Investment activity in industry

The investment business inquiry of the national Statistical Institute (NSI) carried out among industrial enterprises in October 2013 shows that entrepreneurs expect to make 7.2% more investments in the current year in comparison with the previous 2012.

According to the main industrial groupings the highest relative share in planned investments in 2013 is taken by the energy and water-related industries (42.7%), followed by industries producing intermediate goods (34.6%) and industries producing non-durable goods (14.0%).

By the business inquiry data a decrease of the volume of investments in the industry over 2014 by 9.3% in comparison with 2013 is predicted, as about 38% of the enterprises do not plan any expenditure on acquiring fixed assets over the next year. The energy and water-related industries again form the highest relative share - 53.4%. They are followed by the industries producing intermediate goods and these industries producing non-durable goods by 24.8% and 12.8% respectively.

According to the direction of investments in 2014 the highest share is expected to be these for mechanization or automatization of existing production processes and for introduction of new technologies - 38.7% of the total amount of investments in industry. On the second place by 26.1% share are the planned investments for an increase of production capacity followed by these for replacement of worn-out equipment - by 22.8% and for protection of the environment, safety measures, etc. - by 12.4%.

As regards the factors “demand of production“, “financial resources or expected profits” and “technical factors”, that may influence over investment decisions in 2014 prevail the positive assessments on influence - “stimulating” or ”very stimulating”. In the group “other factors” 23.8% of the enterprises indicated their influence as “stimulating” and 41.5% of them abstain from assessment.