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FDI into Serbia rises 43% y/y in Jan-July – PM

Author Radomir Ralev
FDI into Serbia rises 43% y/y in Jan-July – PM Ana Brnabic; Source: Serbian Government

BELGRADE (Serbia), September 17 (SeeNews) – The flow of foreign direct investment (FDI) into Serbia rose 43% on the year to 2.32 billion euro ($2.55 billion) in the first seven months of 2019, prime minister Ana Brnabic has said.

Serbia has attracted more FDI than the rest of the Balkan region since the beginning of the year as a result of the predictable business environment and the good communication with the government, Brnabic said in a statement on Monday.

Last month, the Financial Times reported that Serbia has taken over as leader in the global greenfield foreign direct investment (FDI) index compiled by fDi Intelligence, a data division of the London-based newspaper, followed by Montenegro at the second place.

In 2018, the net flow of FDI into Serbia rose to 3.2 billion euro from 2.415 billion euro in the previous year, according to central bank data. 

($ = 0.909285 euro)