Market Report, "Bulgaria Infrastructure Report Q4 2013", Published
We continue to forecast a contraction of -2.7% for Bulgaria's construction industry in 2013. The industry recession that started in 2009 and experienced record low of -17.9% in 2010 is expected to continue through 2013. Negative growth recorded in Q1 2013 suggests a negative outcome for the industry again this year. However, we believe that the worst could now be over. Signs of growth are expected in the transport sector from 2014, when we forecast positive growth of 2.6%, mostly...
View full press release