21/11/2006

The flow of direct investment with significant impact on economy in the first ten months

During October 2001 and October 2006, the Regional Development Agencies registered 520 investment projects, exceeding the equivalent of USD 1 million  (benefiting of the incentives granted by Law no. 332/2001 regarding the direct investment with significant impact on Romanian economy). The total value assumed for these projects is more than USD 6.378 billion, the foreign share representing USD 4.563 billion representing 71.53% of the total.

From these projects, till the end of October 2006, 326 were finalized, with a value of USD 2.767 billion.
In October 2006, foreign direct investment with significant impact on economy were 265.7 billion USD, out of which 77.3 million USD – brownfield and 188.4 million USD greenfield.

The investments were registered in the following main fields:

• Telecommunications: 58 projects with assumed value of USD 1,336 million, representing 20.94% from the total;

• Wood processing: 22 projects with assumed value of USD 657 million, representing 10.29% from the total;

• Services- 66 projects with assumed value of USD 811 million, representing 12.71% from the total;

• Trade- 96 projects with assumed value of USD 735 million, representing 11.53% from the total;

• Energy sector- 25 projects with assumed value of USD 509 million, representing 7.98% from the total;

• Machine building- 41 projects with assumed value of USD 668 million, representing 10.49% from the total;

• Constructions and constructions materials- 41 projects with assumed value of USD 366 million, representing 5.77% from the total;

• Electronics and electrotechniques – 16 projects with assumed value of USD 232 million, representing 3.64% from the total;

• Metallurgy- 19 projects with assumed value of USD 234 million, representing 3.62% from the total

A classification by value, indicates that were registered 6 projects over USD 100 million, 17 projects with value between USD 50 and 100 million, 154 projects with value between USD 10 and 50 million, the rest until 520 being projects with value between USD 1 and 10 million.

1.       As concerns the regional spreading, most projects were registered in:
Bucuresti-Ilfov Development Region - 288 projects, with assumed value of USD 3.798 million, representing 59.54% from the total, of which foreign investment 2.801 million USD, representing 43.90%;

2.       Centru Development Region (counties Alba, Brasov, Covasna, Harghita, Mures, Sibiu) – 81 investment projects, with assumed value of USD 1465 million, representing 22,97%, of which foreign investment USD 1.149 million, representing 18,02% from general total;

3.        South-Muntenia Development Region (counties Arges, Calarasi, Dambovita, Giurgiu, Ialomita, Prahova, Teleorman) - 39 projects, with assumed value of USD 604 million, representing 9.46% from the total, of which foreign investment USD 481 million, representing 7.54%.

As concerns the country of origin, foreign investors that registered investment projects in value exceeding USD 1 million, are coming from the Netherlands, with USD 1,357 million, representing 21.28% of total investment, followed by Austria with USD 722 million, representing 11.32%, from Germany with USD 632 million, representing 9.91% from the total investment and from France with USD 504 million, representing 7.91% from the total investment.