Foreign direct investment (FDI) in Romania last year amounted to 61 euros per capita, which ranks it fourth in SE Europe after Croatia, Bulgaria and Serbia-Montenegro, an analysis of the Vienna Institute for International Economic Studies (WIIW) shows. Croatia, whose FDI per capita amounts to 293 euros is far ahead of Macedonia, Albania and Bosnia-Herzegovina, which attracted 24 to 53 euro FDI per capita. The maximum value registered in the region considered by the Institute in 2003 was witnessed by Estonia, 591 euros per capita, followed by the Czech Republic (399 euros per capita), while Hungary and Belarus saw the lowest FDI (- 8 and 10 euros respectively). The FDI volume in Romania in 2003 is estimated at 1.3bn euros, compared with 1.21bn euros in 2002 and is scheduled to go up to 1.5bn euros in 2004. ZF