FDI fell by 11.1 percent between January and November last year

After 11 months in 2014, the level of foreign direct investment (FDI) in Romania is still below the volume recorded in the previous year, though the decline slowed downed following inflows of 531 million euro in November, according to a release of Romania’s Central Bank, BNR.

Hence, the volume of direct investment of non-residents in Romania totaled about 2.12 billion euro, down by 11.1 percent compared to the same period in 2013, when the FDI amounted to some 2.39 billion euro.

Of the total amount, equity stakes (including estimated net loss) amounted to 2.364 billion euro, while intra-group lending posted net payments of 242million euro. Also, between January 1 and November 30, 2014, the balance-of-payment current account posted a deficit of 302 million euro, nearly 500 million euro less than in 2013, amid the widening of the services surplus, by 920 million euro, and the narrowing of the goods deficit, by EUR 143 million.

In 2013 FDI totaled some 2.7 billion euro, a four-year high driven by exports which had been on an upward trend in the last months of the year. In spite of the strong results in November 2014, the poor evolution recorded in the first half of the past year will probably keep the FDI volume below the 2013 level.