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Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at [email protected] 

 

FDI to GDP ratio in Romania eases slightly to 2.3% of GDP in 2019

The Foreign Direct Investment (FDI) flows to Romania edged down slightly to EUR 5.17 billion in 2019, from EUR 5.26 bln in 2018, according to the annual FDI report published by Romania's National Bank (BNR).

From a broader perspective, FDI remained robust compared to the EUR 4.5-4.7 bln in 2016-2017.

The FDI to GDP ratio decreased from 2.6% in 2018 to 2.3% in 2019.

More than half of the FDI inflows in Romania last year consisted of reinvested earnings (EUR 2.8 bln) while the new equity contribution of the foreign investors was only EUR 2.2 bln.

The trade sector continued to attract the highest FDI flows in 2019 (EUR 1.8 bln), amid strong consumption growth. Over EUR 1.3 bln went into industry, of which EUR 980 mln in the manufacturing industries.

The main activities targeted were the food, beverage, and tobacco industry (EUR 309 mln), automobile industry (EUR 214 mln), and machinery and equipment construction (EUR 93 mln).

Financial intermediation and insurance attracted foreign direct investment worth more than EUR 1.1 bln last year.

Another area that attracted the investors' attention was IT&C, with inflows of EUR 447 mln in 2019.

The total FDI stock in Romania reached EUR 88.3 bln at the end of 2019, up by 8.9% year-on-year. Still, its share in the GDP decreased to 39.5%, the lowest since 2008.

(Photo: Wanida Prapan/ Dreamstime)

[email protected]

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Profile picture for user iuliane
Iulian Ernst
Senior Editor

Iulian studied physics at the University of Bucharest, and he sees himself as a physicist in the broadest sense of the word. He also studied economics at Charles University in Prague and Central European University in Budapest, after a master’s program in business administration at Bucharest Academy of Economic Studies. Since recently, he’s been exploring coding and data analysis for business and economics. As a freelancer, he worked for nearly two decades as an analyst for ISI Emerging Markets, Euromonitor International, Business New Europe, but also as a consultant for OMV Petrom and UkrAgroConsult. Iulian was part of the founding team of Ziarul Financiar. At Romania Insider, which he joined in 2018, he is reviewing the latest economic developments for the premium bulletins and newsletters. He would gladly discuss topics such as macroeconomics, emerging markets, Prague, energy sector including renewable, Led Zeppelin, financial services, as well as tech start-ups and innovative technologies. Email him at [email protected] 

 

FDI to GDP ratio in Romania eases slightly to 2.3% of GDP in 2019

The Foreign Direct Investment (FDI) flows to Romania edged down slightly to EUR 5.17 billion in 2019, from EUR 5.26 bln in 2018, according to the annual FDI report published by Romania's National Bank (BNR).

From a broader perspective, FDI remained robust compared to the EUR 4.5-4.7 bln in 2016-2017.

The FDI to GDP ratio decreased from 2.6% in 2018 to 2.3% in 2019.

More than half of the FDI inflows in Romania last year consisted of reinvested earnings (EUR 2.8 bln) while the new equity contribution of the foreign investors was only EUR 2.2 bln.

The trade sector continued to attract the highest FDI flows in 2019 (EUR 1.8 bln), amid strong consumption growth. Over EUR 1.3 bln went into industry, of which EUR 980 mln in the manufacturing industries.

The main activities targeted were the food, beverage, and tobacco industry (EUR 309 mln), automobile industry (EUR 214 mln), and machinery and equipment construction (EUR 93 mln).

Financial intermediation and insurance attracted foreign direct investment worth more than EUR 1.1 bln last year.

Another area that attracted the investors' attention was IT&C, with inflows of EUR 447 mln in 2019.

The total FDI stock in Romania reached EUR 88.3 bln at the end of 2019, up by 8.9% year-on-year. Still, its share in the GDP decreased to 39.5%, the lowest since 2008.

(Photo: Wanida Prapan/ Dreamstime)

[email protected]

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