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Russian Multinational Direct Investment in East Central European Countries

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Part of the Studies in Economic Transition book series (SET)

Abstract

This chapter assesses the characteristics of Russian outward foreign direct investment (OFDI) and multinationals in general and in particular in five EU-member Central and East European (CEE) states, including Czechia, Hungary, Poland, Slovakia and Slovenia. Besides official statistics, the research relies on company data analysed using Dunning’s eclectic paradigm and his typology of four motives. In addition to pull factors, the importance of push factors is emphasised. Weiner finds that Russian FDI in the five CEE countries is dominated by market-seeking and, to a lesser extent, efficiency-seeking projects carried out by state-owned or state-related private firms. Most Russian FDI has been done in hydrocarbons, iron, steel and machinery, but banking, software solutions, electronic production, real estate and even the light industry have also been targeted.

Keywords

Outward foreign direct investment Multinational enterprises Russia Central and Eastern Europe Pull factors Push factors 

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© The Author(s) 2020

Authors and Affiliations

  1. 1.Institute of World EconomicsCentre for Economic and Regional StudiesBudapestHungary

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