FDI in Bulgaria in January-July 2016 was 987.3M euro

Foreign direct investment in Bulgaria in the first seven months of 2016 stood at 987.3 million euro, the equivalent of 2.2 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on September 16. In the same period of 2015, FDI was 1.16 billion euro, but the original amount reported by BNB last year was 907.3 million euro, which was revised upward later.

Investment in equity, including in the real estate sector, stood at 210.8 million euro (compared to 1.01 billion euro in the first seven months of 2015) and re-invested earnings accounted for 376.4 million euro (versus 502 million euro a year earlier), according to preliminary data.

Receipts from real estate investments by foreign companies totalled 51.6 million euro, compared to 59 million euro during the same period of 2015.

For the full story, please click here.

(Photo: Miroslav Sárička/sxc.hu)