Foreign direct investments for the period January-May this year amount to 421 million euros and are significantly higher than in the same period last year when they were worth 296 million.
When the outflow is subtracted, net foreign direct investments for five months this year amounted to 287 million euros, while last year they were 128 million. Foreign citizens and their companies invested 158,8 million euros in the purchase of real estate alone.
Most foreign investments came from Russia in the amount of 48,4 million euros, which is 11 percent of the total amount. Russian citizens and the economy invested the most in the purchase of real estate, EUR 24 million, and then in the intercompany debt of their companies in Montenegro, EUR 16,8 million.
In second place is the United Arab Emirates, where 41,8 million euros of investments arrived. 30,4 million was invested mostly in intercompany debt, followed by 10,6 million invested in domestic companies and banks. In this period, citizens and companies from this country bought real estate in Montenegro worth 814 thousand euros.
Italy is in third place with 39,7 million euros. However, for them, the Central Bank marked the largest part of the investment with secret information. It is only known that they invested 1,4 million euros in intercompany debt, and 456 in the purchase of real estate.
Investments worth 32,7 million euros arrived from Cyprus, of which 25 million were invested in companies and banks in Montenegro, and 2,4 million in inter-company debt. Other items are marked with secret information.
The same sum of 32,7 million arrived from Turkey, and their citizens and the economy invested 17,1 million in intercompany debt, ten million in the purchase of real estate and 5,5 million in domestic companies and banks.
Investments of 31 million euros each came from Serbia and Switzerland. The Swiss invested the most in intercompany debt, EUR 18,8 million, and citizens and companies from Serbia invested EUR 16,5 million in the purchase of real estate.
Bonus video:
