Non-profit Organisation Promoting Bilateral Commerce
CONNECTING
events, business networks, LinkedIn, bilateral associations
EDUCATING
experience sharing, academic lectures, business briefings
SUPPORTING
policy assistance, in association with Enterprise Ireland and Embassy of Russia
Russian Banks Credit Supply to SME
Dr. Constantin Grudgiev
Moody’s latest note on Russian banks, titled SME Lending in Russia: Growth Supports Profitability, but Cyclical Credit Risks Remain is available in Russian.
The note argues that since 2010-2011, Russian banks’ origination of credit to SMEs has grown on the back of banks’ strategic expansion within the SME sector that sees growth in lending to SMEs exceeding that for larger corporates. Read more…
Russian Economy – Inflation & Monetary Policy
Dr. Constantin Gurdgiev
Russia’s central bank (CBR) refinance rate was affirmed at 8.00% last week, with the overnight deposit rate at 4%, the minimum auction repo rate at 5.25% and the fixed repo rate at 6.25%. Per Danske Markets, “the CBR stated that it views rates as being acceptable for the coming months as inflation pressures arise in H2 12.”
Young Social Innovators to Showcase Why they are Best Placed to Overcome Ireland’s Social Problems
Young Social innovators (YSI) will hold its annual ‘Showcase’ event next Wednesday 9th of May in City West at 9am.
President Michael D. Higgins will arrive at the event at 2.40pm where he will be greeted by a number of YSI school students and St. Stanislaus Kennedy, Co Founder of YSI. The President’s address will take place at 3.10pm in the main auditorium. Read more…
Upcoming cultural events in May
Westport Festival of Music and Performing ArtsThe line-up for the very first festival in the Mayo town includes Ray Davies and Jools Holland. Read more… |
Dialogue Bags Renault’s Russian Account
The Dublin-based marketing communications agency Dialogue Marketing has won a major international account in Russia.
The agency, which is headed up by Michael Killeen, has picked up the account to handle Renault Russia. The account covers all integrated solutions.
According to Michael Killeen, Dialogue won the business on the back its four step CRM “IDIC” process (Identification, Differentiation, Involvement and Customisation) which it has developed successfully over the last decade. The final strategy is being finalised and creative will be in place for January 2012 across all channels.
“‘The work we take for granted here is viewed as best in class in other regions, particularly as you move east across Europe. The obvious challenge for us was to give them a simple yet effective process that they can understand and one that allows for local inputs on each tactical model by model execution,” says Killeen. Read more…
Transaero, Russian airliane are coming to secure 180 aircraft jobs
AN AIRCRAFT maintenance company in Shannon has been taken over, saving 180 jobs.
Recruitment of additional staff is also under way, as Air Atlanta Aero Engineering (AAAE) was bought by Moscow-based company, Transaero.
Although both companies have remained tight-lipped about the takeover, an announcement is believed to be imminent, while rebranding of the Shannon hangar has already started. Read more…
IIA Annual Conference – “BUILDING BRICS” – May 10th
Irish Internet Association is holding its annual conference on May 10th with focus on BRICs, where will examine the convergence of Social, Mobile and Localisation technologies for business with a particular focus on those seeking to explore the exciting opportunities in BRIC and other international markets.
Speaker and panellist line-up include:
- An Taoiseach, Enda Kenny TD
- Sean O’Sullivan, Avego, and new dragon on Dragons Den
- Neil Leyden, IDSC
- Sharon Walsh, Heineken
- Deborah Lynch, Paypal
- Constantin Gurdgiev, Ireland Russia Business Association
- Fergal O’Byrne, SONRU
IEA and IRBA members can avail for a special offer of €190 when registering, e-mail to info@irba.ie for the special offer code if booking on-line.
More information on http://www.iia.ie/events/iia-conference/
