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Bulgaria: FDI Increased by € 40.3m

Published: April 18, 2013; 12:53 · (Vindobona)

Largest investments from Greece (€ 9.4m). Austria ranks 4th (€ 6.1m) in investors.

Bulgaria: FDI Increased by € 40.3m / Picture: © Flickr

According to preliminary data, the Foreign direct investment in Bulgaria for January - February 2013 increased by EUR 40.3 million (0.1% of GDP), compared to an increase of EUR 524.3 million (1.3% of GDP) for January - February 2012.

The attracted Equity Capital (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) for January - February 2013 amounted to EUR 50.1. It decreased by EUR 77 million compared to that attracted in the same period of 2012 (EUR 127.1 million). The receipts from real estate investments of non-residents amounted to EUR 14.7 million, compared to EUR 33.5 million attracted in January - February 2012.

The other capital, net (the change in the net liabilities of the direct investment enterprise to the direct investor on financial loans, suppliers’ credits and debt securities) was negative, amounting to EUR -22.5 million in January - February 2013, compared to a positive other capital, net of EUR 380.2 million in January - February 2012.

Based on preliminary data on profit/loss, the Reinvested Earnings (the share of non-residents in the undistributed earnings/ loss of the enterprise) in January 2013 were estimated at EUR 12.8 million, against EUR 16.9 million in the same period of 2012. By country, the largest direct investments in Bulgaria in January - February 2013 were those of Greece (EUR 9.4 million), Luxembourg (EUR 7.9 million), Russia (EUR 6.7 million) and Austria (EUR 6.1 million).

According to preliminary data in January - February 2013 Direct investment abroad increased by EUR 6.8 million, compared to an increase of EUR 23.8 million in January - February 2012.