Gimel 2 Greenhouses SPLTD - Sofia - Short Company profile

Only 40% of the fruits and vegetables that are sold in the country are produced in Bulgaria, said the Minister of Agriculture Kiril Vatev. Over the years, the open areas for growing vegetables have been permanently decreasing and in 2021-2022 they were 29.9 thousand ha. However, the greenhouses are expanding and now occupy 1073 ha. The production of vegetables from the 2022 harvest is 629.2 thousand tons, of which 109.7 thousand tons are greenhouse. The largest production is potatoes, tomatoes, watermelons, cucumbers and pepper. According to current estimates of the Center for Economic Analysis of Agriculture (SARA) at the Institute of Agrarian Economics, the production of tomatoes in 2023 may fall to 105 thousand tons, a drop is also expected for cucumbers (to 49 thousand tons), but pepper quantities will remain roughly at last year's level. In 2022, the areas with fruit, shell and berry plantations will also decrease - by 3%, to 63,327 ha. Of the fruits produced, the relative share of plums and gooseberries is the largest, followed by cherries and apples. Compared to the previous year, there was an increase in cultivated rose hips, almonds, peaches and nectarines, hazelnuts, apples, cherries, pears and raspberries. The production of walnuts, plums and plums, apricots and sour cherries is less. Last year, the processing of fresh fruit also increased - by 15.7% to 116.5 thousand tons, and 109.3 thousand tons of fresh vegetables. 78.2 thousand tons of finished fruit products were produced, and that of vegetables was 86.5 thousand tons. The largest share of processed fruits are apples, cherries and peaches, and of processed vegetables - tomatoes, peppers and potatoes. The total revenues of the largest enterprises in the sector in 2022 grew by more than 39% (for the same comparable companies) and exceeded BGN 95 million. Nine companies reported higher sales revenues compared to the previous year, the most notable being the jump at "Greens" (263.7%), "Agrologic" (79.5%), "Greenhouses-Gimel II" (41.2%). Only one company in the top 10 - Eurofields BG - reported a decrease in annual turnover. The biggest profit in the top 10 was realized by "Greens" and "Yordan Velichkov - Vladi". "Biofruta" and "Ecoterra" worked at a loss, and four companies report a lower financial result in 2022. "Greens" and "Agrologic" were the most profitable, and "Bata 2002" were the largest employers. Greenhouses-Gimel II" and "Yordan Velichkov - Vladi". ?