Manufacturing occupies the largest share in the local economy, such as manufacturing firms
generate about 37% of the total volume of sales revenue for 2021. The leadership position is
borrowed from the fuel industry and the production of parts and accessories for
cars becomes a structural determinant of the city's economy.
Structure of the economy of Ruse municipality
by sectors (Sales revenues - 2021)
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The municipality of Ruse is traditionally among the municipalities with a strong industrial profile. However, according to the latest data, the trade sector takes a slight advantage, generating about 38% of the total sales revenue volume for 2021. The wholesale trade sector is leading the way, with a significant growth of 30.8% during the Covid-19 pandemic. The largest share is in the trade of solid, liquid, and gaseous fuels and trade in chemicals.
Immediately after that, the industry ranks with 36.5% of the total sales revenue volume, with the leading position being taken by the machinery and equipment sector, while the production of parts and accessories for automobiles become structurally defining for the economy of the city.
The chemical industry, clothing manufactoring and metallurgy also have a significant share in the production sector of Ruse.
The sector of transport, warehouse and storage occupies a significant share in the structure of the local economy due to the strategic location of the region and its good connectivity. Logistics in Ruse is a sector with high potential for development. The strong position of the telecommunications and courier industry is thanks to the courier companies, which successfully expand their business activities.
The highly diversified profile is completed by the agriculture, construction, hotels and restaurants, as well as companies providing professional services (accounting, architectural, project, legal, consulting, real estate, advertising services etc.).
INVESTMENT PROFILE
OF RUSE MUNICIPALITY
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