FDI in Bulgaria Rises 37.5% Y/Y in Jan-Oct 2015

Foreign direct investment in Bulgaria for the first 10 months of 2015 has increased by 37.5% on the year, reaching EUR 1.37 B, according to preliminary data of the country’s central bank.

The January-October FDI was equivalent to 3.2% of the projected 2015 GDP, the Bulgarian National Bank said on Thursday.

In October 2015 alone, FDI in Bulgaria increased by EUR 63.5 M, compared with an year-on-year increase of EUR 125.5 M in the same month of 2014.

Equity investment for the first 10 months of 2015 increased by 122% on the year, reaching EUR 957.6 M.

Real estate investments of non-residents totalled EUR 49.1 M from January through October, compared with EUR 108.4 M attracted in the equivalent period of 2014. The largest inflow of real estate investments for January – October 2015 came from Russia, totalling EUR 26.2 M, 53.4% of the total amount for the period).

Reinvestment of earnings totalled EUR 590.6 M for the first 10 months of 2015, compared with EUR 140.3 million in the same period of 2014.

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