FINANCIALINVESTMENTSNEWS

Investments in Romanian economy, increasing; up by 8.5 pc in Q1 of this year

By Anca Bernovici
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Net investments in national economy grew by 8.5 percent in the first quarter compared to the same period last year, to RON 11.93 billion, Romania’s Statistics Institute (INS) announced on Thursday in a press release.

By structure elements, new construction works increased by 16.2 percent, equipment (including transportation facilities) by 3.8 percent and other expenditure by 0.4 percent.

“ In Q1 2015 compared with Q1 2014, there has been an increase in the share of net investments in new construction works by 2.4 percent. The share of net investments in equipment (including transportation facilities) and other expenses decreased by 2.2 percent, 0.2 percent respectively. The branches that benefited from the higher volume of net investments are in industry, trade and services,” the release reads.

National Bank of Romania (BNR) data show that foreign direct investment in Q1 of this year amounted to EUR 885 million, up 55 percent compared to the same period last year.

 

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Anca Bernovici

Anca Bernovici

I started my way in life with the intention to pursue a teaching career. But, after graduating from the Faculty of Letters – the University of Bucharest in 2004, my first job as a reporter at one of the leading newspapers in Romania changed my perspective. I have specialized in communication and communication campaigns, following the Master's courses at the Faculty of Journalism and Communication Studies (FJSC), attending a BBC Communications scholarship.
I’ve represented several important publications in Romania as business journalist, being accredited in the finance and banking field. In 2015, I had the opportunity to interview the International Monetary Fund (IMF) Mission Chief for Romania, Andrea Schaechter. As business journalist, I also had the opportunity to interview ministers for Economics and Commercial
Affairs offices within different embassies in Romania or officials of large companies investing on the domestic market.
After almost 15 years of journalism, I still want to explore new ways, to inform and stay updated. That’s why The Romania Journal project fits me so well.
Today I describe myself as a passionate about the history of world culture, having a PhD in Hebrew Culture and Civilization, after a scholarship at the University of Haifa International School, as a language addict, an environmental activist, pet lover and traveler.

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