Russia's Outward FDI Rise Amidst the Global Fall

Russia's Outward FDI Rise Amidst the Global Fall

Author(s): Peeter Vahtra
Editor(s): Matthias Neumann, Robert Orttung, Jeronim Perovic, Heiko Pleines, Hans-Henning Schröder
Series: Russian Analytical Digest (RAD)
Issue: 65
Pages: 6-8
Publisher(s): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen
Publication Year: 2009

Despite the global economic recession, Russia's outward foreign direct investment is increasing. Energy companies are seeking new resources and downstream assets. Companies are also seeking larger markets in the former Soviet Union. In some cases, the purchases have political rather than economic motivations. Although some investors, like Oleg Deripaska, have had to sell off some of their assets, many companies are still in expansion mode. Germany is one of the more popular target countries.
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