Foreign Direct Investment in Slovenia More than Doubled in H1

By , 14 Aug 2019, 10:11 AM Business
Foreign Direct Investment in Slovenia More than Doubled in H1 JL Flanner

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STA, 13 August 2019 - Foreign direct investments (FDI) in Slovenia more than doubled in the first half of 2019 to reach EUR 614.4 million. The figure is considerably higher than the EUR 242 million recorded in the same period of 2018, according to central bank data. What is more, FDI nearly doubled between June 2018 and June 2019 year-on-year.

Banka Slovenije's monthly report for June shows that FDI reached EUR 1.4 billion between June 2018 and June 2019, which is almost double the EUR 721.1 million recorded between June 2017 and 2018.

Last year, FDI in total reached EUR 1.2 billion, with the central bank pointing out that several large takeovers had taken place during this period, including the one of insurer Adriatic Slovenica by Italian Generali group, of home appliances maker Gorenje by Chinese Hisense and of poultry producer Perutnina Ptuj by Ukrainian MHP.

Slovenia's FDI abroad, on the other hand, was far lower. In the first half of 2019, reached EUR 52.6 million, a significant drop over the EUR 159.9 million in the same period of last year.

Between June 2018 and June 2019 Slovenia's FDI reached EUR 117.8 million, down from EUR 130.3 million invested between June 2017 and June 2018. Last year, Slovenia's FDI reached a total of EUR 63.3 million.

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