Investments in Romanian economy up 8.5 pct in Q1

Newsroom 04/06/2015 | 14:53

Net investments in national economy increased by 8.5 percent in the first quarter compared to the same period last year, to RON 11.93 billion (EUR 2.69 billion), announced on Thursday the National Statistics Institute (INS).

By structure elements, new construction works grew by 16.2 percent, equipment (including transportation facilities) by 3.8 percent and other expenditure by 0.4 percent.

“Against the first quarter of 2014, in Q1 2015 there has been an increase in the share of net investments in new construction works by 2.4 percent. The share of net investments in equipment (including transportation facilities) and other expenses decreased by 2.2 percent, 0.2 percent respectively. The branches that benefited from the higher volume of net investments are in industry, trade and services,” reads INS in a release.

BNR data show that foreign direct investment in the first quarter totaled EUR 885 million, up 55 percent compared to the same period last year.

Staff

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