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March 5, 2021
BUSINESS

Romania withdrew investment worth EUR 200 mln from EU markets

Romania withdrew, in 2008, investment worth EUR 200 mln. from markets within the European Union (EU) and was one of the two member states – together with Luxembourg – that had a negative value of the investment in the European area, according to data released yesterday by Eurostat, Mediafax reports. Eurostat data show that foreign direct investment (FDI) to Romania last year topped EUR 8.8 bln, of which EUR 8.1 bln. were committed by investors within the EU and the remaining EUR 800 mln. came from outside the European area.

Luxembourg had a negative result of the FDI flow into the EU, amounting to EUR 11.7 bln. Romania and Luxembourg are listed with negative values of the FDI on EU markets. The negative indicator represents the decline of committed capital, i.e. investment withdrawals.

With respect to investment outside the EU, especially with the main EU trading partners, Romania is included, together with Slovakia and Lithuania, in a category of member states with volumes ranging from zero to EUR 50 mln.

In total, EU member states committed in 2008 investments worth a total EUR 34.2 bln. inside the Union and EUR 354.4 bln. outside the block. The most ‘generous’ were France (EUR 92.2 bln. inside the EU and EUR 58 bln. outside) and Germany (EUR 71.1 bln. inside the EU and EUR 35.7 bln. outside)

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