According to preliminary statistics of the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €714.98 million at the end of October, while the outflow totalled €344.08 million.

The latest CBCG Bulletin says that net foreign direct investments amounted to €370.9 million between January and October, down 44.69 percent year on year.

The total inflow of foreign direct investments was 23.87 percent lower than in the corresponding period, as a result of a decrease in investments based on 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 €72.75 million, while the withdrawal of money invested in Montenegro by non-residents amounted to €271.33 million.

The FDI inflow related to the ownership investments amounted to €458.17 million, which accounts for 64.08 percent of the total inflow. Of that amount, the inflow based on the real estate investments amounted to €380.32 million, while the investments in companies and banks amounted to €77.85 million.

The FDI inflow in the form of intercompany debt amounted to €225.78 million, which accounts for 31.58 percent of the total inflow.