In the early 2000s, numerous voices stated that the emergence of Russian multinationals was a threatening process, as they were envisioned as tools of regaining political hegemony rather than pure economic entities. However, many studies revealed that Russian multinationals are, in fact triggered by economic motivations, when they make the decision whether to expand overseas or not. This paper focuses on the presence of Russian multinationals in Romania and their impact upon the local economy.
The influence of Russian multinationals upon the Romanian economy is
extremely important, though very difficult to illustrate with the help of available
statistical data at the national level. According to the latest reports, Russian investments in Romania amount to only two billion dollars. However, Russian multinationals are extremely well represented on Romanian territory, where they operate through their subsidiaries within the Netherlands, Germany or Switzerland, which means that although direct foreign investment flows enter Romania from the East, they reach destination through intermediaries.
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