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FDI into Romania falls 17% y/y in Jan-July

FDI into Romania falls 17% y/y in Jan-July Romania investments

BUCHAREST (Romania), September 13 (SeeNews) - Foreign direct investment (FDI) into Romania fell 17% on the year to an estimated 2.369 billion euro ($2.832 billion) in the first seven months of 2017, the central bank, BNR, said on Wednesday.

Revised BNR figures show that FDI had reached 2.862 billion euro during the January-July period of 2016.

During the first seven months of 2017, equity investment amounted to 2.436 billion euro and inter-company lending recorded a net negative value of 67 million euro, the BNR said in a statement, citing provisional data.

FDI into Romania increased 18% last year, reaching 4.08 billion euro - its highest value since 2008, when it totalled 9.5 billion euro. In 2009, FDI slumped to 3.49 billion euro due to the global economic crisis.

($=  0.8363 euro)

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