Vosganian: „Foreign investments in Romania, a 2.5-fold surge in past three years”
“Overall investments in economy doubled their annual average growth pace, from less than 10% over 2001-2004 to some 20% over 2005-2008”, said Vosganian.In the first half of 2008, direct foreign investments totalled 4.8 billion euros and, according to Vosganian’s statement, year 2008 will represent an absolute record in this field.
The National Statistics Institute (INS) recently estimated that the direct foreign investments volume will exceed 10 billion euros in 2008, which would represent a record for the Romanian economy.
Capital participations accounted for 33.3% of the total and reinvested profits – 27%, the remainder of 39.7% being represented by other types of capital.
Direct investments made by Romanian residents abroad over the examined period stood at 87 million euros.