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Net FDI in Romania falls 18.2% to 2.22 bln euro in 2011 - final figures

Sep 27, 2012, 1:14:47 PMArticle by Alexander Oleinic
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September 27 (SeeNews) - Net foreign direct investment (FDI) in Romania slid to 1.815 billion euro ($2.332 billion) last year from 2.22 billion euro in 2010, final central bank data showed on Thursday.

Net FDI in Romania falls 18.2% to 2.22 bln euro in 2011 - final figures

The central bank revised downwards the 2011 FDI figure from the 1.917 billion euro announced in February.

Net credit received from foreign investors accounted for 303 million euro, or 16.7% of last year's net FDI in Romania, while equity stakes accounted for the remainder, according to a survey conducted by Romania's central bank, BNR, and the statistics board, INS.

About 44% of the total FDI inflow last year was spent in the industrial sector while financial intermediation and insurance accounted for 18.2%. Trade had a share of 11.4%, the central bank said.

Construction and real estate and the telecommunications sector accounted for 10.7% and 5.4% of the total FDI inflow, respectively.

FDI stock in Romania as of 31 December 2011 totalled 55.139 billion euro. Dutch companies accounted for 21.7% of the FDI stock, Austrian companies had a 17.5% share and German companies ranked third with a 11.4% share.

($ = 0.7782 euro)

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