Net investment in Romania up 4.5% in Jan-Sept

BUCHAREST (Romania), December 9 (SeeNews) - Net investment in Romania’s economy grew by 4.5% on the year in the first nine months of 2022, reaching 96.4 billion lei ($20.6 billion/19.6 billion euro), the country’s statistical office said on Friday.

Net investment in machinery and equipment, including vehicles, increased by 4.9% year-on-year in the first nine months of 2022, while net investments in new construction jumped by 5.5%.

Combined investments in all other sectors fell by an annual 8.2% in January-September, the statistical office said.

In the third quarter of 2022, net investment in Romania’s economy recorded a 13.3% jump compared to the same quarter of the previous year.

Investment in Romania’s economy, breakdown by sector (in billions of lei, y/y pct change in brackets)

- Equipment (including vehicles)...29.8 (4.9%)

• - Other
• 7 (-8.2%)

Source: INS

Net investment in Romania’s economy rose by 2.1% on the year in 2021, reaching 120.1 billion lei.

(1 euro=4.9192 lei)