New Report Available: Bulgaria Infrastructure Report Q1 2014
We continue to forecast a contraction in Bulgaria's construction industry in 2013, estimated at 3.6%. This is supported by official data indicating a contraction of 3.8% in H113. The industry's recession, which started in 2009 and experienced a record low of -17.9% in 2010, has continued throughout 2013. However, we believe that the worst could now be over. Signs of growth are expected in the transport sub-sector from 2014, for which we forecast positive growth of 3.4% (as a result...
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