Romania 3Q Net Investment +15.3% On Year To RON16.6B
Romanian net investments rose 15.3% to 16.65 billion lei (EUR3.82 billion) in the third quarter from the year-earlier period, on increasing activity across the board, the country’s statistics institute INS said Friday.
Investments in machinery and equipment, including transport vehicles, advanced 35.6% on the year to RON6.53 billion in the third quarter, while new construction works were up 3.8% to RON8.58 billion, the data showed.
Other investments increased 9.5% on the year to RON1.54 billion.
In January through September, net investments in the local economy rose 2.7% on the year to RON39.7 billion, largely fueled by a 9.9% increase in investments in machinery and equipment.
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