The total inflow of foreign investments in the first five months of this year amounted to EUR 361.75 million, a decrease of 15.47% compared to the same period last year. As shown by the preliminary data of the Central Bank (CBCG), this is the result of a drop in investment based on intercompany debt and investments in companies and banks, as well as on the basis of the withdrawal of investments from abroad.
The net inflow of foreign direct investments amounted to EUR 193.06 million, which is 34.39% less compared to the same period in 2022.
– In the form of equity investments, an inflow of EUR 216.83 million was realized, which accounts for 59.94% of the total realized inflow. In the structure of equity investments, investments in companies and banks amounted to EUR 45.81 million, a decrease of 45.49%. Investments in real estate increased by 7.63% and amounted to EUR 171.02 million – according to CBCG data.
The inflow of FDI in the form of intercompany debt amounted to EUR 116.23 million or 32.13% of the total inflow, which is 15.64% less than in the same period of the previous year.
When we talk about real estate investments, this is still the only segment where growth is recorded. Real estate in Montenegro is still mostly bought by Russians, who invested EUR 26.88 million. Citizens of Serbia follow with investments worth EUR 23.13 million, followed by Turks who invested EUR 21.61 million in this segment. Significant funds are also invested by Germans who bought real estate worth EUR 18.48 million.
The total outflow of foreign direct investments in the period from January to May amounted to EUR 168.69 million, which is by 26.16% more compared to the comparative period.
– Outflow based on investments by residents abroad amounted to EUR 32.18 million, while withdrawals of non-residents invested in our country amounted to EUR 136.51 million – it is stated in the document published by the Central Bank.
