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NewsMontenegro, The total inflow of foreign direct investments achieved a slight drop

Montenegro, The total inflow of foreign direct investments achieved a slight drop

The total inflow of foreign direct investments amounted to EUR 43.79 million, which is a drop of 38.09% compared to the same period last year, preliminary data from the Central Bank of Montenegro (CBCG) show. This result is the result of a decrease in equity investment, as well as a decrease in investment based on intercompany debt.

As stated in the Bulletin of the Central Bank, the net inflow of foreign direct investments amounted to EUR 11.54 million, which is 77.09% less than in January last year.

In the form of equity investments, an inflow of EUR 28.57 million was realized, which accounts for 65.24% of the total realized inflow. In the structure of proprietary investments, investments in companies and banks amounted to EUR 4.19 million, which is a drop of 55.18%. Investments in real estate amounted to EUR 24.38 million and in this segment a growth of 17.06% was achieved – it is stated in the Bulletin.

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According to the data, Russians invested the most in real estate – EUR 3.77 million. They are followed by the citizens of Turkey who invested 3.65 million, while the citizens of Serbia invested 2.63 million EUR in this segment.

Germans bought real estate worth EUR 2.5 million, while the Czechs are in fifth place with EUR 2.16 million. The inflow of FDI in the form of intercompany debt amounted to EUR 13.54 million or 30.92% of the total inflow, which is 53.99% less than in the same period of the previous year.

The total outflow of FDI in January was EUR 32.25 million, which is 58.45% more than in January of the previous year. Outflow based on investments of residents abroad amounted to EUR 2.23 million, while withdrawals of non-residents invested in our country amounted to EUR 30.02 million – concludes the Central Bank.

 

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