Modest FDI Increase Registered in Bulgaria in Sept Y/Y
Direct investments in Bulgaria for the January – September 2012 period amounted to EUR 971.8 M, compared to EUR 711.9 for the same period in 2011.
Despite the annual increase, September 2012 had been critical when it came to direct foreign investments with an exodus of EUR 167 M attributed to payments of debts to parent companies, the Bulgarian "Sega" (Now) daily writes.
EUR 88 M have been invested in real estate both for finished and planned properties. Reinvested profit in September was EUR 7 M and there weren't any revenues from privatization.
The largest foreign investments came from the Netherlands (EUR 611.3 M), Russia (139.9 M) and Switzerland (EUR101.1 M).
The largest decrease in direct foreign investments was registered for Germany (- EUR 249.2 M) and Greece (- EUR 67.8 M).
- » Foreign Direct Investment in Bulgaria Down 6.9% Y/Y in Jan-Feb 2015
- » Tsvetan Vasilev: Central Bank's Actions on KTB 'Prove Dependencies'
- » Bulgaria’s Finance Ministry Boasts about Success of Newly Issued Bonds on Secondary Market
- » Bulgaria’s Finance Minister: Differentiated VAT Rates Are Tough to Administer
- » SMEs in Northwestern Bulgaria to be Granted EU Funds with Priority
- » Tsvetan Vasilev to Take Bulgaria to Court over KTB