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Romania attracts more foreign direct investment

Staff Writer | January 16, 2018
Foreign direct investment (FDI) in Romania advanced by almost 20 percent to 4.377 billion euros ($5.372 billion) in the first 11 months of 2017.
National Bank of Romania
Europe   The National Bank of Romania said:
According to a statement by the National Bank of Romania (BNR), the figure exceeded the total amount of the last year when the FDI achieved a record level of 4.08 billion euros.

Among the total FDI, the equity investments, including the reinvested profits, totaled 3.502 billion euros at the end of November while the inter-company loans generated net outflows worth 875 million euros.

The number of newly-set up companies running on foreign capital increased by 9.8 percent year on year in the first 11 months of 2017, reaching 5,392 companies with a paid-up capital of more than $38.19 million, up 9.5 percent year to year, official data revealed.

As of the end of November, the total number of such companies was 215,206, with a total equity capital of over $60.2 billion.

The Netherlands holds the leading position with $12.2 billion and 5,101 companies, followed by Austria with $7.1 billion and 7,376 companies and Germany with $6.58 billion and 22,064 companies.