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How has foreign investment helped transform the ten former-Communist members of the European Union? What role have multinational corporations based in France, Germany and the US played in changing work and employment relations? What impact have the European Social Model and European Works Councils had? What is happening now to these economies in face of the global economic crisis? Is foreign direct investment a new colonialism or a real boost to the region? This book's expert contributions offer major insights into the ways in which multinational corporations are helping to transform Central and Eastern Europe. Based on original fieldwork into the behaviours of French, German and American corporations, the evidence of a partial transfer of employment relations models comes from service sector multinationals like Accor, Carrefour and Societe Generale as well as those in the automobile industry like Volkswagen and Renault and in food processing like Danone and Bongrain.