spot_img
Saturday, April 13, 2024
Partnered withspot_img

The total inflow of foreign direct investments in the last year amounted to EUR 1.04 billion

Supported byOwner's Engineer banner

The total inflow of foreign direct investments in the period from January to November last year amounted to EUR 1.04 billion, according to preliminary data from the Central Bank of Montenegro. That is 36.69% more compared to the comparable period last year, which, as they stated, is the result of the growth of proprietary investments.

Data published in the CBCG Bulletin show that the net inflow of foreign direct investments amounted to EUR 733.80 million, which is 61.01% more compared to the same period in 2021. In the form of equity investments, an inflow of EUR 612.27 million was realized, which accounts for 51.28% of the total realized inflow.

Supported by

Investments in companies and banks amounted to EUR 201.90 million and recorded a growth of 26.99%, while investments in real estate amounted to EUR 410.37 million, which is 67% more than last year – the Bulletin states.

The Inflow of FDI in the form of intercompany debt amounted to EUR 359.61 million or 34.43% of the total inflow, which is 34.39% more than in the comparative period of the previous year.

Supported by

If we look by country, the largest number of investments came from Serbia, in the amount of EUR 124.23 million. In second place is Russia with just over 116 million, and in third place is Germany with investments worth EUR 95.4 million. As we can see, the largest investment was in real estate – EUR 410.37 million. In this segment, investors from Germany once again led the way, investing EUR 66.3 million in real estate. Russians bought real estate in Montenegro with a value of EUR 55.16 million, while Serbia is in third place with an investment of EUR 47.36 million.

– The total outflow of FDI in the period from January to November 2022 amounted to EUR 310.73 million and is approximately at the same level as during the comparative period – they state.

Outflow based on investments by residents abroad amounted to EUR 106.18 million, while withdrawals of funds by non-residents invested in our country amounted to EUR 204.55 million.

Sign up for business news updates & special reports.

Supported byElevatePR Digital

Related posts

error: Content is protected !!