FDI in Romania reports 41 percent drop in Q1 to EUR 211 mln

The foreign direct investments (FDI) in Romania fell by 41 percent to EUR 211 million in the first quarter of the year against the same period of last year, as the persistent economic woes of Euro zone members, which have build strong investment positions locally, don’t seem to have any end in sight.

According to the National Bank of Romania (NBR), intragroup loans contributed EUR 213 million to the non-residents’ direct investment in Romania, while the equity stakes consolidated with the estimated net loss posted net payments of EUR 2 million.

Representatives of BCR, the biggest lender in Romania, recently said that growing inflows of FDI and EU funds play a central role in securing growth.

Romania’s medium and long term external debt grew by 2.6 percent to EUR 80.7 billion, which was 79.9 percent of the total debt, in the first quarter against the previous one. Meanwhile, the short term debt gained 0.3 percent to EUR 20.3 billion.

The medium and long term debt ratio ran at 33.1 percent in Q1 and the goods and services import cover rose to 8 months.

Read more about

In what ways can communication during the offboarding process help to preserve a positive employer brand and reputation?

read more

Romania has registered a surplus of EUR 69 million in the balance-of-payments current accounts, due to a surplus of EUR 153 million in services from a deficit of EUR 79 million and the reductions in trade balance and income deficits of EUR 640 million and EUR 347 million respectively.

Ovidiu Posirca