23% less foreign investments
The foreign investments as a contribution to the capital of companies registered in Romania totaled nearly 1.3 billion Euros in the first four months of the year, 23% less than in the same period of last year.The parent companies have invested less and less in the subsidiaries in Romania this year, if we take into account the fact that the values reported by the National Trade Register reduced from month to month. In April, the money for the companies with foreign capital reached 137 million euros, more than 43% less than in March, when it reached 242 millions.
Compared with February and January, when the investments reached 446 million euros and 417 millions, the decrease is more significant. Compared with the same period of last year, the flow of capital in April 2009 is over three times lower. In the first four months of 2008, the investments totaled 1.7 billions.
The areas that have attracted funds in April include retail, telecommunications, harbor activities, financial services and banking, and real estate development. Thus, the largest contribution was made in April for the Mega Image supermarket chain, 17 million euros, followed by the STX Ro Offshore Braila shipyard (the former Aker Braila), with 17 million euros.
Also, Swisscom has invested in Air bites, the company held in Romania, 15.23 million euros, and the Belgians from Bel Rom have added 14.3 millions and, respectively, 11.7 millions to two companies on the Romanian market.
In the first four months, the machinery and automotive components industry remained in the foreign capital pole position with investments of more than 335 million euros, while the banks received about 150 million euros, while the insurance and private pensions companies are next with almost 140 million euros.