Annotation
Inflow of FD to countries with economies in transition increased in 2013
by 28% and reached 108 billion dollars. In the Commonwealth of Independent
States (CIS) import of investments increased by 28% owing to the essential growth
of FD in the Russian Federation. Though as the main investors the developed
countries still acted, also FDI from developing countries increased. The uncertainty
factors connected with instability in the region, most likely, will affect prospects of
inflow of FDI to countries with economies in transition.
In 2013 export of FDI from the countries of the region, in particular for
84% sharply increased, and reached the record level of 99 billion dollars. As well
as in previous years, the main part of the projects connected with FDI fell on the
Russian companies. A total cost of cross-border transactions in shape M&A,
perfect multinational corporations of the countries of the region, increased more
than six times, and the cost of the declared new investment projects increased by
87% to 19 billion dollars.
Over the last ten years growth rates of inflow and outflow of FDI in
countries with economies in transition were the highest in the world. In the context
of so dynamic growth of FDI by their main partners EU countries in quality as
investors, and recipients of investments acted. In the total volume of the imported
FDI in countries with economies in transition the greatest share, namely more than
two thirds, is the share of EU countries.
In the CIS they put investments generally in sectors of natural resources,
consumer sectors and other branches in process of their liberalization or
privatization. In South Eastern Europe as the major driving factors of investments
from the EU privatization, and also a combination of low production expenses to
prospects of association and membership in the EU also acted. Similarly the main
part of total volume of FDI which are taken out from countries with economies in
transition, mainly from the Russian Federation is the share of EU countries.
Investors show interest in strategic assets in the EU markets, including the
subsequent production and marketing links in the energy sector and the processing
productions with a high value added.