FDI in Bulgaria in January-April was 218.5M euro

Foreign direct investment in Bulgaria in the first four months of 2014 stood at 218.5 million euro, the equivalent of 0.5 per cent of the gross domestic product (GDP), according to data from the Bulgarian National Bank (BNB).

In the same period of 2013, the figure was 305.1 million euro (0.8 per cent of GDP), but the original amount reported by BNB last year was 408.5 million euro, which was revised downward later.

Investment in equity, including in the real estate sector, stood at 33.1 million euro (compared to 227.1 million euro in January-April 2013) and re-invested earnings accounted for 76.5 million euro (versus 50 million euro in the first four months of last year).

Receipts from real estate investments by foreign companies totalled 37 million euro, compared to 37.8 million euro during the same period of last year.

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(Photo: Alessandro Paiva)