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Outward Foreign Direct Investments and Emerging Multinational Companies from Central and Eastern Europe


  • Mariusz-Jan Radlo
  • Magdolna Sass


This paper summarizes a research project devoted to analyzing the development of outward foreign direct investment (OFDI) and emerging multinational companies from Visegrád countries: The Czech Republic, Hungary, Poland, and Slovakia. After several years of foreign direct investment inflows to central and eastern European countries in recent decades, OFDI has appeared and grown dynamically from these economies. The Visegrád countries are among the leaders in that respect. This type of internationalization is affecting mainly Visegrád neighboring countries and other countries in the region. The concentration of investing companies and transactions is quite high in all four countries, and this determines both the sector and target country composition of OFDI. Intra-Visegrád investments, mainly by pairs of countries, are especially significant.

Suggested Citation

  • Mariusz-Jan Radlo & Magdolna Sass, 2012. "Outward Foreign Direct Investments and Emerging Multinational Companies from Central and Eastern Europe," Eastern European Economics, Taylor & Francis Journals, vol. 50(2), pages 5-21, March.
  • Handle: RePEc:mes:eaeuec:v:50:y:2012:i:2:p:5-21

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    References listed on IDEAS

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    Cited by:

    1. Björn Jindra & Sohaib S. Hassan & Jutta Günther & Uwe Cantner, 2015. "European Integration and Outward FDI from Central and Eastern Europe – Is There Any Evidence of Knowledge-seeking?," Journal of Common Market Studies, Wiley Blackwell, vol. 53(6), pages 1248-1267, November.
    2. Xie, En & Reddy, K.S. & Liang, Jie, 2017. "Country-specific determinants of cross-border mergers and acquisitions: A comprehensive review and future research directions," Journal of World Business, Elsevier, vol. 52(2), pages 127-183.
    3. repec:eee:phsmap:v:482:y:2017:i:c:p:127-146 is not listed on IDEAS
    4. Piotr Trapczynski, 2016. "MNEs from Poland: A Review of Extant Research," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 14(3 (Fall)), pages 283-306.
    5. Marta Gotz, 2013. "Exploring Foreign Direct Investment From Poland Using Grounded Theory Method," Oeconomia Copernicana, Institute of Economic Research, vol. 4(2), pages 73-96, June.

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