Some EUR 200 billion were invested last year in Europe, with Romania, Russia and Poland among the top investment countries, according to advisory company OCO Global. This is a new record and is due to an increasing inflow of investments into Eastern Europe, Reporter.gr said.

Globally, trans-border investments rose 5.1 percent in 2007, to some EUR 630 million. More than 11,500 investment and expansion projects were announced last year, likely to lead to 2.9 million new jobs. China still tops the investment destination list, with 1,171 projects, worth €59.3 bln.

In Europe, Russia is the leader of investment destinations for the fifth year in a row. According to data published by Romanian authorities, more than EUR 7 bln entered the country as foreign direct investments (FDI) in 2007, or 4 percent of the EUR 200 bln invested in Europe.

FDI made up some 35 percent of total investments made in Romania last year.