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Oct 03, 2007 14:45 EEST
October 3 (SeeNews) - Investments in fixed assets in Moldova's breakaway region of Transdniestria rose by a real 15.5% on the year in the first half of 2007, the region's central bank said on Wednesday.
The total size of investments, calculated at current prices, were $39.4 million (27.8 million euro) in the first half, the bank said in a statement.
Transdniestrian companies used own funds to finance 92.8% of the investments, it added. Some 86% of the investments were channelled into the upgrade of production facilities.
Transdniestria is located on the left bank of the Dniestr river in eastern Moldova, where most of the country's Russian-speaking population lives. The region, which broke away from Moldova in 1990, demands full independence.
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