Foreign investments in Kosovo, 258,9 million Euros

Foreign investments in Kosovo, 258,9 million Euros

Pristina, June 30, 2014/Independent Balkan News Agency

By Elton Tota

The report of the Central Bank of Kosovo (CBK) says that Direct Foreign Investments (DFI) in Kosovo in 2013 were 258,9 million Euros, 13.2% more than in the previous year.

Based on the data of this report, this increase in DFI has been mainly generated by the reinvested profits of companies that operate in Kosovo, which has seen an increase of 56.8%, amounting to 71.6 million Euros.

An increase was also seen in other investments, which mainly consist on loans between companies. Other investments in the framework of DFI amounted to 90.7 million Euros at the end of 2013 as opposed to 26.4 million in the same period of the previous year. Share capital, which in the DFI structure occupies the largest part, has reduced to 96.6 million Euros in 2013 as opposed to 157.1 million Euros in 2012”, reads the report of CBK.

The report says that in 2013, DFIs were mainly concentrated in the sector of real estate, 35.4% on construction, 15.1% on transport, 14.2% on telecommunication and 11% on financial services.

“As far as the origin of foreign investments in Kosovo is concerned, the countries which have invested the most are Turkey with 86.8 million Euros, followed by Switzerland with 41.7 million Euros, Germany with 21.7 million Euros and Albania with 20.5 million Euros”, says CBK. /ibna/