Net investments in Romanian economy dive despite good fourth quarter

The net investments in Romania’s economy went down by 3.1% in 2014, for the second year in a row, despite the good fourth quarter, according to data from the National Institute of Statistics INS. The fourth quarter of the year brought about a 3% year-on-year growth. The total net investments in the economy stood at EUR 14.77 billion in 2014, 46.8% of which were new construction works – down from a ratio of 47.1%. Investments in means of transport and equipment were 40.8% of the total, compared to 42.4% in 2013. Industry got some 40% of the net investments, followed by trade & services – 38.3%. Construction weights some 15.7%, and agriculture, 5.4%. For the whole 2013, net investments in the economy were down 9.3% year-on-year. This came after a year of investment growth – 12.3% up in 2012, on 2011. editor@romania-insider.com