Assessment of Current Level of Foreign Expansion of Russian Business
The article focuses on Russian MNEs. The author analyzes their current state, comparing the situation in developed, developing countries and countries with transition economies. The author considers the amount of annual export of FDI and the volume of FDI stock abroad, analyzes mergers and acquisitions, determines thel argest MNEs in Russia and examines their features. The author comes to the conclusion that the Russian multinationals are in embryonic stage in terms of their number and quality. Since they have started foreign activity relatively recently and over time they can evolve into more classic MNEs.