Monday, January 20, 2014

Foreign Investment in Romania Peaks in 2014

Foreign direct investment totaled almost 2.4 billion in the first 11 months of last year , up 22.3% from the same period in 2012, which marks a peak level of the last four years , according to data of the National Bank of Romania (BNR ) .

 Consolidated equity estimated net loss amounted to 1.347 billion euros and intercompany loans of 1.041 billion euros, according to the central bank announced Friday .

In November , Romania has attracted the highest level of investment in the first 11 months of last year , that is 578 million euros, 85 % more than in the previous month .

In September (379 million) , October ( euro 313 million ) and November were recorded the largest foreign investment in 2013. Lows were recorded in March (48 million) and in May (92 million).

The highest FDI was recorded in 2008-9496000000 euros. Between 2003 and 2006 Romania recorded every year increases in foreign investment , which reached 5.183 billion euros in 2004 , 5.213 billion euros in 2005 and 9.056 billion euros in 2006. In 2007 there was a reduction of foreign capital invested in Romania , to 7.25 billion, followed by an increase to a record in 2008.

Starting next year , the indicator has deteriorated sharply decreasing investments to 3.48 billion euros in 2009 and 2.2 billion in 2010.

In 2012 , net FDI increased for the first time since the crisis began , the advance being 18.7 % to 2.138 billion euros, according to final data released by the central bank and the INS , while initial estimates showed a decrease of 11 % compared to 2011 .

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