30.6 C
July 5, 2020
Image default
Economy Romanian News

Net Investments In Romania Grew 18% In 2019

Romania’s economy grew in 2019 with 4,1%. The last three years proved to be very successful for Romania from the economic point of view. The consecutive growth in terms of GDP ranked Romania among the top 3 countries in the European Union.

Apart from that, Romanian economy also registered a growth in terms of net investments. According to the Romanian National Institute of Statistics, in 2019 Romanian economy grew with 18% in terms of net investments, meaning EUR 21,6 B.

Constructions counted for 32% of the net investments, the industry being helped by the fiscal facilities issued by the Government.

The economic forecasts for the Romanian economy were revised after Coronavirus crisis reached Europe. Now, the Romanian economy is predicted to grow with 3% this year, as compared to a prediction of 3.9% at the beginning of the year.

Related posts

The International Monetary Fund Estimates Romania’s Economy Will Contract by 5% in 2020


The Failure of the Romanian Program for Helping Crisis Affected SME – ‘IMM Invest’


Study: How Serious Is the Situation of the Romanian Hospitality Industry?


Leave a Comment