Foreign direct investment in Macedonia rises to EUR 101.4mn in Jan-Jun 2013.

By bne IntelliNews September 2, 2013

Foreign direct investment in Macedonia increased 21.8% y/y to EUR 101.4mn in the first half of this year, according to data of the central bank. This amount is equal to 1.3% of projected 2013 GDP. In Jan-Jun 2013, the equity capital and reinvested earnings component was a net inflow of EUR 48.8mn, down 24.5% on the year.

The breakdown across countries shows that in the first six months of this year, the largest direct investment inflows came from the UK (EUR 37.6mn), Austria (EUR 25.7mn) and Turkey (EUR 10mn). Across sectors, the largest inflow, of EUR 40.4mn, went to the manufacturing of motor vehicles.

In June alone, foreign direct investment in the Balkan country was EUR 21mn, higher than a net inflow of EUR 13.9mn in June 2012.

Related Articles

Macedonian president to veto law on making Albanian second official language

Macedonian President Gjorge Ivanov said on January 17 he veto the law that extends the use of Albanian language in the country as he thinks it is unconstitutional. The draft law was ... more

Freedom House keeps “partly free” status for Macedonia despite new government’s efforts

Macedonia was rated only “partly free” in the latest report from international watchdog Freedom House, the same almost all of the six Western Balkan countries, despite efforts by the ... more

Macedonia issues €500mn 7-year Eurobond with historic low interest rate

Macedonia issued on January 11 a seven-year €500mn Eurobond with an annual interest rate of 2.75%, the finance ministry said. This is the sixth Eurobond issue placed so far by Macedonia’s ... more

Dismiss