Bulgaria Records Drop of Direct Investments in 2014

The direct investments in Bulgaria have decreased with 38.6 % for the ten-month period from January to October 2014, compared to the same period last year.

According to preliminary data of the Bulgarian National Bank, direct investments in 2014 amount to EUR 804.9 million, compared to EUR 1.3 billion last year.

October 2014 has seen an increase of BGN 217.3 million in direct investments, electronic daily Dnevnik reports.

Investors from Germany have withdrawn the biggest amount of capital – EUR 214.6 million.

The biggest flow of foreign investments originates from the Netherlands – EUR 225.8 million.

Private equity for the ten-month period amounts to EUR 403.8 million, which is lower than the figure for the same period in 2013.

Foreign direct investments in real property amount to EUR 106 million, which is also lower than the figure for the same period in 2013.

On basis of the preliminary data, reinvested profit for the ten-month period amounts to EUR 142.1 million, marking an increase from the 2013 figure of EUR 83.3 million.

Direct investments abroad until the end of October 2014 amount to EUR 141.9 million, recording a rise from 2013 when these were EUR 135.2 million.

In October 2014 direct investments abroad increased to EUR 3.6 million.

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