Investment in the Montenegrin market reached €123.8 million

Investment in the Montenegrin market reached €123.8 million

The real estate market in Montenegro for the first eight months of 2013 gained €123.8 million investment, according to ee24.com with reference to the Central Bank of Montenegro.

According to official data, foreign direct investment in the economy of Montenegro for the period from January to August amounted to €274 million, the outflow of capital amounted to €61 million, 27.6% up from a year earlier.

Thus, the volume of net foreign direct investment in the Montenegrin economy amounted to €213 million which is 7.6% less than in the same period last year. Investment in the form of equity decreased by 35.3% to €136.5 million, in the same period the Montenegrin companies raised €12.7 million investment.