Investments in machinery and equipment, including transport vehicles, dropped 22.3% on the year to RON6.73 billion in the third quarter, while new construction works were down 2.6% to RON9.3 billion, the data showed.

Other investments increased 9.7% on the year to RON1.79 billion.

In January through September 2013, net investment in the local economy fell 5.5% on the year to RON45.73 billion, again due to fewer investments in most sectors.

New constructions fell 10.4% on the year to RON21.56 billion in the first nine months, while investments in machinery and equipment were down 1.8% to RON20.05 billion. Other investments increased 6% to RON4.12 billion.

Broken down by activity, net investment in industry amounted to 40% of total investment in the first nine months, followed by investment in commerce and services (36.5%), constructions (17.6%) and agriculture (4.6%).

Net investment in other sectors of the Romanian economy stood at 1.3% 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=RON4.4359)