Central and Eastern Europe After the Boom: Time for a Strategy Change for Foreign Multinational Companies?
Arnold Schuh
Central European Business Review, 2013, vol. 2013, issue 2, 25-30
Abstract:
This conceptual paper contributes to the discussion of the effects of the Great Recession on strategies of multinational companies operating in CEE. The author argues that the original business model that guided the "going East" of Western companies is still valid. However, foreign investors have adapted their strategies for CEE in the aftermath of the crisis: they differentiate stronger between the individual economies, follow a more cautious and selective investment approach, rationalize product portfolios, test new cost-efficient organizational arrangements and consider increasingly "value-for-money" strategies to tap the mass markets.
Keywords: Central and Eastern Europe; strategy; economic crisis; multinational company (search for similar items in EconPapers)
JEL-codes: F23 M16 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (3)
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DOI: 10.18267/j.cebr.43
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