International Scientific Journals
of Scientific Technical Union of Mechanical Engineering "Industry 4.0"

The transformation of industrial enterprises to a circular economy in the conditions of Industry 4.0 is a key step towards sustainable development and reducing the carbon footprint on the nature. The main objective of the circular economy is to reduce the waste and utilize resources as efficiently as possible by reusing, recycling and extending the life cycle of products. This transformation requires changes to both the production processes and the business models of enterprises. The transition of industrial enterprises to a circular business model will have a beneficial effect on the environment, increase their financial results and improve their competitiveness. The circular business model requires a rethinking of internal processes, products and strategies. This research aims to analyse the opportunities of industrial enterprises to rethink their product strategies, optimize resources, effectively manage waste and promote a circular organizational culture.

Industrial robots are one of the main driving forces of the fourth industrial revolution and one of the most promising technologies for increasing the degree of automation in modern production. Since their entry into mass industrial production in the 1960s, they have evolved significantly, and today they are being implemented in the construction of high-tech smart manufacturing enterprises. With the development of technique and technology, industrial robots are becoming more productive, flexible, versatile, safe and easy to use, revealing new possibilities for modern industrial ecosystems. As a key tool for improving efficiency and productivity, they enter a number of sectors such as automotive, mechanical engineering, energy, electronic production, food industry, space sector, defense, etc.
The purpose of this report is to present the status and trends in the development of robotics and its spread among the industrial sectors of the economy. The results of the research show the state of the global robotics market and Bulgaria’s place in it.

The report is an attempt to classify different factors and their impact on the competitive potential of the company. An attempt to find a link between competitive potential, realization of investment projects and financial potential. Significant impact on the growth of competitive potential has financial potential. In the article examines the theory of the life cycle of industrial enterprises and the possibilities for its use to solve the problems at any time. The report examines the management issues of the innovation potential of industrial enterprise. The main components of the innovation potential as an economic category are investigated and recommendations to evaluate innovation potential are proposed.