Total inflow of foreign direct investments EUR 932.15 million

Published on 15. December 2022., News

The total inflow of foreign direct investments (FDI) by the end of October this year amounted to EUR 932.15 million, which is 37.47% more compared to the same period last year, according to data from the Central Bank of Montenegro. This result, as they stated, is the result of growth in equity investment.

– According to preliminary data, the net inflow of foreign direct investments amounted to EUR 663.56 million, which is 66.54% more compared to the same period in 2021 – the Central Bank Bulletin states.

In the form of equity investments, an inflow of EUR 526.88 million was realized, which accounts for 56.52% of the total realized inflow.

– In the structure of proprietary investments, investments in companies and banks amounted to EUR 156.93 million, which is a growth of 17.35%, while investments in real estate increased by as much as 69.83% and amounted to EUR 369.95 million – according to the Central Bank .

Germans invested the most in real estate – EUR 56.75 million, followed by Russian citizens with EUR 49.96 million. Citizens of Serbia invested about EUR 42.41 million in the purchase of real estate, and significant investments also came from the United States of America – about EUR 32 million.

Russian citizens invested the most in domestic companies and banks, EUR 32.7 million.

The inflow of FDI in the form of intercompany debt amounted to EUR 337.20 million or 36.17% of the total inflow, which is 36.70% more than in the comparative period of the previous year.

The total outflow of FDI by the end of October amounted to EUR 268.59 million, which is 3.95% less compared to the same period of the previous year.

– Outflow based on investments of residents abroad amounted to EUR 95.90 million, while withdrawals of non-residents invested in our country amounted to EUR 172.69 million – it was stated in the Bulletin of the Central Bank, local media reports.