PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Government-backed Incentives to Support Continued FDI Flows into Electronics Manufacturing Market in Bulgaria Finds Frost & Sullivan - Bulgaria offers immense growth potential for electronics manufacturing and related services
Government-backed Incentives to Support Continued FDI Flows into Electronics Manufacturing Market in Bulgaria Finds Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2009/04/29 - Bulgaria offers immense growth potential for electronics manufacturing and related services.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

However, high inflation has been a cause of concern, especially amidst the economic slowdown, which affected Bulgaria in the second half of 2008. Nevertheless, contract manufacturers in Bulgaria can look forward to mixed prospects in 2009 with more market opportunities projected to emerge in 2010, thanks to incentives offered by the government promoting electronics manufacturing.

New analysis from Frost & Sullivan (smt.frost.com), Bulgarian Electronics Manufacturing Market, finds that the market earned revenues of $441.0 million in 2008 and is estimated to reach $887.4 million in 2015.

"The global economic slowdown, which spread to emerging markets in Central and Eastern Europe (CEE) in late 2008 has had a considerable impact on Foreign Direct Investment (FDI) flowing into the electronics manufacturing segment in Bulgaria," observes Frost & Sullivan Research Analyst Harish Natesan. "Nonetheless, with the government introducing aggressive policies to woo investors to Bulgaria, the country is set to attract appreciable FDI in electronics manufacturing in the coming years."

The Bulgarian government has decided to lower investment thresholds and offer more incentives to electronics manufacturers investing in regions experiencing high unemployment. These economic reforms in the wake of the economic slowdown have been an attempt to lower the impact of this crisis on the Bulgarian economy. Hence, Bulgaria is set to emerge as one of the largest recipients of FDI in the CEE region in the coming years.

In 2008, rising inflation rates as well as the advent of the economic slowdown restrained the expansion of the electronics manufacturing market in the country. This trend is expected to persist in 2009 as well. Declining demand in key end-user segments has also been a key restraint for market growth.

"Curtailed investments due to the economic slowdown as well as mounting operating expenses will impact the prospects of the Bulgarian electronics manufacturing market in 2009," cautions Harish. "In addition, declining demand from end users will be a major restraint on growth potential."

Proximity to Romania and other emerging markets in Eastern Europe are positioning Bulgaria as a key electronics manufacturing hub for the future. As electronics manufacturers increasingly look to capitalise on markets with more limited competition, Bulgaria is emerging as an attractive destination for electronics manufacturing and services in Southeast Europe.

"Bulgaria offers the advantage of strategic proximity to Romania and a low competitive scenario," remarks Harish. "Accordingly, it is increasingly being preferred by many electronics assemblers who are evaluating the Southeast European market."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brief brochure will be sent to you by email.

Bulgarian Electronics Manufacturing Markets is part of the Surface Mount Technologies Growth Partnership Service programme, which also includes research in the following markets: Hungarian Electronics Manufacturing Markets, Polish Electronics Manufacturing Markets and Romanian Electronics Manufacturing Markets. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents.

GIL 2009: Europe
Frost & Sullivan has expanded its flagship Global Congress on Corporate Growth - GIL Global - into several major cities around the world including London. For the first time ever in Europe, Frost & Sullivan will be hosting the Growth, Innovation and Leadership Congress 'GIL 2009: Europe' on 19-20 May, at the Sofitel St James in London. GIL Global is the industry's only event designed to support senior executives in their efforts to achieve sustainable, top-line growth. To register, obtain a programme agenda, explore sponsorship opportunities, or attend as a member of the media for GIL 2009: Europe, please contact Joanna Lewandowska, Corporate Communications for Frost & Sullivan in Europe, at Joanna.lewandowska[.]frost.com. One-on-One interviews with Frost & Sullivan senior growth consultants are also being scheduled. For more information you can also visit frost.com/gilglobal.

Bulgarian Electronics Manufacturing Markets / M390

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Electronics/Instrumentation/RFID Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Electronics/Instrumentation/RFID articles,
CATCH Visitors via Your Competitors Announcements!


Government-backed Incentives to Support Continued FDI Flows into Electronics Manufacturing Market in Bulgaria Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Surface Mount Tech. | Frost & Sullivan
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Electronics/Instrumentation/RFID via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Electronics/Instrumentation/RFID Most Recent Related Newswires:

Curtiss-Wright Qualifies its Conduction Cooled Supercomputer-Class DSP Modules for ISR Applications to Extreme Ruggedization Level
NI Unveils the Next Generation of LabVIEW
Bruker Launches the S8 TIGER™ Series 2 WDXRF System for Elemental Analysis in Industrial and Academic Research and Materials Quality Control
GE Expands Board-Level Power Conversion Capabilities with Next-Generation DLynx* II Digital, Non-Isolated DC-DC Voltage Converters
LED Lighting Industry - Middle East to Become One of the Fastest Growing Markets Finds Frost & Sullivan
Hitachi High Tech Science Park to Open in California
Frost & Sullivan Acclaims Kamstrup for its Highly Customer-centric Smart Water Meter Solutions
Curtiss-Wright’s New QorIQ® T2080-based COTS Single Board Computer Speeds and Lowers the Cost of DO-254 DAL A Safety Certifiability
Bruker Acquires Emerging Light Sheet Microscopy Company Luxendo
Curtiss-Wright Expands Industry-Leading Counterfeit Mitigation Efforts with Improved Obsolescence Mitigation Reporting Procedures
NI Announces New Multichannel Mixed-Signal Instruments to Lower Cost and Size of Automated Test Systems
Enel Energia, Nissan Italia and IIT Join Forces for the Development of Electric Mobility
ESA Satellite with Noliac Piezo Actuator Stacks in Space
Curtiss-Wright Selected by Bell Helicopter Canada to Provide Cockpit Voice/Flight Data Recorder System
Toyota Acknowledges Infineon for Outstanding Quality

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Intrinsic Executive Search Ltd

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)