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INS: Net investment in Romania up 9.9% y/y in Q1

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Romania’s National Institute of Statistics (INS) said that the net investment in Romania‘s economy increased 9.9% on the year in the first quarter of 2021, reaching 20.35 billion lei (€3.8 billion), according to SeeNews. 

Net investment in machinery and equipment, including vehicles, rose by 18.1% year-on-year in the first quarter, while net investment in new construction rose 6.5%.

INS analysts stated that combined investments in other sectors edged up by an annual 1% on the year during January-March.

Investment in Romania’s economy, breakdown by sector (in billions of lei, y/y pct change in brackets)