Foreign direct investment, down in Romania in January

Foreign direct investment in Romania went down almost 20% in January 2018 compared to the same month of 2018, to EUR 310 million, according to Romania’s National Bank (BNR) data. In January 2017, foreign direct investment stood at EUR 387 million. Equity investments, including reinvested profits, totaled EUR 186 million and intragroup net loans reached EUR 124 million in January 2018, according to BNR. The number of new companies with foreign shareholders that were set up in January 2018 was 380, up by 16% compared to the same month of 2017, according to data from the Trade Registry’s Office (ONRC). The social capital of these new companies totaled EUR 1.41 million. The capital increases registered in January by local companies with foreign shareholders totaled EUR 109 million, according to ONRC data. The foreign direct investment in Romania totaled EUR 4.59 billion in 2017, up by 1.5% over 2016. editor@romania-insider.com