Non-residents’ direct investment in Romania January – August 2013 totaled EUR 1,118 M (down 35.9 per cent from January – August 20123), of which intragroup loans amounted to EUR 339 M and equity stakes consolidated with the estimated net loss to EUR 779 M, according to data released on Friday by the National Bank of Romania (BNR). According to data released on Monday by BNR, the foreign direct investment (FDI) flow in Romania reached EUR 2,138 M, of which EUR 795 M worth of equity stakes (37.2 per cent) and EUR 1,343 M worth of net credit from foreign investors (62.8 per cent), by the National Bank of Romania (BNR).
The FDI stock as of December 31, 2012 amounted to EUR 59,126 M, of which EUR 39,266 M worth of equity stakes, including reinvested earnings (66.4 per cent) and EUR 19,860 M worth of net credit from foreign investors (33.6 per cent). By economic activity, the bulk of FDI went to manufacturing (31.3 per cent of total), out of which the largest recipients were: oil processing, chemicals, rubber and plastic products (6.7 per cent of total), transport means (5.4 per cent), metallurgy (4.9 per cent), food, beverages and tobacco (3.7 per cent) and cement, glassware, ceramics (2.8 per cent), Agerpres reports.
Apart from industry, activities that also attracted significant FDI were financial intermediation and insurance (18.5 per cent of total FDI stock), trade (11.4 per cent), construction and real estate transactions (9.2 per cent), and information technology and communications (4.8 per cent).