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Net investment in Romania edges up 0.7% y/y in Jan-Sep

Dec 10, 2020, 12:00:00 AMArticle by Nicoleta Banila
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December 10 (SeeNews) - Net investment in Romania's economy edged up 0.7% on the year in the first nine months of 2020, reaching 68.8 billion lei ($17 billion/14 billion euro), the country's statistical office said on Thursday.

Net investment in Romania edges up 0.7% y/y in Jan-Sep
Romania investments

Net investment in machinery and equipment, including vehicles, fell 3% year-on-year in the first nine months, while net investment in new construction jumped by 6.4%.

Combined investments in other sectors fell by an annual 13.8% on the year during January-September, the statistical office said.

Investment in Romania's economy, breakdown by sector (in billions of lei, y/y pct change in brackets)

Jan-Sep '20
Total 68.88 (+0.7%)
- New construction works 38,49 (+6.4%)
- Equipment (including vehicles) 23.61 (-3.0%)
- Other 6.77 (-13.8%)

Net investment in Romania's economy increased 17.9% on the year in 2019, reaching 104 billion lei.

(1 euro=4.8680 lei)

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