As of the end of September, Montenegro saw a total inflow of foreign direct investment (FDI) amounting to 657.67 million EUR, a 5.46% increase compared to the same period last year.
Preliminary data from the Central Bank of Montenegro (CBCG) indicates that the net FDI inflow stood at 372.57 million EUR, reflecting an 18.76% rise from the previous year.
Of the total investment inflow, 63.9% (420.28 million EUR) came in the form of equity investments. Within this category, investments in companies and banks reached 100.05 million EUR, a 44.02% increase, while real estate investments totaled 320.23 million EUR, a 4.46% decrease.
FDI in the form of intercompany debt amounted to 216.39 million EUR (32.9% of the total), representing a 14.25% increase compared to the same period last year. The remaining 3.2% came from other investments.
In terms of countries, Serbia led the way with investments of 92.25 million EUR, of which 51.45 million EUR were directed towards real estate. Russia followed with over 80 million EUR in investments, with 26.86 million EUR invested in real estate. Turkey invested 75.87 million EUR, with more than 45 million EUR allocated to real estate.
Other notable investors included Germany (57.2 million EUR), Switzerland (41.74 million EUR), and the United States (around 38 million EUR).
In the same period, foreign direct investment outflows totaled 285.1 million EUR, an 8% decrease compared to the previous year. Outflows from resident investments abroad amounted to 70.99 million EUR, while withdrawals by non-residents from investments in Montenegro totaled 214.11 million EUR.
