Net investments in Romanian economy, up 14.3 percent in Q1, 2018

Net investments carried out last year in Romania's economy totaled 15.79 billion lei in the first trimester of this year, by 14.3 percent higher as opposed to the similar period of 2017, according to data published on Thursday by the National Institute of Statistics (INS). 

On structural elements, during the first trimester of 2018, as opposed to the first trimester of 2018, growths were recorded in other expenditure, by 138.3 percent and in equipment (means of transportation included) by 7.7 percent, while new construction works dropped by 3.3 percent. 

Thus, net investments in new constructions amounted to 6.26 billion lei, during the first three months of this year, those in equipment (means of transportation included) stood at 6.58 billion lei, and in other expenditure, 2.942 billion lei. 

According to INS data, reports on the activities of the national economy show a growth of the share of net investments in agriculture, to up to 5.9 percent in the first trimester of 2018, as compared to 4.4 percent during the same period of 2017, and in other branches up to 16.5 percent, from 4 percent in the first trimester of 2018, whereas net investments oriented towards the industry recorded a drop of 2.4 percentage points, up to 32.9 percent in the first trimester of 2018. 

Investments in trade and services decreased 7.4 percentage points in the first three months of 2018, up to 23 percent, and those in constructions by 4.2 percentage points, reaching 21.7 percent. 

According to INS data, net investments represent expenses meant for the creation of new fixed means, for development, for modernizing and reconstructing existing ones, as well as the value of services related to the transfer of property over the fixed assets and lands that were acquired and paid for from other units or the population (notary fees, commissions, transport expenses, handling, etc.).