Industry Report Repair of computers and personal and household goods 2017 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 2016 there were a total of 3,576 companies operating in the industry. In 2015 their number totalled 3,589. I. KEY INDICATORS NUMBER OF COMPANIES IN REPAIR OF COMPUTERS AND The Repair of computers and personal and household PERSONAL AND HOUSEHOLD GOODS INDUSTRY BY SECTORS goods industry in Bulgaria was represented by 3,500 SECTOR 2017 2016 2015 companies at the end of 2017, compared to 3,576 in the REPAIR OF HOUSEHOLD APPLIANCES AND 843 856 893 previous year and 3,589 in 2015. HOME AND GARDEN EQUIPMENT REPAIR OF OTHER PERSONAL AND 838 863 857 The industry's net profit amounted to BGN 18,300,000 in HOUSEHOLD GOODS 2017. REPAIR OF COMPUTERS AND PERIPHERAL 729 739 729 EQUIPMENT The industry's total revenue was BGN 155,345,000 in 2017, REPAIR OF CONSUMER ELECTRONICS 329 334 340 up by 9.92% compared to the previous year. REPAIR OF FOOTWEAR AND LEATHER GOODS 222 230 241 REPAIR OF FURNITURE AND HOME 205 219 198 FURNISHINGS The combined costs of the companies in the Repair of REPAIR OF COMMUNICATION EQUIPMENT 187 179 167 computers and personal and household goods industry REPAIR OF WATCHES, CLOCKS AND JEWELLERY 147 156 164 reached BGN 135,457,000 in 2017, up by 9.82% year-on- year. The industry's total revenue makes up 0.16% to the country's Gross domestic product (GDP) in 2017, compared III. REVENUES to 0.15% for 2016 and 0.15% in 2015. The total revenue in the industry was BGN 155,345,000 in A total of 2,495 people were employed in the Repair of 2017, BGN 141,329,000 in 2016 and 129,972,000 in 2015. computers and personal and household goods industry in 2017, compared to 2,692 in 2016 and 2,721 in 2015. Total revenue Most of the companies in the industry are based in Sofia, Net sales revenue followed by Varna and Plovdiv. 160,000,000 155,345,000 141,329,000 144,000,000 151,059,000 II. INTRODUCTION 129,972,000 128,000,000 136,995,000 126,362,000 In 2017 the companies in the Repair of computers and 112,000,000 personal and household goods industry numbered 3,500, distributed in 8 sectors. 96,000,000 80,000,000 BGN 64,000,000 INDUSTRY STRUCTURE BY SECTORS AND NUMBER OF COMPANIES 539 48,000,000 32,000,000 329 729 16,000,000 0 222 2015 2016 2017 The companies in the Repair of computers and personal and household goods market of Bulgaria earned combined net sales revenues of BGN 151,059,000 in 2017. In annual terms, sales marked an increase of 10.27% 843 compared to 2016. In comparison to 2015 they grew by 838 19.54%. In 2016 sales went up by 8.41% year-on-year. The Repair of computers and personal and household goods Repair of household appliances and home and garden equipment industry total revenue make up 0.16% to the country's GDP in 2017, compared to 0.15% for 2016 and 0.15% in 2015. Repair of other personal and household goods Repair of computers and peripheral equipment Repair of consumer electronics Repair of footwear and leather goods Others 2 SeeNews Industry Report Share in GDP 0.16% 7 REPAIR OF FOOTWEAR AND LEATHER GOODS 1,772,000 0.16 0.15% 0.15% 8 REPAIR OF WATCHES, CLOCKS AND JEWELLERY 1,205,000 0.144 0.128 INDUSTRY'S NET SALES REVENUE STRUCTURE BY SECTORS 0.112 11.25% 0.096 7.62% 0.08 6.25% 0.064 0.048 32.59% 5.49% 0.032 0.016 0 2015 2016 2017 In 2017 the Repair of computers and personal and household 36.79% goods industry contributed to GDP BGN 112,297,000 in Gross value added (GVA) accounting for 0.07% of the total for the Repair of household appliances and home and garden equipment country's economy. Repair of computers and peripheral equipment Repair of communication equipment In the previous year, the industry's GVA amounted BGN Repair of consumer electronics 102,852,000, accounting for 0.07% of the total for the country in 2016. In 2015 the GVA of the Repair of computers Repair of other personal and household goods and personal and household goods was BGN 97,036,000, or Others 0.06% of the GVA for the country's economy. The highest growth, of 47.55%, was recorded by Repair of GVA BY SECTORS communication equipment, while Repair of computers and RANK SECTOR BGN SHARE OF THE peripheral equipment registered the sharpest decline, of COUNTRY'S GVA (%) 2.49%. 1 REPAIR OF HOUSEHOLD APPLIANCES AND 35,338,000 0.02 HOME AND GARDEN EQUIPMENT TOP COMPANIES' REVENUE BY SECTORS 2 REPAIR OF COMPUTERS AND PERIPHERAL 35,135,000 0.02 SEGMENT COMPANY TOTAL REVENUE NET SALES EQUIPMENT (BGN) REVENUE (BGN) REPAIR OF OTHER PERSONAL AND HOUSEHOLD GOODS 3 REPAIR OF COMMUNICATION EQUIPMENT 15,623,000 0.01 DIBIKO EOOD 250,000 217,000 4 REPAIR OF CONSUMER ELECTRONICS 9,669,000 0.01 VESI DIZAYN EOOD 187,000 187,000 5 REPAIR OF OTHER PERSONAL AND 7,557,000 0.00 HOUSEHOLD GOODS SYNTHIA COUTURE EOOD 182,000 182,000 6 REPAIR OF FURNITURE AND HOME 6,137,000 0.00 REPAIR OF FURNITURE AND HOME FURNISHINGS FURNISHINGS BOROLEN EOOD 979,000 979,000 7 REPAIR OF FOOTWEAR AND LEATHER GOODS 1,704,000 0.00 PANTA DESIGN STUDIO OOD 834,000 834,000 8 REPAIR OF WATCHES, CLOCKS AND 1,134,000 0.00 VILNER EOOD 297,000 101,000 JEWELLERY REPAIR OF WATCHES, CLOCKS AND JEWELLERY KARAT NN 99 EOOD 55,000 32,000 PRO PRINT BULGARIA EOOD 49,000 49,000 We expect, based on the trend in the last three years, the total VREME - PETAR MARTSEV - SVETOSLAV 48,000 46,000 revenue of the Repair of computers and personal and MARTSEV ET household goods industry to change at a compound annual REPAIR OF CONSUMER ELECTRONICS growth rate (CAGR) of 9.33% in 2018. RETEL EAD 1,802,000 1,598,000 LAS SERVIZ EOOD 1,252,000 1,244,000 NET SALES REVENUE BY SECTORS MAX SERVIZ GALIN GENADIEV EOOD 946,000 943,000 RANK SECTOR NET SALES REVENUE (BGN) REPAIR OF HOUSEHOLD APPLIANCES AND HOME AND GARDEN EQUIPMENT 1 REPAIR OF HOUSEHOLD APPLIANCES AND HOME AND 55,582,000 K AND K SERVICE SOLE EOOD 18,824,000 18,584,000 GARDEN EQUIPMENT G SERVIZ AD 1,489,000 1,448,000 2 REPAIR OF COMPUTERS AND PERIPHERAL EQUIPMENT 49,230,000 AVAL OOD 1,478,000 1,478,000 3 REPAIR OF COMMUNICATION EQUIPMENT 16,995,000 REPAIR OF FOOTWEAR AND LEATHER GOODS 4 REPAIR OF CONSUMER ELECTRONICS 11,512,000 SALAMANDER - KIRIL YORDANOV ET 44,000 44,000 5 REPAIR OF OTHER PERSONAL AND HOUSEHOLD GOODS 8,299,000 PILON 2 EOOD 40,000 40,000 6 REPAIR OF FURNITURE AND HOME FURNISHINGS 6,464,000 PETAR NIKOLOV NIKODOLI ET 40,000 40,000 3 SeeNews Industry Report REPAIR OF COMPUTERS AND PERIPHERAL EQUIPMENT 9 SK STOYKOV SIMEON STOYKOV ET 1525.00% XEROX BULGARIA EOOD 6,303,000 4,981,000 10 RIMS ENGINEERING EOOD 1500.00% VIEW POINT OOD 1,786,000 1,440,000 TNG ELECTRONICS OOD 1,271,000 1,261,000 REPAIR OF COMMUNICATION EQUIPMENT TOP 10 COMPANIES BY TOTAL REVENUE IN THE INDUSTRY REPAIR BULGRAM EOOD 7,295,000 7,261,000 OF OTHER PERSONAL AND HOUSEHOLD GOODS WERE: OMNITEL OOD 3,358,000 3,358,000 COMPANY BGN DIBIKO EOOD 250,000 SERVICE4YOU OOD 855,000 855,000 VESI DIZAYN EOOD 187,000 SYNTHIA COUTURE EOOD 182,000 The top 10 companies in terms of total revenue in Repair of ECOTECHNICS EOOD 147,000 computers and personal and household goods accounted for ASTRA - EM EOOD 147,000 29.04% of the industry's total in 2017, 27.77% in 2016 and RINK INGENERING EOOD 124,000 24.14% in 2015. MULTIMAISTOR BG EOOD 121,000 SIDONNA OOD 101,000 TOP 10 COMPANIES BY TOTAL AND NET SALES REVENUE IN THE GAS ENERGIA EOOD 97,000 INDUSTRY LOCKSMITH BULGARIA EOOD 88,000 RANK COMPANY TOTAL REVENUE NET SALE (BGN) REVENUE (BGN) 1 K AND K SERVICE SOLE EOOD 18,824,000 18,584,000 The 10 largest companies in terms of total revenue in sector 2 BULGRAM EOOD 7,295,000 7,261,000 Repair of other personal and household goods earned total 3 XEROX BULGARIA EOOD 6,303,000 4,981,000 revenue of BGN 1,444,000 and accounted for 0.93% of the 4 OMNITEL OOD 3,358,000 3,358,000 industry's total revenue. 5 RETEL EAD 1,802,000 1,598,000 6 VIEW POINT OOD 1,786,000 1,440,000 TOP 10 COMPANIES BY TOTAL REVENUE IN THE FIELD REPAIR OF 7 G SERVIZ AD 1,489,000 1,448,000 FURNITURE AND HOME FURNISHINGS WERE: 8 AVAL OOD 1,478,000 1,478,000 COMPANY BGN 9 ETIKA SERVICE OOD 1,454,000 1,403,000 BOROLEN EOOD 979,000 10 BG - SERVICE OOD 1,317,000 1,258,000 PANTA DESIGN STUDIO OOD 834,000 VILNER EOOD 297,000 ASEN KARAMITEV 82 EOOD 267,000 The total revenues of the top 10 companies in the Repair of MATRIX-M OOD 211,000 computers and personal and household goods were 0.05% of MEBATELIE 47 EOOD 205,000 GDP in 2017, compared to 0.04% for 2016 and 0.04% in 2015.