AGRICULTURAL COOPERATIVES IN BULGARIA: ECONOMIC DIMENSIONS AND OPPORTUNITIES

Angel Sarov and Todorka Atanasova - Kalaydzhievа
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Angel Sarov: Trakia University - Stara Zagora, Bulgaria
Todorka Atanasova - Kalaydzhievа: Trakia University - Stara Zagora, Bulgaria

AGRIBUSINESS AND RURAL AREAS - ECONOMY, INNOVATION AND GROWTH, 2025, issue 1, 349-361

Abstract: Agricultural cooperatives as a specific form of supporting the households of member-cooperators and a model for social entrepreneurship are part of the global economy. Simultaneously with the fulfillment of their social role in society, an essential prerequisite for development is the achievement of good economic results from their activities. The purpose of the study is to analyze economic and financial parameters in the functioning of cooperative structures in the agricultural sector of Bulgaria. Official data from the Agrostatistics Department at the Ministry of Agriculture and Foods and Ciela INFO for the period 2007-2021 were used. The results achieved show that the financial autonomy coefficient is on an upward trend, and the reciprocal debt coefficient is on a downward trend. The coefficient of total profitability and that of equity are also on a downward trend. As a result of the analysis, a recommendation is made to change the model of the production structure. It is necessary to include crops with higher added value in production, which would have a positive impact on the financial parameters of agricultural cooperatives with a view to sustainable development.

Keywords: Cooperative models; agricultural cooperatives; economic indicators; opportunities (search for similar items in EconPapers)
Date: 2025
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