I received a mail from the young German/Russian economists this morning. It had included an interesting research paper of Deutsche Bank, which I would like to share with you…

Over the past ten years, Russia has become one of the leading foreign direct investors among emerging markets. The Russian expansion abroad started in the CIS and has moved forward to industrialized countries as well as Africa. While resource-based industries continue to dominate outward investment, financial, telecom and retail trade companies are also venturing abroad. Expanding abroad provides Russian companies with access to new technologies, know-how and resources and supports the build-up of the capital stock and infrastructure investment within Russia.

Here is the direct link to the research paper: DOWNLOAD
but be sure to check Deutsche Banks Research Site. There are many interesting articles, not only about Russia. http://www.dbresearch.com

Russia not only invests into CIS countries and the 3rd World, but also into corporations in Germany and elsewhere. Often the investing companies are privately held, which could be seen as a problem further down the road, especially if these investments are done in the media sector. I just want to point to the Bertelsman discussion in Germany, a privately held company which should be public in the opinion of many Germans. The livejournal takeover by the Russian SUP group also caused great concern among livejournal users and the international press. That of course is just an example. There are other examples in other areas such as Aviation, Automobile, Aluminium, Energy, Telco and many more.