$800m foreign investment in H1

The foreign investment attracted by Romania in the first half this year amounted to $779 million (658 million euros), up 7.7% from December 2003. The data provided by the National Trade Registry Office in June shows that foreign investment reached $30.7 million (25.3 million euros), 70% lower than in the previous month. The richest month in terms of foreign investment was January (approximately 211 million euros) while the poorest month was March (a mere 24.5 million euros). June similarly joins the lowest foreign investment months. There were 820 new companies established in June, whose subscribed share capital totalled $14.1 million (11.6 million euros). As in previous months, it was Italian investors that set up the most new companies in June – 216 of them (26.3% of the total). They were followed by the Germans (91), and Hungarians (52). ZF