MINA News

FDIs exceed €630 million at the end of September

According to preliminary statistics of the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €631.36 million at the end of September, while the outflow totalled €310.99 million.

The latest CBCG Bulletin says that net foreign direct investments amounted to €320.37 million between January and September, down 47.14 percent year on year.

The total inflow of foreign direct investments was 26.14 percent lower than in the corresponding period, as a result of a decrease in the intercompany debt and investments in companies and banks, as well as due to the withdrawal of investments from abroad.

The residents’ investments abroad amounted to €64.66 million, while the withdrawal of money invested in Montenegro by non-residents amounted to €246.33 million.

The FDI inflow related to the ownership investments amounted to €403.87 million, which accounts for 63.97 percent of the total inflow. Of that amount, the inflow based on the real estate investments amounted to €335.19 million, while the investments in companies and banks amounted to €68.68 million.

The FDI inflow in the form of intercompany debt amounted to €197.91 million, which accounts for 31.35 percent of the total inflow.