Get real time updates directly on you device, subscribe now.
The direct investments by non-residents in Romania decreased to 5.06 billion euros in the first nine months of this year, from 8.671 billion euros in the January-September 2022 period, according to data from the National Bank of Romania.
Non-residents’ direct investment in Romania totalled EUR 5,060 million (compared with EUR 8,671 million in January – September 2022), of which equity (including the estimated net reinvestment of earnings) and intercompany lending recorded net values of EUR 5,836 million and EUR -776 million, respectively, BNR said.
The number of newly established companies with foreign capital in Romania decreased by 5.1% in the first nine months of 2023 compared to the same period in 2022, reaching 5,242 units, according to data compiled by the National Trade Register Office (ONRC).
These 5,242 new companies had a subscribed capital totaling $116.083 million, nearly four times higher than the subscribed capital of companies registered from January to September 2022, which amounted to $31.027 million.
The central bank also informed today that during January – September 2023, the balance-of-payments current account posted a deficit of EUR 16,051 million, compared with EUR 21,147 million in the same year-ago period. The breakdown shows that the deficit on trade in goods declined by EUR 3,223 million, the surplus on services expanded by EUR 1,577 million, the primary income deficit decreased by EUR 258 million, while the secondary income surplus grew by EUR 38 million.
At the same time, in January – September 2023, total external debt increased by EUR 17,376 million, of which:
- long-term external debt at end-September 2023 ran at EUR 116,128 million (72 percent of total external debt), up 17.7 percent against end-2022;
- short-term external debt at end-September 2023 amounted to EUR 45,134 million (28 percent of total external debt), down 0.3 percent from end-2022.
- Advertisement -