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Net investment in Romania up 18.6% y/y in Jan-Sep

Dec 10, 2019, 11:48:25 AMArticle by Nicoleta Banila
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December 10 (SeeNews) - Net investment in Romania's economy increased 18.6% on the year in the first nine months of 2019, reaching 67.1 billion lei ($15.5 billion/14 billion euro), the country's statistical office said on Tuesday.

Net investment in Romania up 18.6% y/y in Jan-Sep
Romania investments

Net investment in machinery and equipment, including vehicles, rose by 4.8% year-on-year in the first nine months of the year, while net investment in new construction jumped by 34%.

Combined investments in other sectors rose by an annual 6.9% on the year during January-September, the statistical office said.

In the third quarter alone, net investment in Romania's economy jumped by an annual 26.8% to 26.84 billion lei.

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

Jan-Sep 2019
Total 67.1 (+18.6)
- New construction works 35.5 (+34.0)
- Equipment (including vehicles) 23.9 (+4.8)
- Other 7.58 (+6.9)

(1 euro=4.7777 lei)

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