FDI falls by 35 percent in Q1
Foreign direct investments (FDI) totalled EUR 322 million in the first four months of 2013, down nearly 35 percent on the same period of last year July 2013 - From the Print Edition
... when they reached EUR 494 million, announced the National Bank of Romania (BNR) in mid-June, quoted by Mediafax. Intercompany loans totalled EUR 191 million in the period, while capital participations recorded an estimated net loss of EUR 131 million, according to BNR officials. April registered the highest level of inflow of foreign capital attracted by Romania since the beginning of the year, at EUR 111 million. This was 2.3 times as much as in March, when FDI was only EUR 48 million (the lowest sum this year). Investments totalled EUR 60 million in February and EUR 103 million in January. In April 2012, foreign direct investments amounted to EUR 21 million. Last year, FDI in Romania declined for the fourth consecutive year, marking an 11 percent decrease on 2011, to reach EUR 1.6 billion.
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