FDIs lower by 18.56 pct in the first eight months of the year

Georgiana Bendre 17/10/2017 | 09:53

The Foreign direct investments (FDIs) were lower by 18.56 percent in the first eight months of the year, compared with the similar period of 2016, to EUR 2.51 billion, according to the National Bank of Romania (BNR).

„The FDIs of non-residents in Romania amounted to EUR 2.518 billion, out of which the shares in capitals (including the estimated net reinvested profit) amounted to EUR 2.804 billion and the inter-group loans registered the negative net value of EUR 286 million,” says the BNR release.

The number of firms with foreign capital newly set up increased in the first eight months of this year by 12 percent compared with the similar period of 2016, to 3,951 units, according to the data of the National Office of Trade Registry (ONRC).

The new companies (3,951) had a subscribed social capital of over USD 34.1 million, a growth by 14.4 percent compared with January-August 2016.

In August compared with the same month of 2016, the number of companies newly set up increased by 13.6 percent to 449 firms.

Romania registered in 2016 the weakest year in the last 18 years regarding the firms with foreign capital newly set up.

Thus, last year were set up 5,348 firms, a drop by 5,831 units since 2015.

 

Find out more about the latest investments in the region at the Foreign Investors Summit. Join top local and regional investors to see Romania’s new business opportunities first hand,  and talk to the experts to help you make it happen.

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Georgiana Bendre | 29/11/2022 | 10:17

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