Net investment in Romania down 5.9 pct in first nine months

“Finalized investments in new construction activities, in the period 1.I – 30.IX.2014, totaled RON 19724 million, representing 46.2 percent of total compared to 47.5 percent in the period 1.I.2013-30.IX.2013. Investments in equipment and transport totaled RON 18034.8 million, representing 42.3 percent of total, compared to 43.9 percent in period 1.I-30.IX.2014″, according to INS.

In the third quarter, compared to the Q3 2013, net investments went up 0.1 percent to RON 17.634 billion, on a 24.5 percent hike in expenses and equipment. For new construction work, INS posted a 7.4 percent drop.

BNR data shows that foreign direct investments went up 1.4 percent in the first nine months of the year, to EUR 1.51 billion. (source: business-review.eu)