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FDI into Romania falls 13% in Jan-May

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Foreign direct investments (FDI) into Romania fell 13% on the year to 1.444 billion euro ($1.64 billion) at the end of May, the central bank, BNR, said on Friday, seenews.com .

Revised data from BNR showed that FDI reached 1.653 billion euro during the January-May period of 2016.

During the first five months of 2017, equity investment amounted to 1.850 billion euro and inter-company lending recorded a net negative value of 406 million euro, the BNR said in a statement citing provisional data.

FDI into Romania increased 18% last year, reaching 4.08 billion euro - its highest value since 2008, when it totalled 9.5 billion euro. In 2009, FDI fell sharply to 3.49 billion euro due to the global economic crisis that affected the Romanian economy.

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