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Romania 3Q Investments Dn 30% On Year To RON16.14B

Investments in Romanian economy fell 29.9% on the year to 16.14 billion lei (EUR1=RON4.2171) in the third quarter, on nearly halved investments in machinery and vehicles and other investments, the National Statistics Institute, or INS, said in an estimate Friday.
Romania 3Q Investments Dn 30% On Year To RON16.14B
04 dec. 2009, 10:01, English

Investments in machinery and vehicles dropped 43.5% on the year to RON5.38 billion in the third quarter, while other investments slumped 47% on the year to RON1.37 billion.

New constructions fell 18% on the year to RON9.4 billion, INS data showed.

In January to September, Romanian investments were at RON43.07 billion, down 22.5% compared with the same period a year before.

New constructions amounted to RON23.42 billion of the total investments in the first nine months, while investments in machinery and vehicles stood at RON16.06 billion.

Other investments were at RON3.58 billion of overall investments in the January-September period.