IDEAS home Printed from
   My bibliography  Save this article

Russian Federation’S Investments In Romania: The Case Of Lukoil


  • Ion PLUMB

    () (Academy of Economic Studies, Piata Romana 6, Bucharest, Romania)

  • Andreea ZAMFIR

    () (Academy of Economic Studies, Piata Romana 6, Bucharest, Romania)


The unusual magnitude of the ongoing economic and financial crisis raises major concerns about the propensity and capability of transnational corporations to continue investing and expanding abroad. This study investigates the Russian Federation’s investments in Romania, with an eye to reveal the reasons to invest in Romania, and the case of Lukoil, as the first private company from the Russian Federation that opened the way for investments in Romania. The findings of this study disclose that Romania is an attractive country for foreign direct investment, and moreover, the oil industry has developed due to Lukoil’s investment in Petrotel refinery. The study was carried out by combining a wide variety of sources, such as statistics, data books, fact books, reports and articles. The results reported in this study may be used as a starting point for further research in the area of foreign direct investment endorsement.

Suggested Citation

  • Ion PLUMB & Andreea ZAMFIR, 2011. "Russian Federation’S Investments In Romania: The Case Of Lukoil," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 3(1), pages 13-26, March.
  • Handle: RePEc:rom:mrpase:v:3:y:2011:i:1:p:13-26

    Download full text from publisher

    File URL:
    Download Restriction: no

    More about this item


    Investment; Romania; Russian Federation; Lukoil; Petrotel Lukoil refinery.;

    JEL classification:

    • G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:mrpase:v:3:y:2011:i:1:p:13-26. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Colesca Sofia). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.