National Bank of Romania (BNR) has revised upward the FDI net flow in the country last year by 4.6 percent up to EUR 4.797 billion, according to a statement released on Friday.
At the beginning of this year, the central bank has estimated the FDI net flow in 2017 to EUR 4.586 billion.
At end-2017, FDI stock in Romania amounted to EUR 75.85 billion, of which EUR 52.75 billion – equity stakes, including reinvested earnings, and EUR 23.1 billion – net credit from foreign investors.
“Net earnings from equity participation were EUR 5259 million, representing the net profit of FDI enterprises, tantamount to EUR 8068 million, less the loss of EUR 2809 million of FDI enterprises that incurred losses,” according to the central bank.
Net income from interest, computed by subtracting the interest received by foreign direct investors on loans granted to their enterprises in Romania from the interest paid by foreign direct investors for the loans received from their enterprises in Romania – either directly or via fellow companies, stood at EUR 618 million.
In the first seven months of 2018, FDI in Romania totalled EUR 2.31 billion, compared with EUR 2.27 billion in January-July 2017.