21.7 C
September 25, 2022

Processing industry attracts one third of FDI

The biggest FDI that entered Romania by the end of 2011 went into the processing industry in a share of 31.5 per cent out of a total of EUR 55.13 bn. The second most important sector attracting FDI was financial brokerage and insurance – 18.2 per cent and the third was trade – 11.4 per cent.  The processing industry attracted total FDI worth EUR 17.37 bn, financial brokerage activities and insurance – EUR 10 bn and trade – EUR 6.28 bn, according to National Bank (BNR) data. Those industries were followed by construction and real estate transactions –  10.7 per cent, EUR 5.89 bn, and IT &C – 5.4 per cent, EUR 2.96 bn. The final balance of foreign direct investment at the end of last year was EUR 55.139 bn, EUR 37 bn (67 per cent ) representing equity participations, including reinvested profits and EUR 18.138 bn coming from loans received from foreign investors.  In 2011, the net flow of foreign investment was EUR 1.81 bn, 83.3 per cent being equity participations and the rest credit received from foreign investors.  According to the territorial localisation of registered offices of companies receiving FDI, the investment was mainly directed to the Bucharest-Ilfov region (61.7 per cent, EUR 34 bn).

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