Table of contents:

Methodology

Executive summary

Macroeconomic environment of the construction market in Bulgaria

• Gross domestic product
• EU membership
• Investments
• Current account and external debt
• Inflation and exchange rates

Current situation of the construction market in Bulgaria

• Construction market size
• Construction companies
• Cement production
• Employment and wages at construction companies
• Prices in construction
• The economic climate in construction
• Legislative changes relevant to the construction market
• Development forecast for 2009-2011

Civil engineering construction

• Situation on the civil engineering construction market
• Road network
• Rail network
• Air transport
• Ports
• Environmental protection projects
• Investments in heavy industry
• Power engineering
• Refining industry
• Metallurgy
• Nabucco Pipeline
• Development forecast for civil engineering construction, 2009-2011

Non-residential construction

• Situation on the non-residential construction market
• Industrial and warehouse construction
• Commercial and services construction
• Office construction
• Hotel construction
• Educational and healthcare construction
• Development forecast for non-residential construction, 2009-2011

Residential construction

• Housing stock
• Completed buildings and dwellings
• Construction permits and home starts
• Government housing policy
• Mortgages
• Housing prices
• Development forecast for residential construction, 2009-2011

Profiles of major construction companies operating in Bulgaria

• Glavbolgarstroy AD
• Holding Roads AD
• Trace Group Hold AD
• Geotechmin OOD
• Balkanstroy AD
• Planex OOD
• Enemona AD
• Balkani – LK EOOD
• Sienit OOD
• Midia EAD

List of graphs

List of tables

About PMR

Contact PMR

List of graphs and Tables:

List of graphs

1. Value and real growth rate of GDP in Bulgaria, 2003-2008
2. NRSF allocation by Operational Program in Bulgaria, 2007-2013
3. International investment position based on the values of assets and liabilities of Bulgaria (€ m), 2003-2008
4. FDI flows in Bulgaria (€ m), 2000-2008
5. FDI flows in construction in Bulgaria (€ m), 2000-2008
6. FDI flows in Bulgaria by major industries (€ m), 2000-2008
7. FDI flows in Bulgaria, by major investors (€ m), 2001-2008
8. Share of construction as a proportion of foreign direct investments in Bulgaria (%), 2001-2008
9. Current account deficit in Bulgaria (€ bn and % of GDP), 2001-2008
10. Gross external debt of Bulgaria (€ bn and % of GDP), 2001-2008
11. Consumer price index in Bulgaria (%), 2000-2009
12. Real effective exchange rate of Bulgarian Lev, Index June 1997=100, 2003-2008
13. Gross value added in construction in Bulgaria (BGN m and %), 1999-2008
14. Construction output growth in Bulgaria and the EU27 (%, y-o-y), Jan-Dec 2008
15. Net sales of leading construction companies in Bulgaria (BGN m), 2006-2007
16. Net profit of leading construction companies in Bulgaria (BGN m), 2006-2007
17. Net sales (BGN m) of the three largest producers of cement in Bulgaria, 2007
18. Net profit of the three largest producers of cement in Bulgaria (BGN m), 2006-2007
19. Number of employees in construction in Bulgaria (‘000), 2000-2008
20. The average monthly wage in the construction industry and in the economy in Bulgaria (BGN), 2000-2008
21. Employment expectations in construction in Bulgaria over the next 3 months, Jan 2002-Feb 2009
22. Sales price expectations in construction in Bulgaria over the next 3 months, Jan 1997-Feb 2009
23. Economic climate in Construction in Bulgaria, Jan 1997-Feb 2009
24. Limits to construction activity in Bulgaria (relative share of enterprises, %), Dec 2008-Jan 2009
25. Civil engineering construction and assembly output in Bulgaria, by type of building, 2008
26. Share of priorities in the Operational “Transport” Programme in Bulgaria (%), 2007-2013
27. Planned trans-European transport corridors in Bulgaria
28. The route of the Nabucco pipeline project, 2009
29. Non-residential construction and assembly output in Bulgaria, by type of building, 2008
30. European shopping centre pipeline (GLA, ‘000 m2), Autumn 2008
31. Housing stock in Bulgaria (‘000), 2003-2008
32. Number of homes completed in Bulgaria, 2004-2008
33. Change in the number of building permits issued in Bulgaria (%, y-o-y), Q1 2003-Q4 2008

List of tables

1. Average prices in construction in Central and Southern Europe by subdivisions in comparison with the EU average, 2008
2. Sources of finance for proposed road projects in Bulgaria, 2007-2013
3. Ongoing railway projects in Bulgaria, 2009
4. Sources of finance for the planned railways projects in Bulgaria, 2007-2013
5. Planned railway projects in Bulgaria, 2010-2017
6. International airports of national significance in Bulgaria, 2009
7. Sea ports of national significance in Bulgaria – basic characteristics, 2009
8. River ports of national significance in Bulgaria – basic characteristics, 2009
9. Nuclear power plants in Bulgaria, 2008
10. Industrial buildings being built in Sofia, Q4 2008
11. Industrial buildings in progress in Plovdiv, Q4 2008
12. Industrial space at the design stage in Plovdiv, Q4 2008
13. Industrial buildings under construction in Varna, Q4 2008
14. Existing shopping centres in Bulgaria, Q4 2008
15. Largest shopping centres being built or at in the design stage in Bulgaria, 2009-2010
16. Largest office space projects under construction in Sofia, projects launched in 2007-2008
17. Largest office space projects under construction in major Bulgarian cities, projects launched between 2006 and 2008
18. Largest planned office space projects in Bulgaria, 2009-2011
19. Largest hotels and hotel complexes being built in Bulgaria, Q4 2008
20. Healthcare facilities being built in Bulgaria, Q4 2008
21. Largest residential construction projects currently underway in Sofia and Sofia region, projects launched 2006-2008
22. Largest residential construction projects in Sofia and Sofia region, planned for launch in 2009-2010
23. Largest residential construction projects currently underway in Plovdiv and Plovdiv region, projects launched 2006-2008
24. Largest residential construction projects in Plovdiv and Plovdiv region, planned for launch in 2009-2010
25. Largest residential construction projects currently being built in Varna and the Varna region, projects launched 2006-2008
26. Largest residential construction projects in Varna and Varna region, planned for 2009-2010
27. Largest residential construction projects currently underway in Bourgas and Bourgas region, projects launched 2006-2008
28. Largest residential construction projects in Bourgas and Bourgas region, planned for 2009-2010
29. Large projects currently under construction in Bulgaria in cities other than Sofia, Plovdiv, Varna and Bourgas, projects launched 2006-2008
30. Housing prices in major cities in Bulgaria (€), 2007-2008
31. Key figures on Glavbolgarstroy AD, 2005-2007
32. Key figures on Holding Roads AD, 2005-2007
33. Key figures on Trace Group Hold AD, 2005-2007
34. Key figures on Geotechmin OOD, 2005-2007
35. Key figures on Balkanstroy AD, 2005-2007
36. Key figures on Planex OOD, 2005-2007
37. Key figures on Enemona AD, 2005-2007
38. Key figures on Balkani – LK EOOD, 2005-2007
39. Key figures on Sienit OOD, 2005-2007
40. Key figures on Midia EAD, 2005-2007

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