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Foreign direct investments plunge to 352 mln euros in H1 2020

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Foreign direct investments in Romania in H1 2020 plunged to 352 million euros from 2.697 billion euros in the similar period of the year before, the of Romania (BNR) said in a release this Thursday.

Non-residents' equity (including the estimated net reinvestment of earnings) amounted to 160 million euros, and intercompany lending stood at 192 million euro net, the document states.

The number of newly set up companies running on foreign capital in Romania fell by 41.41 pct in the first six months of 2020 compared to the same period of 2019, to just 1,674 entities with…

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