World Economy

Romania FDI Drops

Romania FDI DropsRomania FDI Drops

Foreign direct investment in Romania has dropped 23.8% during the first four months of the year over the same period of 2015, according to a report by the National Bank of Romania, Business Review reported. Thus, non-residents’ direct investment in Romania totaled €887 million, of which equity amounted to €1.4 billion and inter-company lending recorded a negative net value of €545 million. In April alone FDI was €112 million. During the same period of last year FDI reached €1.16 billion, of the capital contributions of local companies with estimated net profits of €199 million, to which net lending by the parent companies totaling €965 million were added.