Foreign Direct Investments in Bulgaria at EUR 1.39 B in Jan-Nov 2012
Foreign direct investment in Bulgaria in the period January - November 2012 amounted to EUR 1399.4 million (3.5% of GDP), compared to EUR 1215.8 million (3.2% of GDP) for January - November 2011, according to preliminary data of the Bulgarian National Bank (BNB).
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) for January - November 2012 amounted to EUR 833.5 million, including EUR 28.2 million from privatisation deals.
It decreased by EUR 121.7 million compared to that attracted in the same period of 2011 (EUR 832.6 million).
Receipts from real estate investments of non-residents amounted to EUR 214.2 million, compared to EUR 224.2 million attracted in January - November 2011.
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 477.3 million in January -November 2011, compared to a positive other capital, net of EUR 135.6 million in January - November 2011.
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 - November 2012 were estimated at EUR 88.7 million, against EUR 125 million in the same period of 2011.
By country, the largest direct investments in Bulgaria for the period January - November 2012 were those of the Netherlands (EUR 633.9 million) and Luxembourg (EUR 374.7 million). The largest net negative flows for the period were towards Austria (EUR -165.8 million) and towards Germany (EUR -136.1 million).
According to preliminary data, in January - November 2012 Direct investment abroad increased by EUR 162.1 million, compared to an increase of EUR 172.6 million in January - November 2011.
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