The volume net investments in Romania’s economy in the third quarter of the year amounted to RON 26.84 billion (EUR 5.65 bln), up by 26.8% (in comparable prices) compared to the same period last year, according to the statistics office INS.

Investments in new buildings increased by 40.9% year-on-year, much faster than the investments in machinery and equipment that advanced by 14.6% year-on-year.

The net investments in the first nine months of the year amounted to RON 67.1 billion (EUR 14 bln), 18.6% higher compared to the same period of 2018, in comparable prices. Out of the total amount, some RON 35.5 bln (53% of total) were new construction works, 34% more than last year. The investments in machinery (production capacities), including means of transport accounted for 35.7% of the total, namely RON 23.9 bln, only 4.8% more than in January-September 2018.

By sector of activity, most of the investments, 34.6%, were in the construction sector, followed by industry, with a share of 27.3%, and trade & services, with 21.9%. Agriculture attracted only 4.6% of total investments in the economy in the first nine months of the year, while other branches accounted for 11.6%.

editor@romania-insider.com

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