Foreign direct investments dropped by 25.5% in the first 11 months of 2010 

Foreign Direct Investments ncreased in the first 11 months of 2010 to 2.26 billion euro, a 25.5% drop compared to the similar period in 2009 of 3.04 billion euro, Romania’s National Central Bank data reads. Direct investments of non residents in Romania financed by 43.9% the current account deficit in January – November 2010 which increased to 5.17 billion euro.

Of the total foreign direct investments, most were participations to capital, amounting to 1.41 billion euro. Intra-group credits, credits between a foreign investor and a resident company were 850 million euro. In 2009 the value of foreign direct investment reached 4.89 billion euro, half the one registered in 2008.