BRATISLAVA, March 3, (WEBNOVINY) – The volume of investments in the Slovak economy increased slightly over 2010. The Statistics Office of the Slovak Republic reported that expenditures related to formation of gross capital amounted to EUR 14.73 billion; thereof EUR 13.39 billion fell to the formation of gross fixed capital. Change in inventories represented EUR 1.34 billion. The y/y increase in formation of gross fixed capital was 3.6 percent.
As for individual sectors, non-financial corporations were dominant investing 62.5 percent of overall capital expenditures. All sectors reported increase in investments, according to the Statistics Office of the Slovak Republic. The volume of investments in financial corporations swelled 13.7 percent, 4.8 percent in non-financial corporations, 1.7 percent in the public administration, 1.6 percent in non-profit organizations serving households and 1.3 percent among households.
Most funds were invested in real estate and lease (22.7 percent). The portion of investments in industrial manufacturing reached 19.6 percent.
In Q4 alone, the formation of gross capital accounted for EUR 3.355 billion. The value of the fixed gross capital generated reached EUR 3.805 billion. Inventories shrank by EUR 449.5 million. Compared to Q4 2009, formation of gross capital came up by 10.9 percent. Thereof, formation of gross fixed capital boosted 10.6 percent.
SITA
