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Foreign Investments Stood at €699mn in Jan '06
The value of foreign direct investments (FDI) in January grew by 199 percent as against the same period last year, reaching 699 million euros, showed figures released by the National Bank of Romania (BNR), ACT Media news agency reports.

According to the Romanian Agency for Foreign Investments, the most important component of foreign direct investments were the loans extended by foreign companies to affiliated structures in Romania worth as many as 384 million euros in January 2006, accounting for 55 percent of the total of investments.

The re-invested profit of foreign companies totaled 178 million euros, namely 25 percent of the overall volume, whereas participations to capital stood at 137 million euros, namely 20 percent of the total.

For this year, the Romanian authorities estimate a level of foreign direct investments of 5.8-6.2 billion euros.

For 2005, the provisional figures of BNR point to foreign direct investments worth 5.2 billion euros, but the experts of the Romanian Agency for Foreign Investments said the revised level will exceed 6 billion euros.

source

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