The total inflow of foreign direct investments (FDI) by the end of October amounted to EUR 737.36 million, while at the same time, EUR 324.63 million was withdrawn from the country, according to preliminary data from the Central Bank of Montenegro (CBCG).
The net inflow of FDI, which is the difference between inflows and outflows, by the end of October was EUR 412.73 million, marking a 14.25% increase compared to the same period last year.
“The total inflow of FDI is 4.2% higher than in the comparable period,” stated the CBCG Bulletin.
EUR 78.14 million was withdrawn from the country due to residents’ investments abroad, while EUR 246.49 million was the amount withdrawn by non-residents from their investments in Montenegro.
FDI inflows in the form of equity investments amounted to EUR 466.85 million, which represents 63.31% of the total. Of this, EUR 362.61 million was invested in real estate, and EUR 104.23 million in companies and banks.
FDI inflows in the form of intercompany loans amounted to EUR 241.58 million, which is an 11.16% increase compared to the same period last year. The remaining 3.92% accounted for other investments.
