Foreign investments up 60% in H1

Foreign investments made in the first half of the year came close to 5 billion euros, higher than initially estimated and around 60% higher against the same time last year. They could amount to as much as 10 billion euros by the end of the year, if the trend witnessed in the first six months continues. The value of foreign investments as contribution to the capital of companies registered in Romania amounted to 2.58 billion euros in the first half, more than double the level in the corresponding period of last year, according to data from the National Trade Registry Office (ONRC). E-ON Gaz Romania is the most important player, having performed a 303.2 million euro capital increase according to ONRC statistics. Telephony ranks next, with Telemobil – 131.2 million euros and Cosmote – 89.9 million euros. Other significant capital subscriptions were recorded on the real estate segment, after Bel Rom received a 58.6 million euro capital inflow and Green Properties received a cash injection worth 55.3 million euros.