FDI up 48 pct in first four months to EUR 1.16 bln

Newsroom 15/06/2015 | 18:56

Foreign direct investment (FDI) in the first four months increased by 48 percent to EUR 1.16 billion, given that in April they stood at EUR 279 million, down 41 percent compared to March, according to data of the National Bank of Romania (BNR) quoted by Mediafax.

“Direct investments of non-residents in Romania totaled EUR 1.164 million, of which equity holdings (including estimated net profit) registered EUR 199 million and intra-group loans EUR 965 million (net),” reads a BNR release.

In the same period last year, investments stood at EUR 785 million, of which EUR 705 million in equity holdings.

The highest level of this year’s foreign investments was recorded in March, when it reached EUR 476 million, followed by the one in January, of EUR 299 million. In contrast, in February investments amount to EUR 110 million.

FDI fell by 10.6 percent last year compared to 2013, to about EUR 2.43 billion from a EUR 2.71 billion peak reached in 2013 after the economic crisis.

In 2013, foreign direct investment increased by 26.8 percent y-o-y compared to the previous year, to EUR 2.713 billion, reaching the peak of the last four years.

Staff