Romania’s net investments see 3.1 decrease in 2014

Net investments in the national economy dropped last year by 3.1 percent as compared to 2013 to RON 65,59 billion (EUR 14,77 billion), according to the National Statistics Institute (INS) data.  

On the other hand, investments in the national economy increased in Q4 2014 by 3 percent against the fourth quarter of 2013, growth recorded due to new construction works and machinery and transport equipment, categories that saw a 6.6 percent and a 0.3 percent increase respectively. Other expenditures decreased by 1.4 percent. Investments in new construction works last year amounted to RON 30666.3 million (EUR 6884,8 million), representing 46.8 percent of the total, against 47.1 percent in 2013. Investments in machinery and transport equipment amounted to RON 26782.8 million (EUR 6012.9 million), representing 40.8 percent of the total, compared to 42.4 percent in 2013.

Industry drew 38.9 percent of the investments, followed closely by commerce / services – 38.3 percent. Constructions have a share of 15.7 percent, and agriculture 5.4 percent.

“A good piece of news! According to the INS, in the fourth quarter of 2014 the net investments grew 3 percent, especially due to the construction works,” Prime Minister Victor Ponta wrote on his Twitter account.

Staff

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