MINA News

FDIs reach €569.1 million at the end of August

According to preliminary statistics of the Central Bank of Montenegro (CBCG), the total inflow of foreign direct investments (FDI) amounted to €569.61 million at the end of August, while the outflow totalled €283.55 million.

The latest CBCG Bulletin says that net foreign direct investments amounted to €286.06 million between January and August, down 49.4 percent year on year.

The total inflow of foreign direct investments was 25.47 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 €57.14 million, while the withdrawal of money invested in Montenegro by non-residents amounted to €226.41 million.

The FDI inflow related to the ownership investments amounted to €360.83 million, which accounts for 63.35 percent of the total inflow. Of that amount, the inflow based on the real estate investments amounted to €296.81 million, while the investments in companies and banks amounted to €64.02 million.

The FDI inflow in the form of intercompany debt amounted to €179.41 million, which accounts for 31.5 percent of the total inflow.