News » December, 2010 » 3 December 2010
Romania 3Q Net Investment Down 14.2% On Year To RON14B
03.12.2010, 10:27 | Economy | 909 views
Romanian net investments fell 14.2% to 14.13 billion lei (EUR1=RON4.2923) in the third quarter compared with the year-earlier period, largely due to a slowdown in construction, the country’s statistics institute INS said Friday. New construction works dropped 23.1% on the year to RON7.5 billion in the third quarter, while investments in machinery and equipment, including transport vehicles, were down 9.2% to RON5.02 billion. Other investments rose 10.8% on the year to RON1.5 billion, INS data showed. Read more on Mediafax.ro
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