FDI in Bulgaria in January-April was 429.1M euro

Written by on June 17, 2016 in Bulgaria - Comments Off on FDI in Bulgaria in January-April was 429.1M euro
sheaf of euro notes photo Gilles Letar

Foreign direct investment in Bulgaria in the first four months of 2016 stood at 429.1 million euro, the equivalent of 0.9 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on June 17. In the same period of 2015, FDI was 782.2 million euro, but the original amount reported by BNB last year was 523.5 million euro, which was revised upward later.

Investment in equity, including in the real estate sector, stood at 165.6 million euro (compared to 119.6 million euro in the first four months of 2015) and re-invested earnings accounted for 139 million euro (versus 292.6 million euro a year earlier), according to preliminary data.

Receipts from real estate investments by foreign companies totalled 13.3 million euro, compared to 24 million euro during the same period of 2015.

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(Photo: Gilles Letar)

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