FDI inflows to Romania down 68% in Jan-Aug
The direct investments of non-residents in Romania amounted to EUR 1.40 billion in January-August, a third of the level reached in the same period of last year - EUR 4.40 bln, according to the National Bank of Romania (BNR).
Andrei Chirileasa · Journalist
· Updated · 1 min read
The direct investments of non-residents in Romania amounted to EUR 1.40 billion in January-August, a third of the level reached in the same period of last year - EUR 4.40 bln, according to the National Bank of Romania (BNR).
Out of the total, equity investments (including estimated net reinvested profit) amounted to a net value of EUR 994 mln, while the loans contracted by FDI companies from their parent-groups reached a net value of EUR 402 million (net borrowing), BNR says.
Meanwhile, the number of newly established foreign capital companies decreased in the first eight months of the year by 33.9% compared to the same period of 2019, to 2,495, according to data centralized by the National Trade Registry Office (ONRC).
The 2,495 new companies received only USD 13 mln as initial share capital, 21% less than in January - August 2019.
As of the end of August, most foreign direct investors came from Italy (49,349 companies, USD 3.85 bln capital).
Still, the highest value of foreign capital belongs to Dutch-registered companies (USD 12.8 bln, in 5,484 companies), according to ONRC data.
(Photo: Wanida Prapan/ Dreamstime)
