDS FOR 323,593,000 0.21 The companies in the Manufacture of food products market FARM ANIMALS of Bulgaria earned combined net sales revenues of BGN 12 MANUFACTURE OF OTHER FOOD PRODUCTS 295,490,000 0.19 N.E.C. 8,178,042,000 in 2015. 13 MANUFACTURE OF STARCHES AND STARCH 291,263,000 0.19 PRODUCTS In annual terms, sales marked an increase of 6.19% compared 14 PROCESSING AND PRESERVING OF FISH, 104,152,000 0.07 to 2014. In comparison to 2013 they grew by 7.90%. In 2014 CRUSTACEANS AND MOLLUSCS sales went up by 1.62% year-on-year. 15 MANUFACTURE OF PREPARED MEALS AND 102,871,000 0.07 DISHES The Manufacture of food products industry total revenue 16 MANUFACTURE OF SUGAR 71,390,000 0.05 make up 10.93% to the country's GDP in 2015, compared to 17 MANUFACTURE OF CONDIMENTS AND 70,582,000 0.05 10.64% for 2014 and 10.66% in 2013. SEASONINGS 18 PROCESSING OF TEA AND COFFEE 68,291,000 0.04 19 MANUFACTURE OF FRUIT AND VEGETABLE 47,835,000 0.03 Share in GDP 10.93% JUICE 10.66%11 10.64% 20 MANUFACTURE OF PREPARED PET FOODS 43,835,000 0.03 21 MANUFACTURE OF ICE CREAM 40,788,000 0.03 10 22 MANUFACTURE OF HOMOGENISED FOOD 18,054,000 0.01 PREPARATIONS AND DIETETIC FOOD 9 23 MANUFACTURE OF MARGARINE AND 14,785,000 0.01 SIMILAR EDIBLE FATS 8 24 MANUFACTURE OF MACARONI, NOODLES, 10,256,000 0.01 COUSCOUS AND SIMILAR FARINACEOUS 7 PRODUCTS 25 PROCESSING AND PRESERVING OF 10,063,000 0.01 6 POTATOES

4 We expect, based on the trend in the last three years, the total revenue of the Manufacture of food products industry to 3 change at a compound annual growth rate (CAGR) of 3.73% in 2016. 2

1 NET SALES REVENUE BY SECTORS RANK SECTOR NET SALES REVENUE (BGN) 0 1 MANUFACTURE OF OILS AND FATS 1,082,087,000 2013 2014 2015 2 MANUFACTURE OF BREAD; MANUFACTURE OF FRESH 859,206,000 PASTRY GOODS AND CAKES

3 OPERATION OF DAIRIES AND CHEESE MAKING 809,537,000 In 2015 the Manufacture of food products industry 4 PRODUCTION OF MEAT AND POULTRY MEAT 739,651,000 contributed to GDP BGN 7,452,940,000 in Gross value added PRODUCTS (GVA) accounting for 4.82% of the total for the country's 5 PROCESSING AND PRESERVING OF MEAT 638,048,000 economy. 6 PROCESSING AND PRESERVING OF POULTRY MEAT 630,080,000 7 OTHER PROCESSING AND PRESERVING OF FRUIT AND 568,985,000 In the previous year, the industry's GVA amounted BGN VEGETABLES 7,066,190,000, accounting for 4.92% of the total for the 3 SeeNews Industry Report

8 MANUFACTURE OF COCOA, CHOCOLATE AND SUGAR 441,473,000 CONFECTIONERY TOP COMPANIES' REVENUE BY SECTORS 9 MANUFACTURE OF GRAIN MILL PRODUCTS 430,235,000 SEGMENT COMPANY TOTAL REVENUE NET SALES (BGN) REVENUE (BGN) 10 MANUFACTURE OF PREPARED FEEDS FOR FARM 347,857,000 ANIMALS MANUFACTURE OF HOMOGENISED FOOD PREPARATIONS AND DIETETIC FOOD 11 MANUFACTURE OF RUSKS AND BISCUITS; 347,520,000 GANCHEV OOD 11,717,000 10,053,000 MANUFACTURE OF PRESERVED PASTRY GOODS AND SLANTCHO AD 4,856,000 4,612,000 CAKES VIVETA OOD 2,804,000 2,765,000 12 MANUFACTURE OF OTHER FOOD PRODUCTS N.E.C. 345,483,000 MANUFACTURE OF PREPARED MEALS AND DISHES 13 MANUFACTURE OF STARCHES AND STARCH 297,764,000 PALIRRIA BULGARIA AD 44,741,000 39,727,000 PRODUCTS KENAR OOD 21,184,000 20,533,000 14 MANUFACTURE OF PREPARED MEALS AND DISHES 116,656,000 FIESTA 13 OOD 13,213,000 12,184,000 15 PROCESSING AND PRESERVING OF FISH, 107,371,000 CRUSTACEANS AND MOLLUSCS MANUFACTURE OF CONDIMENTS AND SEASONINGS 16 MANUFACTURE OF CONDIMENTS AND SEASONINGS 79,566,000 GERMAN BULGARIAN BUSINESS GROUP 17,417,000 16,786,000 OOD 17 PROCESSING OF TEA AND COFFEE 74,177,000 KONSUL OOD 16,421,000 16,253,000 18 MANUFACTURE OF SUGAR 55,534,000 RIGANA AD 8,417,000 4,273,000 19 MANUFACTURE OF PREPARED PET FOODS 55,442,000 PROCESSING OF TEA AND COFFEE 20 MANUFACTURE OF FRUIT AND VEGETABLE JUICE 45,722,000 BALKAM GROUP OOD 19,885,000 16,062,000 21 MANUFACTURE OF ICE CREAM 45,147,000 BIANCHI KAFE OOD 16,173,000 15,678,000 22 MANUFACTURE OF HOMOGENISED FOOD 20,626,000 PREPARATIONS AND DIETETIC FOOD BIOPROGRAMME AD 9,805,000 9,521,000 23 PROCESSING AND PRESERVING OF POTATOES 14,765,000 MANUFACTURE OF COCOA, CHOCOLATE AND SUGAR CONFECTIONERY 24 MANUFACTURE OF MARGARINE AND SIMILAR EDIBLE 14,516,000 NESTLE BULGARIA AD 305,269,000 302,541,000 FATS MONDELEZ BULGARIA PRODUCTION OOD 31,357,000 24,539,000 25 MANUFACTURE OF MACARONI, NOODLES, 10,594,000 KRONOS AD 20,749,000 19,675,000 COUSCOUS AND SIMILAR FARINACEOUS PRODUCTS MANUFACTURE OF SUGAR ZAHAR AD 78,398,000 55,534,000 BULGARSKA ZAHAR AD 6,000 0 MANUFACTURE OF OTHER FOOD PRODUCTS N.E.C. KENDY OOD 37,362,000 36,195,000 INDUSTRY'S NET SALES REVENUE STRUCTURE BY SECTORS 9.90% SUNOPTA FOODS BULGARIA OOD 29,381,000 28,977,000 9.04% PURATOS BULGARIA AD 16,935,000 15,834,000 OPERATION OF DAIRIES AND CHEESE MAKING 10.51% OBEDINENA MLECHNA KOMPANIA AD 73,634,000 71,789,000 TYRBUL AD 61,729,000 60,740,000 MEGGLE BULGARIA OOD 44,199,000 41,228,000 13.23% MANUFACTURE OF ICE CREAM 7.80% IZIDA OOD 10,568,000 10,185,000 SLADOLEDENA FABRIKA OOD 9,952,000 9,904,000 DARKO EAD 6,632,000 6,122,000 MANUFACTURE OF RUSKS AND BISCUITS; MANUFACTURE OF PRESERVED PASTRY GOODS AND CAKES PRESTIGE-96 AD 62,913,000 62,354,000 ZAHARNI IZDELIA VARNA OOD 60,647,000 59,147,000 ITAL FOOD 37,063,000 34,633,000 MANUFACTURE OF MACARONI, NOODLES, COUSCOUS AND SIMILAR FARINACEOUS PRODUCTS SIDI - 92 OOD 2,083,000 1,831,000 49.52% INVEST MELI BG OOD 1,604,000 1,451,000 Manufacture of oils and fats UNI EXPORT-IMPORT EOOD 1,407,000 1,398,000 Manufacture of bread; manufacture of fresh pastry goods and cakes MANUFACTURE OF BREAD; MANUFACTURE OF FRESH PASTRY GOODS AND CAKES Operation of dairies and cheese making CHIPITA BULGARIA AD 166,448,000 161,131,000

Production of meat and poultry meat products SIMID SOFIA OOD 53,905,000 53,096,000 Processing and preserving of meat SAVIMEX OOD 31,506,000 30,828,000 OTHER PROCESSING AND PRESERVING OF FRUIT AND VEGETABLES Others AGRI BULGARIA OOD 40,418,000 39,665,000 The highest growth, of 166.11%, was recorded by Manufacture KUMINYANO FRUT OOD 39,286,000 37,980,000 of prepared pet foods, while Manufacture of macaroni, OLINESA OOD 29,457,000 27,532,000 noodles, couscous and similar farinaceous products MANUFACTURE OF FRUIT AND VEGETABLE JUICE registered the sharpest decline, of 29.27%. PHILICON - 97 AD 27,761,000 25,176,000 BEST FRUITS OOD 11,014,000 9,770,000 KRICHIMFRUCT OOD 7,063,000 7,057,000 PROCESSING AND PRESERVING OF POTATOES BULKARTO OOD 10,304,000 9,951,000 VASILEV & TODOROV OOD 3,851,000 3,698,000 DANI 5001 OOD 394,000 394,000

4 SeeNews Industry Report

PROCESSING AND PRESERVING OF MEAT made up BGN 1,542,703,000, or 18.86% of the total net sales MESOKOMBINAT LOVECH AD 137,949,000 130,115,000 revenue. MESOKOMBINAT RUSE AD 65,919,000 63,189,000 MULTIMES GRUP OOD 32,879,000 29,334,000 TOP 10 BY TOTAL ASSETS IN THE INDUSTRY PROCESSING AND PRESERVING OF POULTRY MEAT RANK COMPANY BGN 1 OLIVA AD 267,943,000 PILKO OOD 222,467,000 197,903,000 2 ZAHAREN KOMBINAT - PLOVDIV AD 260,840,000 GRADUS-1 OOD 75,133,000 66,434,000 3 AMYLUM BULGARIA AD 198,799,000 BREZOVO AD 46,087,000 41,842,000 4 NESTLE BULGARIA AD 154,497,000 PRODUCTION OF MEAT AND POULTRY MEAT PRODUCTS 5 TOPAZ MEL OOD 110,101,000 FERMATA AD 102,301,000 96,666,000 6 CHIPITA BULGARIA AD 100,138,000 KEN AD 49,586,000 49,002,000 7 BISER OLIVA AD 93,371,000 DELIKATES-2 OOD 38,990,000 38,949,000 8 MARITZA OLIO AD 87,047,000 MANUFACTURE OF PREPARED FEEDS FOR FARM ANIMALS 9 ROSA AD 80,451,000 GRADUS-3 AD 67,845,000 66,593,000 10 FERMATA AD 78,197,000 FURAZH ROSITSA AD 66,433,000 66,272,000 BONMIKS OOD 43,495,000 40,396,000 MANUFACTURE OF PREPARED PET FOODS TOP 10 COMPANIES WITH HIGHEST ANNUAL GROWTH IN BON OOD 30,894,000 29,030,000 OPERATING REVENUE IN MANUFACTURE OF FOOD PRODUCTS FURAZHNI HRANI OOD 12,457,000 12,254,000 RANK COMPANY Y/Y GROWTH ILTEX OOD 5,363,000 5,328,000 1 ET NEYCHO GRACHKI 113400.00% MANUFACTURE OF MARGARINE AND SIMILAR EDIBLE FATS 2 ZONA PHARMA OOD 100700.00% PETTAS BULGARIA AD 13,848,000 13,315,000 3 TUNEX OOD 20100.00% MILPAK - 2013 OOD 916,000 879,000 4 OLITRADE OOD 15600.00% DIMITRA OOD 326,000 322,000 5 NYU OYL AD 10700.00% MANUFACTURE OF OILS AND FATS 6 GOLIAMA DOBRUDJANSKA MELNITSA OOD 7355.56% OLIVA AD 383,059,000 377,591,000 7 PROTEIN ZOO GROUP OOD 5800.00% BISER OLIVA AD 92,833,000 83,130,000 8 LILIA MILK OOD 5200.00% ROSA AD 77,743,000 75,035,000 9 LAYF SPRING OOD 4900.00% PROCESSING AND PRESERVING OF FISH, CRUSTACEANS AND MOLLUSCS 10 ADIT KO OOD 4850.00% ALMAR SEAFOOD 19,980,000 19,723,000 DIAVENA OOD 9,374,000 9,031,000 SEVER - EKSPORT OOD 8,958,000 8,115,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE SECTOR MANUFACTURE OF GRAIN MILL PRODUCTS MANUFACTURE OF HOMOGENISED FOOD PREPARATIONS AND TOPAZ MEL OOD 117,270,000 84,841,000 DIETETIC FOOD WERE: GOODMILLS BULGARIA OOD 71,882,000 71,588,000 COMPANY BGN KOOPERACIJA SIMID 1000, COOPERATIVE 43,722,000 36,665,000 GANCHEV OOD 11,717,000 MANUFACTURE OF STARCHES AND STARCH PRODUCTS SLANTCHO AD 4,856,000 AMYLUM BULGARIA AD 294,310,000 292,010,000 VIVETA OOD 2,804,000 G.M. OOD 5,682,000 5,411,000 VERNADA OOD 1,533,000 IVAN IVANOV ELVI 6 OOD 368,000 325,000 ILEA-M OOD 1,193,000 SLIMFOOD OOD 350,000 TIVONI ZDRAVE I KRASOTA OOD 128,000 The top 10 companies in terms of total revenue in ORGANIK KETARING OOD 80,000 Manufacture of food products accounted for 21.54% of the ET ART CATERING-KRASIMIRA KALCHEVA 75,000 industry's total in 2015, 21.43% in 2014 and 22.07% in 2013. SKARPA OOD 57,000

TOP 10 COMPANIES BY TOTAL AND NET SALES REVENUE IN THE INDUSTRY The 10 largest companies in terms of total revenue in sector RANK COMPANY TOTAL REVENUE NET SALE (BGN) REVENUE (BGN) Manufacture of food products earned total revenue of BGN 1 OLIVA AD 383,059,000 377,591,000 22,793,000 and accounted for 0.26% of the industry's total 2 NESTLE BULGARIA AD 305,269,000 302,541,000 revenue. 3 AMYLUM BULGARIA AD 294,310,000 292,010,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY 4 PILKO OOD 222,467,000 197,903,000 MANUFACTURE OF PREPARED MEALS AND DISHES WERE: 5 CHIPITA BULGARIA AD 166,448,000 161,131,000 COMPANY BGN 6 MESOKOMBINAT LOVECH AD 137,949,000 130,115,000 PALIRRIA BULGARIA AD 44,741,000 7 TOPAZ MEL OOD 117,270,000 84,841,000 KENAR OOD 21,184,000 8 FERMATA AD 102,301,000 96,666,000 FIESTA 13 OOD 13,213,000 9 BISER OLIVA AD 92,833,000 83,130,000 DENITO OOD 7,406,000 10 ZAHAR AD 78,398,000 55,534,000 PARTNERS AD 7,218,000 MASTAR - PIK OOD 5,420,000 KOLEV I S-IE - ESKADA SD 3,678,000 The total revenues of the top 10 companies in the BURGER GROUP OOD 2,182,000 Manufacture of food products were 2.35% of GDP in 2015, compared to 2.28% for 2014 and 2.35% in 2013.

The top 10 by assets in the Manufacture of food products field 5 SeeNews Industry Report

Manufacture of food products earned total revenue of BGN PRO-FOOD OOD 1,802,000 411,677,000 and accounted for 4.67% of the industry's total EURO CATERING OOD 1,470,000 revenue.

TOP COMPANIES BY TOTAL REVENUE IN THE INDUSTRY The 10 largest companies in terms of total revenue in sector MANUFACTURE OF SUGAR WERE: Manufacture of food products earned total revenue of BGN COMPANY BGN 108,314,000 and accounted for 1.23% of the industry's total ZAHAR AD 78,398,000 revenue. BULGARSKA ZAHAR AD 6,000

TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY MANUFACTURE OF CONDIMENTS AND SEASONINGS WERE: The largest companies in terms of total revenue in sector COMPANY BGN Manufacture of food products earned total revenue of BGN GERMAN BULGARIAN BUSINESS GROUP OOD 17,417,000 78,404,000 and accounted for 0.89% of the industry's total KONSUL OOD 16,421,000 revenue. RIGANA AD 8,417,000 RIAL BULGARIA OOD 5,392,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE SECTOR ALEX-S 2002 OOD 4,088,000 MANUFACTURE OF OTHER FOOD PRODUCTS N.E.C. WERE: COMPANY BGN VEDA OOD 3,557,000 KENDY OOD 37,362,000 PI-1 OOD 3,354,000 SUNOPTA FOODS BULGARIA OOD 29,381,000 KODAG OOD 3,069,000 PURATOS BULGARIA AD 16,935,000 SALEX GROUP OOD 2,698,000 BIOSET OOD 15,790,000 MIA FOODS 21 OOD 2,266,000 YADKI DETELINA OOD 15,570,000

SI KO OOD 15,480,000

The 10 largest companies in terms of total revenue in sector APIMEL ORGANIC OOD 15,035,000 Manufacture of food products earned total revenue of BGN KORONA M OOD 14,755,000 66,679,000 and accounted for 0.76% of the industry's total MULTIPACK BULGARIA OOD 11,358,000 revenue. ELIT - P OOD 10,102,000

TOP 10 COMPANIES BY TOTAL REVENUE IN THE SECTOR PROCESSING OF TEA AND COFFEE WERE: The 10 largest companies in terms of total revenue in sector COMPANY BGN Manufacture of food products earned total revenue of BGN BALKAM GROUP OOD 19,885,000 181,768,000 and accounted for 2.06% of the industry's total BIANCHI KAFE OOD 16,173,000 revenue. BIOPROGRAMME AD 9,805,000 BALKAM AD 9,491,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD OPERATION AGRO - OIL OOD 5,216,000 OF DAIRIES AND CHEESE MAKING WERE: COMPANY BGN JORDANI EOOD 4,648,000 OBEDINENA MLECHNA KOMPANIA AD 73,634,000 PLANTABUL OOD 3,104,000 TYRBUL AD 61,729,000 FOBOS OOD 2,753,000 MEGGLE BULGARIA OOD 44,199,000 JACOBS DOUWE EGBERTS OPS BG OOD 2,558,000 SCHREIBER FOODS BULGARIA OOD 38,860,000 FONTE FRESCO OOD 1,671,000 DIMITAR MADZHAROV - 2 OOD 37,107,000

CODAP OOD 29,601,000

The 10 largest companies in terms of total revenue in sector MJ DAIRIES OOD 21,372,000 Manufacture of food products earned total revenue of BGN BI.SI.SI. HANDEL OOD 20,798,000 75,304,000 and accounted for 0.85% of the industry's total MAKLER-KOMERS OOD 19,699,000 revenue. MANDRA-RILCI OOD 19,468,000

TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD MANUFACTURE OF COCOA, CHOCOLATE AND SUGAR The 10 largest companies in terms of total revenue in sector CONFECTIONERY WERE: Manufacture of food products earned total revenue of BGN COMPANY BGN 366,467,000 and accounted for 4.15% of the industry's total NESTLE BULGARIA AD 305,269,000 revenue. MONDELEZ BULGARIA PRODUCTION OOD 31,357,000 KRONOS AD 20,749,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE MARKET MELBON AD 13,470,000 MANUFACTURE OF ICE CREAM WERE: COMPANY BGN INTERION AD 9,835,000 IZIDA OOD 10,568,000 ZAHAREN KOMBINAT - PLOVDIV AD 9,316,000 SLADOLEDENA FABRIKA OOD 9,952,000 CHOCO TEAM OOD 7,418,000 DARKO EAD 6,632,000 VALE 1 OOD 5,937,000 KARIL I TANYA AD 5,776,000 VIP SIMERS GROUP OOD 4,320,000 SANDER 2000 OOD 5,441,000 DIAMANT - 93 OOD 4,006,000 UNCLE CHARLY OOD 4,025,000

MEDINA OOD 2,163,000 The 10 largest companies in terms of total revenue in sector GELATO 2009 OOD 989,000

6 SeeNews Industry Report

CORTE DILETTO OOD 808,000 MIO OOD 13,579,000 SORENTO OOD 798,000 YANA-1 OOD 10,697,000

TOP 10 COMPANIES BY TOTAL REVENUE IN THE MARKET TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD OTHER MANUFACTURE OF RUSKS AND BISCUITS; MANUFACTURE OF PROCESSING AND PRESERVING OF FRUIT AND VEGETABLES PRESERVED PASTRY GOODS AND CAKES WERE: WERE: COMPANY BGN COMPANY BGN PRESTIGE-96 AD 62,913,000 AGRI BULGARIA OOD 40,418,000 ZAHARNI IZDELIA VARNA OOD 60,647,000 KUMINYANO FRUT OOD 39,286,000 ITAL FOOD 37,063,000 OLINESA OOD 29,457,000 DAY AND NIGHT OOD 29,270,000 VIKTORIA NUTS OOD 26,418,000 POBEDA AD 23,972,000 FRUCTO SLIVEN AD 22,808,000 SI COMMERCIAL 7 OOD 23,154,000 KONEKS TIVA AD 19,138,000 KARMELA 2000 OOD 18,557,000 DZHILI-SOY - DZHIHANGIR IBRYAM ET 19,053,000 K AND G OOD 10,726,000 ET KAMEN SHISHKOV 18,297,000 LOZEV OOD 9,469,000 EUROPACK OOD 14,171,000 VELIKOVI OOD 7,763,000 DIONI OOD 13,340,000

TOP 10 COMPANIES BY TOTAL REVENUE IN THE MARKET TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY MANUFACTURE OF MACARONI, NOODLES, COUSCOUS AND MANUFACTURE OF FRUIT AND VEGETABLE JUICE WERE: SIMILAR FARINACEOUS PRODUCTS WERE: COMPANY BGN COMPANY BGN PHILICON - 97 AD 27,761,000 SIDI - 92 OOD 2,083,000 BEST FRUITS OOD 11,014,000 INVEST MELI BG OOD 1,604,000 KRICHIMFRUCT OOD 7,063,000 UNI EXPORT-IMPORT EOOD 1,407,000 VITANEA OOD 1,156,000 VAS OOD 1,351,000 MARSHAL 91 OOD 1,001,000 KAVEL INVEST OOD 895,000 AGROBIOTEH PROIZVODSTVO AD 540,000 GALLIA OOD 710,000 ITTS OOD 291,000 SPEKTAR-KOMS OOD 645,000 EKO MED I KO OOD 287,000 ZLATNO BREZOVO OOD 568,000 YUM FRESH OOD 197,000 OOD GEOBOY 2009 394,000 ZP ELENA MILCHEVA OOD 176,000 KRAMAS OOD 388,000

The 10 largest companies in terms of total revenue in sector The 10 largest companies in terms of total revenue in sector Manufacture of food products earned total revenue of BGN Manufacture of food products earned total revenue of BGN 49,486,000 and accounted for 0.56% of the industry's total 10,045,000 and accounted for 0.11% of the industry's total revenue. revenue. TOP 10 COMPANIES BY TOTAL REVENUE IN THE SECTOR TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD PROCESSING AND PRESERVING OF POTATOES WERE: MANUFACTURE OF BREAD; MANUFACTURE OF FRESH PASTRY COMPANY BGN GOODS AND CAKES WERE: BULKARTO OOD 10,304,000 COMPANY BGN VASILEV & TODOROV OOD 3,851,000 CHIPITA BULGARIA AD 166,448,000 DANI 5001 OOD 394,000 SIMID SOFIA OOD 53,905,000 ZAIRA-Z.Z. OOD 198,000 SAVIMEX OOD 31,506,000 ANNI OOD 182,000 HEBAR AD 23,578,000 VIV 94 OOD 129,000 SIMID AGRO OOD 20,014,000 ILINA-99 OOD 68,000 DOBRUDJANSKI HLIAB AD 19,189,000 DIRA 2014 OOD 53,000 ELIAZ OOD 14,637,000 KIKO - 92 OOD 50,000 HLEBNA PROMISHLENOST AD 14,195,000 NIKI - NIKOLAY KOLEV 95 OOD 44,000

The 10 largest companies in terms of total revenue in sector 7 SeeNews Industry Report

Manufacture of food products earned total revenue of BGN 15,273,000 and accounted for 0.17% of the industry's total TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD revenue. MANUFACTURE OF PREPARED FEEDS FOR FARM ANIMALS WERE: COMPANY BGN TOP 10 COMPANIES BY TOTAL REVENUE IN THE MARKET GRADUS-3 AD 67,845,000 PROCESSING AND PRESERVING OF MEAT WERE: FURAZH ROSITSA AD 66,433,000 COMPANY BGN BONMIKS OOD 43,495,000 MESOKOMBINAT LOVECH AD 137,949,000 TRAKIYSKI FURAZH OOD 23,431,000 MESOKOMBINAT RUSE AD 65,919,000 FZ VASIL KOSTOV OOD 17,557,000 MULTIMES GRUP OOD 32,879,000 HL-TOPMIX OOD 15,711,000 AGROKOMERS - 98 OOD 21,689,000 VLADINI TRADING OOD 14,400,000 TANDEM-POPOVO OOD 16,186,000 BIOPRODUCTS - BULGARIA OOD 12,237,000 MESOKOMBINAT-SVISHTOV OOD 15,218,000 EKO FURAJ OOD 8,428,000 PIKANT TRADE OOD 15,094,000 OPTIMAL NUTRITION OOD 6,864,000 MESFOOD AD 13,574,000 NIKI MES 2013 OOD 12,771,000 MESO I MESNI PRODUKTI ZHAR OOD 12,463,000 The 10 largest companies in terms of total revenue in sector Manufacture of food products earned total revenue of BGN 276,401,000 and accounted for 3.13% of the industry's total The 10 largest companies in terms of total revenue in sector revenue. Manufacture of food products earned total revenue of BGN 343,742,000 and accounted for 3.90% of the industry's total TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY revenue. MANUFACTURE OF PREPARED PET FOODS WERE: COMPANY BGN TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD BON OOD 30,894,000 PROCESSING AND PRESERVING OF POULTRY MEAT WERE: FURAZHNI HRANI OOD 12,457,000 COMPANY BGN ILTEX OOD 5,363,000 PILKO OOD 222,467,000 STAN COMMERCE OOD 3,676,000 GRADUS-1 OOD 75,133,000 MEGAFRUIT OOD 3,022,000 BREZOVO AD 46,087,000 VENDI OOD 1,903,000 GALUS 2004 OOD 25,046,000 AGROMARKET INTERNATIONAL OOD 1,105,000 BULGARPLOD-SOFIA AD 24,057,000 BULDRAINIM OOD 261,000 ZORNITSA - KOMERS OOD 19,593,000 KOKO KOMERS OOD 227,000 SVS-98 OOD 19,131,000 SIULEIMANA TRADING OOD 89,000 ALLIANCE AGRICOLE - ALAG OOD 18,851,000 MAXI CHICKEN OOD 18,169,000 SEFFORA OOD 12,387,000 The 10 largest companies in terms of total revenue in sector Manufacture of food products earned total revenue of BGN 58,997,000 and accounted for 0.67% of the industry's total The 10 largest companies in terms of total revenue in sector revenue. Manufacture of food products earned total revenue of BGN 480,921,000 and accounted for 5.45% of the industry's total TOP COMPANIES BY TOTAL REVENUE IN THE FIELD revenue. MANUFACTURE OF MARGARINE AND SIMILAR EDIBLE FATS WERE: COMPANY BGN TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD PETTAS BULGARIA AD 13,848,000 PRODUCTION OF MEAT AND POULTRY MEAT PRODUCTS WERE: MILPAK - 2013 OOD 916,000 COMPANY BGN DIMITRA OOD 326,000 FERMATA AD 102,301,000 MILPAK-OOD 6,000 KEN AD 49,586,000 DELIKATES-2 OOD 38,990,000 KAROL-FERNANDEZ MEAT OOD 29,594,000 The largest companies in terms of total revenue in sector LOTOS OOD 27,946,000 Manufacture of food products earned total revenue of BGN CECH JOSEPH NOVOSAD OOD 24,077,000 15,096,000 and accounted for 0.17% of the industry's total MAKRO-KOR OOD 20,700,000 revenue. ELIT MES MINEV - RODOPA - V.T. OOD 18,101,000 LTD SAMI - M OOD 16,555,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY TANDEM-V OOD 16,501,000 MANUFACTURE OF OILS AND FATS WERE: COMPANY BGN OLIVA AD 383,059,000 The 10 largest companies in terms of total revenue in sector BISER OLIVA AD 92,833,000 Manufacture of food products earned total revenue of BGN ROSA AD 77,743,000 344,351,000 and accounted for 3.90% of the industry's total KLAS OLIO AD 76,240,000 revenue. MARITZA OLIO AD 69,050,000 ZVEZDA AD 56,634,000 SUN FOODS OOD 47,293,000 OLIMEX OOD 46,918,000

8 SeeNews Industry Report

GOLD-OIL OOD 44,160,000 PRODUCTION FIGURES FOR MANUFACTURE OF FOOD PRODUCTS GEOSTROY ENGINEERING OOD 42,540,000 IN 2015 SECTOR UNIT QUANTITY INCL. CUT, MAKE, PRODUCED TRIM (CMT) QUANTITY The 10 largest companies in terms of total revenue in sector PROCESSING AND PRESERVING OF KILOGRAM 160,639,529 28,603,805 Manufacture of food products earned total revenue of BGN MEAT S 936,470,000 and accounted for 10.62% of the industry's total PROCESSING AND PRESERVING OF KILOGRAM 157,776,338 19,627,981 POULTRY MEAT S revenue. PRODUCTION OF MEAT AND POULTRY KILOGRAM 138,552,929 227,343 MEAT PRODUCTS S TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD PROCESSING AND PRESERVING OF FISH, KILOGRAM 14,755,011 1,598,305 PROCESSING AND PRESERVING OF FISH, CRUSTACEANS AND CRUSTACEANS AND MOLLUSCS S MOLLUSCS WERE: PROCESSING AND PRESERVING OF KILOGRAM 6,333,036 0 COMPANY BGN POTATOES S ALMAR SEAFOOD 19,980,000 FRUIT AND VEGETABLE JUICE LITRES 55,769,356 2,467,563 DIAVENA OOD 9,374,000 OTHER PROCESSING AND PRESERVING KILOGRAM 335,674,370 133,141,111 SEVER - EKSPORT OOD 8,958,000 OF FRUIT AND VEGETABLES S REYA-FISH OOD 8,608,000 OILS AND FATS KILOGRAM 1,150,466,078 148,318,625 S OOD ESETRA - KOMERS 7,522,000 MARGARINE AND SIMILAR EDIBLE FATS KILOGRAM 13,748,451 2,028,851 FISHKOM OOD 5,802,000 S P.A.L.-BG OOD 5,457,000 ICE CREAM LITRES 22,077,850 0 DELTA INDUSTRY AD 5,171,000 GRAIN MILL PRODUCTS KILOGRAM 779,018,140 48,437,365 ELECTA OOD 5,003,000 S BLACK SEA FISHERIES - BOURGAS AD 4,283,000 STARCHES AND STARCH PRODUCTS KILOGRAM 468,978,731 0 S BREAD; MANUFACTURE OF FRESH KILOGRAM 417,362,787 7,308,248 The 10 largest companies in terms of total revenue in sector PASTRY GOODS AND CAKES S Manufacture of food products earned total revenue of BGN RUSKS AND BISCUITS; MANUFACTURE KILOGRAM 120,583,877 2,092,825 OF PRESERVED PASTRY GOODS AND S 80,158,000 and accounted for 0.91% of the industry's total CAKES revenue. MACARONI, NOODLES, COUSCOUS AND KILOGRAM 11,280,033 35,226 SIMILAR FARINACEOUS PRODUCTS S TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD SUGAR KILOGRAM 79,763,043 0 MANUFACTURE OF GRAIN MILL PRODUCTS WERE: S COMPANY BGN COCOA, CHOCOLATE AND SUGAR KILOGRAM 42,453,923 17,548,698 TOPAZ MEL OOD 117,270,000 CONFECTIONERY S GOODMILLS BULGARIA OOD 71,882,000 PROCESSING OF TEA AND COFFEE KILOGRAM 21,894,008 14,900,488 S KOOPERACIJA SIMID 1000, COOPERATIVE 43,722,000 CONDIMENTS AND SEASONINGS KILOGRAM 65,495,634 170,877 UNIBEL AD 39,672,000 S SADINA PLANT OOD 21,942,000 PREPARED MEALS AND DISHES KILOGRAM 27,777,262 0 TEHRA OOD 14,546,000 S KOLOR FOODS OOD 12,419,000 HOMOGENISED FOOD PREPARATIONS KILOGRAM 1,690,025 0 MELNITSA SLIVEN - 2003 OOD 11,703,000 AND DIETETIC FOOD S MELNITSA VARNA 2006 OOD 11,646,000 OTHER FOOD PRODUCTS N.E.C. KILOGRAM 23,012,135 161,240 S AGROMILL BULGARIA AD 11,419,000 PREPARED FEEDS FOR FARM ANIMALS KILOGRAM 821,233,889 60,492,633 S

PREPARED PET FOODS KILOGRAM 33,025,614 0 The 10 largest companies in terms of total revenue in sector S Manufacture of food products earned total revenue of BGN 356,221,000 and accounted for 4.04% of the industry's total revenue. OUTPUT SALES FIGURES FOR MANUFACTURE OF FOOD PRODUCTS IN 2015 TOP COMPANIES BY TOTAL REVENUE IN THE FIELD SECTOR UNIT QUANTITY SOLD INCL. EXPORTED SALES IN BGN INCL. EXPORTS IN MANUFACTURE OF STARCHES AND STARCH PRODUCTS WERE: QUANTITY BGN PROCESSING AND KILOGRAMS 134,422,175,000 7,846,028,000 558,635,310,000 20,389,000,000 COMPANY BGN PRESERVING OF AMYLUM BULGARIA AD 294,310,000 MEAT PROCESSING AND KILOGRAMS 139,325,935,000 45,048,657,000 492,784,640,000 205,994,610,000 G.M. OOD 5,682,000 PRESERVING OF POULTRY MEAT IVAN IVANOV ELVI 6 OOD 368,000 PRODUCTION OF KILOGRAMS 138,215,029,000 4,395,789,000 675,784,180,000 30,268,000,000 ET MEMO - MESUT ALIOSMANOV 18,000 MEAT AND POULTRY MEAT PRODUCTS PROCESSING AND KILOGRAMS 12,862,194,000 5,301,263,000 100,784,300,000 62,354,580,000 PRESERVING OF FISH, CRUSTACEANS The largest companies in terms of total revenue in sector AND MOLLUSCS PROCESSING AND KILOGRAMS 6,240,261,000 79,868,000 7,560,320,000 133,000,000 Manufacture of food products earned total revenue of BGN PRESERVING OF 300,378,000 and accounted for 3.41% of the industry's total POTATOES FRUIT AND LITRES 53,791,144,000 9,997,879,000 72,985,830,000 11,196,960,000 revenue. VEGETABLE JUICE OTHER PROCESSING KILOGRAMS 191,935,927,000 83,900,422,000 542,604,330,000 275,517,170,000 AND PRESERVING OF FRUIT AND VEGETABLES

9 SeeNews Industry Report

OILS AND FATS KILOGRAMS 984,093,994,000 511,185,092,000 827,016,120,000 457,715,210,000 MARGARINE AND KILOGRAMS 11,652,714,000 1,815,123,000 20,191,000,000 3,261,000,000 SIMILAR EDIBLE FATS Operating costs grew by 6.23% compared with the previous ICE CREAM LITRES 22,206,938,000 3,279,402,000 74,475,350,000 10,610,970,000 year and rose by 6.04% when compared to 2013. GRAIN MILL KILOGRAMS 695,933,881,000 120,600,014,000 348,319,930,000 60,759,880,000 PRODUCTS STARCHES AND KILOGRAMS 437,101,073,000 344,625,723,000 288,621,000,000 231,698,000,000 We expect, based on the trend in the last three years, the total STARCH PRODUCTS costs of the Manufacture of food products industry to change BREAD; KILOGRAMS 411,037,228,000 20,017,592,000 620,097,760,000 81,036,000,000 MANUFACTURE OF at a compound annual growth rate (CAGR) of 2.77% in 2016. FRESH PASTRY GOODS AND CAKES RUSKS AND KILOGRAMS 119,992,130,000 49,609,125,000 497,236,250,000 213,100,680,000 TOTAL COSTS BY SECTORS BISCUITS; RANK SECTOR TOTAL COSTS (BGN) MANUFACTURE OF PRESERVED PASTRY 1 MANUFACTURE OF OILS AND FATS 1,100,816,000 GOODS AND CAKES MACARONI, KILOGRAMS 11,439,813,000 2,138,911,000 13,272,000,000 2,214,000,000 2 OPERATION OF DAIRIES AND CHEESE MAKING 869,886,000 NOODLES, 3 MANUFACTURE OF BREAD; MANUFACTURE OF FRESH 848,905,000 COUSCOUS AND SIMILAR PASTRY GOODS AND CAKES FARINACEOUS PRODUCTS 4 PRODUCTION OF MEAT AND POULTRY MEAT 733,364,000 SUGAR KILOGRAMS 55,220,885,000 0 46,820,000,000 0 PRODUCTS COCOA, CHOCOLATE KILOGRAMS 24,933,236,000 4,485,902,000 107,235,690,000 21,752,000,000 5 PROCESSING AND PRESERVING OF POULTRY MEAT 690,741,000 AND SUGAR CONFECTIONERY 6 PROCESSING AND PRESERVING OF MEAT 662,179,000 PROCESSING OF TEA KILOGRAMS 6,723,170,000 405,484,000 46,384,000,000 2,154,120,000 7 OTHER PROCESSING AND PRESERVING OF FRUIT AND 587,041,000 AND COFFEE VEGETABLES CONDIMENTS AND KILOGRAMS 64,055,604,000 3,729,792,000 96,886,040,000 11,484,000,000 SEASONINGS 8 MANUFACTURE OF GRAIN MILL PRODUCTS 482,180,000 PREPARED MEALS KILOGRAMS 27,797,191,000 9,902,407,000 117,683,260,000 53,639,970,000 AND DISHES 9 MANUFACTURE OF COCOA, CHOCOLATE AND SUGAR 422,899,000 CONFECTIONERY HOMOGENISED KILOGRAMS 1,676,164,000 96,107,000 11,568,000,000 549,000,000 FOOD 10 MANUFACTURE OF PREPARED FEEDS FOR FARM 364,201,000 PREPARATIONS AND DIETETIC FOOD ANIMALS OTHER FOOD KILOGRAMS 22,497,636,000 4,310,637,000 152,421,160,000 39,598,000,000 11 MANUFACTURE OF OTHER FOOD PRODUCTS N.E.C. 336,580,000 PRODUCTS N.E.C. PREPARED FEEDS KILOGRAMS 673,035,251,000 92,871,443,000 350,770,440,000 51,089,100,000 12 MANUFACTURE OF RUSKS AND BISCUITS; 329,414,000 FOR FARM ANIMALS MANUFACTURE OF PRESERVED PASTRY GOODS AND PREPARED PET KILOGRAMS 30,902,219,000 14,224,182,000 36,911,000,000 22,046,590,000 CAKES FOODS 13 MANUFACTURE OF STARCHES AND STARCH 261,374,000 PRODUCTS 14 MANUFACTURE OF PREPARED MEALS AND DISHES 116,958,000 15 PROCESSING AND PRESERVING OF FISH, 110,437,000 IV. EXPENSES CRUSTACEANS AND MOLLUSCS 16 PROCESSING OF TEA AND COFFEE 85,048,000

17 MANUFACTURE OF CONDIMENTS AND SEASONINGS 78,815,000 The combined costs of the companies in the Manufacture of 18 MANUFACTURE OF SUGAR 77,354,000 food products industry reached BGN 8,370,745,000 in 2015. 19 MANUFACTURE OF PREPARED PET FOODS 56,428,000

20 MANUFACTURE OF FRUIT AND VEGETABLE JUICE 48,731,000 Total Expenses 21 MANUFACTURE OF ICE CREAM 45,667,000 Operational expenses 22 MANUFACTURE OF HOMOGENISED FOOD 20,973,000 PREPARATIONS AND DIETETIC FOOD 9,000,000,000 8,370,745,000 23 PROCESSING AND PRESERVING OF POTATOES 14,856,000 7,925,611,000 7,885,361,000 24 MANUFACTURE OF MARGARINE AND SIMILAR EDIBLE 14,596,000 8,000,000,000 8,227,365,000 FATS 7,758,476,000 7,744,725,000 25 MANUFACTURE OF MACARONI, NOODLES, 11,302,000 7,000,000,000 COUSCOUS AND SIMILAR FARINACEOUS PRODUCTS

6,000,000,000

5,000,000,000

BGN 4,000,000,000

3,000,000,000

2,000,000,000

1,000,000,000

0 2013 2014 2015

In annual terms, total expenses increased by 6.16% compared to 2014 and increased by 5.62% in comparison to 2013.

The total operating expenses of the companies in the Manufacture of food products industry were BGN 8,227,365,000 in 2015. 10 SeeNews Industry Report

Employment expenses INDUSTRY'S TOTAL COSTS STRUCTURE BY SECTORS Salaries expenses 10.39% Social security expenses 10.14% 800,000,000 8.25% 718,384,000 700,000,000 657,996,000 630,516,000 13.15% 600,000,000 8.76% 612,355,000 559,499,000 500,000,000530,152,000

400,000,000 BGN

300,000,000

200,000,000

98,437,000 95,927,000 102,761,000 100,000,000 49.30% 0 Manufacture of oils and fats 2013 2014 2015 Operation of dairies and cheese making Manufacture of bread; manufacture of fresh pastry goods and cakes Production of meat and poultry meat products The highest growth in labour costs, of 250.36%, was registered by Manufacture of prepared pet foods, while Processing and preserving of poultry meat Manufacture of sugar marked the sharpest fall, of 24.96%. Others The monthly costs per employee in the Manufacture of food Manufacture of prepared pet foods marked the highest products industry averaged BGN 751 in 2015, BGN 729 in annual increase in total expenses, of 148.12%, while total 2014 and BGN 640 in 2013. expenses went down the most, by 23.64%, for Manufacture of macaroni, noodles, couscous and similar farinaceous The monthly social security costs per employee in the products. industry averaged BGN 107 in 2015, versus BGN 106 in 2014 and BGN 100 in 2013. In terms of operating expenses, the highest rise, of 149.10%, was recorded by the Manufacture of prepared pet foods EMPLOYMENT EXPENSES IN MANUFACTURE OF FOOD PRODUCTS sector. The sharpest fall was posted by Manufacture of BY SECTORS IN 2015 macaroni, noodles, couscous and similar farinaceous RANK SECTOR EMPLOYMENT AVERAGE EXPENSES (BGN) EXPENSES PER products - 22.12%. EMPLOYEE (BGN) The biggest spenders in the industry, with costs of over 10% 1 MANUFACTURE OF BREAD; MANUFACTURE 147,841,000 6,723 OF FRESH PASTRY GOODS AND CAKES of industry's costs, numbered 38, including BISER OLIVA AD, 2 OPERATION OF DAIRIES AND CHEESE 70,479,000 8,979 MEGGLE BULGARIA OOD, KEHLIBAR OOD, GEOSTROY MAKING ENGINEERING OOD, KEN AD. The medium spenders, or 3 PRODUCTION OF MEAT AND POULTRY MEAT 59,929,000 9,054 those in the 5% and 10% range count 44 and include Cech PRODUCTS Joseph Novosad OOD, OLINESA OOD, DOBRUDJANSKI 4 OTHER PROCESSING AND PRESERVING OF 57,274,000 8,948 HLIAB AD, BULGARPLOD-SOFIA AD, Pobeda AD. Below 5% FRUIT AND VEGETABLES threshhold are 5,312 companies, including DIKSI - SZ OOD, 5 MANUFACTURE OF COCOA, CHOCOLATE 55,359,000 15,356 DIKSI EOOD, DZZD BALGARSKI HLYAB I ZAKUSKI, AND SUGAR CONFECTIONERY KARMENITA OOD, ET MIG - 91 IVAYLO GARBOV. 6 MANUFACTURE OF RUSKS AND BISCUITS; 52,107,000 9,252 MANUFACTURE OF PRESERVED PASTRY GOODS AND CAKES Employment expenses in the Manufacture of food products 7 PROCESSING AND PRESERVING OF POULTRY 42,130,000 9,670 industry rose by 9.18% on the year to BGN 718,384,000 in MEAT 2015. 8 PROCESSING AND PRESERVING OF MEAT 41,286,000 8,310 9 MANUFACTURE OF OILS AND FATS 32,695,000 11,151 10 MANUFACTURE OF OTHER FOOD PRODUCTS 31,889,000 11,292 N.E.C. 11 MANUFACTURE OF GRAIN MILL PRODUCTS 27,739,000 9,946 12 MANUFACTURE OF PREPARED MEALS AND 17,927,000 7,805 DISHES 13 MANUFACTURE OF PREPARED FEEDS FOR 16,081,000 10,243 FARM ANIMALS 14 PROCESSING AND PRESERVING OF FISH, 12,130,000 7,424 CRUSTACEANS AND MOLLUSCS 15 MANUFACTURE OF CONDIMENTS AND 11,843,000 15,401 SEASONINGS

11 SeeNews Industry Report

16 MANUFACTURE OF STARCHES AND STARCH 11,464,000 40,797 PRODUCTS EXPENSES ON TAXES BY SECTORS 17 PROCESSING OF TEA AND COFFEE 7,579,000 9,164 RANK SECTOR BGN Y/Y CHANGE 18 MANUFACTURE OF PREPARED PET FOODS 5,886,000 11,127 1 MANUFACTURE OF OILS AND FATS 5,867,000 16.50% 19 MANUFACTURE OF ICE CREAM 5,132,000 8,941 2 OTHER PROCESSING AND PRESERVING OF 5,322,000 16.92% 20 MANUFACTURE OF FRUIT AND VEGETABLE 3,843,000 9,879 FRUIT AND VEGETABLES JUICE 3 MANUFACTURE OF BREAD; MANUFACTURE OF 5,077,000 -15.36% 21 MANUFACTURE OF HOMOGENISED FOOD 3,415,000 10,134 FRESH PASTRY GOODS AND CAKES PREPARATIONS AND DIETETIC FOOD 4 PRODUCTION OF MEAT AND POULTRY MEAT 4,555,000 30.78% 22 MANUFACTURE OF MACARONI, NOODLES, 1,499,000 6,220 PRODUCTS COUSCOUS AND SIMILAR FARINACEOUS 5 MANUFACTURE OF STARCHES AND STARCH 3,916,000 -25.10% PRODUCTS PRODUCTS 23 MANUFACTURE OF SUGAR 1,052,000 13,662 6 MANUFACTURE OF COCOA, CHOCOLATE AND 3,769,000 77.03% 24 PROCESSING AND PRESERVING OF 959,000 5,848 SUGAR CONFECTIONERY POTATOES 7 MANUFACTURE OF RUSKS AND BISCUITS; 3,633,000 11.99% 25 MANUFACTURE OF MARGARINE AND 846,000 12,261 MANUFACTURE OF PRESERVED PASTRY SIMILAR EDIBLE FATS GOODS AND CAKES 8 MANUFACTURE OF OTHER FOOD PRODUCTS 3,138,000 8.28% N.E.C.

9 OPERATION OF DAIRIES AND CHEESE MAKING 3,090,000 -20.79% THE TOP 10 COMPANIES BY AVERAGE MONTHLY COSTS PER 10 PROCESSING AND PRESERVING OF POULTRY 2,738,000 -16.63% EMPLOYEE IN THE INDUSTRY MEAT RANK COMPANY BGN 11 MANUFACTURE OF GRAIN MILL PRODUCTS 2,424,000 37.57% 1 VILOFOSS OOD 8,583 12 MANUFACTURE OF PREPARED FEEDS FOR 1,829,000 43.23% 2 HLEBNI IZDELIA-LOZENEZ AD 6,500 FARM ANIMALS 3 RAMCOPHARM OOD 4,747 13 PROCESSING AND PRESERVING OF MEAT 1,301,000 1.88% 4 GERMAN BULGARIAN BUSINESS GROUP OOD 4,236 14 MANUFACTURE OF PREPARED MEALS AND 1,052,000 22.18% 5 SPRINK OOD 3,959 DISHES 6 AD BOLGARPRODUKT 3,917 15 PROCESSING AND PRESERVING OF FISH, 876,000 -43.30% 7 AMYLUM BULGARIA AD 3,764 CRUSTACEANS AND MOLLUSCS 8 LACTINA OOD 3,721 16 MANUFACTURE OF CONDIMENTS AND 738,000 -26.35% SEASONINGS 9 GOLIAMA DOBRUDJANSKA MELNITSA OOD 3,417 17 MANUFACTURE OF ICE CREAM 484,000 86.87% 10 APIMEL ORGANIC OOD 3,298 18 MANUFACTURE OF PREPARED PET FOODS 316,000 172.41% 19 PROCESSING OF TEA AND COFFEE 305,000 11.72% The industry's tax expenses stood at BGN 51,042,000 in 2015. 20 MANUFACTURE OF HOMOGENISED FOOD 259,000 91.85% PREPARATIONS AND DIETETIC FOOD In 2014 it paid taxes of BGN 47,240,000. In 2013 the industry 21 MANUFACTURE OF FRUIT AND VEGETABLE 252,000 98.43% paid BGN 41,963,000 in taxes. JUICE 22 MANUFACTURE OF MACARONI, NOODLES, 70,000 -23.91% COUSCOUS AND SIMILAR FARINACEOUS Average taxes expenses by company PRODUCTS 10,000 9,462 23 PROCESSING AND PRESERVING OF POTATOES 60,000 93.55% 9,034 9,041 24 MANUFACTURE OF MARGARINE AND SIMILAR 51,000 10.87% 9,000 EDIBLE FATS 25 MANUFACTURE OF SUGAR -80,000 -93.92% 8,000

7,000

6,000 V. PROFITABILITY

5,000 The industry's net profit amounted to BGN 399,118,000 in BGN 2015, compared to a net profit of BGN 355,925,000 in 2014 4,000 and a net profit of BGN 230,505,000 in 2013.

3,000

2,000

1,000

0 2013 2014 2015

12 SeeNews Industry Report

MANUFACTURE OF RUSKS AND BISCUITS; 34,682,000 30,520,000 20,348,000 Net profit/loss MANUFACTURE OF PRESERVED PASTRY Operating profit/loss GOODS AND CAKES 442,330,000 MANUFACTURE OF OTHER FOOD 29,038,000 27,841,000 19,516,000 450,000,000 PRODUCTS N.E.C. 400,577,000 PROCESSING AND PRESERVING OF 26,889,000 27,705,000 450,000 405,000,000 POULTRY MEAT 399,118,000 MANUFACTURE OF PREPARED FEEDS FOR 19,670,000 11,783,000 15,596,000 360,000,000 FARM ANIMALS 355,925,000 MANUFACTURE OF GRAIN MILL 18,721,000 14,426,000 18,492,000 315,000,000 PRODUCTS 270,003,000 OPERATION OF DAIRIES AND CHEESE 17,752,000 34,712,000 6,676,000 270,000,000 MAKING MANUFACTURE OF PREPARED MEALS 9,288,000 7,907,000 5,566,000 225,000,000 AND DISHES BGN 230,505,000

180,000,000 PROCESSING AND PRESERVING OF MEAT 9,100,000 7,848,000 -3,925,000 MANUFACTURE OF CONDIMENTS AND 7,253,000 9,879,000 8,907,000

135,000,000 SEASONINGS PROCESSING AND PRESERVING OF FISH, 6,573,000 14,978,000 6,202,000

90,000,000 CRUSTACEANS AND MOLLUSCS MANUFACTURE OF ICE CREAM 4,095,000 2,069,000 3,958,000 45,000,000 MANUFACTURE OF PREPARED PET FOODS 2,668,000 -166,000 1,204,000 MANUFACTURE OF HOMOGENISED FOOD 2,056,000 1,444,000 2,588,000 0 PREPARATIONS AND DIETETIC FOOD 2013 2014 2015 MANUFACTURE OF FRUIT AND 1,384,000 -1,936,000 -7,177,000 VEGETABLE JUICE MANUFACTURE OF SUGAR 1,050,000 -16,815,000 -10,429,000 TOP 10 COMPANIES BY HIGHEST NET PROFIT IN MANUFACTURE PROCESSING AND PRESERVING OF 514,000 253,000 301,000 OF FOOD PRODUCTS POTATOES RANK COMPANY BGN MANUFACTURE OF MARGARINE AND 500,000 463,000 -86,000 1 AMYLUM BULGARIA AD 34,912,000 SIMILAR EDIBLE FATS 2 CHIPITA BULGARIA AD 21,543,000 MANUFACTURE OF MACARONI, 167,000 759,000 1,243,000 3 NESTLE BULGARIA AD 20,092,000 NOODLES, COUSCOUS AND SIMILAR FARINACEOUS PRODUCTS 4 OLIVA AD 17,052,000 PROCESSING OF TEA AND COFFEE -450,000 2,954,000 1,200,000 5 PILKO OOD 9,966,000

6 BISER OLIVA AD 9,183,000

7 PRESTIGE-96 AD 8,918,000 The profit margin for the Manufacture of food products 8 KUMINYANO FRUT OOD 8,833,000 industry stood at 5.06% in 2015, while in 2014 it amounted to 9 FERMATA AD 7,822,000 4.87% and 3.34% in 2013. 10 PALIRRIA BULGARIA AD 7,403,000 PROFIT MARGIN BY SECTORS RANK SECTOR PROFIT TOP COMPANIES BY HIGHEST NET LOSS IN MANUFACTURE OF MARGIN FOOD PRODUCTS 1 MANUFACTURE OF STARCHES AND STARCH PRODUCTS 13.00% RANK COMPANY BGN 2 MANUFACTURE OF RUSKS AND BISCUITS; MANUFACTURE 9.57% 1 NIKAS BULGARIA AD 8,527,000 OF PRESERVED PASTRY GOODS AND CAKES 2 LODIS INVEST OOD 5,636,000 3 MANUFACTURE OF HOMOGENISED FOOD PREPARATIONS 8.98% AND DIETETIC FOOD 3 OLEO PROTEIN OOD 3,724,000 4 MANUFACTURE OF CONDIMENTS AND SEASONINGS 8.46% 4 SLAVIANA-FISH OOD 3,045,000 5 MANUFACTURE OF COCOA, CHOCOLATE AND SUGAR 8.29% 5 BULGARPLOD-SOFIA AD 3,022,000 CONFECTIONERY 6 MANUFACTURE OF ICE CREAM 8.28% 7 MANUFACTURE OF OTHER FOOD PRODUCTS N.E.C. 7.98% The combined operating earnings of the companies in the 8 MANUFACTURE OF PREPARED MEALS AND DISHES 7.46% Manufacture of food products industry went up by 10.42% y/y 9 OTHER PROCESSING AND PRESERVING OF FRUIT AND 6.60% to BGN 442,330,000 in 2015. VEGETABLES 10 PROCESSING AND PRESERVING OF FISH, CRUSTACEANS 5.69% OPERATING PROFIT/LOSS BY SECTORS (BGN) AND MOLLUSCS SECTOR 2015 2014 2013 11 MANUFACTURE OF PREPARED FEEDS FOR FARM ANIMALS 5.22% MANUFACTURE OF OILS AND FATS 52,194,000 43,353,000 14,144,000 12 MANUFACTURE OF BREAD; MANUFACTURE OF FRESH 5.21% MANUFACTURE OF BREAD; 46,425,000 48,335,000 21,803,000 PASTRY GOODS AND CAKES MANUFACTURE OF FRESH PASTRY GOODS 13 MANUFACTURE OF OILS AND FATS 4.56% AND CAKES 14 PRODUCTION OF MEAT AND POULTRY MEAT PRODUCTS 4.55% OTHER PROCESSING AND PRESERVING OF 41,093,000 23,975,000 33,280,000 FRUIT AND VEGETABLES 15 MANUFACTURE OF PREPARED PET FOODS 4.53% MANUFACTURE OF STARCHES AND 39,004,000 52,113,000 60,534,000 16 PROCESSING AND PRESERVING OF POULTRY MEAT 3.79% STARCH PRODUCTS 17 MANUFACTURE OF GRAIN MILL PRODUCTS 3.76% MANUFACTURE OF COCOA, CHOCOLATE 37,891,000 27,015,000 27,205,000 18 PROCESSING AND PRESERVING OF POTATOES 3.36% AND SUGAR CONFECTIONERY 19 MANUFACTURE OF MARGARINE AND SIMILAR EDIBLE FATS 3.31% PRODUCTION OF MEAT AND POULTRY 34,773,000 29,162,000 22,407,000 20 MANUFACTURE OF FRUIT AND VEGETABLE JUICE 2.82% MEAT PRODUCTS 21 OPERATION OF DAIRIES AND CHEESE MAKING 2.01%

13 SeeNews Industry Report

22 MANUFACTURE OF MACARONI, NOODLES, COUSCOUS 1.48% AND SIMILAR FARINACEOUS PRODUCTS LEADING INDUSTRY'S SECTORS BY ROE 27.88 23 PROCESSING AND PRESERVING OF MEAT 1.36% 28 24 MANUFACTURE OF SUGAR 1.34% 25.2 25 PROCESSING OF TEA AND COFFEE -0.58% 22.4 20.93 20.7 19.6 The Manufacture of food products industry's return on equity (ROE) is 12.94% compared to 12.81% in 2014 and 9.14% in 16.8 2013. 14 11.2 The Manufacture of food products's return on assets (ROA) was 5.25%, while in 2014 it amounted to 5.07% and 3.46% in 8.4 2013. 5.6 2.8 ROE 0 Processing and Manufacture of Manufacture of rusks ROA preserving of starches and starch and biscuits; 12.81% 12.94% potatoes products manufacture of 13 preserved pastry goods and cakes

11.7 TOP 10 COMPANIES BY HIGHEST AVERAGE NET PROFIT PER 10.4 EMPLOYEE IN MANUFACTURE OF FOOD PRODUCTS 9.14% RANK COMPANY BGN COMPANY HEADQUARTERS 9.1 (CITY) 1 ROUGIE AD 4,699,000 SOFIA 7.8 2 GOLIAMA DOBRUDJANSKA MELNITSA OOD 1,355,000 DOBRICH

6.5 3 ADISAN OOD 539,000 SOFIA 4 ALFA MARKETING OOD 333,000 SOFIA 5.2 5 LIPNIK-SVINEKOMPLEX NIKOLOVO OOD 310,000 NIKOLOVO 5.07% 5.25% 6 ALFA KAPITAL OOD 239,000 SOFIA 3.9 7 MYULARI - 90 OOD 232,000 BELOZEM 8 MAXILAND OOD 217,417 PAZARDZHI 2.63.46% K 9 DRB AD 205,000 SOFIA 1.3 10 DELTA - RAP OOD 204,333 KRUSHARE

0 2013 2014 2015 About 50.00% of the 10 leading companies in terms of net profit per employee are located in SOFIA, while 10.00% are PAZARDZHIK-based and 10.00% are headquartered in LEADING INDUSTRY'S SECTORS BY ROA 16.95 BELOZEM. 17 15.3 The average net sales revenue per employee in the Manufacture of food products industry amounted to BGN 13.6 102,578 in 2015, up by 0.17% compared to 2014 and up by 11.9 11.16% compared to 2013. 10.66 10.2 9.02 The industry's average operating revenue per employee went 8.5 up by 0.37% year-on-year in 2015 to BGN 109,695. It went up 6.8 by 11.37% compared to 2013. 5.1 The Manufacture of food products industry generated an 3.4 average BGN 110,642 in total revenue per employee. In 2014 1.7 and 2013 the figure was BGN 110,215 and BGN 99,815, respectively. 0 Manufacture of Manufacture of rusks Manufacture of starches and starch and biscuits; prepared meals and products manufacture of dishes The average total revenue per company in the Manufacture of preserved pastry food products industry grew to BGN 1,635,318 in 2015 from goods and cakes BGN 1,586,321 in 2014. The 2013 value was BGN 1,764,926.

A company in the Manufacture of food products field made on average a net sales revenue of BGN 1,516,137 in 2015, compared to BGN 1,473,948 in 2014 and BGN 1,631,632 in 2013.

The Manufacture of food products industry made 3.29% of the overall sales country-wide, reducing its market share by 14 SeeNews Industry Report

0.02 pp. PROCESSING AND PRESERVING OF 90,030 93,238 93,744 164 Operating profit per employee for the industry as a whole was POTATOES BGN 5,548 in 2015. For comparison in 2014 it amounted to PROCESSING AND PRESERVING OF 128,432 135,046 135,387 4,968 BGN 5,327 and BGN 5,327 in 2013. MEAT PROCESSING AND PRESERVING OF 144,613 162,682 164,651 4,357 POULTRY MEAT THE TOP BY OPERATIONAL PROFIT PER EMPLOYEE IN PRODUCTION OF MEAT AND 111,747 115,530 116,242 6,619 MANUFACTURE OF FOOD PRODUCTS POULTRY MEAT PRODUCTS RANK COMPANY BGN MANUFACTURE OF PREPARED 221,565 239,966 243,624 1,570 1 ROUGIE AD 4,699,000 FEEDS FOR FARM ANIMALS 2 GOLIAMA DOBRUDJANSKA MELNITSA OOD 1,355,000 MANUFACTURE OF PREPARED PET 104,805 111,403 111,771 529 3 ADISAN OOD 594,000 FOODS 4 ALFA MARKETING OOD 370,000 MANUFACTURE OF MARGARINE 210,377 218,710 218,783 69 5 LIPNIK-SVINEKOMPLEX NIKOLOVO OOD 319,000 AND SIMILAR EDIBLE FATS MANUFACTURE OF OILS AND FATS 369,061 390,035 393,223 2,932 PROCESSING AND PRESERVING OF 65,711 70,662 71,558 1,634 FISH, CRUSTACEANS AND TOP 10 COMPANIES WITH HIGHEST CORRELATION OPERATING MOLLUSCS REVENUE - NUMBER OF EMPLOYEES - EMPLOYMENT EXPENSES* MANUFACTURE OF GRAIN MILL 154,261 178,465 179,598 2,789 RANK COMPANY NAME CORRELATION (BGN) PRODUCTS 1 DRB AD 7,451,000 MANUFACTURE OF STARCHES 1,059,658 1,068,039 1,068,961 281 AND STARCH PRODUCTS 2 EKO PILE OOD 5,020,500

3 ADISAN OOD 4,245,000

4 MYULARI - 90 OOD 3,864,000 AVERAGE REVENUE PER COMPANY IN MANUFACTURE OF FOOD 5 SUNOPTA FOODS BULGARIA OOD 3,232,889 PRODUCTS IN 2015 6 ALMAR SEAFOOD 2,839,571 SECTOR AVERAGE NET AVERAGE AVERAGE TOTAL NUMBER OF 7 NIKI MES 2013 OOD 2,543,600 SALES REVENUE OPERATING REVENUE (BGN) COMPANIES (BGN) REVENUE (BGN) 8 BALKAM AD 2,387,500 MANUFACTURE OF STARCHES 59,552,800 60,023,800 60,075,600 5 9 ILMA OOD 2,260,000 AND STARCH PRODUCTS 10 GOLIAMA DOBRUDJANSKA MELNITSA OOD 1,972,000 MANUFACTURE OF SUGAR 27,767,000 39,080,000 39,202,000 2 MANUFACTURE OF OILS AND 12,582,407 13,297,465 13,406,151 86 FATS *The correlation is calculated by subtracting the quotient of the operating profit, and PROCESSING AND PRESERVING 6,300,800 7,088,060 7,173,850 100 the employment expenses to the number of employees. OF POULTRY MEAT MANUFACTURE OF GRAIN MILL 3,414,563 3,950,302 3,975,397 126 AVERAGE REVENUES PER EMPLOYEE IN MANUFACTURE OF FOOD PRODUCTS PRODUCTS IN 2015 MANUFACTURE OF PREPARED 3,549,561 3,844,357 3,902,959 98 SECTOR AVERAGE NET AVERAGE AVERAGE NUMBER OF FEEDS FOR FARM ANIMALS SALES OPERATING TOTAL EMPLOYEES REVENUE REVENUE REVENUE MANUFACTURE OF 3,629,000 3,772,750 3,774,000 4 (BGN) (BGN) (BGN) MARGARINE AND SIMILAR MANUFACTURE OF 61,205 67,914 68,383 337 EDIBLE FATS HOMOGENISED FOOD PROCESSING AND PRESERVING 3,505,758 3,686,319 3,695,610 182 PREPARATIONS AND DIETETIC OF MEAT FOOD PRODUCTION OF MEAT AND 3,377,402 3,491,744 3,513,274 219 MANUFACTURE OF PREPARED 50,786 54,236 54,585 2,297 POULTRY MEAT PRODUCTS MEALS AND DISHES MANUFACTURE OF PREPARED 3,261,294 3,466,588 3,478,059 17 MANUFACTURE OF CONDIMENTS 103,467 111,493 111,918 769 PET FOODS AND SEASONINGS OPERATION OF DAIRIES AND 2,943,771 3,207,185 3,245,665 275 PROCESSING OF TEA AND COFFEE 89,694 94,614 102,291 827 CHEESE MAKING MANUFACTURE OF COCOA, 122,461 126,851 127,827 3,605 MANUFACTURE OF COCOA, 2,829,955 2,931,397 2,953,942 156 CHOCOLATE AND SUGAR CHOCOLATE AND SUGAR CONFECTIONERY CONFECTIONERY MANUFACTURE OF SUGAR 721,221 1,015,065 1,018,234 77 PROCESSING AND PRESERVING 2,440,250 2,624,114 2,657,386 44 MANUFACTURE OF OTHER FOOD 122,338 128,789 129,436 2,824 OF FISH, CRUSTACEANS AND PRODUCTS N.E.C. MOLLUSCS OPERATION OF DAIRIES AND 103,139 112,368 113,716 7,849 MANUFACTURE OF RUSKS AND 2,106,182 2,196,685 2,204,794 165 CHEESE MAKING BISCUITS; MANUFACTURE OF PRESERVED PASTRY GOODS MANUFACTURE OF ICE CREAM 78,653 86,179 86,580 574 AND CAKES MANUFACTURE OF RUSKS AND 61,705 64,356 64,594 5,632 PROCESSING OF TEA AND 1,685,841 1,778,318 1,922,614 44 BISCUITS; MANUFACTURE OF COFFEE PRESERVED PASTRY GOODS AND CAKES OTHER PROCESSING AND 1,678,422 1,837,773 1,857,419 339 PRESERVING OF FRUIT AND MANUFACTURE OF MACARONI, 43,959 46,896 48,021 241 VEGETABLES NOODLES, COUSCOUS AND SIMILAR FARINACEOUS PRODUCTS MANUFACTURE OF PREPARED 1,598,027 1,706,575 1,717,562 73 MEALS AND DISHES MANUFACTURE OF BREAD; 39,071 40,482 40,792 21,991 MANUFACTURE OF FRESH PASTRY MANUFACTURE OF FRUIT AND 1,474,903 1,580,581 1,616,613 31 GOODS AND CAKES VEGETABLE JUICE OTHER PROCESSING AND 88,890 97,329 98,370 6,401 MANUFACTURE OF 1,420,821 1,531,036 1,536,875 56 PRESERVING OF FRUIT AND CONDIMENTS AND VEGETABLES SEASONINGS MANUFACTURE OF FRUIT AND 117,537 125,959 128,830 389 VEGETABLE JUICE 15 SeeNews Industry Report

MANUFACTURE OF 1,213,294 1,346,294 1,355,588 17 HOMOGENISED FOOD PREPARATIONS AND DIETETIC FOOD Debt-to-assets ratio of the companies in the industry is 0.56 MANUFACTURE OF ICE CREAM 1,074,929 1,177,786 1,183,262 42 in 2015. It was 0.57 in 2014 and 0.59 in 2013. MANUFACTURE OF OTHER 861,554 906,983 911,539 401 FOOD PRODUCTS N.E.C. According to market experts, the greatest impact on the PROCESSING AND PRESERVING 820,278 849,500 854,111 18 development of the Manufacture of food products industry OF POTATOES has amortisation expenses. In 2015 it stood at BGN MANUFACTURE OF MACARONI, 331,063 353,188 361,656 32 272,352,000, according to the financial statements of the NOODLES, COUSCOUS AND companies in the industry. In 2014 the figure was BGN SIMILAR FARINACEOUS 249,368,000 and BGN 250,809,000 in 2013. PRODUCTS MANUFACTURE OF BREAD; 300,212 311,056 313,439 2,862 MANUFACTURE OF FRESH PASTRY GOODS AND CAKES VI. EMPLOYMENT

The total indebtedness of the companies in the Manufacture A total of 79,725 people were employed in the Manufacture of of food products industry was BGN 4,260,269,000 versus food products sector at the end of 2015, compared to 75,203 BGN 4,013,115,000 a year ago. In 2013 the industry's in 2014 and 82,133 in 2013. indebtedness totalled BGN 3,935,893,000. NUMBER OF EMPLOYEES BY INDUSTRY SECTORS SECTOR NUMBER SHARE OF INDUSTRY'S INDEBTEDNESS BY SECTORS (BGN) INDUSTRY TOTAL SECTOR 2015 2014 2013 MANUFACTURE OF OILS AND FATS 730,781,000 535,125,000 432,074,000 MANUFACTURE OF BREAD; MANUFACTURE OF FRESH 21,991 27.58% PASTRY GOODS AND CAKES OTHER PROCESSING AND PRESERVING 478,666,000 454,071,000 427,268,000 OF FRUIT AND VEGETABLES OPERATION OF DAIRIES AND CHEESE MAKING 7,849 9.85% MANUFACTURE OF BREAD; 462,027,000 471,264,000 481,809,000 PRODUCTION OF MEAT AND POULTRY MEAT PRODUCTS 6,619 8.30% MANUFACTURE OF FRESH PASTRY OTHER PROCESSING AND PRESERVING OF FRUIT AND 6,401 8.03% GOODS AND CAKES VEGETABLES OPERATION OF DAIRIES AND CHEESE 441,622,000 460,666,000 425,253,000 MANUFACTURE OF RUSKS AND BISCUITS; MANUFACTURE 5,632 7.06% MAKING OF PRESERVED PASTRY GOODS AND CAKES MANUFACTURE OF GRAIN MILL 322,158,000 305,950,000 304,747,000 PROCESSING AND PRESERVING OF MEAT 4,968 6.23% PRODUCTS PROCESSING AND PRESERVING OF POULTRY MEAT 4,357 5.47% PRODUCTION OF MEAT AND POULTRY 277,079,000 302,387,000 300,380,000 MANUFACTURE OF COCOA, CHOCOLATE AND SUGAR 3,605 4.52% MEAT PRODUCTS CONFECTIONERY PROCESSING AND PRESERVING OF 258,459,000 260,568,000 289,683,000 MANUFACTURE OF OILS AND FATS 2,932 3.68% POULTRY MEAT MANUFACTURE OF OTHER FOOD PRODUCTS N.E.C. 2,824 3.54% PROCESSING AND PRESERVING OF MEAT 246,365,000 243,005,000 249,170,000 MANUFACTURE OF GRAIN MILL PRODUCTS 2,789 3.50% MANUFACTURE OF PREPARED FEEDS FOR 205,584,000 124,709,000 150,736,000 FARM ANIMALS MANUFACTURE OF PREPARED MEALS AND DISHES 2,297 2.88% MANUFACTURE OF COCOA, CHOCOLATE 204,729,000 229,096,000 220,047,000 PROCESSING AND PRESERVING OF FISH, CRUSTACEANS 1,634 2.05% AND SUGAR CONFECTIONERY AND MOLLUSCS MANUFACTURE OF OTHER FOOD 135,292,000 104,185,000 112,247,000 MANUFACTURE OF PREPARED FEEDS FOR FARM ANIMALS 1,570 1.97% PRODUCTS N.E.C. PROCESSING OF TEA AND COFFEE 827 1.04% MANUFACTURE OF RUSKS AND 127,263,000 153,522,000 159,146,000 MANUFACTURE OF CONDIMENTS AND SEASONINGS 769 0.96% BISCUITS; MANUFACTURE OF PRESERVED MANUFACTURE OF ICE CREAM 574 0.72% PASTRY GOODS AND CAKES MANUFACTURE OF PREPARED PET FOODS 529 0.66% PROCESSING AND PRESERVING OF FISH, 55,035,000 54,703,000 44,902,000 CRUSTACEANS AND MOLLUSCS MANUFACTURE OF FRUIT AND VEGETABLE JUICE 389 0.49% PROCESSING OF TEA AND COFFEE 43,718,000 31,500,000 24,024,000 MANUFACTURE OF HOMOGENISED FOOD PREPARATIONS 337 0.42% AND DIETETIC FOOD MANUFACTURE OF ICE CREAM 40,993,000 43,255,000 39,333,000 MANUFACTURE OF STARCHES AND STARCH PRODUCTS 281 0.35% MANUFACTURE OF PREPARED MEALS 39,874,000 37,680,000 41,250,000 AND DISHES MANUFACTURE OF MACARONI, NOODLES, COUSCOUS 241 0.30% AND SIMILAR FARINACEOUS PRODUCTS MANUFACTURE OF SUGAR 36,327,000 64,175,000 73,685,000 PROCESSING AND PRESERVING OF POTATOES 164 0.21% MANUFACTURE OF FRUIT AND 35,101,000 35,569,000 53,724,000 VEGETABLE JUICE MANUFACTURE OF SUGAR 77 0.10% MANUFACTURE OF STARCHES AND 34,098,000 38,326,000 35,097,000 MANUFACTURE OF MARGARINE AND SIMILAR EDIBLE FATS 69 0.09% STARCH PRODUCTS MANUFACTURE OF PREPARED PET 33,083,000 12,534,000 11,090,000 FOODS MANUFACTURE OF CONDIMENTS AND 17,885,000 20,488,000 29,510,000 SEASONINGS MANUFACTURE OF HOMOGENISED 10,532,000 9,920,000 5,337,000 FOOD PREPARATIONS AND DIETETIC FOOD MANUFACTURE OF MARGARINE AND 8,920,000 5,666,000 6,729,000 SIMILAR EDIBLE FATS MANUFACTURE OF MACARONI, 8,611,000 8,322,000 11,376,000 NOODLES, COUSCOUS AND SIMILAR FARINACEOUS PRODUCTS PROCESSING AND PRESERVING OF 6,067,000 6,429,000 7,276,000 POTATOES 16 SeeNews Industry Report

7,849 6,619 8 DIMITAR MADZHAROV - 2 OOD 562 0.70% 9 PRESTIGE-96 AD 542 0.68% 6,401 10 OBEDINENA MLECHNA KOMPANIA AD 500 0.63%

21,991 5,632 The Manufacture of food products industry is the 6th largest employer in the country with 79,725 employees with the largest employer being Retail trade, except of motor vehicles and motorcycles with 218,362 and Libraries, archives, museums and other cultural activities at the bottom with 60 employees.

The Manufacture of food products's share in the country's total employment was 3.57% in 2015, 4.08% in 2014 and 31,233 3.87% in 2013.

Manufacture of bread; manufacture of fresh pastry goods and cakes We expect, based on the trend in the last three years, the Operation of dairies and cheese making number of employees of the Manufacture of food products Production of meat and poultry meat products industry to change at a compound annual growth rate (CAGR) Other processing and preserving of fruit and vegetables of -1.48% in 2016. Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes Others

The analysis on companies' sizes by the number of employees, shows that 3818 firms have less than 50 employees*, 343 have between 50 and 250 employees* and 31 companies employ more than 250*.

* Companies without data in the number of employees at end of the year are not taken into consideration.

3 900 3 818 3 600 3 300 3 000 2 700 2 400 2 100 1 800 1 500 1 200 900 600 343 300 31 Small Medium Big

The employees of the leading 10 companies in terms of numbers make up 10.49% of the workforce in the industry in 2015.

TOP 10 FIRMS BY SHARE IN INDUSTRY'S TOTAL NUMBER OF EMPLOYEES RANK COMPANY NUMBER OF SHARE EMPLOYEES 1 ZAHARNI IZDELIA VARNA OOD 1,564 1.96% 2 NESTLE BULGARIA AD 1,484 1.86% 3 PALIRRIA BULGARIA AD 900 1.13% 4 CHIPITA BULGARIA AD 785 0.98% 5 PILKO OOD 707 0.89% 6 ELIAZ OOD 684 0.86% 7 MESOKOMBINAT LOVECH AD 639 0.80% 17 SeeNews Industry Report

The industry is represented by the following companies

DIKSI - SZ OOD AGROBIOMED EOOD ET BULMEKS ATANAS ATANASOV FAMILIYA NIKOLA EOOD DIKSI EOOD PIMENS OOD ET DZHEAR - NENKO ANGELOV BUTIK BEYKARI EOOD DZZD BALGARSKI HLYAB I ZAKUSKI ET AVANGARD - NIKOLA BAYCHEV IVEL - ZAHARNI IZDELIYA EOOD MELNITSA STRALDZHA EOOD KARMENITA OOD KEY DZHI DABAL YU FOOD SARVIS OOD ET MIRO - PETAR PETROV ET ELINKA BEM - BOYCHO GUTSALOV ET MIG - 91 IVAYLO GARBOV ET DZHULI - NEDKA ARNAUDOVA PEKARNI DRAGIEVI EOOD ARONIYA ALAYF AGRIKALCHAR EOOD STALKER BG EOOD VIVA - POLI EOOD GANCHEV OOD ET CHERISA CHERESHKA IVANOVA ELFRIDA-62 EOOD BATERFLAY EOOD NADYA TSONCHEVA EOOD IMPERIYA OOD TE MAR 2014 EOOD SIMEON BA - 2013 EOOD PREON EOOD NATUR AGRA EOOD ETAR 2014 EOOD BOZHKOVI OOD HRANMIKS OOD ET SIANA SIYKA ANEVA ET KLUB NA FUTBOLISTA TS STANISLAV VET PARTNERS OOD ET CHAYKA - 5 - PETRANA ZAHARINOVA ET GABI - MIROSLAV IVANOV LYUBENOV ET RA PIDAKEV - STEFAN PIDAKEV HIDRO STROEZHI EOOD YA-YA UBO GA EOOD ET SVETLANA - DIMITAR VATEV REGAKO EOOD ET PAVLIN NETEV - PAM EVEREST BG 2010 EOOD ET MOKA BORISLAV GASHTAROV ET YORDAN KARAKEHAYOV PLEVENSKI HLYAB BG EOOD ET DEBORA 93 - GINKA VALKOVA ET STANIMIR DIMITROV SD EROL-67-LOLOVI I SIE A KONSERV EOOD BIO FRUTS EOOD ZLATEN KLAS 2010 EOOD KAP VRACHEV 15 EOOD PETROMEL 1 OOD VARHAT OOD ET MERI - AHMED CHAKAR AGENTSIYA BULSAI EOOD EKS FAKTORS EOOD BISER OLIVA AD GLOBAL FOOD COMPANY OOD AMORINI OOD IMDO OOD ET MIROSLAV ILIEV-MIRO POSEYDON 2003 OOD KALIMERA VASILIS OOD ET MITI VILMA ILIEVA RUMEN ILIEV LECHOVI - DR EOOD KAAN 21 EOOD ET ATANAS HANEV AM AM - BG EOOD KRIS-OIL-97 EOOD ET HEPI-EMIL VELIKOV APTEKARYAT AD ES EM KEY NUR OOD MERAKLII 2013 EOOD LITAL ITALI 1982 OOD KUIN BARGAR BULGARIA OOD ET ZHIKA - ZHIVKA GEORGIEVA KAZA DI FARINA EOOD AVIDAR EOOD VIENA 2010 EOOD ZHITARA OOD UNI-MIKS OOD ET RADOSLAV ILIEV AERKRAFT EOOD KRISBOR OOD ET VASILKA TOMOVA SD MOLTEN HRISTOV I S-IE, GENERAL PLODEKS OOD TIARA-2013.BG OOD TIMEKS OOD PARTNERSHIP DAREYA EOOD DEYLI FUDS AD RIO INVEST OOD GRIMIT EOOD IV 2000 - 69 EOOD ET KRISTIYAN DZHINSOV ET IRIDA - VELICHKO DIMITROV NOVIRA EOOD GEOMEKS - INZHENERING EOOD ARDA - 1 EOOD CHIKO TREYD EOOD ET DENI-DENISLAV DIMITROV-ILIYAS ISLAMOV ET SANIE IBRYAMOVA DZHEY GRUP 11 OOD FUUD TREYD EOOD ET MAKEDONKA MITSEVA DONI-M ET DANIELI - MATEY BRAYKOV GND VENETSIYA ZAHARO OOD VALGRUP EOOD TOP-KONSERV EAD DZZD MILINA BIOPROGRAMME AD ET DZHURKOLOV- IVAN DZHURKOLOV ET IVAYLO MILENA STANCHEVA ET OKSANA MLADENOVA LOTOS MITKO DIMITROV EOOD ET ZHEFA - FANKA KALAYDZHIEVA TSERERA EOOD ET MILENA - DENCHO KALESTROV ET ZHIVKO VARBANOV RODOPA TROYAN OOD NIKOM - 81 EOOD MILTEKS-KK EOOD HADMAN 63 EOOD DENITO OOD BULMASHENGINEERING OOD ET INTEST - ASAN RUPETSOV ET PLASTIK 73 ET''SLAVINA PISHEVA-MISHO'' ET ROSI 57 - VASIL RUPANOV LAKOMO EOOD SONGURLARE-54 STOYU APOSTOLOV SD PETROV I KOLEV ALANDA EOOD ET SAMET - FARUK KADIR DENI - MAR 2014 EOOD GOLD TAYMS 1 EOOD IRA 999 OOD ET PALAS IVELINA TODORCHEVA ET SILVA TRAYKOVA SOLEDONT OOD ET MEDVEN - KRASTEYU KRASTEV ET VALENTINA-MMML-STANIMIRA ILIEVA DONAU SEEDS OOD ET RAP - RUMEN PELTEKOV ERSA 2007 EOOD PASTA M I P OOD ET ILIEV-IG-ILIYA GOSPODINOV STANCHO HADZHIDIMITROV AD ET ZINA - ZINA TODOROVA ALMI SUIT EOOD ET SVETLANA 99 - IVAN ILIEV SHAKLIYAN EOOD SOLVEX - MIRA - FRUKT AD KARIMAKS EOOD ET PELION 58- PETAR PENKOV ANDREEV 69 EOOD ET PETRELIYSKI 61- DIMITAR PETRELIYSKI ADIS-11 EOOD ET P.M.P. - BULGARIA - PETKO PETKOV HANTEY AD ET ROZHEN-DETELINA VASILEVA VITANEA OOD SAFUT EOOD ALIANS FOREYN TREYD MARKETING OOD ANARA-1 OOD RIGANA AD BIO EM DI - 1 EOOD SEMELA - DENITSA PENEVA ET KA METODIEVI EOOD BEYK END TEYK EOOD FURAZHI AD ET VALENTINA - LYUBEN - VALENTINA PETROVA KONSULTING 09 EOOD KADYOVA - 52 EOOD ABI 86 EOOD PERSENSKI OOD ET ALEKSANDRINA SPAS POPOV VE-VAS-63 EOOD ASEN ASENOV 70 EOOD ET DESI M - METODI METODIEV SIRIUS 63 EOOD ET DZHAHES-ALEG DZHAMBAZOV ET MEMO-78-MEHMED MYUMYUN FLOREKS EOOD EOOD SIM 08 ELIS OOD ANESKO OOD ET-KYOSOV-51-NIOSLAY KYOSOV OAZIS EOOD SHAMI 94 EOOD P.A.L.-BG OOD MOD VISTE OOD KRISTIS - 91 EOOD NIPEKS-N EOOD BALGARSKA SLADOLEDENA KOMPANIYA EOOD JGV BULGARIA OOD ERKO 2002 EOOD GRAFITI SG EOOD ET DANSIS - SILVIYA GETOVA TEDI 05 EOOD NDN BAK EOOD TANINA - 2 EOOD KRASIMIRA-12 EOOD GENIDIS 2015 EOOD KALI - 98 EOOD SELIBIUM DZZD BIBI INVEST EOOD MARTIN ATL EOOD NES PAK EOOD ET DANI - 83 - STOYAN IVANOV BOLGAR KONSERV OOD MAGIMEKS OOD AISIS OOD ET STOKAT STOYAN ZEMYARSKI INTERMES OOD SAP OOD MAUNTIN BIO OOD ET IVAN KOEV PASHOV YAR EOOD GIBI-99 EOOD ET AGRES ELENA ATANASOVA EFROTEM 2013 EOOD ABI GRUP EOOD DIMITRA OOD IZGREV - 2006 OOD NAYS END FRESH GRUP EOOD MALCHANKOV OOD 18 SeeNews Industry Report

OOD GEOBOY 2009 CECH JOSEPH NOVOSAD OOD BALGARSKI YOGURT OOD IV DZHUNIAR EOOD KOKO KOMERS OOD KLAS-A I SIE EOOD ET BORYANKA - DIMITRINKA STAVREVA MELANI-2002 EOOD DUTSE EOOD TED IGLIKA - EOOD ET AN NEZHDET ALI LA BAGET FABRIK OOD ENDELVAIS EOOD STELIVAN EOOD IVEKAS DIKRA FUUDS EOOD ANTONI I VALENTINO 02 EOOD BEYKARI MM EOOD INS-91 DZZD MARSI OOD ET DESISLAVA - YANKO VASILEV VIKI 25 EOOD ET DIANA MANOLOVA I SIN NATSTIM EOOD ET SARA - ROSEN KOSTOV OBSHTESTVEN KLUB FURNA EOOD ET SUNAY 2008-AFIZE CHERKEZOVA ZP ELENA MILCHEVA OOD VALYA 2008 EOOD KANDI S.A. OOD RAKITA - R EOOD 2M NONOV I SINOVE ABI TREYD 2015 EOOD ANIMEX 98 EOOD ET MELANTO YORDAN ALEKSANDROV MADLEN PATISERI EOOD DENIA OOD SIMID-VM EOOD SONAR 01 OOD PEKARNA BG 1 OOD ET RUBI BALINOVI - IVANKA GEORGIEVA HERBAMEDIKA EOOD HLYAB I HLEBNI IZDELIA EOOD MERILEND - 2013 EOOD ET EROL REMZIEV - ENAM BRES KOMERS OOD ET SPAS - 2007 - SPAS MILKOV GABRIELA EOOD PETAR I PETAR EOOD SHALAMANOV 79 EOOD ET VANYA NAYDENOVA - VANESA 95 PENO INVEST EOOD ET KRIS 88 - EMIL TODOROV DERBI - 97P EOOD ET ANGEL KARAMFILOV KOMERS ET KART ASF ALI ALI KIB 2010 EOOD ET GORSKA SRESHTA- POLYA GEORGIEVA NIKOLINA ALENDAROVA SOLE TRADER SMM COMMERCE OOD NIKSELI EOOD M I M EOOD ET LILYANA VATSEVA ET IVAN VASILEV AMON EOOD ILIYANA-98.BG OOD LAF - VELIZAROV I S-IE SD O SKARI OOD ET MINLET ASLANOVA - MILI ET SELNAY-SYUDIE IBRYAM SAB INZHENERING 55 EOOD ZAHARNO PETLE - GEORGI KOYCHEV GEORGIEV SANI - YUS EOOD ET TSUNAMI - TSVETAN CHOLAKOV FLORA 04 EOOD BASARIKS EOOD ET GEORGI KARADZHOV - VESELA KARADZHOVA ZARNEN KOMPLEKS EOOD ET VELICHKA KAFKOVA -TARTALETI ET 'SIY KO LIE - SIYKA KOLEVA' DENIZ - ADEM IBRAHIMOV ET ET ELIS - ELENA IVANOVA ET REGAL KOMERS HRISTINKA ALEKSIEVA ET IVA-IRIFAN KATARDZHYOLU DIDKO 78 EOOD ANIKO GEORGI DOYCHEV ET SIG 55 STEFAN POPOV ET FILADELFIYA-VALERI VLAESKU ET DIDOMEKS EOOD KOVEG MLECHNI PRODUKTI OOD DEMETRA OOD GAOKAN - 93 EOOD BRAVO GRUP OOD HLEBOZAVOD TIMS EOOD MILENA 98 EOOD ET MARINOV - STEFAN PETROV KRIS - L OOD ET RUMEN RUSEV SELO HITRINO OBLAST ALPI KOMERS OOD BI-YUFUD AD SHUMEN ATLANTIK KO EOOD SHOGUN EOOD SOTIS 2015 EOOD ET DETELINA - HYUSEIN KARAKAS VENAN 97 EOOD DENISLAV EAD VINPROM AD ET KONDOR-P.S.P. - PETAR PETROV BOBI 1970 EOOD ET MONIK DIMITAR DIMITROV PETAR DIMKOV I KO OOD ET STANIMIR LUNGOV ZAHARNO PETLE - GKG EOOD BIO BENYAMIN EOOD AY DZHI EY INVEST OOD EKO FURAJ OOD IMMORTEL EOOD BORISOV DRAGANOD EOOD KEHLIBAR OOD ET GESDI - GEORGI DOYCHEV SMILYANA 2010 OOD ZORNITSA-90 OOD PETIGO OOD GERI 2003 EOOD DELNIK - 1 OOD DALIYA FUUDS EOOD ZEMEDELSKI PROIZVODITEL MIHAIL MELEV SNELA EOOD KOOP MES SITI KORN OOD DE VI TA 2015 EOOD PAYO 90 OOD INOFUUD OOD ONIKS DIMOV EOOD ET SASHO BEROV-BAGRYAN BEROV ET TERI-2000-ROSEN VASILEV ET DIN-KOSTADIN ANGELOV SHANDI - ANGEL YOVCHEV EOOD BALGARSKI OREH OOD AGROPLASMENT-92-V AD KOMEKSIM B EOOD PEKARNA VARNA OOD DALEKS GRUP OOD KARBAYO EOOD MATIS FISHING EOOD PROFESIONALNI FENERI EOOD DARSHOP 3 OOD OOD KAPLAN DESI PROMTEH OOD SAVKO DIMITROV EOOD EKOPRODUKT MEGIYA EOOD SVETLINA 92 EOOD ET DESISLAVA I KALOYAN - D.IVANOV EVRIDEYS DONATS OOD ET ROSITSA FLOREVA-61 ET FENIKSTUR - KRASIMIR GERENSKI YORDAN RALEV 90 EOOD MEGGLE BULGARIA OOD ET DIZHA IVAN IVANOV GEORGI ZASHEV EOOD AYCHA 2015 EOOD ET SAVOV - DIMO DIMOV ET ELDIKO NELI MITEVA KOLDRUM TREYD EOOD ET ALBENA 91 - TRIFON STEFANOV SHERI 76 EOOD ET SANI - SVETLA KOVACHEVA NITA 96 EOOD M DZHI 1 EOOD MEGA REKS 2010 EOOD PUERTO DE VINOS EOOD MILKI LUKS EOOD ET KARLAK - HM MIPA - 2011 OOD BUKET EOOD ET KRASIMIR PAVLOV MILANOV DOVERIE 93 OOD SYULYUK EOOD ET HYUSMAN-50 - NEVRIE MIMAN LANA MEL AD PEKARNA NOMER 1 OOD ET ZHASI-ZHASMINA TOMOVA OOD GERGANA I SIN 75 ET MIHAIL NIKOLOV EN EM PRODUKSHAN EOOD NIK - DIMITAR RASHEV ET BAL-KLAS OOD EKO MES EOOD VESIANA - ANA MIRCHEVA EOOD OLINESA OOD GEOSTROY ENGINEERING OOD ANI GRUP EOOD AGRAKOMERS YAITZA I PTITZY AD ET EBAZIR - 68 - EBAZIR HAMID ELVIN.K EOOD TEMPO 2 EOOD PLAMEN DISHKOV-58 OOD IVAN IVANOV ELVI 6 OOD BRATYA MARTINOVI-2011-TSH OOD YOSIFOVI 2014 OOD ET DZHEMLYA MOLLA NOV VKUS INTERNESHANAL EOOD NESI-2014 EOOD BUTIK-DEKOR OOD ARACHIEVI OOD ET BASH MAYSTORA YOSKO - ANDREY ADZHOV LELYA OG NINA EOOD VITA PRIMA EOOD ET VRABER - IVAN ANDONOV OKEY EVGENIY 66 EOOD ET FENIKS-AYSHE KERDAKOVA ET TOSHKO YOSIFOV DIYANA 2002 ECO FOODS - BG OOD ET DELKA KICHEVA FULMAKS OOD AGLAYA 8 OOD ET TSVETAN PENCHEV ET IVAN GEORGIEV - FOKSI RAF OOD DZHAMBAZOVI-2011 EOOD SANI DROPS EOOD VELIKDEN-DETELIN PETKOV EOOD VGS - ELI 5758 EOOD YANKA ARABADZHIEVA - BH EOOD RUBAL EOOD KEN AD ET ANNA BUKURESHTLIEVA ZHITEN KLAS - ALEKSANDROVA EOOD ET HOLI - ZHOS - VALENTIN KOZHAROV VINI EOOD DOROTEYA - 6989 EOOD SHERIFA 3 EOOD RUSHI SHANS - 2 EOOD EDELVAIS - 77 EOOD NIKOL 05 OOD ET AFRODITA - STOYAN ANGELOV - ATANASKA STEZIS-STEFAN STOYKOV ET OPTIMAL NUTRITION OOD ANGELOVA ET PETYA DIMITROVA -DIMITAR DIMITROV SPEKTAR-KOMS OOD TERATREYD BULGARIA OOD -IZVOR ET PEBAL - SNEZHANA MADZHAROVA ET STELA-M IVAYLO MARAZOV NAPRAVENO S LYUBOV EOOD ET EMI2010- EMNE BAL BULGARIA EOOD ET DIMIVAN - DIMITRINKA SLAVOVA UOSH END GOU - MTS OOD VIVAREKS OOD MAKRIN 2003 OOD GUD TEYST OOD TRADEL GRUP EOOD KOOPAS - STEB OOD ET ZHAR - P.KOKANOV - ZH.KOKANOV BULCONS PARVOMAY AD ET AGROGARD-YANKA SABANOVA ANTOAN 07 EOOD MALINA 2 EOOD ET KIKI - KARAMFILA IVANOVA - IVAN IVANOV 19 SeeNews Industry Report

ZONA PHARMA OOD ET BYALA AKATSIYA YOVKA STOYCHEVA TAGARA EOOD ET PLAMEN NIKOLOV-BLAGO 66 RAMDEKS FUUD EOOD YOVIS DONI M EOOD ET GABI - GALABINKA LOZANOVA MATSOLA 2008 EOOD MAGI KOM - 1 EOOD AN - DZHI 03 EOOD BUROV EOOD ET VILMA TANKULOVA - SASHA BULGAR DVOR OOD ET BIRSEN OSMANOVA - BIBI ET YUNGA-YUSEIN RAZIM HIBRIDEN TSENTAR - INVEST OOD BONI OBOROT VELINGRAD EOOD MISTAR SUIT EOOD YOLINA 0493 EOOD FRIDZHEN EOOD NATSIONALNA DISTRIBUTSIYA KOMETA OOD OOD GLOBAL KOMMERS CIMA-99 OOD SLAVIANKA AD FOBOS OOD ET SAYUZ PLAMEN MITOV KONROL OOD YANA 93 EOOD IYA 66 EOOD ET SHAMI - SHABAN MUSTAFA BORIS TRETI EOOD ET 'NEGI - PENKA PETKOVA' KALAS 2002 EOOD UAYT STAR TREYD OOD ET SLADKAR - TODOR GRUDOV KOSHARITSA HLYAB EOOD ET PLANEKS - KRASIMIR SVRAKOV FRANKO EOOD BOR CHVOR EOOD BULGARPLOD-SOFIA AD DRAGANA ENTAPRAYZIS OOD EYNDZHAL 83 OOD GYUZELEV-99 OOD BIODEN EOOD EN DZHI BEYKARI EOOD ET A I G - GEORGI CHESHMEDZHIEV MESARITE VN EOOD ET SYUDA - ASEN DIMITROV ZARYA - 2000 EAD MIO OOD ALINVEST 2014 OOD TIGAR MES OOD ALPI-91 EOOD RODOPEYA - BELEV EOOD SATKO OOD BETYUL OOD EKONAT OOD MN PARTI OOD EKO ASORTI TR EOOD TINO OOD BIOVIT EOOD ALEKS 83 - K.D. EOOD ET CHOKI DANIELA TABAKOVA ZHELEV - 96 EOOD ANDREEV 13 EOOD ELENA MES OOD ORGANIK BG EOOD ISMAIL AHMEDOV - ISMA EOOD MARI 52 EOOD AGRO - OIL OOD BULIAN EAD DEYVID FUNGI EOOD DOIT EOOD STEFIYAN EOOD EKO-F EAD MM KOMERS BG EOOD FURAZHNI HRANI OOD EKOTSET OOD DIKONIS EOOD ET ELI 82-MIGLEN MERKOV ITALFRUIT EOOD ET DIDI - 2000 STOYAN MITEV ZAKUSKI KATI 1 EOOD POLI 2014 EOOD SAROVI OOD AYDO-2009 EOOD ET SHENSI-HEROL ALIEV MIROSLAV KUZDOV LILOV MA BEYKAR OOD ROS MENIDZHMANT GRUP OOD STEFANOV - IVAN STEFANOV - 04 EOOD 3 STARS TREYDING EOOD KOSMOS SAP 99 EOOD KRASI TREYD BG EOOD ELIMER 79 EOOD ET TSENKA KIRCHEVA ET ALEKS-M-GOSPODIN GOSPODINOV VILI - 62 EOOD ET VALI-VALERI STOEV MIROSLAVA 2015 EOOD KATERINA KOSTADINOVA72 EOOD ET STEFKA ASENOVA - STEFI SLAVYANI-BG80 EOOD ZET 1 OOD MEDINA KK OOD ET T I V - STOYANKA DICHEVA ET BAMZI VIVA ENERDZHI EOOD OYLIN EOOD TOPILA GRUP EAD STERADI OOD ET FILIPOPOLIS SPORT - DIMITAR HALACHEV VESELINA TRADE EOOD MEYKING EOOD OK I OL EOOD ET TSVETOGOR TSVETAN GORANOV MALTO AD TIROL - P EOOD MICHONI 50 OOD MELI - 2014 EOOD RADI 1938 EOOD E I M PERFEKT EOOD ET VIGIPEA-PETAR TRIFONOV MAGITON 78 EOOD MILENIUM 2012 EOOD ET KREMENA KYUCHUKOVA-STELA-SLAVKA VASILENA OOD BULGAREKOPLOD EOOD KYUCHUKOVA KATRIN - KO EOOD AVTOTINK OOD OLIVA 2007 EOOD ET ELENA MIHTARSKA VIOLETA MANOLOVA ET NOVA ZVEZDA- 2013 EOOD ET VALENTIN KARADAKOV-DANI FIESTA 13 OOD FERONIA EOOD ZAHAREN KOMBINAT - PLOVDIV AD DESI 004 EOOD MELGRUP OOD B I T OOD PROLET 06 OOD AYA 19 EOOD HAVAY - 4 OOD ET MIRELA 2000- YORDANKA STEFANOVA VANYA VELEVA 1160 EOOD DEVAS - N OOD ET SVETLIN MARKOV - MARTI VLADI 100 EOOD MILK GRUP EOOD TSVETINA - 2013 EOOD NIKO - NAS EOOD INTER S 2000 EOOD DAKSAR OOD ET BEKO-CHOLAK - HASAN CHOLAK MITAK OOD IRIDA SHOKOLAD EOOD MEVGAL BULGARIA EOOD NIKOLOV I KO VARNA EOOD AS BI FUUDS EOOD BALGARSKA TRAPEZA OOD SORTOVI SEMENA SOFIYA AD YU E S-KOMERS OOD VALKA EOOD ET MAK MEHMED KATARDZHYOLU MARGOS - 2 OOD GASTRONOM KETARING EOOD YUBOTOM EOOD ET FOLK 3 STOYAN SHOPOV FRESH - 12 EOOD MAY DRIYMS VARNA OOD ET KALEYA-KIRIL HRISTOV TOPACHINTO-2014 EOOD ET IVETA - SN 2 - MARIYA NACHEVA' VIBO OOD LINEKS EOOD EOOD ET MIGLENA DESPODOVA -MIO HLEBOZAVOD STRAZHITSA OOD A I S - 2002 EOOD SUROVA EOOD PAUAR STARS EOOD SATO 2013 OOD TEDIVA 2014 EOOD ET NEYCHO GRACHKI N.I.A. 2008 EOOD STOUN 22 EOOD BEST KEYKS EOOD ET KRASI - KRASTINKA AHMEDOVA MIKI 2004 OOD LIPNIK-SVINEKOMPLEX NIKOLOVO OOD GERO GRUP-1 EOOD G.K.V. EOOD GENS-EM EOOD TERI 15 EOOD TODOR KIRILOV ET ELISA 74 OOD TSENTRAL KOMERS - 61 EOOD ET KAROV-M68 - MUSTAFA HYUSEIN ET ADI GANKA PENCHEVA GYUSI 1 EOOD ZELO HANI EOOD DANA 2008 EOOD ET GEORGI DONEV YORDANOV DI KEY - HELFI FUUD EOOD KOLER-D OOD VIKI - 08 EOOD RADANCHEVA EOOD DOBRUDJANSKI HLIAB AD D-R VASILEVA EOOD AMBROZIYA EOOD VIVA A I M EOOD MISHO I SIE EOOD ET INTERVAZ V - VIOLETA TODOROVA ET ISTAR-RUMYANA PANYOVA EOOD SIDEROV A KARIANA EOOD ET GEORGI TERZIYSKI RALITSA 22 FABRIKA ZA PROIZVODSTVO NA BISKVITI-AN-EM SOFIYSKI ZAKUSKI OOD NOTORIO OOD OOD ET DANIELA-GANCHO GANEV RAI 2004 OOD BLACK SEA FISHERIES - BOURGAS AD DELYO VOYVODA MILK OOD ET RAZTSVET-RDP-TSVYATKO SAMODIVEKOV DEYZIS KEYKS EOOD KAMENOV 2002 EOOD STELA - 77 EOOD GALYA VE ALEKSI 2021 EOOD SINANSKI OOD RUDI ENERDZHI OOD VASIL GRIGOROV-07 EOOD PETKOV I TASHEV OOD IYTLITAL BULGARIA EOOD ES MIZIA OOD MESINA-BG EOOD ET ZHECHO ZHECHEV VALAS - STOEV I SIE SD LODIS INVEST OOD EOOD KRONOS 2004 ET EDELVAYS - MILEN TASHEV EMEL 1 EOOD TORNADO FUUDS EOOD TEVA GRUP BULGARIA EOOD ORHANZA EOOD AGI-3 EOOD VELIKO OOD ET TSVETANA KYURCHEVA-TANYA-GS-LIDIYA RUSHI SHANS GYUNAY EOOD ET SPEV - 49 - PANAYOT PANAYOTOV MITKOVA TEOR 2008 EOOD EKO MILK VIDIN EAD ET GEYA IVAN KALACHEV BE - DI SANKO EOOD ET IVA 91 IVANKA KANEVA KOREKT-89 EOOD GOLDI 2000 EOOD ET DIMITROV-TSONEVA-DENCHO DIMITROV RADOPSKA SALZITSA EOOD 20 SeeNews Industry Report

PEKARNA TRAKATA OOD PROTEIN ZOO GROUP OOD ET EMANOELA NEDELYA TRAYKIVA SOLTI - 85 EOOD ZEMYA I HLYAB - RILA EOOD EN I KO OOD VELIKOVI OOD ASTARTA OOD ET ZHAKLINA - ZHIVKA GEORGIEVA ET SYURPRIZ-ANDREY NIKOLOV ZARA TREYD 08 OOD AGROVIT OOD ET DELCHO DELCHEV - GELA DELCHEVA ET STOYAN MANOLEV PODPRAVKI KOM EOOD NIKSEN OOD ET NADYA NIKOLAEVA NIKI 2001 EVROTREYD 07 EOOD KONSERVNA FABRIKA PETRICH EOOD DELFIM-35 EOOD KOLEV - MES OOD ET FERDI - STEFAN STOYANOV PILESHKI PRODUKTI EOOD ET MARINELA SIMITCHIEVA POBEDA AD REAL AGRO OOD ET NASLADA-NIKOLA SLAVOV ET LEGAL - VASIL GEORGIEV EMH BG EOOD VZHK - RODOPA NOVA ZAGORA EOOD ET DIMITAR PETKOV - VALDIRENE FRUT KOMERS 77 EOOD TURITA OOD BRED LEND EOOD DIANA OOD PANI 69 EOOD SANIKA MID OOD VIENA STIL OOD PIMEL FUDS EOOD FUUD SARVIZ END DRINK EOOD PRELINE EOOD ET ITARNAL ART BIOMAGIYA OOD VIP KOMERS OOD KATI 69 EOOD NV HERBAL-ANKA VALKOVA ET ET ALEKS - ZLATKA ALEKSANDROVA SERAFIMOV EOOD IVO-KG OOD ET PARAPINA TODOR VALKOV TRIFO 1 OOD STOILOV 06 EOOD NIVO BG OOD GO GRILL OOD ET MARIYA ZHEKOVA - DESI HLIAB I HLEBNI IZDELIA OOD ET KIBO - KIRIL PETKOV AHIL - VASILEV OOD ET YOVKO RONKOV VALTIKA-TERA OOD ET KATYA TODOROVA -DANI LAKASTA EOOD APOLON OOD ALEKS-NANA EOOD ET ZLATKA GUSHEVA OLIMPIYA - 57 EOOD MILK AGRO FUUDS EOOD SUDE - 07 EOOD MONITA OOD DEKADANS - DIMITAR SHISHKOV ET ALMAR SEAFOOD KRAGO TREYD EOOD HERON TREYD OOD PERLA 04 OOD DESI 90 EOOD VESI KALAMARYAN EOOD DAMART-91 EOOD ET RADOST - PETAR MITEV MITEV ET DESI 92-DESISLAVA YOTOVA 1914 HOT BEYKARI EOOD ET NEVI - NEVENA YAKUBOVA KRASITA-1 EOOD ET HADZHO 65 - HADZHIANGELOV DIK 98 EOOD TRI MORETA EOOD ET EVTA - 93 DENKA DIMITROVA BOLYARKA - OYL EOOD BOZMOV EOOD DZZD NYUSIMEL ADIKO 90 OOD ET TANZHU - HAYRETIN ISMAIL ET LYUBOMIR PAVLOV-89 ET ROSA 46 - HRISTO YORDANOV ET NIKOLAY STATEV STEYTKOM 13 RADKO 08 EOOD ET GALYA ASENOVA-MURADO UNCLE CHARLY OOD MARITSA EKO EOOD BIOHERBA R OOD ET FRESHHAUS-KALOYAN SIMEONOV ET KVALITET -G.STEFANOVA KARAALIEV EOOD ET TSVESTA 2001-ANKA ATANASOVA TSVETANKA ZAGORSKA ET SOLE TRADER AGIS OOD EMIKULINAR EOOD BULDOV BULGARIA EOOD ET LIDIYA -MV - DIMITAR MANCHEV REDZHIYA EOOD ET ROSI RUSKA TRENDAFILOVA BON OOD ET NELI VELKOVA-RUBIKON ANI - KA - 2013 EOOD AZMI HASAN 50 EOOD PET PLYUS OOD ZHEST VELKOVI EOOD EVROKONSERV EOOD ET TANYA MINCHEVA HAVAY 66 OOD MONASTIRSKO ZEMEDELSKO STOPANSTVO EOOD BUTER EOOD NIKO-MILK OOD ET KSK - KARAMFIL KADEV FURNA NOMAD EOOD MOSYU EKLER OOD TOSKA OOD ET VAZKRESENIE-MARTIN ANGELOV DEMIRKOL PET OOD ANGEL SARANDIEV 2010 EOOD DZZD GYUL GRIYN DROPS EOOD LEYDI DI - 54 EOOD AYBILKAN OOD VALYON OOD ET NIKA 83 - NIKOLAY PETROV VERSUZ - 2012 EOOD NETSA 85 EOOD VALKO MARINOV - KALI EOOD ET MILENA CHOLAKOVA-90 KOTSE SISI 2008 EOOD SEZGIN ABDURAHIM OOD REPUBLIKAKONSERV AD ZIZI I NED EOOD VIKI 2 OOD ZARNENI HRANI AD METAL KAMPANI OOD ET SHISHO - BIROL MUSTAFA ET ARESIONE-KRASIMIRA ILKOVA KOOPERATSIYA REGINA ZHITIN KLAS EOOD PEGO UNIVERSIAL OOD GEORGI PETROV - KAMEN ET SOLE TRADER SD KINTI - TSENOV I PETROV AVANGARD 79-81 OOD STEVIYA EOOD NIKOLOV I KO KOKALCHETO EOOD PARCHETO EOOD KARDU OOD ALEKS 1977 EOOD LUKERIYA OOD SD K END K - ATANASOV I ENCHEV VOLEKS 2005 EOOD ET NASLADA VALENTIN STOYCHEV SD EKAZHOR-MASLAROVI ET DANI 95 - NIYAZI ALI ERA 2005 EOOD KAFETERA EOOD ET VIKI - DANIEL ENCHEV KAFE SALYUSHAN OOD MERONE-N EOOD TONY TRADING OOD RITON - 38 EOOD KUATRO DA BEST EOOD MUSTAN 2 OOD MIHAYLOV-GERI EOOD EVMAR-2006 EOOD KENA - G EOOD SOFIYSKI BANITSI OOD ET KALEV 48- IVAN KALEV INVEST MELI BG OOD MESOMANIYA EOOD ET BRIK-OP - OGNYAN PIRALKOV BULAGROTREYD-CHASTNA KOMPANIYA EOOD VALYO-2002 EOOD OOD KOMBINIRANI FURAZHI MATEV ITSO NYU EOOD STANTEKS-SK EOOD ET RADKA GEORGIEVA-RENI 93 KONSUL OOD DI EM BAZA VARNA EOOD AVALON VARDZHIN AD ET MIRELA KOSTADINOVA DIMOVA ET SELI-SEZGIN ABDURAHIM GERMAN BULGARIAN BUSINESS GROUP OOD NATURA FORTA OOD SHIRIN - 05 EOOD HAYKLAS TREYDNG EOOD INKO-HRISTO ARABADZHIEV EOOD TOTAL VINI - GR.LYASKOVETS OOD BYALA ROZA OOD SANPAK OOD ET BAY HRISTO - ANKA IVANOVA FZ POMORIE EOOD ET BANCHEV STEFAN BANCHEV ET TSVETAN YOSHEV ET FIK - FATME KARADZHOVA PIP TRADE OOD PART OOD RESTART - 15 EOOD ELENA - 2011 EOOD MARIQ STEFANOVA SOLE TRADER ET YOSIF BIKOV-KAZANLASHKA BANITSA TSVETKOVI 2005 OOD NYU OYL AD ET RANIMEKS-R-RANGEL SHISHKOV ET KOSI 90 - NIKOLAY KOVACHEV GRAND VIKTORIYA 2008 OOD VITAMAKS EOOD ARSLAN - 2013 EOOD EOOD OMEGA - 95 -I DEMIKA KK EOOD ADANIS OOD HAS INDUSTRIS OOD HLEBOZAVOD AD KRASTEVI-N OOD AMERS EOOD RADIKOM EOOD STIV-74 EKO TERM PRODUKSHAN OOD ET ARSENI KUMBAROV-ROSEN KUMBAROV- NARODNA BANITSA OOD ARSENI KUMBAROV SIMIT BLAGOY STOYANOV 09 OOD MASARLIEVI-88 EOOD VALS VALENTIN PELEV ET DESI KEYK EOOD ET BULPERLA - TSONKA KOSTOVA VERONIKA ADM EOOD AEON FUUDS OOD NIKI TAYM EOOD DESTINI FAYV EOOD BULTRANSART 2 EOOD ZHORZH-NS EOOD BODUROV 2015 EOOD HELY 2001 EOOD ARIBA EOOD VENIKS TREYD EOOD ROSI - LET EOOD MELEK 33 OOD SALCHE 1 EOOD CHOCHKO - HRISTOZOVI OOD KRINOS OOD ET ISMAIL CHAKAROV GABROVO MILK KOMERS EOOD ALFA INVEST PLYUS OOD USLADA OOD NYU BEYKARI OOD VILIDZH BROD OOD ET NIKI-SUNAY ALI KIKO - 92 OOD MONARDA PRODUKT OOD SHIYNA EOOD 21 SeeNews Industry Report

HLEBOPROIZVODSTVO SZ OOD PIK FUUD 2 EOOD BI PI 2014 EOOD ET ANGELOV I SIN - ANGEL STAYKOV SIMKO 13 EOOD ET ANDRA N ATANASOVA FONFON OOD FARST GRUP OOD B I V HERBS OOD ET ALEKO-N-NEDELCHO DIMITROV ZOROV 97 OOD ET STARIYA OREH IRFAN CHANAK ET AYVAZ GALYA AYVAZOVA ET MECHO -ALI ALIEV ET TSVETAN TSVETKOV 2004 ET SAMI-RIHAT GALIBOV TRITE MECHKI EOOD ET DIKS - 54 - IVAN KERKELOV IVP PROFIT EOOD BUNI OOD ZEVS - VENTSISLAV KOSTOV ET ENTZO - 83 EOOD ET VELSI-ATANAS VELKOV STEFCHO 04 EOOD DALNIP - 2 EOOD BALGARSKA STEVIYA EOOD ET EMIL NIKOLOV ET LYUMANS - LYUMAN MEHMEDOV HELIOS 2002 OOD PANDA 08 OOD ET MAKENA ET DORA - TODORKA DZHOGOLANOVA BORA 2008 OOD ET ILMAZ SALI - LYUNEBES VE-STROYOOD ET EDELVAYS - 2003 LAKI STAR 2013 EOOD ALFA INVESTMANT 22 OOD HRISTO BORISOV TSVETKOV MIHAELA - NIKOL EOOD MESOKOMBINAT HASKOVO AD DEO EOOD ZORA 10 EOOD ET TOTEM - HRISTO HRISTOV SAN - 7 EOOD ET DENISAL - ZINEP DEDEOLU KRAMAS OOD GOGOL FUD EOOD SLAVI DANEV ET SOLE TRADER BALKANSKI GORSKI PRODUKTI VITAMINA 2012 OOD HADZHIISKI I FAMILIA OOD PLAMEN MANOV - BORYANA 92 ET DETELIN PENKOV EOOD KENDI HAUS OOD KRONBIS EOOD PEKARNA VARNA-1 EOOD ET RAAGIBE NASUFOVA VANKO - 89 OOD KOSTADIN HADZHIMARGARITOV - KOMH - ANTONIY HADZHIMARGARITOV ET LINK NM OOD ZAHARNA DEKORATSIYA EOOD NADEZHDA 91 AD HLEBOPROIZVODSTVO I SLADKARSTVO EOOD KUVVET EOOD KEMB-TARPANOVI-KOSTADIN STOYANOV ET 1001 TORTI-NELI OOD DENITSA-NIS 2015 OOD GOTON EOOD PIV 2008 EOOD SAVIMEX OOD ET FEYZULA BUKOVYAN ET SEVI - ANELIYA ILIEVA BOROLA OOD BAYRYAM - 77 EOOD RONI - 4 EOOD ET SVETLINA-IVAN STANILOV ET NEDZI KENAN REMZI SEA - 79 EOOD ET BIDOR-BOBI DOROSIEV PETI-2012 EOOD TRAKIYSKI FURAZH OOD ALKO-999 OOD ET ANELIYA VELINOVA - ROSA ET MMM 35 - M. MITEV MILPAK - 2013 OOD ET HADZHI GEORGI - GEORGI YANAKIEV KODAG OOD FRUKTI EOOD ELITMIKS-EOOD ELSTAR 77 EOOD MERI-M 85 EOOD DIMYAT EOOD FRAT EOOD BELLA ALATINI AD ET BONETI - HRISTO BONEV VEGA - BARZA ZAKUSKA EOOD IKTO OOD YULI GRUP BULGARIA OOD ET FLORA-KOLYO KOLEV ET HRANIMIR IVANOV - 73 ET IVAN DIMITROV - 2001 ALBENA INVEST 75 EOOD DZZD ANTEN PLYUS ET AS - YOVKA DIMITROVA ET DIMITAR KRUMOV IGEI BG EOOD ET NANI-MARIYA 2014 - BEYKO ADZHOV MISIS MEYS OOD MESARITE OOD ET LYUDMIL DRAGANOV-ZDRAVKA DYANKOVA MONA-BG EOOD ET ANGEL ROGACHEV DZZD ASYA ET DINOR 69 - DANIEL ANGELOV YELPO OOD ET FIPS - DOBRA DIMITROVA ET STANIMIR LUKAEV TRIO-MILK OOD ET MONIKA - VENELINA VANOVA ROSITA G OOD ALFA ORGANIK EOOD PLANTABUL OOD SD BONA 12 NEDYALKOVA NAYDENOVI SIE SHAMPION - 52 EOOD DEYNTI EOOD DESI 2007 - GALYA ASENOVA ET K I K IVAYLO PAUNOV EOOD MONTKOM OOD BORIMES OOD IRA- EKO OOD DILGYUN EOOD ALEKSIS 7 EOOD TRADIMPEX EOOD PAVLOV-KAMPANI EOOD NIKOV - IVAN KOSTADINOV ET SOLE TRADER FURAZHI ELINA EOOD LUCHIYA EOOD VIKTORI FUUD EOOD MELEK ASAN AYVAZ 0315 EOOD AIDA 2011 EOOD OOD SIMEON GEORGIEVI ET TEMPORA - 10 - SLAVCHO IVANOV MAXI CHICKEN OOD ET NATASHA IVANOVA DANIM 96 EOOD SARAY EOOD NADEZHDA IN EOOD ELTA GRUP EOOD ADELINA POPOVA EOOD TARANTULA 11 EOOD PANOV KYU GRUP EOOD ANITRA - 2013 EOOD SLADKISHNITSA NEVENA EOOD ZONIK - D OOD ET DIDO-DANAIL NIKOLOV ET TONI-T-ANTONIY DYULGEROV DOMAT AD DZZD FINES ET NIKA-2 - NIKOLAY YOTOV DYAKOV - EOOD O SOLE MIO 2006 OOD ZHITNA PERLA OOD DESITA 7881 EOOD SANI KEYK EOOD SLADKA VEST 5 EOOD GEYD 2000 EOOD BUNEKS EOOD ET BEYKAR- KOSTADINKA MITAKOVA BULGARSHAMPFRYUI OOD ET SLAVYANKA-86 - BOYKO VOYVODOROV HLEBOKOMBINAT SUHINDOL EOOD ET KASKADA - 85 ET VELICHKA PAPUKCHIEVA ET YUSEIN HALACHEV-DENIS KLASANOVI OOD MENPAUAR KAMPANI EOOD AGROPROTEIN OOD SUIYT ART DIZAYN EOOD ET PARADINA PAVLINA KOVACHEVA DZZD CHIFLIKA PODA VRASHNIKA EOOD ET SHOPOV - PETRANKA IVANOVA RADES EOOD ZARNENI HRANI VIDIN 99 AD MIRA 1318 EOOD ERDINBABA EOOD ALEKS-G-2010 EOOD TSERO OOD BOSHNAKOV 09 EOOD BYANIKS EOOD ET GINKA PANAYOTOVA -2009 HLEBNI IZDELIYA 5 EOOD SUIT SHOP EOOD ET KOSI-M-KOSTADINKA GEORGIEVA GREYT FAYV OOD SUIT BEYKARI OOD BIOTERI GLOBAL OOD NASI-NASTYA ANASTASOVA DZZD EM-VI-EM 3 OOD POPIMONI 2010 EOOD EKO MILK EOOD ALEKSANDROS OOD BUL - GER COMPANY EOOD ALIS - T EOOD BURGER MANIYA EOOD ET NIKOL - TONI STAMENOV DETELINA 2007EOOD PINADE EOOD HERBA LAYN BG EOOD ALEKSANDROV R EOOD ET POLIS - SLAVCHO MADANSKI KOPTREYD EOOD ELEKTA 03 OOD ET DESPINA - 9 - TEMENUZHKA RANGELOVA MAKS AGRO VV EOOD SIMITSAN EOOD LICHEV GENOV OOD TIDI-T.T.OOD BRED INVEST EOOD ET VID - DIMITAR IVANOV SD REDIS - VANGELOVI I SIE VESI I KO - 93 EOOD GALA - N OOD ROLES-MILK OOD APIMEL ORGANIC OOD PAPIGS EOOD GRILUOLKAR EOOD SIM - KOMERS OOD FORI PLYUS - 89 H.HRISTOV EOOD SAMI EOOD ET IVAN SIMEONOV ZLATEN LACH-OOD TANDEM-GABROVO OOD PAVLOFF OOD STROUBERI GRUP EOOD SOFIYSKA BANITSA OOD BISMAR - T EOOD ET ZAHARCHO 2009 - RADKA STOYANOVA ET DIMITAR GEORGIEV 96 DIANA KEYK EOOD PZK DEMETRA KOSI ART EOOD ET ROZI ROZA GEORGIEVA FRIGO ENERDZHI OOD MLECHNI PRODUKTI OOD TIARA - LORA EOOD PERFETA EOOD TELETS - 65 EOOD SOTS GURME EOOD ATILA GRUP BULGARIA OOD DAR-01 OOD KIVI-57-EOOD TONI-KAS OOD PIRANI-2 EOOD PSM FISH OOD BENDIDA OOD APOLO - 33 EOOD ET SEVGIN - 84 - SEBAYTIN SADAK SMART PROSESING OOD ET SERGEY HADZHIEV DIKO 22 SeeNews Industry Report

ET MOYNO UZUNOV ET BOBI 64 - DOBRIN PETROV POLIFRUKT OOD ET IVAN MILACHKOV-GALBIKET IVAN MILACHKOV - GALBIK KONDOV ECOPRODUCTION OOD ET FRAU ALDINOVA - FATMA HASAN GEORGI TASLAKOV EOOD NIKI 9 EOOD ET AYDAR - SIMEON SIMEONOV ET VENIAN - VENETA STEFANOVA EOOD SEVGI - ZV YADKI DOBREV EOOD ET ZARKO ET NINA STANIMIR PASHALIEV EKO KLAS GRUP EOOD ET HRISTONA - STOYKA NEDELCHEVA ET BONITREKS-NASKO BONCHEV GLOBUL FUUDS EOOD SIYANA HLYAB EOOD ROSEN - S EOOD EMILI EM OOD IVAGUS EOOD EKOPROM EOOD ET STEFKA ATANASOVA SEVERNYAK 91 ERMASKA OOD SOYAVIT OOD ET YAVOR KRASTEV MDM - MIROSLAV MINKOV EOOD STOKSI OOD DIDO POLI EOOD TREYDING PRODZHEKTS END BILDING EOOD ET M. EFTENOV-M. EFTENOVA PK NAPREDAK CHORIZO RIAL MIYT OOD SIDAR EOOD AVIS EOOD ET KATRIN - KATERINA SHEHTOVA STANISLAVA VALKOVA EOOD HENZEL I GRETEL EOOD VAROSHA EOOD AGROPRODUKT EOOD TERA FUUD EOOD EKO MEKS EOOD BIANCHI KAFE OOD ET MILENA-74 MILENA DRAGANOVA DANI 80 - DANIEL GEORGIEV EOOD ET ATIDZHE MEHMED-84 MERI MEL-71 EOOD ET PALASHTUROVA - VYARKA PALASHTUROVA SIKRA EOOD TRAKIETS KOMERS OOD GEORGI TONCHEV I SIE EOOD DELBI EOOD ROMANS-A.GEORGIEVA EOOD SD AUDIO-VIDEO TOCHKOVI I SIE ET RUMYANKA MINKOVA-MURSALITSA EOOD YOSA KANEYA M EOOD ZHIVETS 44 OOD ET HASAN RUSHID - DENIS NIKI MES 2013 OOD V I M PRODUKTION OOD ZORA - 2015 OOD ET PAVLINA MATEEVA SEVI - S EOOD SVETOSLAV LILOVSKI EOOD ET A 99 - ATANAS ATANASOV SIDEMA - 2013 OOD ET AIBI - BOYKO IVANOV KRASIMIR MARINOV 2012 EOOD DEMETRA DV EOOD ET NIKI-NIKOLAY DRAGIEVSKI TEDI 2505 EOOD A E A OOD STANKO RADANOV 2011 EOOD ANI VES EOOD BOREKS OOD ET ROS - SI - SILVIYA MITEVSKA ZP GEORGI DOSEV IZMIRLIEV DAY AND NIGHT OOD BOGO INVEST EOOD TROFI EM EOOD MIRTA MEDIKUS EOOD SASHA 2014 EOOD KITON 09 EOOD ET BORKATI-KATERINA RAHOVA ARKTUR GRUP 2 EOOD ICE ECO FRUIT OOD DIKAVENI EOOD RADULOV 2012 EOOD ABI TREYD 2014 EOOD EKO ASORTI - YB EOOD BACHI DOLCHI EOOD ET MARIYA PUNEVA GOLDAN NUTS OOD MITI 01 EOOD ET MARIYA GENEVA KRISTAL GRUP EOOD ET BOYCHO VIDINOV-ELBOKADA -2000 DIK - 2000 OOD LOZEV OOD POLI VITA EOOD MEDOVINA EOOD ET LIG-PENKA PETROVA MIRO MES EOOD ET KRIS - GEORGI ATANASOV KOMIS OOD RADOST 77 EOOD ET RAYA-2009- MILEN RADEV KIB AGRO OOD ET ROZOVA DOLINA-ZYULFINER AAYAN ZHASMIN - SH. APTI ET. NIKOLA BUSHEV-2001 KUUL END FRESH 2015 EOOD DIAVENA OOD DOBI INVEST 86 EOOD ET IVAN LUKOV MAX MEL EOOD ET LATONA-90-ZHIVKA HRISTOVA DIMITAR PARVANOV EOOD ET ZLATKA DIMITROVA ZAFIRA-BEN OOD SHANS 2005 SHENAL TOKALIEV ET VAYDONI EOOD NAYDENOV - MG EOOD AY - BI - TI 2012 EOOD RAVIK D OOD VALERIYA EKSPRES ET VODOLEY 2002 EOOD SVETI NIKOLA EOOD ET RODEMAR 13-RADOSTIN MIHAYLOV BULMES GROUP EOOD ET PEPI-10-ATANAS YORDANOV MELKOM OOD VAL KETARING DIZAYN EOOD TERZIEV DD EOOD ET GAYDAROV - OGNYAN GAYDAROV ET MELEK - ASAN AYVAZ KRUMATA KOMERS EOOD GOLKOM OOD SAMARDZHIEVI OOD ET ROMANS - ANNA GEORGIEVA BI SI SI OOD SD KONDAKOVI - MS I SIE KNM EOOD PLAMEN TREYD EOOD VOYNOV I S-IE SD ET YORDAN MUTAVDZHIYSKI-BONKA LOTELA OOD GUYTEK OLIVA OOD FABRIKA ZA KOLBASI OOD MUTAVDZHIYSKA-BOBI KORN BULGARIA AD KUBERA 5 EOOD BURGAS HLYAB MK OOD ET BON - APETI - KATYA TYUKENOVA DEYZI SHUGAR EOOD DOSPAT 2011 OOD SLADOLEDENA FABRIKA OOD NIA EOOD KALINA VIB 13 EOOD YANA - І - DIMITAR DIMITROV ET SOLE TRADER DELTA INDUSTRY AD INFINITI KAMPANI 22 OOD FEI 2011 OOD DIG-2005 EOOD ET INTRIGA-AYDAN HALIL DONCHEV - FUUDS OOD DIONEL OOD HAYD EOOD HRISI 87 EOOD ET POLINA - PAVLINA VALCHEVA SANDOR M EOOD ET MARIANA UZUNOVA 2012 ARIEL 2015 EOOD SIMADZHEL OOD ET LYUBEN KOTSEV EVROMES 2012 EOOD EKO ENERDZHI EOOD VIOLA 57 EOOD KATRIN - RUMEN TODOROV EOOD MK RODOPA MILK ET VASIL ZARKOV AGRIFRUKT-2004 EOOD TORIVEL EOOD BRAMA OOD MEDANI EOOD STANDART MILK 2015 OOD STONI- 77 OOD ITRAKIOTISA EOOD FLABARI OOD ZHITAN - N.P EOOD SALEX GROUP OOD ELIT - MILK - 2000 OOD LACTINA OOD ET PANA KUKOVSKA-SHILTAN ELBASAN 2009 EOOD DUNAVSKI PLOD OOD ORHIDEYA EOOD CHOCHIS KEYK OOD SHUGAR PRO EOOD T-D 2 GRUP OOD ROSI TART OOD ET RUMI - RUMYANA FILIPOVA MAK-OIL-2 EOOD MAVISH OOD PARTNYORI 2013 OOD HIDROMPROFILINZHENERING EOOD MIS 12 EOOD HLADILNA BAZA ZA DIVECHOVO MESO AD ALPINA 6874 EOOD ARAPLI 2001 AD DEVA 9 - SISI 11 EOOD ET KUNST -VALENTIN DOCHEV MIRAD-1 EOOD BEKO 72 EOOD ET DIDKO-90 - DIYAN NEDELCHEV ET ANGELOV I SINOVE - FATME MIHAYLOVA SELENA 2009 OOD ET LILI-GALYA SABEVA EKO BALKAN OOD ASSARA EOOD PLASTIKA 85 - NENKO RADEV SOLE TRADER SLADKAR – 2000 OOD VALENTINO EOOD ITAL FOOD ET NEVAL YUSEIN ET HRISTINA GIGELOVA ET ALEKS - RAYNA MIHAYLOVA ET ZYUSA - DIMITAR SAVOV SIMID A I D OOD ET KOSTADIN MECHEV MODIKA BG EOOD NEDEYA NN EOOD ARBOL M EOOD DATERA EOOD ET SAYMANS-ATANAS SIMEONOV VINPROM - DUPNITSA AD KK DOBRUDZHANSKI PLOD EOOD HRANINVEST EOOD EVIPOL INGRADIENTI EOOD TO-VI EOOD ET DIMITAR GRIGOROV DZZD ATS-UARKFORS PALOMA KOMERS EOOD ET ROSEN STOYANOV - KARAR VALE 1 OOD MILKKOMM OOD DZZD KEM ET PLAMEN GANCHEV ET DANI-YORDANKA KITANOVA ET VATA-VALENTIN NEDEV NORA AS-2013 EOOD STRUMA FRUIT EOOD FURAJEN CEH MALEVO OOD BP TREYD EOOD ZENI-MUR EOOD ET NIGOR-NINO GOSPODINOV GOLYAMA MELNITSA - CHERVEN BRYAG OOD FEREKS EOOD ET SUPEROBEKTIV-ANDON MELEV 23 SeeNews Industry Report

REYNA 2015 EOOD ET FATMA ASANOVA - DZHANSU LTD SAMI - M OOD ET IPARHO-IVAN MANIKATOV ILINA-99 OOD MARINELI 68 EOOD KATERINA 1979 EOOD ET VALENTIN BOGUSHEV SD EVTIHS TSONEVI I SIE EKO CHIKAN EAD EOOD OLYA - 8 ET B. HASANOV - BARI ET MURGASH-91 OLINEZA PREMIUM OOD VAL-VES I KO EOOD NYU LAYN OOD DESIKA M EOOD MAFIN HAUS OOD SIMEKO GO OOD ET KRISTOF - HRISTO IVANOV ADRIAN S FUUD OOD DAALA TASH EOOD DZZD GYUNESH-5 ET GABI 94 NASKO RADKOV TRAKIYSKA FURNA EOOD BIO OREH BG EOOD PIRIMPEKS AD EKOPRODUKT MOGILITSA EOOD DALGACHEV MIHALKOVO OOD ALESIS BULGARIA EOOD PRIM OOD ASKON OOD ET SPAS STEFANOV-BELITE KAMANI ABG - TONUS EOOD FILIPOPOLIS - RK OOD KLAS 3000 EOOD SIMA-MALINKA GENCHEVA EOOD VELIKOV I KO OOD IVIL - IVAN KRASTEV ET SOLE TRADER KORONA M OOD ET VALEKS - TSVETANA KAMENOVA - ZEMYA I HLYAB - GANOVA EOOD ET STEFAN NIKOV MESOKOMBINAT LOVECH AD ALEKSANDAR VALCHEV PURATOS BULGARIA AD MAYSTOR GOTVACH OOD ET ILAN-HRISTINA DIMITROVA ET METI - MITKO HRISTOV BABA MARIYA - DANAIL STOEV EOOD STROYTEHPODEM 2002 OOD BIILIYF EOOD PLOD KOMERS EAD BAUMGARTEN EOOD ET AYSHE MEHMEDOVA- GYUNESH ET VESELIN VUKICHEVICH NOVA MES 14 EOOD ET MAK-MLADEN KASABOV OOD VESELIN LACHERTA OOD ELIT BEYS 79 EOOD SANI GRUP 08 EOOD INA MEL EOOD DELTA - RAP OOD ET LIM-L.MITOV ZLATEN LACH OOD TAVERA EOOD ET VALERI MANCHEV SAD-B-3 OOD SIMA 2008 EOOD SIS STARS OOD ET MARINOV - VESELIN TODOROV NIVEL OOD ZORI NIK 66 EOOD ROZA 1 - STOYAN GEORGIEV ET SOLE TRADER D END DE EOOD KAPRIZ EOOD MOBIL PARK EOOD MELA KOMERS EOOD EKLER EOOD GERI HRISTOV I SINOVE OOD PRISTA COMMERCE OOD KARNOBATPLOD AD ET ATLANTIK MEHMED NURI BOZHIDAR 999 EOOD B.KOMERS - 2013 EOOD ET ALBENA - ALBENA KRASTEVA ET RUSHI - SHANS - ZHEVRIE AHMED ANSDA EOOD ET VIOLETA HRISTOZOVA-ANVI NIGIRI EOOD ET MIHAIL RADKOV MISHO ET ILHAN BEY-ILHAN MUSTAFA ET YULKER MEHMED-MECHO STOYCHO STOYKOV 1664 EOOD ET PROHLADA-RADKA MINKOVA ET NINA IVANOVA BISKVITKI EOOD ET MECHO NESH - NIKOLAY KIRILOV DESISLAVA HRISTOVA 73 EOOD GAYDA 2009 EOOD FORTEX NUTRASUTICALS OOD SIYANAD 2012 EOOD ET KRASIMIR VALYUKOV ET OGI ORHAN SALIMOV YULI ZHAN 2010 EOOD ZARID EOOD ET S.KEHAYOV - N.KEHAYOVA TEHRA OOD ET ELKA PIRNAREVA ELI - 2012 ROSVELA EOOD RITSKA OOD SABI - 4 OOD ET IVAN 96 IVAN ZHELEV IVANOV ZORA PEK EOOD SUDE- 006 EOOD SLADKARSKI BUTIK KREMI EOOD ET ALYOSHA ALIPIEV AA 92 RADOSLAVA 39 EOOD ROMAN I SIE-2014 EOOD GEG SON OOD MAYAMI MAR EOOD ROSIMPEKS 02 EOOD SHEF KONSULT EOOD DZHAST MIYT EOOD ET DIYANI - YANI PEHLIVANOV ET BAKI MEHMED - ZORA ET IVANS-60-VANYO NEDKOV SITALK ES EOOD KOMPAKT 2007 OOD CHIRAKMAN - MAHALNISHKI EOOD DEO-HLYAB I HLEBNI IZDELIYA EOOD ET TANYA-91-ST.ALEKSANDROVA INTERION AD TURMANOV EOOD VOOR-09 OOD DEGRETSIYA EOOD IVA TREYD EOOD GEYV OOD ET DANIM- DIMITAR STOYANOV BIO PEK EOOD MIMA 777 OOD EREVANSKI SLADKI OOD ET TANGRA - ASEN SPIROV VALDENI OOD MAKS - MART I KO EOOD MAVAR EOOD DK-08 EOOD BIO BALKANIKA EOOD SARAY-73 - GEORGI BELEZHKOV ET SOLE TRADER RALICHKA EOOD SD DEAL-NESTOROV I SIE NATYURELIYA EOOD RENIFARMA OPEREYSHAN OOD ET ELMIRA - KRASIMIRA NIKOLOVA PLAM ADE EOOD ET DIMITAR SPASOV ET FAVORIT - NEVENA KOCHEVA ET VALDES - M - VESELIN GORANOV SI PI GRUP EOOD IST EOOD ET LAZUR - ATANAS ATANASOV - LIDIYA AGRO-VIT EOOD KAMELIYA-2008 EOOD EM DZHEY KEYTARING EOOD ATANASOVA NEVI - 76 EOOD SORENTO OOD ET FENIKS - 79 - DANIELA ZHELYAZKOVA FURNA RYAHOVTSITE EOOD ET BLYAN - MUHAREM MAYRYAMOV ET VANYO DZHUROV GALLIA OOD ET BULMILK-NIKOLAY NIKOLOV DZHORDAN OOD TANEVA EOOD ET ROSI - RUSKA MUDEVA ET KOSTADIN NAKOV ET OSI - ZORKA TRENDAFILOVA ET YASEN KACHAROV MASHRUMS BG EOOD ROZI-AN OOD ET RAYCHO PETROV IPI 27 EOOD MIVA - AV OOD KRASIMIR PANAYOTOV 34 EOOD ET SVETLANA 92-T.MARGARITA TODOROVA BREZOVO AD EOOD FAVAN 2008 MANO YANIS EOOD ZVEZDA K97 AD MAZI - VESELIN PETKOV ET NORA KLIYNING STEYSHAN OOD ASTOR-TINKA HRISTOVA OOD ET STANKO METANOV MALKATA IDA EOOD DIMON EOOD EOOD SHERI - STEFANI VALEO 28 OOD HIND - 2013 EOOD VITON - DARINA DIMITROVA ET INTEGRAL MED OOD GRIYN EKSPORT EOOD BIOPLOD EOOD GRIGOROVI OOD DZZD YULIAKIS CHERIS GRUP OOD MIK AD ET NADEZHDA - SULTAN KAMBER KIRYAKOV 60 EOOD KARDAM TRAST OOD ET KAFENA-DIMITAR PANCHENKOV PALIRRIA BULGARIA AD ZLATNO BREZOVO OOD FILIPOVI-FH EOOD ET NILA - ORLIN SHTEREV MIG 91 - MAYA PETROVA VLADOVA EOOD KENDY OOD UNIKA - 34 OOD SVETI NIKOLA 2013 OOD ET ALYOSHA-IBRYAM BALAKCHA ELOHIM 258 EOOD INTER D OOD BIO SALYUSHANS OOD BENINVEST OOD DMN KOMERS OOD DON BATON OOD DZZD DOBREVI BALKO OOD ET ISKO-IVAN HRISTOV MESOKOMBINAT-BAI TECHO OOD ET YULIYAN BOSHNAKOV SHOKOLINO OOD ET BALGARSKA GABA - TSVETANKA SLAVENOVA KOMEKSIM V EOOD GLOBUS-1.BG OOD SADINA PLANT OOD ET STODZHA-MS STOYAN KOSTADINOV MELI ST EOOD LAKTIS EOOD DZHADZHEV RAYS GRUP OOD SIDI - 92 OOD KRIS KOMERS 91 OOD LIBRA-M OOD AY EM KEY NUR OOD ET SPEKTAR 93 R.VACHKOVA KOOPERACIJA SIMID 1000, COOPERATIVE AHAT - RP EOOD EVRO-ER-2011 DEVA KK OOD FRUKTALINA OOD BOS MS OOD ET VANYA SLAVCHEVA ET TEMISLAV TEMENUZHKA YAKIMOVA ARON RICE OOD RAYKAN HERBS OOD VEAS - 79 EOOD PROFIT KONSULT OOD ET ROSI - VENTSISLAV RANGELOV BLEK SII FUUDS OOD TSAKO I CHACHO OOD 24 SeeNews Industry Report

POLI TREYDING OOD KEYKMEYK EOOD ELVIS- BOYCHO KOLEV EOOD NIVEGO OOD AKVA FAKTOR EOOD VESTA INVEST EOOD DZZD YADKI TOMI VI AY PI KOMERS EOOD KAVEL INVEST OOD BIM - AS OOD ET ZDRAVETS 2000 TSVETAN PETKOV ET MARIO - LAZAR GENCHEV ET SARAY - NEZHDET DORMUSHEV ALKOM EOOD ET SHANDI-ANGEL SHINEV ET SKORPION 36 - SVETLOZAR VASILEV MILDIKO 2010 EOOD YUSI 90 SS ADLER EOOD DIMANA-DEMBELAKIS OOD VISTA-15 EOOD YANI NIKI 2010 OOD ET PAVEL PAVLOV - KRUPEN 70 BIMKO EOOD ET HRISTO MATEV ET M M MILCHO PAPAZOV EMILI - 2010 EOOD TODOROVI 1988 OOD RU-DARI OOD ET ARTEKS-BEYHAN ISMAIL ET SASHO TASKOV-BATENBERG ET DAO - HRISTO VLASEV DID DETSKI SVYAT EOOD MAYSTORITE OT ELENA EOOD EUROSTOCK EOOD TIT OOD ET NIAGARA - KALOYAN VALKOV PACHI LYU-IL EOOD ANALOG 2009 OOD KONPAKS EOOD VILOFOSS OOD EN DZHI LUKS OOD ET REMIS RUMEN RAYNOV ET PATSONI PLAMEN KONDEV PETRANKA KERANOVA - 2011 EOOD ET DANIELA DZHUROVA HRIMAK OOD ET TONI 93 ALEITE-METIN KASHCHILAR ET EL GA - 2014 EOOD NESINARDE EOOD ET ANA PARVANOVA - DARAYA DIANA KOMERS - 14 EOOD IVGO 2011 OOD ELICA OIL EOOD G.I.A. KOMPANIYA EOOD ET PAVLI - PAVLINA IVANOVA ET VESELINA DECHO GEORGIEV N I N AUTO OOD EUREO OOD CHEH - 99 OOD ET FERNANDO-ERDIN IBRYAM KAPSIKUM I OOD ET IZVORITE - SDI FENIKS KAFE EOOD SACHI AD ET VEMI - 5 - VENTSISLAV MINKOV ZP SLAV IVANOV CHOLAKOV ELECTA OOD ET FILIZ-LIMAN ABIEVA SAPIR 14 EOOD RODOPCHANKA OOD IZET OOD TOTAL-5 OOD OOD ABI 90 EOOD ASLA-MARTINA EOOD DOYCH EOOD HOREKA FUUDS OOD FENIKS - HLYAB OOD RACHEN HLYAB I PECHIVA OOD ET ELKA - YULKO - ROSITSA BESHIROVA ALDI OOD V.I N. MARINOVI OOD ET ALFATRANS DZHIGO OOD HRANITELNO VKUSOV KOMBINAT AD DONITA - 69 EOOD DAFA EOOD MELBON AD GABI FUUT ET VALYO-81-IVAN DIMITROV PETRATSITE OOD HLYAB - 97 AD ET ELKA TSVETANOVA TORTA-BG OOD DING-PAVLOVI I SIE SD ET BORIS HRISTOV ER DZHI 2011 EOOD DARMAN EOOD NIKI - NIKOLAY KOLEV 95 OOD ET NEFSE ASHIRK HLEBOPROIZVODSTVO I SLADKARSTVO OOD HANI 2000 EOOD ET RICHI - M - MITKO AVRAMOV ET HRISTO BARDUKOV FUEGO EOOD MINERVA 13 EOOD BOGINA OOD NIKOLAY GERCHEV I SIE - EOOD A I G - KAZAKOVI OOD SIANA - SILVIYA TRIFONOVA ET KASKADA NOVA OOD VKUS EOOD AGRO IMPEKS EOOD BENIMA 19 EOOD ET VIKI-EMIL NIKOLOV MILAR PRODUKT OOD ELIPEK EOOD ET VELKO BARANSKI - YORDANKA BARANSKA ET FIKRET AHMEDOV OPICVET MILK AD MAXGROUP-98 EOOD ADK MILK OOD HOUK MP EOOD (FORMERLY KNOW AS HOUK - MAVROV, PETROV I VLADOV OOD) FRESH 2013 EOOD NASLADA-GOGOVA EOOD BENI FRANS OOD MILKANA 2014 EOOD GEOMAKS OOD TOBOS OOD KRASIMIR KARADZHOV 78 EOOD ET VERONIKA VELIN KARDASHLAKOV BALGARSKA FURAZHNA KOMPANIYA EAD VEGA STAR EOOD ET IVANKA TOTEVA ET GALYA SAVOVA -YUSEIN SABRI YOTOV-2000-YOTO YOTOV EOOD VI ENDZHIN EOOD ET GERI-87-RADKA VASILEVA OLIVIA OOD STIL-90 OOD ONDEAZ OOD ET RICHI - RUMYANA ATANASOVA A.SIMEONOV EOOD SARINA 92 EOOD YULIYAN ISAKOV EOOD NIKI 90.K OOD ET MAKSI L LYUBEN ANDREEV GALAKSI 63 EOOD NAVONA-MD EOOD HLEBOPROIZVODSTVO OOD PELTINA EOOD SEFFORA OOD ET GEORGI GEORGIEV HEVI - EI OOD ZHENIKS-YORDANOVI EOOD KARANASHEVI EOOD OVO - BUL EOOD PEPINO 7 EOOD ROMI - ROMAN NAYDENOV ET SEVA OOD ET GARANT-EMINE BOZHUROVA NATURA FIT EOOD DZZD NYUSPODEL TERI 09 EOOD SLAVENA 2003 EOOD ALEKSOVA EOOD ET TSVETANKA MITEVA ET SADAKA IBISH - IBISH YUSEIN REVANSH 28 EOOD ET ISIM - IVAN MAVROV MESOKOMBINAT-SVISHTOV OOD RENI SYU 2014 EOOD ET STANKA TRAYKOVA - SARAYA 2002 EVRO - INVEST EOOD PARTNERS OOD DIANA BEYKARS AD ET VASILEVI 2014 - ZDRAVKA IVANOVA ET ANNA MARIYA VANYA HANTOVA DZZD UTRO VENETSIYA - GEORGI DUKOV ET SIMA - MM - 13 EOOD LOBSTER FIL EOOD BORIKA OOD PEK - 2010 EOOD MEDITRINA EOOD ET GABI TREYD - ILIYAN PARCHEV ET KARAMFILKA KEHAYOVA PRIMA AK KENTAVAR OOD ET NIKI-2000 - NIKOLAY MARINOV SINOVE - VASIL DIMITROV ET ALTMILK OOD DZZD ALEKS AY 13 CHICKEN MES OOD IVA - KRIS OOD VIVETA OOD ET BUROK - AKIF MEYSUDOV MESOKOMBINAT SADOVO EOOD DENTUR EOOD ZELENITE PEKARNI OOD S-BOBI EOOD HAYDI 66 EOOD AGRO MEL - IMPORT EOOD YASI-2012 EOOD KAZANLAK HLYAB OOD BEYKARI KINGS EOOD ET KAPRIZ - SVETLA NIKOLOVA AD BOLGARPRODUKT DENI OOD ET MUSTAFA CHAVDAROV - 89 ET M.P.M.-BULGARIA-MITKO MINKOV MYULARI - 90 OOD SEVER - EKSPORT OOD EKO ASORTI OOD GILI TREYD EOOD ET KAMI - NORA KIRCHEVA NYU FRESHNES EOOD NIKO SIMID EOOD ET RUMEN GEORGIEV-58 VONITAL EOOD ET LIPEG - LILIYA IVANOVA OOD MAKSI GRIVA AGROPUL OOD DZHILI-SOY - DZHIHANGIR IBRYAM ET ET VIKTORIYA - PETRA LAZOVA NEFIS - REDZHEP VEYSALOV EOOD GALINA 2001 EOOD DAV POLI EOOD ADV - 3 EOOD LINO EOOD ET SEVDA - P - SEVDALINA PAVLOVA TERSNAB-TARGOVISHTE OOD ET GEORGI CHUROLYANOV BOBI NESTEYA 99 EOOD ATN TREYD OOD KANCHO GICHEV EOOD ET RIO GRANDE - GORAN TASICH EL SI KOMERS 85 EOOD YETER EOOD BULMES M OOD PEKARNA SHAMI EOOD EMAS OOD KAHRAMAN 1 EOOD INNA - 98 - ILIANA MISHEVA EOOD ET BUVEL - STOYAN BUHOV POPOVO EZERO - GOTSE DELCHEV EOOD ET TITI - SILVIYA KATSAROVA ET SNEZHANA DOBRINKOVA BIOMILK BORINO EOOD BIOTERI OOD MECHO FUUD GRUP EOOD BUL TAT EOOD FARGO GRUP EKSPORT EOOD ET ZDRAVKO MISHEV-RAIF MEMISHEV ARABELA DOBRICH EOOD PAPASMEL EAD KAMADZHIEV MILK EOOD PREVENT FARMA OOD ET IVAN ANDONOV ATANASOV YUG-1 EOOD GR.DEVIN TORFELINI BULGARIA EOOD 25 SeeNews Industry Report

EKOBIOMED EOOD MS DZHUNIAR EOOD SD YUVENS - NIKOLOVA I SIE SERDIKA-90 AD SUPEREGA EOOD ET TANAKA-90-MARTIN MINEVSKI ET MALINA TSVETKOVA 99 YUS ENI OOD ET CHINO-NIKOLAY CHINOVSKI ET RINA - GEORGI KUTSAROV FILIPE EOOD DIMIRA - 7 EOOD AMBROSIA EOOD KONDRION - 2012 EOOD AYKO I DOYCHO EOOD ET RIBARSKI-IVAN RIBARSKI IZO-2007 EOOD AGROMARKET INTERNATIONAL OOD ET SAM - 85 AYSHE ASANOVA ET YORDAN POLITOV ELKRAS - 2009 EOOD ET KRISI 06-KREMENA DIMITROVA ET NAZO-66 - NAZIF SABRI NAZIF RA-ELK EOOD TULE OOD VASILEV & TODOROV OOD NILA OOD ET STEFAN MATOV-34-RADKA MATOVA ET ROLLA - ISMAIL MEHMEDOV ET BOBI 24 - TONCHO KAMACHAROV KREYZI LAV AD ADEL 011 EOOD SANTULITA EOOD ET PETYA -PENA PANCHEVA DZHERONIMO-KLANITSA EOOD MEZHDUNARODEN KOLEZH-E EOOD PREMIERA 257 OOD ET VERGINIYA MATEEVA SD YANIS - 29 RAYA STEFANOVA 2007 EOOD ET KETI - KOSTADINKA ADARSKA VM ENERDZHI EOOD DIMITAR PILEV OOD MESFOOD AD KOALA OOD PAFIANA OOD TEODORA ATANASOVA ATANASOVA- EYVAZOV EOOD KRASTANOVA EOOD DEMINA 92 EOOD ZHANI-85 EOOD MUSI-DZHAN 2011 EOOD SD BLAGOPOLUCHIE - YANEVI I SIE SWEET MAGIC EVROPA OOD ET KRAEVEKSPRES - ZLATKO KRAEV SHANTAL SO OOD MAMA I TATI OOD HLEBOPEKARNI MM OOD ET DZHAPOLINI-YANKA PASKALEVA TEDI 1 - IVAN GERAKSIEV EOOD AGROMELHRAN KOMERS AD GRIVAS OOD ET NEVIN NIYAZIEVA ET KALINA - KALINKA VESELINOVA ET ZHIVKO BOZOV-SAZHI NOMAN ALDZHUNEYDI KAMPANI EOOD KUKIS GRUP OOD FEDON OOD ET KRASI-KRASENA SIMEONOVA O BARBA YANIS OOD DULO-ALFA OOD HERKULES EOOD SMAYL - 55 EOOD BALTOV 94 OOD MEDIKOFARM-K EOOD ET BORIS GEORGIEV- BOBI 2011 ET MUSTI - MITKO ANTONOV ET MARSINELA 94 YORDANKA SEFTERSKA BARZI ZAKUSKI EOOD SUPLETEK BULGARIA EOOD ET PEGE - PENKA GINEVA PRO BIO 2012 EOOD KARADZHOVA 2012 EOOD EKSTRA FRUT EOOD VIP-BG.EU EOOD CHOBAN-EOOD ET MILENA ILIEVA - M SARBIYANKA OOD MBM 2001 OOD ET DEYAN - DEYAN STAMENOV ET PELOV - PETYU PETEV CHICHO VIKO OOD TOMANA OOD ET FADI - DIANA ATANASOVA BI SI SI ELENA EOOD PRINCHIPESSA M 2013 EOOD ET DILIYA-ILIYA CHERGOV ET SLAVOVI-SLAV SLAVOV BILDING - ZAH EOOD MUSTI-M OOD DOBRIN 79 EOOD VISTA - I EOOD ET NACHKO PETROV SISI-EM OOD ET ART CATERING-KRASIMIRA KALCHEVA R I K -VELINGRAD EOOD ARBAR EOOD IVANES-N EOOD ET NIKOLITSA IVANOVA - NIKI ET DZHERI-DZHEYRAN RAMIS BULAGAR EOOD MARISTO & CO OOD SVS-98 OOD DZHI EN TI TREYDING OOD FRESH BRADARS OOD ET LMT - KOSTA ATANASOV ET DAMBALA AGRIKALCHARAL PROTEKSHAN SARVISIZ EOOD ABT EAD BIOEKS OOD ET IVANKA GEORGIEVA KUTLEVA EL STROY KONSULT OOD ZHAR OOD ET STEND 60 AHMED MEHMEDOV ET ILIYANA YORDANOVA ET ALTAN BASHAK - NAYDA MIHAYLOVA MULTI KUKI OOD PRINTSES KEYKS EOOD SATURNIYA EOOD RUSKI LAKOMSTVA OOD MD-2 EOOD BOLERO - EMI KOZHUHAROVA ET ET VOLONTES - STAYKA GEORGIEVA KORONA AGT-2 EOOD DZHUMPI 72 EOOD ET GINAS - IVAN ATANASOV FLOUR KRAFT 1 EOOD ELIAZ OOD RILA FERM OOD KALOYAN 2000 OOD LAVAT EOOD SOFBIOLAYF BG AD ZYUMBILSKI OOD MS-ASHAK EOOD GLORIYA FATIH BG EOOD PILKO OOD MEGAKOMERS2001 EOOD ET VIDEV ET DZHAN - AYDZHAN ASANOV MILKI FUUDS EOOD ET MARIANA KANOVA-EM 95 VERONA OOD KRASEN MM5 EAD ANNI OOD SD SHANITA ET GABRIELA - PETYA TSONEVA GOODMILLS BULGARIA OOD SISKA I KRASKO EOOD DETERGENT GRUP EOOD BELISIMA H EOOD NIVITA KOM EOOD ET YOVIS SM STANIMIR VARBEV SUPER KRASI EOOD ET VASIL KOSTOV LIM VKUSNI ZAKUSKI OOD DZHEM I DZHEM OOD GRANIT - 2 EOOD DENT OOD PROTEIN-98 AD KLAS OLIO AD SD UNEVURSAL KOMPLEKS TONIK-2 EOOD TANO-GRUP EOOD MANILI EOOD ET STOYANKA PENEVA VLADINI TRADING OOD ET MARIO NAYDENOV HEMUS MILK COMMERS OOD DZZD FERI EVA-98 EOOD KENAR OOD ET VALENTINO - VALENTIN MILADINOV GRADI NUSKOV-70 EOOD VANYA - 2004 EOOD NOVA - 96 OOD ET TSETSI 88 VERA CHUKARKOVA VI END SI 2014 OOD MAKAM - 2001 EOOD ET SANI-ZAHARI ZAHARIEV PLATAN EOOD ET VENIKA RONI 07 - PETAR PETROV ET FLORIMONT EOOD SLAVIANA-FISH OOD MAHO KOMERS-EVGENIY DRAGANOV OOD DI AY TRADE 1 EOOD RABOTILNITSA ZA MECHTI - PLOVDIV OOD NIK-SOT GROUP EOOD ET ROZA - BENI - ROZA HRISTOVA ELIVA EOOD ET DINKA PETUHOVA KATSI I SINOVE OOD SHIMED EOOD BILYANA-MES EOOD ET TONI- ANATOLI TSVETANOV MELNICHEN KOMPLEKS - DUPNITSA OOD TANTI-2-EVA STOYANOVA ET PAPISTO OOD S I B 44 EOOD MODES 2014 EOOD HEMAKO BULGARIA OOD PALDIN FUUDS OOD ET SAN MARTIN - IVAN GOCHEV KROASAN I SHOKOLAD OOD ET BRAVO-KONSTANTIN LALOV STELS FILI EOOD VENDING FRESH EOOD MAR I VEN OOD GALYA 2013 OOD ET ALI ISLYAMOV HRANA ZA ZDRAVE I DALGOLETIE OOD GALINA 08 EOOD ET APOSTOL KALCHISHKOV - IVAN KALCHISHKOV GOGI KOMERS EOOD PIRIN-VIOLETA ATANASOVA - MITKO HRISTOV ET ET DIMITAR BIKOV GERGANA - DENITSA EOOD SVYAT OT SHOKOLAD EOOD ATLANTIS 2012 EOOD EOOD BIOMEDEKS ITSTS - 2010 EOOD LAKTENA OOD ET KETI VALERI MANOLOV SERENA OOD ET TOP DEKOR BG DANIELA DIMITROVA EKZOTIK 2000 EOOD ALEX-S 2002 OOD ET AYDZHAN-AYSHE AHMED BABET OOD KANTEKS BULGARIA OOD FAVORIT-98 OOD IZIDA OOD ZHELEV TREYD EOOD ATK AGRO OOD STEYSI 2015 EOOD PRESI - 82 EOOD TIVONI ZDRAVE I KRASOTA OOD ELLI 2008 EOOD NIKADON OOD ET KAPLAN DESI - REDZHEP SIDZHIM T END G EOOD SLAVYANKA EAD ET KRASTYU IVANOV 92 KATYA - 0505 OOD ANDON YANEV OOD AVISPAL OOD KATARZIS OOD ET VEHRIS STELA GRAMATIKOVA RUAN 2010 EOOD REKLAMA-SPASOV I SIE OOD YUNIYK FUUDS EOOD DESI I SINOVE EOOD ET BONI-85- MEHMED MEHMEDOV 26 SeeNews Industry Report

MAKSI GOLD 5 OOD ATM-69 EOOD ET STOYAN MOLLOV KROKI OOD EOOD BOGEY 2000 ET VANDI - BADOVSKA-PEHLEVA VANDA BALKAN FRUIT EOOD SUITI-2011 OOD MARIANA DZHI PI ES INVESTMANTS EOOD BBP OOD CHOBANOVI 2013 EOOD ET D- VELICHKA GRABLEVA AYAKS - AGRO OOD NIKAS BULGARIA AD FARMA HIMVET OOD ROBODIH EOOD SVETI VRACH - 2003 EOOD DZHAST HANI EOOD BUL UORK 2010 OOD DORYAN EOOD HLEBOZAVOD PROGRES EOOD ET KAMSKI - BE EM KA BLAGOVEST PESHEV ET MILENA HRISTO HRISTOV PANADERIYA EOOD BULGANEL EOOD RUBINEKS RUSE EOOD MARSHAL 91 OOD NEKTARKOOP EOOD MAYA - 5 EOOD EOOD LEGO 2011 ZVEZDELINA-KR. EOOD VELICHKA KIRILOVA LEFTEROVA PUSHKIN EOOD BULKORN VV EOOD ET VITO-GEORGI NIKOLOV ET NIVEL - STOYA VELEVA DIMITROVI I DIMITROVI OOD ET DIMITAR TANEV PRESTIGE-96 AD TRIMEKS DIMITROV MAKSIMOV ASAAT OOD VALPLAM 2014 OOD ANZHOLETO EOOD BULSTIKS EOOD ET BENI-ISMAIL BEKIROV PAIN D OR AD IVDETA TRIO EOOD ET VALEYANI ET VESI - VASIL IVANOV DZZD LIBIT ET NIKOLAY-ILIYA BORISOV VITAL OOD TREST B OPERATION EOOD LAKTIMA EAD ET HRISTINA DIMITROVA DZZD PAZARDZHIEVI ALDAGOT OOD RIVA EOOD MUSAN-D EOOD FORESTE EOOD ET RADI - RADOSLAV SAPUNDZHIEV VESI OOD VIOLA.1 2013 EOOD ET RIS RUSI RUSEV NIC-HEDA ECO EOOD PASKALEV - 86 00D BIVOLI-ANESTIS OOD DZZD VEKTOR SPETSIALIZIRANI HRANI OOD OOD ZLATNO ZARNO MLECHNA PROMISHLENOST MANOYA EOOD NIKOLOV I KO SABORNI EOOD TOMIL HERB PRODUCT OOD YOFELA EOOD ALEYNA 3 EOOD BRAMA 1979 OOD ET RAMOS RUMEN GERGOV EURO CATERING OOD ET FATME CHAVDAROVA ET KVANTA KOMERS 95 VEGA PLOVDIV OOD KOMEKSIM M EOOD EOOD BMV OOD KRAEVEKSPRES DZZD ET MAGDALENA ZDRAVCHEVA - ZVEZDITSA 92 EN PI TUR EOOD ET SHAMI ALBENA KALAYDZHIEVA ET DILIZHANS 52-SP-STOYAN DELIDZHOV TRIADA 63 EOOD ET ANTANI ANTON MILADINOV ET RUMYANA BARUTCHIYSKA- RONI ET ROZA ATANASOVA - EMELIN IZYAZH TORTA EOOD ET DYUSENA-DIMITAR DIMITROV TEMKO EOOD GRITSKO BRADARS OOD ET VAROSH - 4 - NEVYANKA PENEVA DOBRUDZHA OOD NAKOV GRUP OOD TOREZE OOD BLIZNAKOVI - SLADKI MECHTI EOOD VIEL-G EOOD ET ASM - ALEKSANDAR PETROV UNIPEK OOD EVROFRIZ EOOD SOFIYA-2003 OOD NIKOL TREYD 09 EOOD ANDA 2012 - ANKO PETROV OOD ET SEZI -MYURVET MEHMEDOVA ET ALIZIYA - ZEYNEB GUSHEVA - ASAN GUSHEV ET ''MAYKAL-DIMITAR DIMITROV'' ELIT - 95 OOD GYUNTER-11 EOOD ET KUMANITSA - IBRAIM MOLLA ET ASKO-SOFIYA BOZHILOVA INDASTRIAL PELETS KAMPANI EOOD ZDRAVKA 56 EOOD BUMERANG 2009 EOOD AGROFRUKT OOD ET OMURTAG TABAKOV ET EM - SI - DIMITAR IVANOV MILENA MMS EOOD ELIKSIR-GORSKI IZVOR EOOD EKSELANS OOD ET PRIM ALTANOV MIROSLAVA TODOROVA MELNICA ARCHAR OOD HLYAB I SLADKARSKI IZDELIYA EOOD MLECHNA TRADITSIYA STAROSEL OOD TAO 2015 EOOD BAR KRISTAL 2012 OOD ET SOFITA - SOFIYA ASENOVA PEKARNA VANILIYA.BG OOD VENETSA EOOD PK NAPREDAK A I S -85 EOOD ADELANTE 21 EOOD METEORA-2010 OOD V LIKVIDATSIYA ET ARITA -MARGARITA BOEVSKA ET STEM - TEZDZHAN ALI ROZOVA ZORA - TRAKIYA EOOD S.BRATYA DZZD NYUMINEL DASKALOVI MAKLER-KOMERS OOD RADI I KO KAMPANI OOD KRUM GEROV TM OOD SD BODIS 2000 AMIKO MIO OOD SOLAR HERBS OOD ET DIMITAR SIMEONOV-IVA ANIEL - 86 EOOD RASTMA-MAY AD ELIT KONSERV - 33 OOD KAMBANA INVEST EAD HLEBNI IZDELIA-LOZENEZ AD STAR FOREST EOOD ATGER KOMERS EOOD ET GABI - IGNAT GEORGIEV TSVETNITSA 1997 EOOD KOLBASO OOD ET-GABI-73-GABRIEL GESHEV OOD DYUSENA ZANAE FUUDS EOOD KOZLE OOD MAMINA SLADKA OOD RADOMES EOOD TEMPO 1 EOOD LIANI 96 OOD ET DOLE-DONKA LEFTEROVA DBS AD ET MANUELA I ASEN - ASEN HADZHIEV PHILICON - 97 AD ET GORAN LYUBENOVSKI-NIKI ET IVON - IVANKA TODOROVA DZHEMRE 2012 EOOD ET TODOROVI-53 K.TODOROV ET ALEKS - ALEKSANDAR KOLEV KEMEN EOOD DALIVI EOOD EL BARGAR EOOD ARKTUR GRUP EOOD IVO - 2012 EOOD BANOV FRESH EOOD GANA 99 OOD PEK 2015 EOOD ET ALPAY - YULKYAR OSMANOVA ESPERO BG EOOD ALICHO KOMERS EOOD IVAN VUCHEV 1 EOOD AGRIKS INVEST EOOD MEDIKUSFARMA OOD PLAMEN KARTEV OOD DAZLING DANIEL EOOD BURGAS HLYAB 2014 EOOD ET ARZU-HALID SALI IVAYLA - 07 EOOD ANNA MARIYA 2000 EOOD ANTANI EOOD MESOKOMBINAT VARNA AD ET VKUSNA ZAKUSKA - SONYA GEORGIEVA KULINARNA RABOTILNITSA EOOD ET BERNA -98 STODIM 777 OOD MILPAK-OOD STRABEKS EOOD OOD SAYMEKS 97 KOSOVSKI HAN EOOD KRIYM LAYN BULGARIA EOOD MIRTEKS EOOD ET MONIKA SIMEON SPASOV TOPOLOVO - AGROKOMERS OOD WELA M OOD FINES-2 EOOD FURAZHI NEDELEVO OOD GAYDA 2002 OOD ET VASYA-VASILKA FILCHEVA EDIT-12 EOOD CHANDRA EOOD PRESTO HRAN EOOD PIKANTA EOOD ZENIT 13 M OOD POLI 721-PAVLINA LASKOVA ET IVEMILI - S - BORISLAV NIKOLOV LILAN-03 EOOD MERLINI-DANIMOND OOD ET KRASI 76 - KRASIMIR VASILEV VALKOVI - 2014 EOOD BOLYARSKA BANITSA EOOD KOKO 9008 EOOD ELIS - 99 OOD OMAYA RANCH EOOD PLANET KEYKS PATISERI EOOD ET NEDAN KATINA DEMIREVA AMAREL BULGARIA EOOD ET KENI-97 MARIYA BOZUKOVA ET ZAKUSKI VALYA - VALYA KARADIMOVA SEYFI EOOD MEDINA OOD ELMAZ M 2012 EOOD ET MAG - MARIYANA CHAUSHEVA TEYK A KEYK OOD ET MIKI - KINKA NIKOLOVA EL DZHI PI EOOD ET TRAYANA MILETE EOOD ET LEINAD-IVANKA ASPREVA YAPA GRUP EOOD MATADOR EOOD DEKARDI FAST FUUD EOOD CHOCHO 99 EOOD ET ANDREON - ANGEL ANGELOV ZELENA FERMA OOD STEVI LM OOD P.D.D. EOOD TEMPO M OOD ET SAVA PETROVA MINGACHEVA SAVINA KIPS EOOD BOYANA PARK REZIDENS EOOD BIS - YAMBOL EOOD HRISI OOD ELIT SIYDS OOD ET YU.ISAKOV - YULIYAN ISAKOV APOLON 69 EOOD NIKOL - 13 EOOD 27 SeeNews Industry Report

BONMIKS OOD HADZHIKOSTOVI OOD IVANET EOOD ET ISTAR-99-RUMYANA GEORGIEVA RAMIRA EOOD ET BALKANSKI - ISKREN BAKIEV NATALIYA-2002 EOOD ET YANE ZOYKOV ERISAL-ISMAIL EMIN ET INIKS - TODOROVI OOD DANI & NIKOL EOOD DARKO EAD KULINART OOD ROBAK OOD BREAD LOGISTIC OOD ELIANO KRIS EOOD RA - 1970 EOOD MULTIFRUT EAD KLIENTI EOOD EOOD PALAZA MES-KO EOOD BILKOKOOP EOOD AIDA - 8 EOOD ET ALADA-MOHAMED BANASHAK KONEKS TIVA AD SIMI-2011 EOOD KOLEV 44 EOOD ZAHARNO PETLE KIBAROVI I SIE SD BURDENIS-93 OOD ET IVETA CHERVENKOVA BENIVAN OOD IVE 68 OOD LOTOS OOD GEYOMA EOOD KUMIR-SI EOOD ET TODOR NESHKOV ET EMILIYA NACHEVA DIANA 10 ET ZHITEN KLAS -EVGENI SIMEONOV NIKO 33 EOOD NOVA SERDIKA DOBRICH EAD MILENA-MK OOD ET GYUNAY-AYSHE MEHMED ET MANILI - PETAR PETROV MARIKAR FUUD OOD BOROIMPEKS AD ABLAMILK EOOD IMADZHINE OOD TEKSAS 89 EOOD ET IVAN KUMANOV MESNI PRODUKTI T EOOD ROMB AD ARTISAN OOD ET DOBROTICH STEFAN HRISTOV TROYANSKA SKARA EOOD DZHI-SUIT EOOD SPEDAGRO EOOD ZHITENATA PITKA OOD AM KAMPANI OOD RALEVI 15 EOOD ROKSOS EOOD ET ZHEKO MONEV FISHKOM OOD ET RADKO-RADOSTIN HRISTOV DECHKOV - 60 EOOD NESEBAR FISH EOOD MANDRA - 1 OOD PARADAYZ 2014 OOD MELHISEDEK EOOD AY EKS AY DZHI OOD ASHKOM-NIKOLAEV EOOD ZHIVKO IVANOV 2000 EOOD ET MIMS METODI DENCHEN ET ERKIN - ERKIN ENVER ALYASKA OOD ET OLGA MITREVA - OLI DOBREV OOD NVN-BILKI ZA KRASOTA I ZDRAVE OOD ET TSONKA KOSEVA -V BISKVITKATA EOOD ANGEL HUBENOV 82 EOOD ET HRISI 97 IVANKA KARABOBEVA AYSMANIYA EOOD REID KAMPANI OOD BRIMEKS OOD ET VIKRIS NURAN KARAGYOZYAN ET DIYANA KANEVA - DETELINA ZORNITSA-IG 2009 OOD ELEKTA 09 EOOD MIG - 2016 EOOD ET SLAVA 67 RUMEN DIMITROV BRATYA HLEBARI OOD DZHEYELPI EOOD TOMI 2000 - TOMA TOMOV ET ALEV 2009 EOOD MISHOV-92 EOOD PEKARNI SIMID 92 OOD IN SHEYP EOOD NIAGARA FUNGI ILIYA ILIEV EOOD YOTOVI OOD KREYZI 2002 EOOD ET ES VI - ILIYA TODOROV GRABLEV ET PETAR MITOV-UNIVERSAL YUGOPLOD AD ALEKSANDROS 2010 OOD REYA-FISH OOD ET ZHIVOT - BOGDANKA MINCHEVA BORSA ZA PODPRAVKI EOOD ET LACHO-TSVETELIN NIKOLOV TARNOVO - MES EOOD ET SABINA - SEBAHAT DERVISHEVA GERCHETO OOD MFK ZIMNITSA EOOD HLEBOPROIZVODSTVO-KARDZHALI OOD ORGANIK FUUDS 87 EOOD OOD NIGOR -GOSPODINOVI KEYSING BULGARIA EOOD ATANAS GEORGIEV ATANASOV SD RAMI 56-91-RAMADAN SIE PEEV DM - STOYCHO PEEV ET PLESNEVI EOOD PROFARM GROUP OOD ET HIKARI KIRIL TRICHKOV-DIANA TRICHKOVA PRIMA FOODS AD TRONIS EOOD ARIEL FISH OOD DANI-2007 EOOD ET GREKI - MIROSLAV MITEV MARINA FISH TREYDING EOOD STEFAN SIMEONOV DENEV ET AHMED BOSHNAKOV ET NELI - MUSTAFA MUSTAFA POLIDES - PAVLINA IVANOVA DZHOVO EOOD PLEVEN - MES OOD BOVERA - IVANKA BOSHNAKOVA ET ELITSA 2002 E. KAYA OOD SPORT BIOFUUDS EOOD DZZD MEGA GRUP ZHELYAZKOV-M 87 EOOD KIV KOMERS OOD KIVI-CH EOOD ET IPEK - TEZDZHAN MUHSIN ET TONCHEV-DIMITAR TONCHEV TPSK OSVOBOZHDENIE-45 DOBRUDZHA 03 OOD ET DEMETRA-VLADIMIR TIHOV MM-2007 OOD NESTLE BULGARIA AD ET IVANOV-OLGA IVANOVA MANCHINI-90 EOOD SIULEIMANA TRADING OOD SINELI-2002 EOOD A EM DZHI GRUP EOOD ET IMPULS - YUSUF SADUL ADI SHTARBEVI EOOD GALINA 80 EOOD HALAL FUUD OOD ET STRAHIL GRUEV - KALINA REYNBOU FUUD OOD BEST FRUITS OOD BARTOL AD EMERES OOD MEGA GRUP 2011 ET MOKA BORISLAV TODOROV KROKANTINA OOD NIKOLOVI 10 EOOD ET DANIMIR MILEN MIHAYLOV OBEDINENA MLECHNA KOMPANIA AD MEMO OOD KARMES OOD ET YANTAR-T-TOTYO MECHKAROV NAYLE CHAVDAROVA EOOD MESOKOMBINAT - KARLOVO AD FINIDI OOD MUTAFCHIEV 57 EOOD MARTIS 09 KIPARIS - 13 EOOD BULMILK TONUS OOD HRISLAV EOOD BULGAR LUK OOD BEYKARS STANDART EOOD ET IBO - IBRAHIM NESEZHI DIEN EVARGRIYN OOD MAY 2003 S EOOD ET SVETLINA 2013 - SVETLA GEORGIEVA EOOD SINEKS ALAN SNAK TEH EOOD CHERKEZOV I SIN 2015 EOOD LIDING EOOD SANTA FE BG EOOD ET ARFA - ILIYA PETROV ET ZORNITSA VS - VASKA SOLAKOVA VENERA MG NIDI-GOLD GRUP EOOD MARITSA - S AD MEDITERIAN FUD SERVIS EOOD DESIMA - 2013 OOD KARMELA 2000 OOD ET RADA BELEZHKOVA ET TEO 2012 - HRISTO HRISTOV ET EYDI - YORDAN DIMITROV FAMILIAR EOOD BIO DZHUS EOOD BUSEM EOOD ET EBRU - KINA KABRANOVA DNK - MERICHLERI OOD SITI HLYAB EOOD YOKA - KONSERVNA FABRIKA EOOD FROST FUUD OOD ET AYSEL-AYSEL KODZHAYUMER ABDERA 2 EOOD IPP IVAN PETROV EOOD ET ELI- NIKOLA DUZOV ZORNITSA - KOMERS OOD DYUK DOMINION KOM OOD SIMS - 95 EOOD VALENTINO VALFUNGI OOD ELENA 85 EOOD KALUFRUCT PRODUCTION OOD ET ANGEL SARANDIEV ET SIMON-STEFKA GEORGIEVA ET SHAHSINE SAPUNDZHI KIV 2010 EOOD PANERA FUDS EOOD ET VINEKA- PETYA NEDKOVA DIRA 2014 OOD OU EM KEY OOD FURNA STANKOV OOD ET ZILI SHAF-ZORNITSA PANDZHIKOVA GURME KETARING ORION OOD DELFINA OOD PLOVDIV CHICKEN GROUP OOD HARNA PEKARNA EOOD BEYKARI 09 OOD AGI - 1 OOD VENETSIYA EOOD KOSTOVI S-IE - EMK, GENERAL PARTNERSHIP ALDI - 8 EOOD MOLAR MOLIN AD MARITSA EKOFROUZ EAD DIGANT - DIMITROV I GRIGOROV, GENERAL HL-TOPMIX OOD NEKTAR AD SKREZHEST OOD PARTNERSHIP ET DZHONI-N.IVANOV MLEKA GROUP OOD MULTIMES GRUP OOD ES VI EM BI EOOD NATALIYA 83 EOOD ZDRAVETS 76 EOOD STANCHO KOLEV EOOD ZORA 009 OOD IV-BO GRUP OOD ROYAL FRUIT BULGARIA OOD SAMI - N OOD DUNAV SUIIT OOD IVET - 21 EOOD KIKI 71 EOOD MAKSIMUM EOOD ET EDELVAYS-PETAR PETROV NASLADA 12 EOOD 28 SeeNews Industry Report

FURAJEN ZAVOD OOD ET SOFI - HALMI KEDIKOLU ET RAZPOPOV INTERAROMA OOD LINKA OOD MERCURI 2000 OOD ET SANI-68-SERGEY KOZHUHARSKI BULGARSKA ZAHAR AD ET AYDEMO - GYULSHEN EHLIMAN VALSOF OOD ET KAZI - ATANAS ILIEV ALIS MES - STROY EOOD ET KIVI-CH-YORDAN CHERNIKOV HEBAR AD ALEKSANDRA I MADLEN OOD ET ILIYA LINCHEV VELINGRAD FORI - 69 EOOD NENOVI OOD RUSKO-ALIM OOD JACOBS DOUWE EGBERTS OPS BG OOD ET TONI - KOPRINKA ANGELOVA INIKOM EOOD ZLATNATA YABALKA OOD BIONIA EOOD ORSETI EOOD SD ANVES SAMARDZHIEVA PETROVA I SIE DONIDO MILK OOD ET ALEKSIEV ALEKSI ALEKSIEV 5040 OOD YAGUAR-L.B EOOD NIKRONA EOOD MATEVI - 2011 EOOD ET SARA - GALYA GANCHEVA VAKRIL EOOD DZZD STOYANOVI PLEVENSKI BANITSI OOD ET NELI 57 ANETA ALADZHOVA DION OOD MIMOZA-22 EOOD ET PEROLA-MARKRIT KARLOVSKA DZZD RAYKOVI - V. I E. ET MEDIVA - DIANA STOYANOVA TEDI-MER EOOD ET MELANSH-11-MILA BOMBASHIROVA KERI EOOD MEGATRON - D EOOD ET STOYANKA DIMOVA -2003 MARTINA KOMERS-IAVOR ENEV SOLE TRADER VIOLETA-2013 EOOD STIL - EA EOOD RILSKA MALINA EOOD BODPIE EOOD SD IVTAN MLECHEN HIT EOOD TEA 2003 EOOD TEMPO EOOD GRADUS-3 AD MEGAHRAN 2015 EOOD BULDRAINIM OOD TOMATO GRUP OOD DELIKATES-2 OOD RUSI DIMITROV 2004 EOOD ET TSVETELINA CHILINGIROVA EYA 66 EOOD PARNYORI 2001 AD PEKARNA EOOD ET PRIMA - VESELIN VASILEV PETYA VRACHEVA EOOD ALAMANSKI OOD AMOR DULSE-VV EOOD FONIKO S EOOD SIY FUUD EOOD SAMVEL-1 OOD OVI & SARI OOD DZZD ZORA ET NIKA- 2006 TSVETANKA STOYKOVA BULGARIA FOODS OOD DANELI - 2000 OOD DESI 92 EOOD ET TEDI SASHKA IVANOVA ET VIDIN RUDARSKI PETRA - PETRANA FILIPOVA ET ADI EOOD BALKAM AD MICROART 7 OOD DAYARI PRODAKTS EOOD VITALINA 2006 OOD AGRINDO EOOD VIKTORIYANA-BYALA OOD SHUGARLES EOOD ET RALITSA 83 - PETKO TODOROV EKOSEM BULGARIA OOD ET SMG KOMERS-STOYAN GROZDANOV VLANEL OOD KOMER EOOD DEL - GOS OOD PRELYUD-13 OOD FARST KOMERS EOOD STENLI EOOD SHAMPION - 16 EOOD KARAMELA MARKOV OOD ALEKSIS 2011 ERUSALIMSKA PITA OOD IVAN PEEV - 2014 EOOD SIRIUS 2D EOOD ET SEMA - EMIL STANEV TORNADO KOMERS OOD MOYA GROUP EOOD ET ROZI - DRAGOMIR VOYKOV ZAGORE AD BAKERS OOD ANIKO BG EOOD ET KRISTIYAN - IV - KRASTINKA KOLEVA KAYRYAKOVI OOD SISIYA 97 EOOD VESPADO I SINOVE EOOD MISTAR IVAS OOD HLEBOZAVOD OOD ET RYUVEYDE CHOLAK ET AVIANA FATIME GALENOVA ET RUDI - RUMEN RADUKANOV NELI PRINTSES END KO EOOD ET TEDI-IVAN YOTOV VIDIN ABI 2015 EOOD HETTRIK OOD LIDO DEK EOOD EOOD TAYFUN - 94 - TEMENUZHKA KICHUKOVA ET TATYANA KIRILOVA - TED ET ANGEL MOSKOV STEFANI-1 EOOD ADISAN OOD MARVEL 01 OOD PROFEKS HLYAB - S EAD LOZANA - 62 EOOD BULRAN OOD ZHAR - 09 - GEORGI ZAPREV EOOD ALEKSIOPOL OOD TERZI EOOD ET NURIE CHUCHUKOVA - AYLIN - SILVIYA ILIEVA LA FENICHE EOOD PLANT OYL AD DI EN SI OOD ET NIKOLA ABRASHKOV-ABRASHKOV-YAVOR EDELVAYS 72 EOOD ABRASHKOV OOD SLAVYANI YAMBOL DELTA-98 EOOD MAGNALABS EOOD ORIZARNA PAZARDZHIK OOD ET IZMIR VESELINA-80 EOOD KANO EOOD EKSELIS HRANI EOOD MLADITE LAVOVE-BAKALOV EOOD K I F - SOFIYA OOD GLAMUR EOOD TONI-2006 - ASEN KIRYAKOV EDNOLICHEN ET YONI YORDANKA NIKOLOVA MARIYAN 2000 EOOD 100 LETA OOD TARGOVETS VIAN 35 EOOD DOBREV TRADE OOD EST TREYD OOD RODOPSKA ZAKUSKA EOOD KREMIO EAD ET VALENTINO 79 PEYCHO PEYKOV - ATLA MARIA ET SOLE TRADER VIP SIMERS GROUP OOD ET YANI-YANA KOSTADINOVA TRANDEVI EOOD MELINA 2010 OOD ET GYULFIZE SAHATCHIEVA ET SHENOL - FATME SALIM ET NAYDEN KARKOVSKI KARK- NA BORNIK-BORISLAV GENCHEV ET DEMETRA SEED EOOD MONI MES EOOD ET EMIN IBRYAM - VILDAN EMIN ET FERO - FERDIN ASANOV DIKA IV GAL 67 EOOD PIMI OOD ET ALTO - EMIL PETROV MOLINERO EOOD PERFEKTO - 83 OOD OOD NIK-OOD ALEGRIYA 2011 EOOD ET ABI-ANNA IVANOVA DIAMANT - 93 OOD NIKOLOV I KO VARNA EOOD DN I TN EOOD ET STRAHIL PARAPANOV ET SABCHO BALKANSKI-MELODIYA IVAYLO POPOV-2012 EOOD ELVAN - 2010 EOOD ET MEGA-LYUBOMIR YORDANOV MELISA OOD CODAP OOD POLIDEY - 2 OOD DUNAVSKO BRASHNO OOD ROO BRANDS OOD BATATA EOOD HLEBMASH COMMERS 95 AD ET ANDRINA-ZLATI ZLATEV SLADAK RAY - 2012 EOOD DEREK OOD REDZHINI OOD NUTRIMIKS OOD ET IDEAL KOMERST-ADNAN MOHSEN PREMIER-TM OOD ET ILIEVI 89 - MIROSLAV ILIEV ADREA OOD MELNITSA S.STEFANOVO EOOD MILAS - 2014 EOOD ET LILIYA 89 NIKOLA GEORGIEV UNI EXPORT-IMPORT EOOD HLEBNI I SLADKARSKI IZDELIA EOOD FITTO EOOD BOGEY - 2015 EOOD ELEGANS-2 EOOD ORHANIE MEET OOD SKALMEKS OOD SANI - KONS PARTNERSHIP TN, GENERAL ET FATME KENALIEVA POSEYDON-66 EOOD PARTNERSHIP INSTANT EOOD ZOYA-MARIN DOBREV 1 EOOD EOOD RITARN SEVERIN DT EOOD PREA 2011 OOD BELLKA OOD KALEVI OOD HARI 64 EOOD MESPRODUKT-ROGOSH EOOD TANITA-13 EOOD GALKO EOOD VIDAL OOD OLIMPOS - 99 OOD ITTS OOD ROKA-CO OOD SIBIO 93 OOD SHTIPKA SHTASTIE EOOD HILDIKS EOOD ET NHH NERGYUZE HATIB NOCHOLA VITORIYA EOOD KLIMENT 65 OOD GALUS 2004 OOD KRASI 2013 EOOD SKORPION 21 OOD SAVINA 95 EOOD ANIPRO AD TYUI OOD BOLSHANS-5 EOOD MILASHKI EOOD SVETIVA - TERZIEV EOOD RIKOS EOOD FRESH LAYF EOOD GAL-2005 EOOD ET IVAN BILEV AGROPAKET EOOD YOMI-SZHS EOOD ET METO 2002 - BOZHIDAR PANOV 29 SeeNews Industry Report

DOSH OOD ALIT INVEST EOOD ET IVANKA MANOLOVA OLIMP OOD FABI 2014 EOOD VKUSEN HLYAB EOOD EOOD CHENIRA M TORTI EVGENIYA 2011 EOOD HADZHIEVA 1 EOOD EVROMES-M EOOD TANYA - ANTONINA S. IVANOVA EOOD ELVI I SLAVI EOOD MELNICA KARNOBAT-2006 AD M I M EOOD ET KATERINA STOYCHEVA ET ALADIN - ATIDZHE KURDOVA ET TRIUMF - MIROSLAV PETROV GOLDIES FOODS AND DRINKS OOD IYA EOOD CHERVENKOV 1 OOD ET MAVCHO - MINKA ANDREEVA BAYRAM OGLU BAKLAVA OOD LEVMEL - 13 EOOD IZIMAR OOD EOOD RIO KAFE ET ARTO - S - HARUTYUN STEPANYAN ET VELICHKA ANDONOVA - VILI KREYZI FUUD TREYD EOOD ET ULAN-DZHAMAL ULANOV TIP-K ET ET NIKI FARS-NIKOLAY TODOROV SERHI EOOD KIDAR EOOD IDA PRODUCTION EOOD SHISHKOV 85 EOOD GRAMI EOOD ET TANYA ANDREEVA - ADI MONDELEZ BULGARIA PRODUCTION OOD LAVENDER OOD SERDIKA BULGARIA AD (FORMERLY KNOWN AS SERDIKA - SLIVEN AD) ET DONKA KIREVA - DONADONI OZMAR-HUBAVI NESHTA EOOD LINAPEK EOOD ET IVAN DUNDEV ET REVART KADIR ET GLORIYA-KIRCHO HRISTOV NOLEV EOOD METALIK-MARINOVI 5 EOOD EYCH EM KEY NUR OOD ET SASHO NAYDENOV - SECHKO 2 PARAPINA-TODOR VALKOV 1 OOD ET ''RENO - SAFIE ALIEVA'' SON ARZU EOOD IV - MES OOD MELNITSA SLIVEN - 2003 OOD IN MAR 1008 EOOD SD ZHANA 90 - ATANASOVI SIE AY FI 10 EOOD IZIEN EOOD 'MELKOM-STRALDZHA' OOD TEYKA EOOD TREST B DISTRIBUTION AD ET PAKULEV - YANKO PAKULEV INVEST BG EOOD ET DIK-67 SWEET WAY OOD TSVETI 99 EOOD ET ZINAIDA MILKOVA ZIMS-96 ET TOMI-RENETA TSEKOVA ZLATEN KLAS LUKOVIT OOD ET KRASIMIRA BOLYOVSKA ET BOYKA KOSTOVA ET DIMO TERZIYSKI ET NIK-96-NIKOLAY ROBOV NAVARO-H EAD SD BONI VESHKOV I SIE OOD ET TOGI - GINKA ATANOSVA BIOPROTEKT 1 ELPIDA 2014 EOOD KIKO HLYAB OOD LA KATLEA EOOD ET KOSTADIN GEBRELIEV - GEBI MADINELIYA EOOD KLEARMONT AD SLAVYANKA EOOD NIKOL 2011 EOOD MONSI -52 EOOD TV MES OOD MISTAR DINO I KO OOD MILK 3 EOOD SKARPA OOD ET YORDANKA ALEKSANDROVA ET SINYORITA-KRASI-TSVETANKA TOSHMAKOVA MOON LIGHT D.SH.D OOD ET VILDA -BEYHAN ALI VANYA GD TREYD EOOD ET ANET - AHMED CHAUSH SLAYT - 81 EOOD ET BULGARPLOD KYUSTENDIL-GEORGI RAZSIPIYSKI YAS-KA OOD MIG-2 OOD JORDANI EOOD ET KRASI - KRASIMIR YOSKOV DI PI EL 2013 EOOD ET DOLI - ALEKSI ALEKSIEV ELISS 2003 EOOD BIO OYLS KOLEV I KO TIHI 2014 EOOD OGI-99 EOOD PRESLAVA EOOD ET DZHORITO - ZHORO MITEV YO - VIG 2004 EOOD MILMEKS OOD SILVENA - HRISTOV EOOD PETROV I SIE - PETAR PETROV ET ET STOYANKA CHUNGAROVA-NIKIVA SIMIS FUUD 2014 EOOD BORISOV I SIN EOOD ET NIKOLAY KAMENOV 2009 TUSHEV INVEST EOOD CHAKIS KOFI ROUSTARI OOD ET DEN I NOSHT - PLAMEN STOIMENOV EURO MEAT & MILK OOD SHARKOVI I SIE SD ET NIKI-NIKOLETA GAYTANDZHIEVA DABOYS OOD ET BILEK-DIMITAR PEYNEKOV AGROMEL KIT OOD FILUKS EOOD ET ELKO GEORGI ANGOV ET KATERINA DEMIR DEMIREV NEOKONS OOD SREDNA GORA - 2010 EOOD LALOV I VACHEV EOOD SHENEL - SHABAN SHABAN ET SOLE TRADER YUSEIN - ALTAN 1 EOOD ET MEDIYANA - MEDIYANA ASENOVA NATALI-M-2014 EOOD TRAKIYSKI HLYAB OOD P-2 STUDIO EOOD ET BILYANA - LAZAR LAZAROV TOPMILK COMPANY OOD ARZEMUS-AZIS TOKALIEV ET DEBAR OOD ALISIA STEFAN - 2002 OOD ET STEFI - STEFKA MUSTAFA KYUBIT-VALENTIN GENCHEV ET ET IVAN GARDEV-52 ET BABA TONKA DMD ET SEVGIN AHMEDOV - EVROPLAST A I K 2000 OOD ET SELENA - RASHID CHAUSHEV RILA MEL OOD MISHEL 69 OOD ATANASOV-2012 EOOD ES AR TI EOOD ET DIMITAR BELOVIDOV-DENITSA ET ATANAS VITANOV BULAPETI-N.V. OOD BULDEKS OOD MORSKI RIBOLOV-NESEBAR OOD ALI 37 EOOD ET NADEZHDA KOSTOVA OLIVAL OOD NI-KAY NIKOLAY KAYDZHIEV ET ET DIMITAR VALKOV - MLADSHI MAXILAND OOD GEPARD OOD BOILL EOOD TUGITAT EOOD RENATA NT OOD SUCCESS OOD ET DIMITAR ASPARUHOV - ASI PEKTODAR EOOD EOOD NASLADA LIA OZI FUUD OOD EOOD ELLI 99 ALEMIT OOD DUMI 68 EOOD ET MEDIS TUZI HERBS INDASTRI OOD TIS - 98 OOD ET DOS-NURI NURDIN ET DZHI EN EY -GEORGI ALEKSANDROV ET RADINA DAIDOVA OOD GAYO SHOKOLAD BERUS MEL AD NI-VAS FUUDS OOD ET YEHOVA-IRE - SNEZHANKA VACHEVA KERIAN-KETI DIMOVA ET ET VASILKA ATANASOVA ET ANDON STOYANOV DISI M EOOD CHINAR TREYD OOD TPK PIRIN CORTE DILETTO OOD ET ANIKO ET STOYA HRISTOVA-KARADESI TOZHUR EOOD PASIFIK STAR AD DIKO 68 EOOD PRELOM 0211 EOOD MECHO SLADKO EOOD ZLATKOVI-TR OOD LAYF SPRING OOD ET HRISI-MITKA LAMBOVA ET LILIYA - YORDANKA YORDANOVA CHERI KOMERS 63 EOOD ET SENIHA KOYNAROVA BEST 92 EOOD ET MOMCHIL STOEV LI MART I KO OOD LYULIN KOMERS EOOD SHARKON EOOD RAYZ KAMPANI OOD KONISA SHOKOLAD OOD ET KRASIMIR HVOYNEV ET METODI BORISOV - 50 TRAKIYSKI KLAS BOGDANOVI OOD NIKOLE - N EOOD ET VESILE YUMEROVA-75 SISBARI EOOD OOD MIYT-DROPLA EVRODAKS EOOD ET VERI M KARIL I TANYA AD ET DOUTAN-VALERI BRATOEVSKI ZHOSI OOD ET KRISTIYAN HAYRABEDYAN - RAY STON FAMILIYA BALKANSKI OOD RUMDO MEL OOD BEYKARI OOD EVRONES EOOD MESOMANIYA TREYD EOOD AIM-2009 EOOD DILAYT EOOD SASHO TASKOV OOD YADKI DETELINA OOD CHERNEV EOOD NIKOLET EMILOVA ZAYCHEVA MONEO 94 EOOD ET KUBA LYUBOMIR PRANAROV SD SINIGER 52 SIVILOVI S IE ET DORA ZHIVKO ZHELEV ET ELPIN TREYD - ELENA NIKOLOVA PROMISHLENO I HIBRIDNO ZHIVOTNOVADSTVO BROTHERS COMMERCE EAD MILISA OOD ET SALTI-MIHAELA AL SALTI DAR 09 EOOD ET FANES-ASAN IBRYAMOV MERKEZ OOD TUNEX OOD LABESVET OOD M INVEST BG EOOD PANIPAN EOOD KRUP INVEST AD ILTEX OOD EDELVAYS 30 EOOD VENETSIYA 2 OOD BULFRUCT OOD ET KARO 2 30 SeeNews Industry Report

MED I PCHELNI PRODUKTI EOOD BULDIREKT EOOD M.K.D EOOD SNEZHANA GEORGIEVA-LILIYA 86 ET OSEM GRUP EOOD ROMAN 49 EOOD DZZD RALYU ROMANS -G.GEORGIEV EOOD VERNIER AD BORSA EOOD NIKO 2268 EOOD GRIL EOOD DENTI EOOD EVELIN 29 OOD AGROPROMILK PLAMEN TODOROV MARIANA ZORA EOOD PIMEL TREYDING EOOD MAXI MES OOD ET RENI 2000-ANGEL ANGELOV ET GIKAS HRISTO YANEV ROYAL T.M. OOD RILA MES OOD ET ESMAI HYUSNA - MAHMURE YUSEINOVA ET ZHIVKA MANOLOVA - DZHIM M ISMAILOVA ZAHARNA FEYA-9 EOOD MAESTRA MIA EOOD AL STON EOOD MIHAIL VALKANOV 2014 EOOD ET ELIVA - SHENOL YUSNYU SD DVETE AKATSII YAV-GO EOOD ET APOSTOLOV-K-GEORGI APOSTOLOV TEDI-TODOR KRASTEV ET NASLADA 02 OOD KALIYA 15 EOOD PARTNERS AD ASTREYA-KETARING OOD ET TATYANA OGNYANOVA-2005 MM ELVETA EOOD ET IVAN VUCHEV CHAR 05 OOD ET ANDZHI - ANIFE SALIMEHMEDOVA 3 UEYV EOOD BHM OOD POPIMONI EOOD HELIOS OIL OOD ZLATNA NIVA 09 OOD YAVATA EOOD SANFLAUARS BG PRODUKT OOD TARANSKI EOOD AGRO LOZNITSA OOD EKOPLOD - BG EOOD ELA EOOD MONAKO PARK OOD ET BORISLAV BORISOV 1 ET MITI - VESKA LAMBOVA ZDRAVKO GEORGIEV ET SOLE TRADER DOSPI-97 EOOD BURGER GROUP OOD ET KADIFE - LEMAN ADZHOVA GUTEVI 15 EOOD MARUSYA 2012 EOOD BELS EOOD SIMIT OOD MELNITSI IVAN DIMOV EOOD IVEYN 2011 EOOD PRI METODIEVI OOD ZAPRI 2 EOOD FAYN-R EOOD ILIANA 58 EOOD SINERGI GRUP EOOD ET DANAIL KUNINSKI DIK VELADA EOOD ET LEMAN AHMEDOVA KZV FUUD EOOD STRANDZHA-MP OOD ET HRISTINA SHAPKOVA NIKEMA EOOD ET TOP 20 - TSVETOMIR MRAMORENSKI RAYN 2015 EOOD BLU STAR 93 EOOD ET RAVIYA 2000 - IVANKA CHAVDAROVA ALKOZERO - BULGARIA EOOD BORUNA-1 EOOD FOBOS 99 EOOD DIAMANT-2010 EOOD BAERO OOD ET BEROVI - MINKA BEROVA ET LOTUS 2 - IVAN IVANOV KAETSA EOOD PIRIN MES 1 OOD YOLI-2000.BG OOD ET MILINA DK - DIMITAR ANGELOV METIKA-2000 OOD PIRENI OOD MUSTANG SS 75 EOOD IRKOMA PARTNARS OOD DAKI 01 EOOD AGROBIOTEH EOOD MILKINZHENERING OOD ALGAE FARM AD AMEVA FAYN FUUD EVROPA EOOD ET EDI - VALIA IVANOVA FILIBON OOD IVAL - 2015 OOD SD PANATSEYA-ZH MANGALDZHIEVI I SIE DENI - 2014 OOD EM ER GRUP OOD HLEBAR 2015 OOD ARNI 2013 EOOD MJ DAIRIES OOD M FUUD GRUP EOOD TOP KOAFYOR EOOD PETAR PARVANOV-DEMETRA SOLE TRADER VEGA G. V. EOD DIMES 2000 OOD ET NIKITA - NIKOLINA TODOROVA NIKOL EOOD EMO 72-BG EOOD VALMES - KF EOOD AGRO BAZA VIDIN OOD ZAIRA-Z.Z. OOD NN DZHI EOOD ET YUG - YUSEIN YUSEIN ET KURDEVI - FADLIE SMAILOVA PETYA GEORGIEVA 12 EOOD BLEK SIY SNAKS EOOD VAVILONIYA-2010 EOOD ET ANTOANETA GEORGIEVA 2001 IRI - MAR 1 EOOD BOBO - K EOOD MIYT TREYD GRUP OOD NVP OOD ET RAMBO - EHMEMAN RAMADANOV GRATSIYA EN EOOD CHOCHO - 05 OOD KRIYMARS OOD BURCHIN-98 EOOD V A S SH EOOD ET P.ADAMOV-90-A.PETROVA YULKNUR BG OOD ET ILIEV -DG-VASKO ILIEV PIK FUUD EOOD VELVAS OOD RENGLOR EOOD GRADUS-1 OOD SLADKO I SOLENO - 8682 OOD KOSTOV 61 EOOD EFI KDT EOOD ET YUVETA - YURI DAYCHEV GAMA 2002 OOD LACH - 50 OOD ET MECHTA METODI AVRAMOV SIMA-09 EOOD BAG KOFI OOD BALKAN RICE OOD BORA 21 EOOD ET SLAVCHO HRISTOV- STEFANI 67 ET ASLAN-MILKO IVANOV ET IV 2007 SAMUIL RIDVAN NYUANS 89 OOD SIMEONOVI-VIKTORIYA EOOD ET PALOMA IVAN CHURKIN DIMI EOOD NIK-MINA EOOD ZVEZDA AD DZHELA - N.D. EOOD ET AFRODITA-PETYA HRISTOVA ET MARTI - PENKA HADZHIEVA ILIYA PAVLOV-M. P. EOOD SANDRA 2010 EOOD ELBOKADA 2015 OOD SANDER 2000 OOD LINDAREV EOOD FRESH TEYST AD ET IRINA RADENKOVA EMPANADA EOOD ET ILIYANA GEORGIEVA-SHIYACHKI 2002 - BG FUUDS EOOD GEORGI GEORGIEV MAFI OOD DELTA KOLEV I SIN - OOD VIP TREYS SOFIYA EOOD ORGANIK LAYF OOD STRAHIL IVANOV 2010 EOOD FARMA BIO TEH EOOD EM I AS OOD KAPKEYK STUDIO OOD ET ALEKSANDAR NANKOV VEDI 3 EOOD HLEBOZAVOD VELIKO TARNOVO AD EM EN TREYD EOOD EMALI EOOD TOMI DULSE EOOD 4TOUKS AD ZORI LUKS OOD ET FELIZ - MITKO STEFANOV LOTOS 4 OOD RAVNOGOR OOD ET YAVOR LUKS 90 SHTIPKA LYUBOV EOOD EOOD FAVORIT 2004 ET SUITI-2001-TSVETANKA TILEVA SPARTAK-78 EOOD LSG IMPORT EKSPORT OOD VELICHKO IVANOV - VENETSIA ET SOLE TRADER FURAZH ROSITSA AD VEGA KOMERS-PETYO YOTOV EOOD BERUS - 97 AD STREYTS OOD ZAHARNA KASHTA EOOD GABI 2012 EOOD DEVA - KAZAKOVI EOOD ET SISI - 59 SILVIYA IVANOVA SD REZON-IM - GABROVSKI I SIE ET ZHODISNI - SVETLIN GEORGIEV ET KOLOR-SK - STOYAN KALINOV - ELITSA DECH EOOD SHIK STANKA GEORGIEVA ET KALINOVA EM DZHI EM 3 EOOD AGRO-44 EOOD NOVA ZORA EOOD ET VANYA I TANYA - IVANKA ILIEVA PK - ANDONOVA EOOD BAROV EOOD NIKONA DELI-A EOOD MARITSA OOD AVA OOD ELIT - PEPA LAMBUROVA EOOD ET ROSITSA 2010-ROSITSA VASILEVA ET EDIMEKS - EVGENI DIMITROV ALFA MARKETING OOD ETNASKA 2000 ATANASKA PETKOVA ET EMONA - STOYANKA HRISTOZOVA ET ELITSA-RUMEN BURDEV ET ZORA - ZDRAVKO ZDRAVKOV VKUSNA YADKA AD FURNA ILIAN STANKOV OOD LOMAN EOOD ET BOBI - BOYKA NAYDENOVA M - PAK EOOD HITI GRUP EOOD ET VELES-KOSTADIN VELEV FRESH DEYRIZ OOD IL EOOD ET RAD - VLAD - ST. STOYCHEV ET ISTAR 2-GENYO PANYOV ET GIDA -GERGINA DIMOVA ET DZHORDAN - YORDAN KOLEV ET MIG 91 - GEORGI CHOLAKOV ET RUMBA -RUMEN PANAYOTOV BIOGEYM OOD RIKO EOOD ET AIDA-GYUNAY IBRYAM OOD GRIG 1 ID POLINEZA - EOOD - VRATSA ET VELICHKA KOTSEVA HITEKS EOOD ET NEDELKA KUZMANOVA-NK 56 OLIVA BG OOD 31 SeeNews Industry Report

SUNIVERS OOD ET ALIBEY - ALI ALIEV GYUNTER - 13 EOOD TAMIVI EOOD STEFMARK STEFAN MARKOV ET SLIMFOOD OOD CHOLAKOVI EOOD HANI TREYD 2012 EOOD ET BOSTAN - 8 - STOYAN YANEV ET KRASIMIR STAMENOV MONESTO EOOD RASPUTIN 87 OOD FURNA LAZUR 1976 EOOD ET BERI-BAHAR HAYRULOVA ET TODOR GOSPODINOV ET TANYA GEORGI VELEV-99 RUZHA 2011 OOD SUNOPTA FOODS BULGARIA OOD YAVORINI-GALINA IVANOVA ET ET STRAZHATA-BAYRYAM MUSTAFA AL - AR - DI EOOD HADAD OOD YULINEL OOD KUMINYANO FRUT OOD ET SLANCHEV LACH-SVETLANA MATEVA ET KARTAL-SHEFKE MEHMED TSANI ART OOD LOTSAN EOOD LORELAY EOOD ET ZARTOV V. - VLADIMIR IVANOV ATI - MO OOD BAYFA AD ET YORGO - GOSHO DOYCHINOV ZHANA OOD RODOPA KOM OOD EKSTRAKTFARMA EOOD RKS FAMILIYA EOOD VESTA TREYDING EOOD HLEBNA PROMISHLENOST AD ET ALFA-ALEKSI BOZHKOV YONKA DOSHKOVA-55 ET ET RADIYANA - DILYAN YORDANOV KIROVI 4 OOD LOM TRANS OOD ET TONI - EN - TODOR NIKOV TERABELLA OOD ET TIN I MEGI AYTIN SELIMOV ET NIKOLAY HADZHIEV-NIVEL ELENA BARDAROVA - M EOOD ELINI -90 - DANIELA GEORGIEVA ET ORION 2002 OOD KOMOKS- DONCHEV I DONCHEVA S-IE SD ET KANA TENEVA ORGANIKA HEKIMOV EOOD KLASIK ARNAUT OOD LIYANA-M EOOD BELL HOMEOPATIYA OOD BONIK -91 EOOD EKOEKS-M EOOD SD IVMA - 90 - IVANOVI I SIE ADES TREYD EOOD PASHO OOD ET MARTI-2014-MARIYA MIHAYLOVA ET BEST-KRASIMIRA KOLEVA ET DUNAVSKI KAT - YU. HAMDI MILOTA OOD KUTINOVA 71 EOOD SI COMMERCIAL 7 OOD ALF - ANZHELO TSVETANOV ET MLECHEN RAY-2 OOD EVROGAZ OOD ILEA-M OOD MESONI OOD EKOPRODUKT - 91 EOOD ALLIANCE AGRICOLE - ALAG OOD FUUD GRUP EOOD VALERVAN EOOD FRUCTO SLIVEN AD AGRO SIP OOD CHAVDAR 2014 EOOD MVCH KARABUNAR OOD ET DAYSKI - KONSTANTIN DAYSKI MAGI - NIK EOOD ET VERONIKA 7 - VASIL KALOFEROV TEMISA 15 EOOD VKUSOTIYKA 7 OOD FEBKORS EOOD AY I M EOOD ET FERA IVANKA KIRILOVA GALYA M EOOD GELATO 2009 OOD NEL-KA OOD ET REDDZHEKI - REDZHEP DZHEVAT GEORGI SHALAMANOV-17 EOOD CH V M OOD NATISLAV EOOD INTERBIORESURSI EOOD 5-R OOD ET NIKOLA NIKOLOV-95 ET MANOL VELIKOV UNITEMP EOOD ET MARTI - BISER KIRCHEV OLIVA AD MINCHEVI EOOD OLIGK EOOD EUROPACK OOD HLEBOPROIZVODSTVO-BIKOVI-93 OOD SHEFAR EOOD SPASENA EOOD ET MARSILIYA - MARIN TRIFONOV VKUSOTEKA EOOD GLORI OOD ET GEORGI MALINOV ET SINDI - EVGENI YORDANOV MILTET EOOD ET ILIYA GLAVUROV ET 'IMANSON - MARA DELCHEVA' ET SHANS - NADYA VALOVA ET IZZET DAGLOV - DAGLAS HLYAB EKOMEK EOOD NALA 75 EOOD KOLYO STOYANOV STOYANOV LOTOS N OOD ET DZHENTILE - DZHAVAT DZHILDZHOV GOLD BEYKARI EOOD NEDEV STIL EOOD SI KO OOD SHEF CHAKAROV EOOD PLEVENSKI HLYAB OOD MIA-206 EOOD SIMID FUUDS EOOD GOLIAMA DOBRUDJANSKA MELNITSA OOD SLAVCHEV 2000 EOOD KOOPAGROSPEKTAR OOD ETSE TREYDING EOOD RILA-MILK EOOD ET NIKOLAY NIKOLOV ET ALEKS - EMIN MURAD ET ROYAL-RAFET ISMAILOV FIRIN OOD AVIS EOOD ANONA TRADE EOOD EMIL I RUMI OOD ET RAYCHO - RAIM MAHMUDOV DOLCHE VITA 21 EOOD EKOFUUD.BG OOD ET MILEN GAVAZOV ET VLADIYANA - VLADIMIR ZHIVKOV NENOVI - MILEN NENOV EOOD ET MAYK IVAN BELCHEV AGRIKOLI EOOD RADI 2006 OOD DITA 8 EOOD DENCHEV MEL EOOD ESTEER EOOD PRESLAVA I MADLEN EOOD ET ROKO - ANGEL TOPALOV DIMITAR MADZHAROV - 2 OOD ARINA 2006 OOD KRAL 1 EOOD ET KAM - PETAR ANGELOV KONKORDIYA-ANTONI PETKOV EOOD KEY BIO INDASTRI BULGARIA EOOD EOOD SLADOST EZB 1 EOOD ET DIMO DIMOV PAR FS- TUNI EOOD IMAM - MIYT OOD ET TED - MILKO METODIEV TABEMAT OOD RAYONNA POTREBITELNA KOOPERATSIYA EKO BULSTANDART EOOD KASTRAKLI BLAGO SV EOOD KALIA OOD ADIT KO OOD KRASI EOOD BULKARTO OOD VIGIMED EOOD SD GALATEYA 2000 - BYALKOVA I SIE AGROKOMERS OOD SAVOYA EV OOD AGROKOMERS - 98 OOD INERT MK EOOD ET DIMITRIYA LAZAROVA-NIKI DAN FERNET EOOD KALOYAN I KO EOOD DZZD SONMER MUSTAN 3 OOD PARTNYORI LIMITID EOOD ET ROKO - ROSEN UZUNOV ET ILIYA ILIEV ET HLEBOPEKARNA VARDAR ZLATNO RUNO OOD ET FERO-SHAKIR MEHMED OLITRADE OOD DIAMANT - 99 EOOD DESII EOOD DI EM PI - 2015 EOOD DEZIRE 86 EOOD ET IVAN IVANOV IA ET MARGARITA HAMBARLIYSKA ET GEORGI FERDINANDOV DAKATA-RUMYANA IVANOVA ET ET ANI-89 MUKADES MUSTAFA KOVACHEVI-SITI OOD USHEVI GRUP EOOD ET RADOSTINA - KR. KAMBEROV - EM. HRIZANTEMA OOD KAMBEROV ET DAMYANOV 64- YOSIF DAMYANOV 545 EOOD BOROSVET OOD ET SLAVIYA TODOR TODOROV BUL FUNGI OOD ZDRAVOSLOVEN BUMERANG 1 EOOD SAD 2005 EOOD ET DAFINA ATANASOVA-DAFI TONI 2006 EOOD DEKADA OOD AMBASADOR 7779 OOD GDP PAGUREVI EOOD TIBON OOD ET ANGEL RANGELOV 2000 TAMARIN EOOD SAHAND OOD BIK OOD DETELINA BK EOOD KREDO 98 OOD UNIBEL AD ET STOICHKOV-8-STEFAN ANGELOV PRIYATELI 2014 OOD IVONIK-2008 EOOD EOOD FRIGO EOOD BETI 926 EOOD VI AR GRUP EOOD ORBITA OOD KREDO DEGRANO EOOD EOOD EVAMEL ET YANA ELCHINOVA MMIG-2006 OOD SAF-V EOOD TIHOMIR HRISTOV ET BALEVSKI EOOD ET ASYA 13 - ASAN MUSTAFA ET DIMITAR MITEV ELIT MES MINEV - RODOPA - V.T. OOD ET NIKI - NIKOLINA TODOROVA FENIKS AGRO OOD ET SVETLA ANGELOVA - MEMODZHAN-2009 ET ILZA YAHOVA-2011 MIKRA KETARING EOOD BURGATA EOOD R - 4 EOOD ZANAYATCHIYSKI HLYAB OOD AHAT - H EOOD NIKON-NIKOLAI NOKOLOV SOLE TRADER MAYARD OOD SIATRADE OOD ET STIV 95 - ZAHARINKA CHUKOVA BIOSTAYL OOD CHERI KOMERS 1962 EOOD VIKTORIYA 83 EOOD 32 SeeNews Industry Report

KUSI EOOD ET DENI - NIKOLAY ASENOV AKVA GRIYN 2014 EOOD ANIMART - 81 EOOD ALEKS BIO RUM EOOD ET RUNEL - RUMEN IVANOV FENIKS 22 AD LAGANA EOOD ET BULAGENT EKSPORT-IMPORT DIVALS 99 EOOD KRIS RUM EOOD KOSHI-777 EOOD SMM MEAT OOD ERAVAS OOD STEAN OOD ORGANIK ARONIYA OOD TERES KOMERS EOOD ET TANYA DIMITROVA-NADIN ET TOMA YAZHEKOV - STIL 2003 HELIOS MILK EOOD DIZHO 2015 EOOD ET RICHI TOMA TOMOV GRAZHDANSKO DRUZHESTVO S.LYUBENETS BRATYA ZAFIROVI OOD ET DETELINA-MARIN MARINOV KRISS 93 EOOD BABA TONKA OOD KETCHUP-FRUCKT INVEST AD TOPAZ MEL OOD BENET EOOD ES BI EM KEY NUR EOOD ETALI EOOD NOVA HLYAB OOD ET ILIYA IVANOV - ZORNITSA SD GALATS- DIMITROVI SADRUZHIE SD IRADI-96-MITOV ANGELOVA ET LYUBOMIR NIKOLOV ZAHARNI IZDELIA VARNA OOD ET VASILKA KOLAROVA YALDAZ 2012 EOOD SRACHKOVTSITE EOOD T.TOMA-TRIFON TRIFONOV ET RIPEGA DRIYM EOOD SEYSAMIRING EOOD MAKROCOM OOD ET BILTRANS - VLADISLAV VELEV ET CHIFLIK BALCHOVITSA - MILA CHOBANOVA DARUM-2014 EOOD VKR - 2000 EOOD ET DIMITAR PEPELANOV IVEGEL EOOD SONYA PANAYOTOVA - 82 EOOD IMPAS 14 OOD ZOYA-91 OOD EMGEMI EOOD HABI-72 EOOD ALKO- A-VO OOD ZHORZHETA G - 1 EOOD AVITSENA HERB OOD FONDAN BG EOOD ET YORDAN PARUSHEV YORDANOV MDM-15 EOOD LAKTONI EOOD ET STANI FAYF EKO MED I KO OOD MAGNETIK 2013 EOOD DZHI FUUD EOOD INOVATSII PROTSESI PRODUKTI EOOD ET BORKO - T.PETKOVA ET EVI - 61 EVELINA OGNYANOVA LATIFE - 70 EOOD ISTAR ECO CONSULT AD ET DENYO KALCHEV 53 ET MI LO DI - LORA VITANOVA VESELINA 333 EOOD TOMATOYARD EOOD KRIEYTFARMA EOOD ET DARI- PLAMEN ILIEV MIG EOOD ATLETIK-2009 OOD AMIYO EOOD ET TETRAKOM -VL. DIMITROV- LYUBEN IVANOV ET RUMNEL - DIMITAR RUSEV MESKOM SOFIYA EAD ET SURI-SVETOSLAV YULIEV NOCHOLA BULGARA EOOD ELENA - 95 EOOD RAPIDO 2014 EOOD REDZHI 2013 EOOD GEN TO MILL OOD DITTA 2008 EOOD HM OOD GOLD-OIL OOD SANDRITA I ZDRAVISIMO EOOD VEGA-G.GEORGIEVA OOD SUIT 2015 EOOD KARIBU OOD TEO 2012 OOD PIKANT TRADE OOD TOMI OOD DIMITROVGRAD KOKO 6 EOOD CHERITO EOOD ET TEODORA - TID - TODORKA DRAGNEVA - IVAN HRINAD OOD YORDANOV AVI 33 EOOD VAKOM MP OOD MERILIAN-2014 EOOD VIP METALS INDASTRI EOOD ET VANYA KANCHO VELEV ILMA OOD KIRIL STOIMENOV STOIMENOV BIOSET OOD ZARKO 89 EOOD ULTRAMEX EOOD BALKAN FINANS BULGARIA EOOD BARSIS EOOD KAPRIZ - DEVIN EOOD ISMET SHABANOV - OLIMP 131 SOLE TRADER ET ATANAS BANEV ET LEMANS SHEFRIE REDZHEB DIANA 11 EOOD FRENSKITE MAYSTORI OOD DIEL MS EOOD VILIYANA 70 EOOD ET TODOR IVANOV - KOMERS 50 DANI 5001 OOD EVA 2008 EOOD ZOROV-91 - DIMITAR ZOROV ET SOLE TRADER KALKANOV AID OOD ET VASIL ILIEV- DENISLAVA GITMES EOOD ET MANOLOV-M.MANOLOV ET TOMI - YANCHO YANEV NADEZHKO OOD KIBA KIRIL BALASHKOV ET EOOD KATERINA KRANCHEVA VENDI OOD ET MIRAZH - PH - PARVAN HRISTOV SENSO TREYDING EOOD MUSHE 74 EOOD KEYK BOKS OOD ET NELI VATKOVSKA KALOYAN 2013 EOOD UNIMAKS BULGARIA EOOD TYRBUL AD ET DANIELA YANAKIEVA VASILEVA - DANITA ET ELPINA - NADKA KUSEVA DAFALS EOOD DIMITROVI OOD BEYK PARTNARS OOD ELIMUS OOD KUBIKA EOOD LA REYNA FUDS OOD I.M.V 07 EOOD OGLEDALOV - 77 OOD BABA TONKA - 1 EOOD ET STOYANOV AZALIYA MK OOD ET GEOS - GEORGI GANEV OCEAN - JORDAN DONCHEV SOLE TRADER KEZH-07 EOOD PAKI DOMINOS GRUP EOOD FLAVITLAYF BIO AD ET NANI-ANKA ASENOVA DONFI EOOD RO-SI-MA 12 OOD MALEVENTUM MARON OOD BIS-98 OOD BULHLEB- 21 OOD ET MB-90 MIHAIL BOZVELIEV CHIPITA BULGARIA AD BIOFRUT OOD ET STIVI-NEDKO NEDEV RAYANA 2014 EOOD MELI ZHELI OOD TSENTROMES OOD OSI BEY EOOD KRUM MUSHEV OOD ET IVAN ENEV MIHAYLOV CHO SON-VADIM RAKOV ET ET GPD - GEORGI DEVIDOV BOYAN ASENOV 94 EOOD MESOKOMBINAT - ASENOVGRAD OOD ET ASPARUH PETKOV ET RAMM-90- MITKO GERASIMOV DIT 06 EOOD MISTAR MARMALAD EOOD ET TUNI PEK-TUNDZHAY AHMED VAGENI EOOD K EFEKT EOOD ET NEVI N.IVANOVA EKOTERMA EOOD VEDA OOD DENICA-NIS-IVANKA PETROVA SOLE TRADER VASILEV I BRAT OOD ZHITIN HLYAB EOOD TSUKI - 96 EOOD SVESTAN OOD ET IBRYAM CHERKEZ - CHERKEZ NOVA FARMATSIYA EOOD BONA DEA 2013 EOOD SD DESISLAVA N 83 NIKOLOVA SIE ET APIS-NN-NIKOLAY VASILEV AYMSA EOOD BILKARACHEV EOOD ET MISTI-IVAYLA ILIEVA LEOSLAV 86 EOOD VILI SHANS 59 - VIOLETA KIRCHEVA EOOD BRATYA GEORGIEVI BULGARIA TOLEVI 97 OOD ELIA MILK OOD ET MERI - ES - DIMITRINKA ATANASOVA NUHELT AD TOPLATA FURNA EOOD ET PETRANA TSENOVA - 2015 KRISTINA GEORGIEVA 2013 EOOD ELEYA EOOD RAFTIS-MILK EOOD AGROMES OOD BRATYA PETROVI OOD MOLLOV 393 OOD DIONI OOD ET ASI M - RUZHDI AHMEDOV ET RUTSI RUMEN STOICHKOV DEVI SS EOOD IYZI LIVIN EOOD BALKANI - 2014 OOD TIROL EOOD NADEZHDA OOD ET MIRENA 80- KINA GEORGIEVA KLANITSA MERKEZ OOD ET ANDROMEDA-GINCHO KORALSKI AS-ANTON GEORGIEV GEORGIEV EOOD CHASTNA ZEMEDELSKA PROIZVODSTVENA GROTE BULGARIA OOD KOOPERATSIYA NAPREDAK GORNOORYAHOVSKI MAYSTORI EOOD BORYANA-2012 EOOD ET TONI-STOYKO ILIEV BELIYAT ZAB OOD VIKTORI MH OOD STAR KOMERS OOD DEKRIS I KO OOD YANITSA 86 EOOD DESIPAM 98 EOOD ET DZHEP - DELCHO GEORGIEV FORTINA EOOD RODOPI MESKOM OOD ET DZHORDZH - MISHO MISHEV SHARMI EOOD SOLEKS EOOD BI.SI.SI. HANDEL OOD ET ILIYA PETKOV - YULIYA - YORDANKA PETKOVA SIVIK-SATOVCHA OOD HUBAVI NESHTA - LOVECH EOOD LAZAROV KOMERS EOOD SD PRAGA - SEMERDZHIEV I SIE VAYTA PRO AD DIPI EOOD VALENO - 2000 EOOD HLEBOPROIZVODSTVO I SLADKARSTVO OOD A EM DZHI EOOD 33 SeeNews Industry Report

MM DZHUNIAR OOD ET GEORGI TRIOV GIVIS OOD ET MILKA BORISOVA - GYUNAYDAN-SHEN-2014 CHOCO TEAM OOD ET KRASIMIR SOLENKOV ET TANINA STOYAN DYULGEROV MARIELA - SONI OOD DZZD NYURADEL ET NIKOLET ZAYCHEVA ET BAYRYAM PASHA DENIZ-11 EOOD ELIT - P OOD BBS OOD KAMIDI EOOD ET ZORNITSA IRINA POPOVA MLIN OOD KGV GRUP EOOD VIGI ANDONOVI OOD TASO EOOD ET STILIYAN STOYANOV SIY KINGDOM OOD SATIMEKS EOOD DOBRUDZHA OOD BRAKE EOOD ARM INVEST AD T. TOMA OOD ET IGA KOMERS - IRINA AVRAMOVA MANDZHUKOV BRED EOOD ET TANYA FINDRINA ALEKS-K72 EOOD ET BOGI - PROLETKA TODOROVA ET ROMANS - GEORGI GENOV ET MURTEL - 99 MURTAZA BIMBASHOV BULGARCONSERV RUPITE OOD ET ROSEN STOYNEV EOOD ROMANTIKA MAKO OOD ANIMAL CARE OOD EVROMES OOD MESOKOMBINAT RAZGRAD AD /N/ ET BOGOMIL KRUMOV -GANKA KRUMOVA ET DESI-92 MIRYANA YOTOVA KRISTA-DP EOOD ERAY-RENI EOOD BELA TROKS EOOD OLEO PROTEIN OOD TAKT-MILANOVI EOOD TORTI RENI EOOD B.H.A. - BOBI EOOD EKO PRODUKT BULGARIA OOD VENSEZ-2 OOD MERAY 2001 EOOD ET RUMEN IVANOV MILANOV ALFA KAPITAL OOD TOP BISKIT OOD DONI M OOD S PLYUS S-S. TIMEVA EOOD MEGAFRUIT OOD VAN MAR - 2000 OOD ET IVAN ARASHEV-ILIYAN ARASHEV DAFNI 09 EOOD ZHITEN KLAS 2010 OOD BOYAN BOEV 08 EOOD ONIUS TREYD EOOD TANDEM-POPOVO OOD ET MARIYA MLADENOVA MAGI-VASILEVA EOOD ET PLAM PLAMEN DENEV NOVE TRADE EOOD DANI 06 OOD BALAZOVI OOD UNION KEHLIBAR-EVROTUR OOD ELINOR MP EOOD ET AGOKOMERS-ALEV AHMED NASLADA-92 - ZLATIN YORDANOV ET SOLE TRADER ET PULCHE 1 KOSTADIN KLECHEROV ET BRATYA SYAROVI - HYUSEIN HALIL BAKERY 2006 EOOD TRAKIYA PIG EOOD TRI EOOD ET NURVE AY-EMIL CHOMAKOV ET TIM TODOR MUSHEVSKI ARBAN FUDS OOD AYA 66 EOOD ET ANGEL KOSTADINOV SHERI I SHERI EOOD ET D.PLESNEV-2-V.PLESNEVA SHEEPKA 99 AD LAVENA OOD TERBO OOD ET SLAVCHO GRANCHAROV-MELANZH ET IVAN KONDEV FENIKS MEL OOD BRATYA KARTEVI OOD SAFKO - STEFAN GUDZHOV EOOD ET NARGIS - ALEYDIN ALIEV BULKARIOKA EOOD LOZANOVI 2013 EOOD STANEV KONSERV EOOD FELICHE -2011 EOOD BULMILK-2010 EOOD REDZHI I NEDZHI OOD DARI EOOD EKO LAYTS OOD ET LYUBKA MITKOVSKA IVIMAR 2012 OOD BITAS EOOD VAS MILK EOOD MSMM-MARIYA PETKOVA EOOD ET MERI YUV 7-MI MAY EOOD KOLOR FOODS OOD ET ASAN AYVAZ - ASKO - SEVIM AYVAZ ET KITKA 1999 LA MARKIZ OOD THUN SIN OOD BALKAM GROUP OOD LION - TREYDING OOD MELI 66 EOOD PLAMEKS OOD MIRO - 2013 EOOD RUSENOV EOOD AB-FENTAZI EOOD IVANCHEV 75 EOOD ET BUKET SNEZHANA TRENDAFILOVA YANA-1 OOD SORTOIZPITVANE SITOVO 99 EOOD SHIK 1 EOOD ALDI 2014 EOOD ET PERILIN-2000 - PEMBE ALIEVA BREAD COMPANY BULGARIA AD MARKOS EOOD ANNA VRACHEVA EOOD VEGETA 2015 EOOD ET TURKON - YORDAN YORDANOV LILIA MILK OOD SEVITA -2001 OOD TES 92 EOOD ROSINI GRUP OOD FIESTA MB EOOD MM DIZAYN OOD KRASTEV - D EOOD VIKTORIA NUTS OOD SIYANA 08 EOOD FERPAKT EOOD ET ZAPRYAN GENKOV ET ZLATEN KLAS METAFUUDS EOOD ET BOGOMIL KOLEV - YAVOR - ST - 91 ET NAID SOLAK ET VIP-IVAN IVANOV ELKO MES OOD DEMETRA-LAV OOD ET KOLYO MITEV ET SHERI - 2012 - SHERKE IBRYAM MUSOM OOD ASTREYA 91 OOD FORINAR OOD GIVA TREYD EOOD APE-2001 OOD ET VESKA 91 VESKA STOYANOVA GALAKS OYL EOOD ZEPIR FUUDS OOD SLADKARSKA KASHTA ALF EOOD ZHITINA EOOD BOLKAN FROUZEN FUUDS OOD ET VASILKO - VASIL TODOROV AVIUS 2003 EOOD ET MARIELA-MIHAIL MATEV AVISKORN EOOD K PLYUS M OOD MARINOV 52 EOOD KADIFE ART OOD ET RADOSLAV YASENOV KRAPSI HOLDING AD MRAMOR 90 EOOD POLYA-2005 OOD DELANA OOD ET VIORA - PEPO KRUMOV KRISI 99 EOOD ET ALEKSANDAR IVANOV MARKOV 72 EOOD ET SVETLA KASABOVA DH-46 OOD AVRORA 93 EOOD ZOYA KIRILOVA - ZUZI EOOD TED 2005 OOD MISTERIYA-66 EOOD NEOFARM BULGARIA EOOD BEYBI FUUD OOD ET EMANUIL - MIROSLAV ATANASOV ET SE-MIRALAEV - EVGENIY GEORGIEV LA TATI EOOD VAS OOD SALON EOOD SD MAGI-T.IVANOV- TODOROVA I SIE ELEMENTS-VALENTINOVA EOOD ANIMAR 2012 OOD SD VILIROS - 4 - DEYANOV I SIE AZURIT INVEST EOOD STRELTSI 2011 EOOD MLAMEL EOOD ECOVITA OOD TIVATRADE EOOD BG VKUS PRODUKTI EOOD IVA- EL EOOD BRADARS KOMERS-2012 EOOD KIPRUS - 83 EOOD MLADOST-2 - YANKO YANEV ET SOLE TRADER SINDI - 2012 EOOD ET ILIN KOLAKOV BITOLYA 1 OOD LOTUS V EOOD ET DIMIBOR - DIMITAR KADINOV K17-V9 EOOD DOVERIE, COOPERATIVE KONSTANT 2006 EOOD POLI MES EOOD PIRIN MES OOD 'KAMEA' OOD AGRONIK EOOD FERMATA AD RANKOS OOD HRUPANKI OOD EOOD GS REFLEKS EOOD MILEN EOOD MESOKOMBINAT RAZLOG OOD NOREKS AGRO - 2 OOD ET BOZHIDAR BOZHILOV - RITAM KOLBASARSKA KASHTA BALKAN OOD ET ALBA-LIBABIE GERDZHIKOVA MMDD EOOD NUTRIM EOOD SLADKA FIESTA OOD MLADA OOD ET MLECHEN PULS-95 TSVETELINA TOMOVA SHIDEROV EOOD ET LYUBO IVANOV DZH DEKOR OOD KARA EOOD INVEST GRUP 2012 EOOD MARIAM OOD DZHOY A M OOD BIOPEK 2 OOD VENE EOOD TERVEL GROUP OOD LINZI 90 EOOD MELNITSA LEVSKI - 2004 OOD RISK 2008 EOOD ET DINCHO DINEV- TERMOINZHENERING EVROPA 16 EOOD VENERA 12 EOOD MESAMBRIYA 2012 EOOD ET VGK LATINKA PETROVA DZHI - ASH OOD DAKA-63 EOOD KRASITA EOOD SI EYCH GRUP OOD AYSHEGYUL-2012 EOOD ET MISHO-MIHAIL ASENOV 34 SeeNews Industry Report

EOOD BULFEYS ET GYULYAY - SHASINE ISMAILOVA VERI GRUP EOOD VITA MOBIL EOOD BULDOKTOR OOD KRESSONA OOD KRISTI EOOD VANIL OOD EKO BELASIKO OOD GREMIERA EOOD ET FRIDA 71 TATYANA TSVETKOVA SIMONA - STOQNKA STOQOWA SOLE TRADER DI MAR VITANOVI OOD EOOD KASIKA TODOROVI ZHITEN KLAS OOD NEPERSONIFITSIRANO DRUZHESTVO PAPA BIO GRUP INVEST EOOD ENGINKOCH EOOD DESTAN EOOD DIBOR EOOD ET DIMITAR STOYANOV PROSPERITI VARNA-1 OOD PIKONS OOD DIS NEDELCHEVI OOD EOOD ANGEL MOLLOV-2007 ET DEMETRA - NIKOLAY NIKOLOV POLMO P EOOD VITA PRO INTERNATIONAL OOD DEVON OOD ET STEFAN GROZDANOV DIDO-73 EOOD DAN STEDA OOD ET ' YOSIFOVA - 91 - TOTKA PETROVA - PETAR SAKFUUD OOD ET ANTANI S GABI P.N. OOD YOSIFOV ' ET VLADI SIVENOV SK - G EOOD ET TIT-TENYO TENEV ET NINA - NAZMIE AKIFOVA ET STEFANI - 98 - PETYO ALDIMIROV EUFORIYA EF EOOD GLAMUR - INTERSPORT EOOD ET SAMKO-97 SAMIR KYAMIL FRESHFUUD EOOD IVET TRADE EOOD RIAL BULGARIA OOD PATRIOT 2014 EOOD SI VI ES EOOD ERGENE OOD DZHERAN 2006 EOOD ET AKSU-YULIYAN RUMENOV YOSIFOVI 91 OOD STRATOS EOOD FAUSTINA GROUP EOOD BIOPRODUCTS - BULGARIA OOD ET KAKAO NEDA VELYOVA VIVA - NAP EOOD IMANSON 2012 EOOD DUNAV SIIDS 1 OOD KOLEV 73 - DOBRICH EOOD STRIYM FUUD EOOD IZI TANK - PLEVEN EOOD ET NOVI - TATYANA NORIEVA ATI AKSEL OOD MESO I MESNI PRODUKTI ZHAR OOD MESOKOMBINAT RUSE AD ET AYLIN 88-SEVIYA SKENDER MILKEKOPROM OOD ET DANI ATANAS KARCHEV EVRIMOKS EOOD SD SHEN YT 91 FILAS OOD SPRINK OOD ET HADZHIYSKA SRESHTA DZHENA HADZHIEVA AST POPCORN OOD ELEKSIR 2015 OOD ET 'MALINA INA-RUSKA STOYANOVA' D KOBANI EOOD DOSI 2015 EOOD KARAVELOV I SIE EOOD CHOLAK 75 EOOD GEYA - INZHENERING OOD KACHESTVENO PRYASNO I ZAMRAZENO MESO ET ZHIVKO GROZEV AGROMEL -DD OOD ET KVN-KOLYU NIKOLOV OOD ET DZHINGIBITO NEDYALKA DINKOVA VIKI TREYDING EOOD ET TANDEM -VRABKA BOYCHEVA SINERGON INVEST OOD VEDA-34 EOOD ET SHANI- SHENAY TUNDZHEROVA PITSA PEYNIRLI - RACHNI IZDELIYA OOD INVESTA 12 EOOD AY END PI 2010 OOD ELIVAN 2010 EOOD PEPY KOMERS OOD DZZD IVI ET MITRA VESELINSKA ROZOVA DOLINA - 2 EOOD MESPROM OOD MANDRA-RILCI OOD VRABER 2008 EOOD ET STIV STEFAN MIHAYLOV ZLATEN KLAS-1 EOOD MARLEN 1 EOOD KOMPASS OOD GOSPODINOVI OOD HLEBOZAVOD PLEVEN EOOD KRICHIMFRUCT OOD EVROSTART 79 EOOD DIMI MES EOOD ET TEODORA YORDANOVA ET GAGANELOV - ANGEL GAGANELOV CHAPMAN INVEST EOOD SENI 69 EOOD KOMPAS - SLADAK DOM EOOD VALPA 03 EOOD PRO-FOOD OOD KOMEL OOD MARIANA 2003 EOOD ET BISER 90 - GEORGI ROSENOV ET 'DINO 2010-STOYAN DINEV' GEMOPROTSES OOD HELIOS OOD ET M - EMILIYA YORDANOVA VALERI MANCHEV - 82 EOOD ARIS 2007 EOOD ZAKUSKI SVETLANA EOOD ZLATINA 91 EOOD PLISKA OOD ET CHOPI - SASHO STANIMIROV MAKOYN-Y EOOD BULMED 2002 EOOD NA EV 56 EOOD ES PRODUKT EOOD BULGARFRIGOPLOD EOOD OLIMPOS 2006 AD TER - M OOD LAKTIKO OOD INZHKAR EOOD TANICHKA 2004 EOOD EDIRNELI EOOD SD KARAILEVI I SADRUZHIE LARA I EMA EOOD SOFI 07 EOOD MAKSIM-DENITSA OOD NATASHA - 74 EOOD TSVETKOVI I SINOVE EOOD BAT SHERIF EOOD ET MILENA - RADOSLAV TSACHEV TEDIMEKS OOD ET ISIDOR-GERGANA KRUMOVA ET PEPI 75-PETYA MARKOVA ET GAPA -91-ANGEL MADIN PIM-MIHAYLOVI OOD RASTITELNI MASLA EOOD TONI-A EOOD ET SALKO - 71- STOYAN RUSEV AGRO-PRO 85 EOOD ET GABI- PLAMEN VASILEV ET ATOL - VLADIMIR TOMOV BABA TONKA - NOVA EOOD ET ELI - ELKA NOCHEVA EKO PILE OOD ET IVA-91 IVAN IVANOV IVA -2002 LD EOOD NANYUK INTERNATIONAL OOD SELINA 2010 EOOD STORKO EOOD AIDA 2010 OOD OLEG PANDINOV-2013 EOOD AVS 85 EOOD SLADKA MAGIYA OOD ET GETS - 88 PEYO PEEV HELIKOM OOD ET VERAS 90 ALISH HAMID FONTE FRESCO OOD MARITSA KETARING OOD DGE EOOD MATAND EOOD KRASTNIKOVI OOD YUSI OOD NADEZHDA-16 EOOD FRESH MIYT MD OOD PDM SNEZHANKA BRANKOVA ET SAVENKO OOD KOLEV I S-IE - ESKADA SD TANYA - PRIM OOD EFEB OOD SCHREIBER FOODS BULGARIA OOD BEYKARI-Y.I. EOOD ET ZDRAVETS A 86 PETAR STANCHEVSKI ET MIG - MAGDALENA GROZDANOVA ET MAMI 01-MITYO VASILEV ET ELKA - ELKA RANGELOVA DENIMES EOOD REFLEKS - D.G. EOOD MAKSIMA 74 EOOD ET IVANKA ARABADZHIEVA ET DIAMONA-MARIYA IVANOVA ET KGB 95 KOSTADIN BORIKOV E I M OOD TELEGEYT PLYUS EOOD RUSKI PRODUKT OOD KRIS-DRIYMS OOD ET PONRAD GEORGI PANAYOTOV ANMAR OOD ET KASTO - KALOYAN TODOROV-STANKA GEBI 2015 EOOD TODOROVA SD ROSINA-KARAGEROV PECHINOV I SIE EGEYA-79 EOOD ET NARSI - NINA ASENOVA NANOV EOOD ET YORDAN TOTEV - 78 PRIMO TRADE OOD ET STELA - 90 GATYO KOLEV - DETELINA KOLEVA DENI - NIKOLAY ASENOV 76 EOOD VSV EOOD MLECHNI PRODUKTI TRAKIA EOOD PK SAEDINENIE ET SUPEROBEKTIV - MARIANA MELEVA STEFRAY OOD IKAY-OOD ET MAK-2012- MEHMED KUYUMDZHIEV ZAFER-RUSHI EOOD DAKER I SIE EOOD EKO BILKO EOOD IRIDA NOVA EOOD YUM FRESH OOD DEN BAR N EOOD ET NASLADA-SONYA ILIEVA HLEBOPROIZVODSTVO OOD SARI ZHN OOD MARKRIT OOD PANONIYA INVEST OOD GR.SLIVEN GOBI VALETING EOOD DZHOMIP EOOD BALKAN GRUP 20100 EOOD NOVA MES EOOD VENTSI TREYDING EOOD VIVIVAN-1 OOD ET MIMI 99 - MARIN MIHAYLOV - VASIL HALEVI EOOD GORCHIVO-SLADKO EOOD MIHAYLOV ET NELI ASENOVA STAN COMMERCE OOD ET ATI-ATILYA MURAD DARIUS 80 EOOD AUTO LM EOOD ET EMA-ELENA VALCHANOVA RAMCOPHARM OOD NIEVES EOOD BAKERI EOOD ZP KRASIMIR KEREMIDCHIYSKI ET ZHUZHI - YANKA DINEVA EOOD PEPI-2011 ANOL ZHORO ANTONOV ET ET VE PE PI - VESKO PIPEV 35 SeeNews Industry Report

ES. EL. AY. GOLD EOOD VARAHAIL OOD ET HRISTO KOSTOV ET NIDIDA - 92 - DIMITAR PETROV BALGARSKA ZAHAR - DOLNA MITROPOLIA EOOD SKAY KING EOOD CADELCO OOD DOCHEV 77 EOOD VATSI EOOD ET POLENTA -ZHENYA IVANOVA PLODORODIE EOOD MASIV MV 18 OOD ALEKSI GRANTSOV EOOD INTER UARK EOOD ET DANEKS -G.ARNAUDOVA ET DENIZ -BILHAN ALI SD DECHO 228 APOSTOLOVI S-IE CHIKAS 1 EOOD ET NIKOLAY KYOSEV - ZARINA 95 ET LAKI - SILVIYA MIHAYLOVA AMAR EOOD ET SOKOL - 69 AGRIKOLA MARIYA GRUP EOOD YONIK MARK OOD LAKI FUUDS OOD ROZHEN MILK - OOD OOD KLEN KOLDRUM EOOD DIANA I SIE OOD OLIMEX OOD EOOD VASIL VRACHEV VESEFT - KATYA DIMITROVA ET MANOL I MILKA KEMALOVI OOD ET NEPTUN - TODOR NIKOLOV USTREM OOD MADESI OOD DELYAN SOKEROV OOD MARINELI OOD ET GID 93 DOBRIN TODOROV ET GEORGI GUSHEV-93 ET NIKOLAY STAMCHEV VKUSNA HRANA EOOD RUM OOD NEVROKOPSKA BANITSA EOOD ORGANIK KETARING OOD VEKOS-2009 OOD ET MILEA - ALEKSANDAR ALEKSANDROV - MIMI-METIN MEHMED EOOD IVANKA ALEKSANDROVA N I N 11 EOOD ET ENIZA - NI IZABELA YANKOVA ZAKUSKI KATI 2 EOOD FUNGOROBIKA - BULGARIA OOD PI-1 OOD IRNIK EOOD MARIVA 75 OOD ''YASEN 77'' OOD ET BESI MIYT - MARIYA KIRPIKOVA ET BAYRAM-SHEN-BORIS VIDENOV EMONIA EOOD EOOD ADENIS 2010 BELIMAKS OOD VIP ES EOOD STARTMES OOD KOMEKSIM EOOD TOP SHEL TREYDING OOD ET LIVELA - DIMITAR ANDONOV RONI EOOD AGRO - TRADISHAN OOD KRISTAL OLIVA EOOD CHERNI PERLI OOD PAUNOVI OOD KRIEMA FUDS OOD PETTAS BULGARIA AD KATI OOD MECHTA-4 OOD SEYARA EOOD ET TSVETAN MASHEV OBELIKS EOOD INTERKLAS OOD ET ALIBAZ SEVGI ALIBAZOVA TSVETELINA OOD MULTIPACK BULGARIA OOD BOZHILOVI EOOD AD PONIKA INVEST IRINA VLADIMIROVA EOOD ORHANIE KOMERS EOOD MUSAN OOD GIV 1801 EOOD BENELI OOD SD KEHAYOVI SADRUZHIE SIE ET GENS - EVGENI MIHAYLOV RUSHI SHANS-1 EOOD ET NIYA - NADYA LYUBOMIROVA RAPIDA EOOD MEGAMIKS 2000 EOOD SHREK 09 OOD VLADIMIL 2008 EOOD BERK 01 EOOD EMADIYA 2000 EOOD ET LILIYA - MINCHO IVANOV - GOSPODINKA K AND G OOD ET KAMI 75 - LYUTSKAN ASENOV ET MITO MILKO LYUBENOV GEORGIEV IVANOVA - LILYANA IVANOVA MAY DRIYM FUUD EOOD ET SIBIL-SONYA DIMITROVA ELENA INVESTMANT EOOD SEVAN NON STOP EOOD AGROMILL BULGARIA AD PCHELA 2015 OOD GAVROSH EOOD VET 33 – GYOKCHEN RASIM SOLE TRADER AMYLUM BULGARIA AD SLADKARSKA KASHTA MANOLOVI EOOD SLANCHEV PLOD AD HLEBNI IZDELIA-LULIN AD PAMI 2015 EOOD BEZGLUTENOV SVYAT EOOD BEYKHAUS BI-EM EOOD TED I PET EOOD IMPERIAL KOMERS 1 EOOD PROLET-57 EOOD ELIT PAKT EOOD EKO GREIN-D EOOD VELMAR 14 EOOD LEHEM EOOD BEE HOME - BG OOD ROUGIE AD UBINOV BIKOVA EOOD ET SANI - TEZDZHAN SELIATOVA PENCHEV 2002 EOOD ET KALI96 -G.ANDONOV DELTALAKT OOD RADIBRED EOOD ET TSVETI - TSVETELINA NEDYALKOVA ET IVAN MAZALOV EM EM TREYDING OOD ET IVAN DAVIDOV ET NANSI 2006 BUL IT AGRO OOD ET STODOR - GRETA STOYANOVA DOVERIE - 08 EOOD DIMBAL - TINKA BALKANSKA EOOD ZAGARIYA SG OOD DZZD P.D. LENOX FROZEN FOOD G.M. OOD ET YANI - DZHENKA YANAKIEVA ET BELIYA-40 - DIMITAR ZHIVKOV ET EMIL MILANOV BULPROGRES EOOD ET DANKO FIKRI ISUF MILFRED 2 EOOD M K B OOD ET ILIYA BOZHIKOV ZARA FURAZHI AD PVD OOD ET STANISLAV YORDANOV- SLAVI SUPER FUDS OOD ET ARGYUL - GYULSHEN ASANOVA PI MI EOOD VILDA 2015 EOOD SEGAM OOD ET TOPLINA GIN ET VALENTINA HRISTOVA-VALENTINO POLIN OOD TOPLOKONTAKT-SLIVEN EOOD BLIZNATSITE 15 EOOD MARS-90 OOD EKOMILK - KO OOD DOBREVI 2005 OOD YOANA - 17 EOOD FURNA FERDI EOOD LIVIYA 11 EOOD ET LYUBKA KOLEVA MISHA ET NADEZHDA-2009 NADKA ZHIVKOVA AMERICAN POPCORN COMPANY EOOD MOTRISA EOOD STANMARG SD KAMPINO OOD BIONARA TREYDING EOOD IVIDO15 EOOD HLEBOPROIZVODSTVO I SLADKARSTVO - PALAN-90 EOOD VELINGRAD EOOD ROBEV I T EOOD OOD BOBI RACH SLADKO I SOLENO OOD ET GYUNEL CHAUSH PITAR PAN - 88 OOD MLECHEN SVYAT 2003 OOD AMIKO A OOD SIMID SOFIA OOD BG KRAFT FUD EOOD MELNITSA VARNA 2006 OOD BUKET 2012 EOOD ANASTAS ANCHEV EOOD ANDREYA KALINOV-NADEZHDA OOD LAZAROV OOD TSELIFARM EOOD DZHOVAN EOOD IRIS 1 EOOD MILKTRADE BG OOD SOLIRENT EOOD TABEKSIM OOD STAR KOMERS SOFIYA EOOD MIRO 2 OOD SD DZHUROVI I SIE SAKARELA OOD ET LYUBEN PAVLOV-INTERVAZ BIG VAN EOOD DARIMAR GRUP OOD ET KRISTIYANA - YOVKA PETKOVA NYU IMIDZH EKSPORT OOD MASTAR - PIK OOD ET EKSPRES - TSVETELINA KAMENOVA FUUDS MEYKING KAMPANI EOOD ET VAL DANI-VALENTIN GERGOV KASI KONSERV EOOD ALZ OOD VEJEN 2010 EOOD NIKOMEL-PLEVEN OOD EKOPRODUKT 2003 EOOD TI EL BI EOOD ET APOLON - DIMITAR NIKOLOV MARINOVA 7 EOOD KOKONI OOD RENI - E.SALIMOV EOOD VELEVI 2008 OOD DZZD ANET ET GENCHEV 91 ET MPM-PETROSLAV MARKOVSKI POPA EOOD AGDER EOOD ET DIMCHO MATEV-DIMCHO MATEV ET DANI - DANAIL DEYANOV ET GEORGI GUSHTEROV-DR GLOUBTREYD EOOD ELENA IVANOVA ET KRONOS AD KETI KEYK OOD ALTO PRODUKT UOOD DEMARK OOD ET TT VENDING-TODOR IVANOV MESPRODUKT - DMS OOD ET ANDREYA-BAHRIE OSMAN - ADRIANA VELEVA TAMIRA 12 EOOD MARK 1 OOD MIG 07 OOD BEYKARI - 2012 EOOD PEPI-95 OOD ET ERASUR-GABRIELA METODIEVA ET POLIDEY - EN ET ELENA BASHOVA MAKRO-KOR OOD ET MIRELA-N-NIKOLAY TROPCHEV ET SABI 23-SEVDA TODOROVA AGROKOMERS-VIB EOOD IMAGO 21 EOOD VERNADA OOD ET MARA MARINOVA - MIRSLAV ET VESELA P-21-PLAMEN FILEV 36 SeeNews Industry Report

KEYT - 55 OOD ZLATNA UTRIN EOOD ET PEYCH - LYUDMIL PEYCHEV ET VENINI-VESELKA MITREVA KRASI 04 EOOD ZHINT - ZHIVKA PAVLEVA ET SOLE TRADER DARK END MILK EOOD ET SARFA - SALIH KEHAYOV EVROFERM - 08 EOOD SAMI TREYD 76 EOOD ET NESI - MURAD MEHMED SIANA MES EOOD SIMID AGRO OOD SLAVI-EOOD SD POLISIM SABEVI ET TASGAR - ALI YUSEIN OOD VADIS 2001 ET NIKOLAY MIHAYLOV - NIKE 74 DZHIEV - K EOOD ET VIVA-VALCHO VALCHEV NAKI - NSH EOOD ET SISI - LYUBOMIR SEMKOV SOLARIUM A&E - EMILIJA SHOJLEVA ET SOLE ORGANIC FOOD EOOD TRADER REDSTAR-1 OOD RILA FUNGHI EOOD ET EVROHALE - ALEKSANDAR SYAROV INKOM OOD BIO MILK DOBRICH OOD KAPRE OOD KOOPERATSIYA ARTOS SANKIYSKI EOOD LYASI OOD EOOD ANDI BB EKOBIM OOD ET EMIL DIMITROV GLOBAL RAYS EOOD AMBAR 66 EOOD SOFIYSKI PITSI OOD PANIFEKS OOD KRASTKA OOD VALEV I VASILEV EOOD VIKTORIYA ARENA OOD ET VIHT - IVAN NENCHEV KANON OOD ET ANI - ARA - ANGEL ANGELOV PEKARNA 2012 OOD HLEBOPROIZVODSTVO KAZANLAK EOOD PMM EOOD BAMBALETO EOOD GRINA EOOD AGROBILDING EOOD AGNIPEL EOOD TKS-M PRODAKSHAN EOOD KASKADA 1 EOOD SUPERAVTOTRANS ET -PETAR DREBCHEV OBNOVA TSANKOV EOOD VITA HERB INT EOOD STOGO ZHELYAZKOVI OOD ET ERO - H - EMIL HADZHIEV ET AYS GALAB MARIYA ALEKSOVA SHE DOM EOOD ANNA MLADENOVA - RUMINA 777 ET FUUDS END SAPLAYMANTS EOOD ET KIBELA - ZEFIRA YANCHEVA ET STOYAN KANCHEV - MORSKI ET V.IVANOV - VALPI OFER PRELYUD EOOD MELNITSA NIKOLA PANAYOTOV OOD DAFLORN OOD ET MIKA S-MARGARITA SIMEONOVA MARATON-62 EOOD SYURPRIZ OOD MEG 59 EOOD DARI - VAS OOD ET NIKOL - SVETOSLAV ASENOV ET ALIANA-ASAN SMAIL DZZD AKULA MILEN VANEV TANOV MLIN-97 AD AGROINVEST TROYAN EAD VIVIYAN - VIOLETA MARINOVA ET AGENA 13 EOOD ET MEHMETDZHAN 2002 - RADKO RADEV ET RAY-SM - MIROSLOV RAYCHEV EVRO PEST GRUP EOOD TOM KONSERV OOD ET KOYCHEVI - LILYANA KOYCHEVA TEHNOBIOMED EOOD LYUVAL 2012 OOD MANDRA STOYCHEVTSI OOD BILTRANS-VELEV EOOD HLEBNA KASHTA HRISTOV EOOD ET VENELIN SABADOSHEV - VENI ISKO EOOD UZUNOV 2005 EOOD KETI YU OOD BORALIN OOD MM EOOD D-A EOOD ZAHAR AD TEMIRA-05 EOOD BELANITSA 1 EOOD PLISKA OIL OOD SEVGINAR - 15 EOOD ET YORDANKA VASILEVA - DANI 2000 TIMI - 14 EOOD MSTM EOOD TSEKO I KO EOOD GERADA OOD FITPRODUKT EOOD SERDICA-94 OOD ALEKO 2009 OOD KAROL-FERNANDEZ MEAT OOD STARS SM EOOD TANDEM-V OOD LINDAN EOOD ET GYUSI GYURSEL DZHAMBAZ ET TRAKIYA - MARIYA GRAMINOVA ET HELFA 84 BINETA EN DZHI EOOD ET ANGEL UZUNOV - KOPIR ERA EOOD EVELIN BULGARIA EOOD DIKSI - DR OOD KAPFI OOD ET DIYANA 14 - DIYANA IVANOVA ANDU OOD ASTERA M OOD RAVI 1994 EOOD VENT 69 EOOD ET TODOR DIMITROV-64-STANISLAV DIMITROV ET DOBRIYANA ANGELOVA - MAGI ET TSVETAN MARINOV - MARIYKA GEORGIEVA NEGUS 96 OOD ET ANETA MITEVA - MELISA AGROPLANT EOOD PE I TA OOD ET MARIYA LYUBCHOVA KOLAROVA - 2011 ET YASENKA UZUNOVA LAKI-M 2012 EOOD KIPARIS EOOD ANTEY FUUDS AD MAKSIKOM GRUP OOD AGROBIOTEH PROIZVODSTVO AD CHERNOMORSKI FURAZH AD ET BARZA ZAKUSKA - ANGEL NIKOLOV EOOD KLASIK- EOOD AGROELIT-1 OOD ET KAMEN SHISHKOV ROSA AD OOD ESETRA - KOMERS LYUBEKS - K OOD ET ENGIN - EVGENI GROZDANOV-AHMED BRED KOMPANI OOD SYULYUMANOV BOTUR - 2015 EOOD PRO BEYKARI ART EOOD ET LEVENT - ASAN SALIEV V I P - 111 EOOD ET STILMAR - IVANKA FRENSKA DIMITROVI 0205 EOOD RODOPA - G. ORYAHOVITSA - 96 EOOD PRIMA - MV OOD NATSIONAL 47 EOOD ET KONTRAKT N GADZHEV ET FUKOTEKS - VASIL VASILEV MESLUKS EOOD ATESA KOMERS OOD POLI 1975 EOOD HLEBOZAVOD HADZHI DIMITAR OOD RAMOF EOOD MARKAMA KETARING EOOD ET DESISLAV DIMITROV PK NARKOOP ET HRIZANTEMA - YU.S.I. - YULIYAN ILIEV REMINA EOOD ET MAGI - N - G.GEORGIEVA S DAH NA KANELA EOOD ET ATESH-ALI TROKO ETALON 66 EOOD KORTENSKI MLECHNI PRODUKTI EOOD IVTONI - SHOPOV EOOD DENCHO HRISTOV-2013 EOOD ANRO 73 OOD ELEONORA - 44 EOOD ET MARIYA GOLAKOVA MILICA LAZAROVA - 90 SOLE TRADER ET STUBLA - M VESELIN BELYOV MLECHNI PRODUKTI-LESIDREN EOOD ET BARUTA GEORGI HRISTOV THE BAKERS OOD ET KRIMA-V.DINKOVA ET BORIS MINGACHEV ET TONI PETROV ET MEMO - MESUT ALIOSMANOV DASINA-DUO OOD MARITZA OLIO AD ET GRABLEVI-TODOR GRABLEV GARO EOOD EOOD VANILA PODS GAF OOD ET ANGEL KOSTADINOV - NASLADA- KOSTADIN DENIMI 2007 OOD IVANOV EOOD HAZUROV GYUNTER - 12 EOOD ET YURKIE MAHMUD MISS 1 OOD MEANDAR OOD STONIKO EOOD VIVO KAMPANI EOOD VANILA KITCHAN EOOD HAND EOOD NAFI - 79 OOD ET STEFANI HRISTIYAN MITKOV INA 2012 OOD DZHI DI ES 2013 EOOD BALKAN - 2012 EOOD SIANA-ANTOANETA TOMOVA-RAYNOVA ET ET CHERVENATA STRELA TITA 2001 EOOD MEGAL-2001 OOD BIOMAK EOOD ET ''BOBI - BOZHANKA PEYCHEVA'' ALIMET OOD MAY SOUL EOOD RUMYIANA BOGDANOVA EOOD KETCHUP FRUKT 99 AD KANELA - MED OOD DESITA - YORDAN MARINOV EOOD KASTILOV OOD BOEM EOOD MARANGONI EOOD DETELINA -39 OOD MARVAL 84 EOOD LYUBIMKA OOD STAMAGE EOOD ILCHOVSKI 94 EOOD AGRIFLOR PROTEKT OOD DOBRUDZHANKA DOBRICH EOOD BRATYA PILEVI OOD YOANA 2001 EOOD LILIYA-86 OOD ET STRANDZHA SIS DOBREVI 2010 EOOD ASOS PEPAR OOD ET FEYA - NIYAZI CHANAK RODINA - AGRO EOOD HRANI ZHIKA EOOD DANI 1 OOD NOVA ZORA 2015 EOOD VIZIYA-73 EOOD ELVI OOD VASI 78 EOOD VLADIMA 54 EOOD ET BONDZHUK - IVAN HADZHIEV BAKE PLYUS OOD ET STOYAN DELIBALTOV - VASI 82 SLADKA KASHTA DZHIL EOOD AGRI BULGARIA OOD YUSI KING EOOD 37 SeeNews Industry Report

ASEL-M OOD ELI KOMERS 65 EOOD PRIMA-TT EOOD MIA FOODS 21 OOD ZLATNO PILE MONTANA EAD ET YORDAN KOSTADINOV USTREM ELENA DIKMONT EOOD PRI VANYA EOOD KOSTADINOVA HELTI OYLS EOOD DEKOVIS OOD ASI -AY EOOD NUR PILE EOOD STELIMEKS EOOD SINEVA 7 EOOD STIBI 1 EOOD ET MARINOV 92 - M. MARINOV ZAGORE KOMERS BG EOOD TESARA -A EOOD APOLO 35 EOOD YUNIVARS 217 EOOD ET VALENTIN DIMITROV- 55 MITEV 68 EOOD DZHI TI ES GRUP OOD ET NIKE - HRISTINA SEMOVA PASHATA 75 EOOD DYULGERING OOD KONSERVINVEST OOD IDEAL PRODUCT OOD PETROV SARBINOV OOD OLINA 2000 OOD SD TACHEVI - TACHEVI I SIE BAY BISER EOOD KUINS FUUD OOD ET SLADKAR - ANI - ANGELINKA PEEVA MIDIST EOOD SAVADA EOOD SATURN 13 EOOD NISA FUUDS EOOD LACTOCOM OOD STEFIL'66 EOOD MILANOV - POPOV OOD ET KRASIMIR MIREV MESKOM - POPOV EOOD BOGATI-09 OOD CHEZ FEFE EOOD MEL KOREKT EOOD RODOPA-2005 OOD SLANTCHO AD ET GERI -GERGANA KALVACHEVA ET MERTS - DIMITAR ATANASOV ET FESHAN TAUN-EVA TONEVA ET ANELBO ANESHTI DELIGYOZOV MALINA -2010 INDZHOV EOOD AS I FORI OOD BLEK BUL 2012 OOD EDODI - EU EOOD 96 AGROGROUP OOD MEGA TREYDING NRG OOD HRANSERVIZINZHENERING AD EOOD SANI 2005 CHONKOV-HRISTO ATANASOV - VESKA ET CHAYKA 90 NARA OOD NIKIFOROVA ET I - EM -03 EOOD PETAR NIKOLOV EOOD ET ANI - YANKA BRUSEVA ET ZOYKA NIKOLOVA MEGI 2009 EOOD DZHODI - 2015 OOD ANORMAL EOOD ET RASHKO RADOEV ET ILAS - SALI ASANOV MORISAN- M EOOD ET MIRA-91-YORDANKA PETROVA GALA TRADITSIYA OOD MISHEL - 2013 EOOD ET HRISTO PACHARAZOV BONBONA EOOD DVETE FUKLI OOD SKITNIK OOD FIL SUIYTS OOD ET BRANIMIR DIMITROV ILEN - 2014 EOOD ALBISTA OOD KOKO - DIMITAR PACHEDZHIEV ET SOLE TRADER BULGAFROST AD SNEP GRUP OOD MELEK 2012 EOOD GENOV MES EOOD ERKO 2 OOD VALCHEV OOD TLP EOOD DTK OOD NINAGRAM EOOD ET DANIEL 96 - HRISTO ANGELOV NYU FUDS AD T..N..T-2005 EOOD NIKOPOLMES OOD ET DANI - IVAN LECHOV EOOD EKOTEST RIKS KOLEV I STOYKOV OOD ET TYAKOVE GP-4-TYANKA PAVLOVA ET PETKO YANAKIEV RIVAL INVEST EOOD IZIDARA EOOD DOLYA-9-TSENEV EOOD SIMIDITE EOOD SONI A 22 EOOD DAGON FISH EOOD STAMEKS 2000 OOD ET MERDZHO - GYULSHEN MEHMED ANTIK-2012 EOOD NATURA VITA EOOD TOSKOV EOOD FZ VASIL KOSTOV OOD BALCKO AGRO PRODUCT OOD KALIN HADZHIEV EOOD ET KEMI - VESELA KIRILOVA BULTES OOD BONZHUR ZHULIET OOD ROANZA OOD DEKONS EOOD ET SAMI KRIS - KRASIMIRA SADOVA ET DAV - DOBRI PETROV ET VALENTIN VASILEV - VILON SARAFIYA EOOD EKOFRUT EOOD ET MAK-RADKA SHTILIYANOVA HELTI BARS OOD PE NI EL 1 EOOD ET ARTEKS-GYULSER BEYTULA ET VERDURA-YORDAN PETROV ET MIROSLAV DRENCHEV - MIRO UNCLE STATIS EOOD VEKS 2000 OOD ET GROS - GROZDAN GROZDANOV INFINITO-999 EOOD ET VEKIR-RADKA BELEZHKOVA EVRODELIKATES EOOD VALENTIN MINEV - 2003 EOOD HLEBOZAVOD GABROVO OOD ET RESMI KOMERS - RESMI YUSEIN ZLATEN PLOD-P EOOD PEKARNA ELIZA EOOD ET ALI BABA-ALI EREDZHEP ET ZORA M 93 - TODOR BORISOV FAVORIT 2020 OOD ET KALIFORNIYA- VASIL MISHEV HLEBORAMA OOD SVILENA-77 EOOD ET ANA CHANKOVA-86 ET VASILKA BELOPERKINSKA - 37 ET LEMAN - MUSTAFA ASAN NEDIM EOOD ET DIMES-DIMITAR PASKALEV ET INTERMENYU 65 M REDZHINA 2011 EOOD FORKIS BG EOOD ET ZHIVKA MIHALKOVA - ANZHELIKA ET MIHAIL BAZHDAREV MK FERA VITA EOOD ET SVETLANA - SVETLA MITEVA SUN FOODS OOD ARKTUR GRUP 1 EOOD ET IRINA ANGELOVA NIKO SG EOOD ET DOAN - ANASTAS MATEV ANANIEV - RODOPI 19 EOOD ET EMILIYA KOVACHEVA DRB AD AGROEKSPORT 75 OOD RUMDO - 73 OOD BULCHICKEN AD BEYBIKEYKS OOD HAMELEON EOOD DIVEL 60 EOOD MEDAKS LAB EOOD SHOKO UEYV OOD ET KALI - KATYA ILIEVA ET MAYA FILIPOVA - 13 ET AYSEL-2012 SEVDZHAN ISMAIL EVROMES OOD BI EM PI 202 EOOD ZPTK RIK 98 ET KRASENETSA-MIHALCHO MIHALEV NADEZHDA BRATYA GARKOVI OOD MAK FUUD EOOD AKTUAL OOD SIYANA HLYAB - 2 EOOD VIV 94 OOD BIS TREYD BULGARIA EOOD ET VISO - 91 - VIOLETA OPRENOVA BARK OOD PANACEA-2001, GENERAL PARTNERSHIP ET SHENER - YUKSEL SEID ET PASKAL-ANTONIO ATANASOV PERPERIKONA - OOD RESMI - KOMERS EOOD BORIS YORDANOV 2009 OOD BOREL KN EOOD NERA - NEDZHIB RASHID EDNOLICHEN SANI - 0408 EOOD ET VANGELIYA MITSOVA TARGOVETS ET PANOV - 95 DANIEL 2008 OOD TUSHEV KOMERS OOD ET LILIYA FILDOSKOVA GRIYN DOT EOOD AVENIR FARMA EOOD NIKOLAY GANCHEV NEYKOV FLOUR KRAFT OOD KOOPERATSIYA MEGAKOL 38 SeeNews Industry Report

material, misinterpretation and any all loss, disappointment, negligence or damage caused by reliance Do not hesitate to on the information contained in the industry report or any failure or alleged failure in the delivery of the services referred to herein, or in the event of contact us bankruptcy,liquidation or cessation of trade of any company, individual or firm referred to herein. Confirmation of the information accuracy should be sought from the establishments concerned or from We’d be glad to discuss our services or your project in SeeNews upon explicit request. detail and help you come up with a solution. 6. SeeNews shall not be liable for any damages (including, without limitation, damages for loss of business or loss of Email us at [email protected] profits) arising in contract, tort or otherwise from the use Call us on +359 2 80 12 630 of or inability to use this industry report, or any data Live chat available at SeeNews.com contained in it, or from any action or decision taken as a result of using this industry report or any such Disclaimer information.

Whilst the information contained in this industry report 7. SeeNews accepts no responsibility for the content of any has been given in good faith and every effort has been site to which a hypertext link from this industry report made to ensure its accuracy, SeeNews cannot guarantee exists. Such links are provided for your convenience on an the accuracy of this information and hereby expressly “as is” and “as available” basis with no warranty, express or disclaims any responsibility for error, mis-interpretation implied, for the information provided within them. and any and all loss, disappointment, negligence or damage caused by reliance on the information contained 8. If any of these terms should be determined to be illegal, in the industry report or any failure or alleged failure in the invalid or otherwise unenforceable by reason of the laws delivery of the Service referred to herein, or in the event of of any state or country in which these terms are intended bankruptcy, liquidation or cessation of trade in any to be effective, then to the extent and within the company, individual or firm referred to herein. jurisdiction in which that term is illegal, invalid or Confirmation of the information accuracy should be enforceable, it shall be severed and deleted from the clause sought from the establishments concerned. Unless concerned and the remaining terms and conditions shall otherwise stated, the copyrights and any other rights in all remain in full force and effect and continue to be binding material on this site are owned by SeeNews. Use of this and enforceable. industry report is provided by SeeNews subject to the following Terms and Conditions: 9. By accessing and reading any part of this industry report, you should have accepted these Terms in full. 1. Use of this industry report constitutes your acceptance of these Terms and Conditions which take effect when All rights reserved. Downloads and print extracts of you first use this industry report. SeeNews reserves the SeeNews are allowed for personal and non-commercial right to change these terms and conditions at any time by use only. Re-publication or redistribution of content, posting changes online. You are responsible for reviewing including by framing, is strictly prohibited without the regularly information posted online to obtain timely prior written consent of SeeNews Ltd., Sofia, Bulgaria. notice of such changes. Your continued use of the industry report after changes are posted constitutes your acceptance of this agreement.

2. Neither SeeNews nor other related parties, whilst endeavouring to provide 24/7 availability, will be held liable if for any reason the industry report is unavailable at any time.

3. Access to this industry report may be suspended temporarily or permanently and without notice.

4. Whilst SeeNews endeavours to ensure that the information on this site is correct and up-to-date, no warranty, express or implied, is given as to its accuracy and SeeNews does not accept any liability for error or omission.

5. Part of this industry report contains materials submitted to SeeNews by third parties. Third parties are responsible for ensuring that materials submitted for inclusion on this industry report complies with national and relevant international law. SeeNews can not guarantee the accuracy of this material and hereby expressly disclaims any responsibility for error, omission or inaccuracy in the