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Industry Report Architectural and Engineering Activities; Technical Testing and Analysis 2018 BULGARIA

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Industry Report Architectural and Engineering Activities; Technical Testing and Analysis 2018 BULGARIA Industry Report Architectural and engineering activities; technical testing and analysis 2018 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 In 2017 there were a total of 8,898 companies operating in I. KEY INDICATORS the industry. In 2016 their number totalled 9,246. The Architectural and engineering activities; technical NUMBER OF COMPANIES IN ARCHITECTURAL AND ENGINEERING testing and analysis industry in Bulgaria was represented by ACTIVITIES; TECHNICAL TESTING AND ANALYSIS INDUSTRY BY 8,926 companies at the end of 2018, compared to 8,898 in SECTORS the previous year and 9,246 in 2016. SECTOR 2018 2017 2016 ENGINEERING ACTIVITIES AND RELATED 5,769 5,770 6,070 The industry's net profit amounted to BGN 180,501,000 in TECHNICAL CONSULTANCY 2018. ARCHITECTURAL ACTIVITIES 2,346 2,323 2,355 TECHNICAL TESTING AND ANALYSIS 811 805 821 The industry's total revenue was BGN 1,532,198,000 in 2018, up by 12.14% compared to the previous year. The combined costs of the companies in the Architectural and engineering activities; technical testing and analysis III. REVENUES industry reached BGN 1,323,060,000 in 2018, up by 7.21% year-on-year. The total revenue in the industry was BGN 1,532,198,000 in 2018, BGN 1,366,322,000 in 2017 and 1,433,434,000 in 2016. The industry's total revenue makes up 1.55% to the country's Gross domestic product (GDP) in 2018, compared Total revenue to 1.42% for 2017 and 1.55% in 2016. Net sales revenue A total of 13,974 people were employed in the Architectural 1,600,000,000 1,532,198,000 and engineering activities; technical testing and analysis 1,433,434,000 industry in 2018, compared to 13,931 in 2017 and 13,841 in 1,440,000,000 1,366,322,000 1,416,461,000 2016. 1,280,000,000 1,313,553,000 1,244,026,000 Most of the companies in the industry are based in Sofia, 1,120,000,000 followed by Varna and Plovdiv. 960,000,000 800,000,000 II. INTRODUCTION BGN 640,000,000 In 2018 the companies in the Architectural and engineering activities; technical testing and analysis industry numbered 480,000,000 8,926, distributed in 3 sectors. 320,000,000 160,000,000 INDUSTRY STRUCTURE BY SECTORS AND NUMBER OF COMPANIES 0 2,346 2016 2017 2018 The companies in the Architectural and engineering activities; technical testing and analysis market of Bulgaria earned combined net sales revenues of BGN 1,416,461,000 in 2018. In annual terms, sales marked a growth of 13.86% compared 811 to 2017. In comparison to 2016 they increased by 7.83%. In 2017 sales went up by 5.29% year-on-year. The Architectural and engineering activities; technical testing and analysis industry total revenue make up 1.55% to the country's GDP in 2018, compared to 1.42% for 2017 and 1.55% in 2016. 5,769 Engineering activities and related technical consultancy Architectural activities Technical testing and analysis 2 SeeNews Industry Report Share in GDP 1.61.55% 1.55% INDUSTRY'S NET SALES REVENUE STRUCTURE BY SECTORS 14.61% 1.42% 1.44 1.28 1.12 13.58% 0.96 0.8 0.64 0.48 0.32 0.16 0 2016 2017 2018 71.80% In 2018 the Architectural and engineering activities; technical Engineering activities and related technical consultancy testing and analysis industry contributed to GDP BGN Architectural activities 1,397,442,000 in Gross value added (GVA) accounting for 0.77% of the total for the country's economy. Technical testing and analysis In the previous year, the industry's GVA amounted BGN The highest growth, of 16.66%, was recorded by Engineering 1,237,933,000, accounting for 0.73% of the total for the activities and related technical consultancy. There was no country in 2017. In 2016 the GVA of the Architectural and industry's sector to report a drop in net sales revenues. engineering activities; technical testing and analysis was BGN 1,275,309,000, or 0.84% of the GVA for the country's TOP COMPANIES' REVENUE BY SECTORS SEGMENT COMPANY TOTAL REVENUE NET SALES economy. (BGN) REVENUE (BGN) ENGINEERING ACTIVITIES AND RELATED TECHNICAL CONSULTANCY GVA BY SECTORS WORLEY NUCLEAR SERVICES EAD 42,507,000 40,902,000 RANK SECTOR BGN SHARE OF THE COUNTRY'S JSC RUSATOM SERVICE BRANCH IN 41,854,000 15,142,000 GVA (%) BULGARIA 1 ENGINEERING ACTIVITIES AND RELATED 1,006,642,000 0.55 BALKANTEL OOD 34,829,000 34,331,000 TECHNICAL CONSULTANCY ARCHITECTURAL ACTIVITIES 2 ARCHITECTURAL ACTIVITIES 205,212,000 0.11 IRCON OOD 7,277,000 7,271,000 3 TECHNICAL TESTING AND ANALYSIS 185,588,000 0.10 RED VERTEX OOD 6,220,000 6,109,000 PLANING EOOD 3,537,000 3,537,000 TECHNICAL TESTING AND ANALYSIS We expect, based on the trend in the last three years, the total SGS BULGARIA EOOD 34,425,000 33,170,000 revenue of the Architectural and engineering activities; VIKING LIFE-SAVING EQUIPMENT BULGARIA 15,353,000 15,262,000 technical testing and analysis industry to change at a EOOD compound annual growth rate (CAGR) of 3.39% in 2019. INSPECTIT OOD 9,073,000 9,073,000 Engineering activities and related technical consultancy contributed net sales revenue of BGN 1,017,070,000 or The top 10 companies in terms of total revenue in 71.80% of the total net sales in the industry, sector Architectural and engineering activities; technical testing and Architectural activities - BGN 207,005,000 (14.61%), and analysis accounted for 17.72% of the industry's total in 2018, sector Technical testing and analysis - BGN 192,386,000 13.04% in 2017 and 18.79% in 2016. (13.58%). TOP 10 COMPANIES BY TOTAL AND NET SALES REVENUE IN THE INDUSTRY RANK COMPANY TOTAL REVENUE NET SALE (BGN) REVENUE (BGN) 1 WORLEY NUCLEAR SERVICES EAD 42,507,000 40,902,000 2 JSC RUSATOM SERVICE BRANCH IN 41,854,000 15,142,000 BULGARIA 3 BALKANTEL OOD 34,829,000 34,331,000 4 SGS BULGARIA EOOD 34,425,000 33,170,000 5 KONSOVEYO S A 32,811,000 32,811,000 6 RISK ENGINEERING AD 26,052,000 23,334,000 3 SeeNews Industry Report 7 DAY ENERGY EOOD 20,130,000 20,111,000 8 VIKING LIFE-SAVING EQUIPMENT BULGARIA 15,353,000 15,262,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE SECTOR EOOD ARCHITECTURAL ACTIVITIES WERE: 9 SOFINVEST EOOD 12,517,000 12,218,000 COMPANY BGN 10 UNIT ENERDGY OOD 11,006,000 10,949,000 IRCON OOD 7,277,000 RED VERTEX OOD 6,220,000 PLANING EOOD 3,537,000 The total revenues of the top 10 companies in the STEPHEN GEORGE INTERNATIONAL-BULGARIA EOOD 3,009,000 Architectural and engineering activities; technical testing and VAMOS OOD 2,881,000 analysis were 0.27% of GDP in 2018, compared to 0.19% for BATES BULGARIA EOOD 2,821,000 2017 and 0.29% in 2016. A.S.A. EOOD 2,336,000 BE ARCHITECTURE & CONSTRUCTION EOOD 2,307,000 The top 10 by assets in the Architectural and engineering ATELIE SERAFIMOV - ARCHITECTS OOD 2,256,000 activities; technical testing and analysis industry made up BGN ER TE KONSULT OOD 1,919,000 113,977,000, or 8.05% of the total net sales revenue. TOP 10 BY TOTAL ASSETS IN THE INDUSTRY The 10 largest companies in terms of total revenue in sector RANK COMPANY BGN Architectural activities earned total revenue of BGN 1 DANDI PRESHAS METALS KRUMOVGRAD EAD 452,618,000 34,563,000 and accounted for 2.26% of the industry's total 2 RISK ENGINEERING AD 258,063,000 revenue. 3 TOTAL E&P BULGARIA B.V. - KLON BULGARIA KCHT 183,859,000 4 BALKANTEL OOD 89,802,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE MARKET 5 PLAAN CHEH S R O DZZD 79,366,000 TECHNICAL TESTING AND ANALYSIS WERE: 6 WORLEY NUCLEAR SERVICES EAD 69,734,000 COMPANY BGN 7 OMV OFSHOR BULGARIA GMBH - KLON OFIS BULGARIA 56,101,000 SGS BULGARIA EOOD 34,425,000 KCHT VIKING LIFE-SAVING EQUIPMENT BULGARIA EOOD 15,353,000 8 JSC RUSATOM SERVICE BRANCH IN BULGARIA 28,776,000 INSPECTIT OOD 9,073,000 9 NOVENERGIA II BULGARIA EOOD 24,941,000 PSI PHARMA SUPPORT EOOD 5,383,000 10 EUROMAX SERVICES EOOD 23,043,000 DI END VI KONSULT OOD 4,519,000 EVROTEST KONTROL EAD 3,853,000 INSTITUT D EXPERTISE CLINIQUE BULGARIE *I.E.C.* - BULGARIE AD 3,769,000 TOP 10 COMPANIES WITH HIGHEST ANNUAL GROWTH IN TP PREMIER RISARCH GERMANIA LIMITED 3,296,000 OPERATING REVENUE IN ARCHITECTURAL AND ENGINEERING PRIMORIS BULGARIA AD 3,044,000 ACTIVITIES; TECHNICAL TESTING AND ANALYSIS INVENIO QD EOOD 2,793,000 RANK COMPANY Y/Y GROWTH 1 KRETEAM OOD 36300.00% 2 AKVA REY EOOD 16000.00% The 10 largest companies in terms of total revenue in sector 3 ARCHITECTURE AND DESIGN CONSULTING SPLTD EOOD 15100.00% Technical testing and analysis earned total revenue of BGN 4 LAGOM EOOD 12300.00% 85,508,000 and accounted for 5.58% of the industry's total 5 BAIER - NN OOD 10000.00% revenue. 6 SOLARIS EOOD 8500.00% 7 EVVE-61 OOD 8000.00% 8 ET VAYAN - YANKO YANKOV 7400.00% 9 SNG LIFE EOOD 7300.00% IV.
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