NEW TRENDS REGARDING OFDI FROM RUSSIA

• Main Authors: IMOLA DRIGĂ, CODRUȚA DURA
• Format: Article
• Language: English
• Published: University of Petrosani 2013-12-01
• Series: Annals of the University of Petrosani: Economics
• Subjects: FDI; outward FDI; BRICS countries; Russian TNCs
• Online Access: http://www.upet.ro/annals/economics/pdf/2013/part2/Driga-Dura.pdf

Among emerging economies, the Russian Federation is the second largest outward investor, surpassed only by China, but ahead of Brazil, India and South Africa. Alongside other multinationals from BRICS countries, TNCs from Russia started to emerge in the international rankings of global companies. The propose of the paper is to present the importance of developing and transition economies as investors, to provide background information and new trends of OFDI from BRICS countries, pointing out the outward expansion of Russian multinational corporations in recent years. The paper basically investigates the main patterns of Russian outward foreign direct investment (OFDI), including its dynamics and geographical destinations.