ECONOMY FINANCE&BANKING

FDI up 47pct to over 1 bln Euro January into February 2019

The Foreign Direct Investment (FDI) grew by 47pct (332 million Euro) January into February 2019, to 1.036 billion Euro, as compared to 704 million Euro in the similar period of 2018, according to data released by the National Bank of Romania (BNR) on Friday.

The capital participation (the net estimated reinvested profit included) amounted to 927 million Euro, and the intragroup loans recorded a net value worth 109 million Euro.

According to data released by the National Trade Register Office (ONRC), in January-February 2019 were registered 935 new companies with foreign capital, up by 2.6pct against the same period of 2018, and the nominal share value of these companies is worth 2.924 million USD.

At 28 February 2019, as many as 222,269 foreign capital companies were registered in Romania. The nominal share capital of these companies accounted for 48.459 billion Euro equivalent.

The Netherlands, Austria and Germany are the main countries of provenance of the foreign capital.

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