Kuznetsov Alexey
Evolution of Russian Multinational Companies: from Regional to Global Ones / Kuznetsov Aleksey
Publication Type:
Rubric:

 Multinational companies, expanding within their macroregion, are prevailing due to low transport costs, high level of awareness of potential partners as well as lack of cultural and language barriers. The article emphasizes the dramatic expansion of national multinationals worldwide. The geography of their promotion is analyzed relying on the statistics of the Central Bank of the Russian Federation as well as on the research results of the Institute of World Economy and International Relations RAN, which made up a top list of leading Russian corporations in 2011. It is argued that global and biregional companies prevail among the leading national multinationals. The article underlines the fact that sufficient assets they have in Europe contribute to prompt modernization of national economy.


Keywords: foreign direct investment | russian multinational corporations | bilateral investment agreements |

Russian Science Citation Index



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