Russian Multinational Direct Investment in East Central European Countries

Csaba Weiner

Chapter Chapter 6 in Emerging-market Multinational Enterprises in East Central Europe, 2020, pp 153-195 from Palgrave Macmillan

Abstract: 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 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:pal:stuchp:978-3-030-55165-0_6

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DOI: 10.1007/978-3-030-55165-0_6

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