The net flow of foreign direct investments (FDI) in 2023 decreased to 6.75 billion euros, from 10 billion euros in the previous year, according to data published by the National Bank of Romania (BNR).
“The net flow of FDI in 2023 recorded the value of 6,748 million euros, of which: 6,996 million euros – equity participations (level resulting from adding up the contribution to the equity capital of FDI enterprises, in the amount of 2,070 million euros, with the reinvested profit in FDI enterprises in the amount of 4,927 million euros); – 248 million euros – debt instruments in the relationship with direct foreign investors and companies within their group, determined by the difference between debts (1,096 million euros) and receivables (1,344 million euros) )”, says a statement from the central bank quoted by Agerpres.
FDI revenues achieved by non-residents, during 2023, recorded the value of 11.865 billion euros, of which revenues from capital participations, amounting to 10.764 billion euros (determined as the difference between the after-tax profits attributable to foreign investors, in the amount of 14.354 billion euros from the total profits obtained by FDI enterprises, and the losses attributable to them, in the amount of 3.590 billion euros, from the total losses recorded by FDI enterprises in the year 2023), states the quoted source.
At the same time, net interest income recorded a level of 1.101 billion euros, calculated as the difference between the interest received by direct foreign investors for loans granted to enterprises owned in Romania and the interest paid by them for loans received from these enterprises, both directly, as well as through other non-resident companies within the group.
The FDI balance on December 31, 2023 reached the level of 118.231 billion euros, of which 84.76 billion euros – equity, including reinvested profit (71.7% of the total FDI balance) and 33.47 billion euros – debt instruments in the relationship with direct foreign investors and companies within their group (28.3%).
The BNR, in collaboration with the National Institute of Statistics (INS), carried out the annual statistical survey for the determination of foreign direct investments (FDI), the main source of data for the development of FDI statistics.
The main objective was to determine the net flow of FDI during the year 2023 in resident companies with direct foreign investment, the income obtained by non-residents from these investments, as well as the balance of FDI in Romania on December 31, 2023, states the BNR.