FDI in Romania rises 10 per cent after ten months in 2018
Non-residents' direct investment in Romania (net FDI) totaled 4.56 billion Euro in January-October 2018, around 10 per cent more compared to the same period of 2017, Romania's National Bank (BNR) announced. 2018-12-17 11:24:23
The FDI-to-GDP ratio thus reached 2.3 per cent and the foreign direct investments have covered a significant part of the current account deficit reported at four per cent of GDP for the same period.
Equity investments, including estimated net reinvestment of earnings, amounted to 3.59 billion Euro - virtually unchanged from the same period last year, while intercompany lending (loans contracted by local subsidiaries from parent groups abroad) surged by 74 per cent compared to last year and recorded a net value of EUR 972 million.
The FDI stock held by non-residents in Romania increased to 73.3 billion Euro at the end of September after having advanced by 6.6 billion Euro over the previous 12 months.
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