Moldova attracted foreign investments worth USD 186 million in nine months

Moldova attracted in the first nine months of this year foreign direct investments totaling more than USD 186 million, of which the greatest volume goes to the third quarter USD 81.28 million. The foreign investors made social capital placements in this period of approximately USD 74 million. In the third quarter, the investments of non-residents in the social capital constituted 29.16 million, of which investments in the form of goods USD 6.35 million. Important flows were directed towards the banking, financial, energetic, transport and communications, trade sectors and the processing industry. The main investors were from Italy, Holland, France, Denmark, Russia, Germany and Turkey. The reinvested income was evaluated, for the first nine months, at approximately USD 29 million. The contracting of new loans from mother firms constituted, in the January-September period, USD 83.43 million, including 40.45 million in the third quarter. At the same time, in nine months, investments flowing out of the R. Moldova were registered at approximately USD 70 million, mainly as a consequence of the reimbursement of credits previously contracted from the mother firm or of retractions from the social capital. In the third quarter, outflows constituted more than USD 33 million. This way, net foreign direct investments, in the 9 months of the current year total USD 116 million, and in the third quarter USD 47.72 million. The direct investments stock, accumulated in the national economy up to the end of September 2006, was evaluated at USD 1 billion and 173.69 million, of which the subscribed capital and the reinvested profit USD 883.8 million and other capital (credits from the mother-firm). The direct foreign investments per capita constituted USD 326 at the time.