23.5 C
Herceg Novi
Monday, May 27, 2024
spot_img
Supported byspot_img
spot_img
NewsJanuary witnesses surge in foreign direct investments in Montenegro

January witnesses surge in foreign direct investments in Montenegro

In January, the Central Bank of Montenegro (CBCG) recorded a total inflow of foreign direct investments (FDI) amounting to 85.97 million euros, with 27.24 million euros leaving the country during the same period, according to preliminary data.

The net inflow of FDI, which represents the difference between inflow and outflow, reached 58.73 million euros in January, marking a significant increase of 408.7 percent compared to the same period last year. This surge is attributed to heightened investments in domestic companies and banks, as well as investments in intercompany debt, as reported by Mina.

Outflows of 7.4 million euros were recorded due to investments made by residents abroad, while non-residents withdrew 19.84 million euros invested in Montenegro.

Supported byElevatePR Digital

Equity investments accounted for a significant portion of the FDI inflow, totaling 52.46 million euros, representing 61.02 percent of the total. Within this category, 29.4 million euros were invested in real estate, while 23.06 million euros went into companies and banks. Additionally, the inflow of FDI in the form of intercompany debt reached 31.89 million euros, marking a notable increase of 135.52 percent compared to the same period last year.

Supported by

RELATED ARTICLES

Supported byElevatePR DIgital
Supported by
Supported by
Supported by
error: Content is protected !!