Russia direct investment sank 20% in first quarter

By Marcus Williams.

Russia suffered a 20% slump in direct investment to $12.825bn compared to the fourth quarter of last year.

Direct investment includes foreign participation in Russian companies, reinvested profit and other capital. From 2010, the regulator has included investment not only in non-banking firms, but also in the banking sector.

In the first quarter this year, foreign participation in Russian companies amounted to $2.384bn, reinvested profit stood at $7.744bn, while other capital amounted to $7.465bn, according to the central bank’s balance of payments

In 2010, direct investment in Russia increased 17 percent to $42.9 billion.

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