Investments in machinery and equipment, including transport vehicles, advanced 29.5% on the year to RON8.8 billion in the third quarter, while new construction works were up 6% to RON9.77 billion, the data showed.

Other investments increased 5.7% on the year to RON1.71 billion.

In January through September, net investments in the local economy rose 17.9% on the year to some RON49 billion, again fueled by higher investments in all sectors.

New constructions rose 12.5% on the year to RON24.6 billion in the first nine months, while investments in machinery and equipment were up 26.2% to RON20.4 billion. Other investments increased 3.4% to RON3.95 billion.

Broken down by activity, net investments in industry amounted to 39.4% of total investment in the first nine months, followed by investments in commerce and services (30.3%), constructions (24.4%) and agriculture (4.3%).

Net investments in other sectors of the Romanian economy stood at 1.6% of the overall investment in January through September.

The INS data include financial results from around 23,000 economic and social operators with 50 or more staff. The maximum admitted margin of error is plus/minus 3%. (EUR1=RON4.5059)