This working paper analyses investment by Russian firms in the four Visegrád countries, their motivations and ownership advantages, based mostly on the eclectic paradigm. Beside statistical data, we rely on case studies to present the profile of the most important Russian investors in each host...

The article describes how the concepts - i.e. people's knowledge and attitude - connected to the Russian and Czech words for profit have changed during the transformation after 1989. In the socialist period capitalist profit maximization is stereotypically damned whereas socialist profit remains...