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A Soviet Enterprise's Journey from Domestic to Global Markets: The Adaptation Process of Mining Giant Norilsk Nickel

Author

Listed:
  • Vesa RAUTIO

    (University of Helsinki, Finland)

  • Riitta KOSONEN

    (Helsinki School of Economics, Finland)

Abstract

Two Finnish geographers examine the adaptation process of former Soviet enterprise Norilsk Nickel to a market economy in the post-Soviet era. In a relatively short period of time, Norilsk Nickel has managed to achieve a leading position in the global metal market, particularly in the nickel and platinum business. Particular attention is paid to the impacts of the privatization and internationalization processes within the company. The authors explore the adaptation of Norilsk Nickel to the post-socialist business environment and compare the company's present operational basis to its Western competitors through a company analysis. The data comprises a survey among the workers of the company as well as interviews with mining experts and representatives from public sector authorities.

Suggested Citation

  • Vesa RAUTIO & Riitta KOSONEN, 2006. "A Soviet Enterprise's Journey from Domestic to Global Markets: The Adaptation Process of Mining Giant Norilsk Nickel," The Journal of Comparative Economic Studies (JCES), The Japanese Society for Comparative Economic Studies (JSCES), vol. 2, pages 33-58, July.
    • Handle: RePEc:cos:epaper:v:2:y:2006:p:33-58
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    File URL: http://www.kier.kyoto-u.ac.jp/~ces/jces/02_jces_2006/04_Rautio_Kosonen.pdf
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    More about this item

    Keywords

    Russia; Restructuring; Privatization; Internationalization;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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