Foreign direct investments amounted to a negative net value of 551 million euros in the first three months (Q1), compared to 1.235 billion euros in the similar period of 2019, according to data from the National Bank of Romania.

“The direct investments of non-residents in Romania amounted to a negative net value of 551 million euros (compared to a positive net value of 1.235 billion euros in January-March 2019), of which equity investments (including estimated net reinvested profit) amounted to 248 million euros, and the intra-group loans registered a negative net value of 799 million euros,” says the release, according to Agerpres.

The number of newly established foreign capital companies decreased in the first three months of this year by 19.7%, compared to the similar period of 2019, to 1,201 units, according to data centralized by the National Office of the Trade Register (ONRC).

The 1,201 new companies had a subscribed share capital in the total amount of 2.015 million dollars, decreasing by 48.9% compared to January-March 2019.