Skip to main content

BULGARIA: Foreign direct investment grew by EUR 45 million in February 2017

posted onApril 20, 2017

Foreign direct investment (FDI) in Bulgaria amounted to EUR 102.4 million (0.2% of GDP ) in the first two months of 2017, dropping by EUR 59.3 million (36.7%) from January – February 2016 (EUR 161.7 million, 0.3% of GDP), according to preliminary data from the Bulgarian National Bank (BNB).

Equity (acquisition/disposal of shares and equities in cash and contributions in kind by non-residents in/from the capital and reserves of Bulgarian enterprises, and receipts/payments from/for real estate deals in the country) amounted to EUR 2.6 million in January – February 2017, growing by EUR 73.8 million from a negative value of EUR 71.2 million in the same period last year.

Real estate investments of non-residents totalled EUR 0.9 million, compared with EUR 4.7 million attracted in January – February 2016. The largest inflow of real estate investment was from Russia (EUR 0.4 million, 44.6% of the total amount for January – February 2017), Kazakhstan (EUR 0.2 million, 23.8% of the total amount), and Austria (EUR 0.2 million, 22% of the total amount).

The largest net direct investment inflow in Bulgaria for January – February 2017 was from the Netherlands (EUR 35.1 million, 34.3% of the total amount for the period), Malta (EUR 16 million, 15.7%), and Germany (EUR 11.5 million, 11.3%).

Foreign direct investment in Bulgaria grew by EUR 45 million in February 2017, compared with an increase of EUR 133.6 million in February 2016 BNB said.

line black 1300
line black 1300