Croatias FDI inflow declines to EUR 129mn in Q1.

By bne IntelliNews July 13, 2011
The FDI inflow declined to EUR 128.9mn in Q1, the central bank reported. The net equity investments reached EUR 112.7mn Q1, accounting for 87.4% of the total FDI (177.7% in 2010). The net other capital amounted to minus EUR 205.6mn, while reinvested earnings reached EUR 221.8mn, having a 172% share in the total investments. The FDI dynamics was attributed to external factors, related to tightening financial conditions and limited capital availability on a global scale. The biggest investors in the country were Germany (EUR 131.8mn), Luxembourg (EUR 37.9mn) and the United States (EUR 19.4mn). The main sectors that attracted FDIs were financial intermediation, except for insurance and pension funds (EUR 38.2mn) and real estate activities (EUR 37.3mn). The total amount of FDI that have entered the country since 1993 amounted to EUR 24.4bn. The largest portions went to the financial sector (EUR 8. 5bn), wholesale trade and commission trade (EUR 2.72bn) and manufacture of coke, refined petroleum products (EUR 1.53bn).

Croatias FDI inflow declines to EUR 129mn in Q1.

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