By Limelight Communications
Economist Constantin Gurdgiev criticises current Government thinking; event hears of 19% increase in Irish exports to Russia
A business event co-hosted by Dublin City Council and the Ireland Russia Business Association (IRBA) on Monday, 11th March 2013 heard Enterprise Ireland announce a 19% increase in Irish exports in goods to Russia from 2011 to 2012. The event heard that the months through November 2012, the export figure from Ireland to Russia was €603million, excluding services. Peter Finnegan, Director of Economy and International Relations with Dublin City Council commented that a key element of Ireland’s recovery rested with business development into the emerging Russian Market. Business expansion into and inward investment from Russia had the potential to create significant jobs. Dublin’s Russian Festival focused on the potential for increasing business with, and attracting investment from, Russia.
Chairman of the IRBA, respected economist and commentator Constantin Gurdgiev provided participants with an insight into the trade dynamics between Ireland and Russia. He challenged current Irish policy and thinking. He emphasised the urgent need to establish Ireland’s reputation as a platform for entry by companies from BRIC economies and other emerging and middle income markets into North American and European Markets. He observed that in his view, too many Russians still think of Ireland as part of England and hold other stereotypes. He also encouraged Irish business to see Russia as a platform for entry into the Central Asia Marketplace and also into the countries of the CIS (Commonwealth of Independent States).
Enterprise Ireland is looking for candidates for their International Graduate Programme 2012 – 2014 with placement in Moscow: download details (PDF, 100K).
A psychological ‘iron curtain’ left over from Soviet times, and the fact that this part of the world was almost entirely off-limits until the mid-1990s, may be unintentionally limiting mindsets among Irish business leaders. In this issue, Enterprise Ireland’s new man in Moscow Gerard MacCarthy and the Russia office staff highlight the opportunities.
Finding New Markets: Doing Business in Russia, CE Europe, the Gulf
Enterprise Ireland and Ulster Bank are hosting free breakfast seminars for companies wishing to learn about doing business in Russia, Central & Eastern Europe and the Gulf.
Dates: September 12, Dublin. September 13, Cork.
Download a leaflet for more info and registration detail (300 kB, PDF).
As a part of the Festival of Russian Culture, Dublin City Council, Enterprise Ireland, and IRBA are hosting a business breakfast and networking event for the business leaders.
Mike Hogan, Enterprise Ireland Moscow, will speak on the realities of the Russian economic developments, following response will be from Brian Moran, Treasury Holdings, and Brian Donohoe, Mercury Engineering. Discussion will be chaired by Constantin Gurdgiev.
The event will take place on February 19 at the Alexander Hotel. Attendance by invitation.