Foreign Investments in Bulgaria Grow by EUR 58.3M in Jan 2014
Foreign direct investment for January 2014 increased by EUR 58.3M, compared to an increase of EUR 70.8M for January 2013, according to Bulgaria’s National Bank preliminary data.
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 32.8M in January 2014, compared to a negative other capital, net of EUR 105.8M in January 2013, the BNB reports.
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 2014 were estimated at EUR 12.3M, against EUR 13.5M in the same period of 2013.
By country, the largest direct investments in Bulgaria in January 2014 were those from British Virgin Islands (EUR 19.8M) and from the Netherlands (EUR 18.4M).The largest net negative flows for the period were towards France (EUR -9.5M).
According to preliminary data in January 2014 Direct investment abroad increased by EUR 12.3M, compared to an increase of EUR 17.1M in January 2013.