Bulgaria's FDI in Jan-Nov 2013 at EUR 1.226 M

Business » FINANCE | January 17, 2014, Friday // 17:11
Bulgaria: Bulgaria's FDI in Jan-Nov 2013 at EUR 1.226 M Тhe Bulgarian National Bank HQ, photo by BGNES

Foreign direct investment in Bulgaria in the period January-November 2013 amounted to EUR 1,226 M, or 3% of the GDP, according to preliminary data of the Bulgarian National Bank.

In the period January-November 2012, FDI stood at EUR 1732.4 M.

In November 2013, foreign direct investment in Bulgaria amounted to EUR 178.2 M, compared to EUR 114.8 M in November 2012.

In the period January - November 2013, the attracted Equity Capital (acquisition/disposal of shares and equities in cash and contributions in kind by non-residents in/from the capital and reserves of Bulgarian enterprises and receipts/payments from/for real estate deals in the country) amounted to EUR 758.1 M, down by EUR 140.2 M compared to the amount attracted in the same period of 2012 (EUR 898.3 M).

The receipts from real estate investments of non-residents amounted to EUR 130.6 M, compared to a total of EUR 215.9 M in the period January - November 2012.

The other capital, net (the change in the net liabilities of the direct investment enterprise to the direct investor on financial loans, suppliers' credits and debt securities) was positive, amounting to EUR 350.3 M in January - November 2013, compared to a positive other capital, net of EUR 703.2 M in January - November 2012.

Based on preliminary data on profit/loss, the Reinvested Earnings (the share of non-residents in the

undistributed earnings/ loss of the enterprise) in January 2013 were estimated at EUR 118.1 M, against EUR 130.9 M in the same period of 2012.

By country, the largest direct investments in Bulgaria in January - November 2013 were those of the Netherlands (EUR 651.1 M) and Germany (EUR 195.9 M). The largest net negative flows for the period were towards the UK (EUR -97.7 M).

According to preliminary data of BNB, in January - November 2013, Direct investment abroad increased by EUR 98.3 M, compared to an increase of EUR 267.5 M in January - November 2012.

In November 2013, Direct investment abroad increased by EUR 4.4 M, compared to an increase of EUR 101.3 M in November 2012.

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Tags: Bulgarian National Bank, foreign direct investment, FDI

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