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Investments in Romanian economy reach $3.18 bln in Q1 2007

The total value of investments in Romania's national economy in the Q1 of 2007 reached 7.73 billion RON ($3.18 billion), up 15.9% compared to the similar period last year, the National Statistics Institute (INS) announced on Monday.

Of all investments, 3.8 billion ($1.56 billion) went into new construction works, 3.36 billion RON were invested in tools and machinery including transportation, while 569 million ($324 million) was spent in other fields. Construction works, trade, vehicle and goods restoration, electricity and thermal energy, natural gas and water supplies, communications and the food industry were the main activities that received investments throughout the period, according to the INS. The amount does not count investments in real estate properties, assets that have already been registered at other units and ongoing acquisitions. (