FDI in Bulgaria in January-October 2016 was 942M euro

Foreign direct investment in Bulgaria in the first 10 months of 2016 stood at 942 million euro, the equivalent of 2.1 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on December 16. In the same period of 2015, FDI was 1.75 billion euro, but the original amount reported by BNB last year was 1.37 billion euro, which was revised upward later.

Investment in equity, including in the real estate sector, stood at 302.8 million euro (compared to (970.9 million euro in the first 10 months of 2015) and re-invested earnings accounted for 594.2 million euro (versus 635.7 million euro a year earlier), according to preliminary data.

Net receipts from real estate investments by foreign entities totalled 53.3 million euro, compared to 52.7 million euro during the same period of 2015.

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(Photo: Vangelis Thomaidis)