ABSTRACT
SUMMARY. Russia's FDI in the Baltic States has been increasing over the last two to three years. The EU membership of the Baltic States and access to the EU market, accompanied by available sources for investment as a result of economic growth in Russia, have been the main reasons for that increase. At the same time, FDI from Russia have been met with suspicion in the Baltic States. Two main reasons for trying to avoid Russian investments have been the fear of losing control over the vital aspects of the economy and sometimes unclear sources of investment. A case study depicts problems and developments in an Estonian natural gas company with Russia's FDI, Eesti Gaas. [Article copies available for a fee from The Haworth Document Delivery Service: 1-800-HAWORTH. E-mail address: <docdelivery@haworthpress.com > Website: < https://www.HaworthPress.com > © 2005 by The Haworth Press, Inc. All rights reserved.]
