Photo: PixabayThe total inflow of foreign direct investments (FDI) at the end of February amounted to 145.63 million euros, while at the same time 46.21 million euros flowed out of the country, according to preliminary data from the Central Bank of Montenegro (CBM).
The net inflow of foreign direct investments amounted to 99.42 million euros, which is 149.5 percent more than in the same period last year.
"The total inflow of foreign direct investments increased by 7.85 percent compared to the comparable period, which is a result of the growth of ownership investments," the CBM Bulletin states, Mina reports.
On the basis of investments of residents abroad, 24.15 million euros flowed out, while withdrawals of funds of non-residents invested in Montenegro amounted to 22.06 million euros.
The inflow of foreign direct investments in the form of equity investments amounted to 85.02 million euros, which is 58.38 percent of the total. Of that, 49.67 million euros were invested in real estate, and 35.35 million euros in companies and banks, biznis.rs writes.
The inflow of FDI in the form of intercompany debt amounted to 42.88 million euros, which is 53.03 percent less than in the same period last year.
Source: biznis.rs
