The subject of legal possibilities to protect national interests in foreign direct investments has been extensively discussed on the European level. In view of the current events related to the COVID-19 pandemic, this topic still remains relevant. On one hand, the current increase in nationalist tendencies in Europe leads to greater protection of local interests against foreign investors. On the other hand, however, the pandemic has made us all aware of direct importance of critical infrastructure.
Matters related to the control of foreign direct investments in Central and Eastern Europe have been extensively discussed in a recent publication by the Austrian publishing house Facultas entitled: "Kontrolle ausländischer Direktinvestitionen in Mittel- und Osteuropa". One of the authors of the said publication is Katarzyna Domańska-Mołdawa, PhD, who contributed to the chapter devoted to the Polish perspective.
The publication presents the results of a two-year international research project of the Economic Law of Central and Eastern Europe (FOWI) at the Vienna University of Economics and Business. This project analysed the legal situation in terms of obstacles to direct investment in seven Central and Eastern European countries (Belarus, Poland, Czechia, Slovakia, Serbia, Hungary and Russia).
During the course of the research, both national procedures for the approval of foreign investments and others, mainly corporate law and sectoral mechanisms enabling a given country to have an impact on national companies, were analysed.
The research project was financed by the Jubilee Fund of the Austrian National Bank, the Jubilee Fund of the City of Vienna, the Association for the Promotion of f the Economic Law of Central and Eastern Europe and grants from the Vienna University of Economics and Business.
Please click HERE to find out more about the publication.