Business EnvironmentFall of foreign investments in the first quarter

Fall of foreign investments in the first quarter

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The total inflow of foreign direct investments at the end of March amounted to EUR 209.41 million, a decrease of 15.33% compared to the same period last year, according to preliminary data from the Central Bank of Montenegro (CBCG).

This decline, as explained, is the result of a decline in investment based on intercompany debt.
At the same time, the net inflow of foreign direct investments amounted to EUR 117.83 million, which is 30.07% less compared to the same period in 2022 – it is stated in the CBCG Bulletin.

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In the form of equity investments, an inflow of EUR 131.08 million was realized, which accounts for 62.59% of the total realized inflow. In the structure of equity investments, investments in companies and banks amounted to EUR 25.72 million, which is a decrease of 43.05%.

The data show that investments in real estate continue to grow, so they amounted to EUR 105.36 million, which is 24.90% more compared to the comparative period – the document states.

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In this period, Russians invested the most in real estate – EUR 17.68 million. They are followed by investors from Serbia with investments of close to 15 million, followed by citizens of Turkey who invested 14.47 million in the purchase of real estate in Montenegro. During the first three months, the Germans invested about EUR 11.82 million in this sector.

The inflow of FDI in the form of intercompany debt amounted to EUR 69.97 million or 33.41% of the total inflow, which is 20.28% less than in the same period of the previous year. The total outflow of FDI in the first quarter amounted to EUR 91.58 million, which is 16.16% more compared to the comparative period.

Outflow based on investments by residents abroad amounted to EUR 20.22 million, while withdrawals of non-residents invested in our country amounted to EUR 71.36 million – the document states.

 

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The total inflow of foreign direct investments at the end of March amounted to EUR 209.41 million, a decrease of 15.33% compared to the same period last year, according to preliminary data from the Central Bank of Montenegro (CBCG). This decline, as explained, is the result of a decline in investment based on intercompany debt. At the same time, the net inflow of foreign direct investments amounted to EUR 117.83 million, which is 30.07% less compared to the same period in 2022 - it is stated in the CBCG Bulletin. In the form of equity investments, an inflow of EUR 131.08 million was realized, which accounts for 62.59% of the total realized inflow. In the structure of equity investments, investments in companies and banks amounted to EUR 25.72 million, which is a decrease of 43.05%. The data show that investments in real estate continue to grow, so they amounted to EUR 105.36 million, which is 24.90% more compared to the comparative period - the document states. In this period, Russians invested the most in real estate - EUR 17.68 million. They are followed by investors from Serbia with investments of close to 15 million, followed by citizens of Turkey who invested 14.47 million in the purchase of real estate in Montenegro. During the first three months, the Germans invested about EUR 11.82 million in this sector. The inflow of FDI in the form of intercompany debt amounted to EUR 69.97 million or 33.41% of the total inflow, which is 20.28% less than in the same period of the previous year. The total outflow of FDI in the first quarter amounted to EUR 91.58 million, which is 16.16% more compared to the comparative period. Outflow based on investments by residents abroad amounted to EUR 20.22 million, while withdrawals of non-residents invested in our country amounted to EUR 71.36 million - the document states.   Sign up for business news updates & special reports.
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