Posts Tagged ‘gurdgiev’

IRBA Notice: Russian Students – Spring School in Dublin Institute of Technology – 18th to 28th March 2015

March 6, 2015 Comments off

Dear IRBA Friends,

Dublin Institute of Technology, College of Business, is hosting  the ‘Spring School’ of students from St Petersburg  State University of Economics and Finance (Finec) form 18th to 28th March 2015.

Dr. Constantin Gurdgiev and Dr. Jim Hanly will address the students at an informal event   on Tuesday 24th March in Dublin Institute of Technology. It will give the students an opportunity to gain insight into Irish – Russian economic and business issues.

Date: Tuesday 24th March 2015
Venue: Room 5050 of Dublin Institute od Technology, Augnier Street, Dublin 2
Time: 2pm – 3.30pm

The event is part of a longer visit of some fourteen students from St. Petersburg. “Finec” is a major provider of undergraduate and postgraduate education to some 13,000 students in a wide range of disciplines. Read more…


December 8, 2014 Comments off

by Gerard MacCarthy, director, Enterprise Ireland Russia/CIS and head of the commercial department at the Embassy of Ireland

“Ireland – #1 Best Countries for Business “
Forbes 2014

As part of the intergovernmental Ireland-Russia Joint Economic Commission, on November 24 2014 the first ever multi-agency Team Ireland Showcase was held in Moscow at the Russian Chamber of Commerce and Industry’s headquarters, a stone’s throw away from the Kremlin.

The showcase highlighted Ireland as an investment and joint-project destination, allowing Russian investment, VC, and R&D partners to explore the potential for establishing joint intellectual property or production bases using Ireland’s long experience in the commercialisation of innovative and high-tech projects.

Speakers at the event included: Ambassador Eoin O’Leary; Georgi Petrov, Vice-President of the Russian Chamber of Commerce and Industry; Dmitry Sazhin, Head of the Europe and American Department of the Ministry of Economic Development; Professor Shamil Gantsev, Member of the Federation Council; and Shane Nolan, Head of Growth Markets Division, Industrial Development Authority of Ireland (IDA); Dr. Darrin Morrissey, Director of Programs, Science Foundation Ireland; Peter Lennox, International Entrepreneur Programme Senior Development Advisor, Enterprise Ireland; Pat Flynn, Flynn O’Driscoll Lawyers, Member of the Board of Directors, Enterprise Ireland; Brien Henderson, Head of the Visa Department, the Embassy of Ireland, Moscow; and Dmitry Simonenko, a Russian serial entrepreneur who has two businesses in Ireland. The event was introduced by Gerard MacCarthy, Director of Enterprise Ireland’s Russia and CIS office. Read more…

Highlights: Breakfast Briefing – Russia, The Current Business Climate & Ongoing Developments

September 30, 2014 Comments off

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by Jennifer Condon

The current geopolitical climate added to bilateral sanctions between the EU and Russia is creating more obstacles for Irish – Russian Business.

On Monday, 29th September 2014, the Ireland Russia Business Association (IRBA) hosted a business breakfast briefing with Gerard MacCarthy, Director, Enterprise Ireland Russia / CIS & Head of the Commercial Department at the Embassy of Ireland in Moscow speaking about the current business climate and developments in Russia. IRBA Chair Dr Constantin Gurdgiev covered the issues of economy and macro-risks e.g. rouble valuations, credit supply, sanctions impact and risks for Russian demand side.

Gerard MacCarthy, Director, Enterprise Ireland Russia / CIS & Head of the Commercial Department at the Embassy of Ireland in Moscow:

“From a trade point of view, the rouble euro-exchange rate, the so-called ‘Presidentail Ban’ targeted at the food sector as response of EU sanctions against Russia, and a volatile and unpredictable political and legislative environment are key current risk factors in dealing with the Russian market. Read more…

EVENT: The Russian Business Forum

May 22, 2013 Comments off

The IRBA in collaboration with Enterprise Ireland will be holding the Russian Business Forum event where leading Russian and Irish companies will share practical knowledge of doing business in Russia and the panel of experts will be open for answering your questions.

DATE: Friday, 7th June 2013

TIME: 8 a.m. – 1 p.m.

VENUE: The Plaza, Enterprise Ireland, East Point Business Park, Dublin 3, map.


  • Registration & Networking.
  • Keynote addresses by Minister for Small Business John Perry TD.
  • Policy Document Draft Presentation, Discussion & Feedback Session: “Enhancing Bilateral Trade and Investments with Russia: Policy and Environment”.
  • Sector Speaker Presentations and Q&A: “Russia – Opportunities & Challenges”.
    • Financial.
    • ICT & High Technology.
    • Education.
    • Construction.
  • Panel Discussion and Q&A.
    • Logistics and Shipping – Customs and Duties.
    • Legal.
    • Tax.
    • Business Facilitation & Marketing.
    • Translations & Cross-cultural Negotiations.
    • Visas.
  • Closing Comments.

RSVP: The event is free. Click on following link to register before COB on Tuesday, 4th June 2013:

For enquires, please contact Kate Kostyunina via email at or by phone on 01 7272015 or Jen Condon via email at or by phone on 01 6424178.

EVENT: Ireland Russia Business Breakfast Hears Of Challenge To Irish Government

March 14, 2013 Comments off

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).

Read more…

Some data and ideas on Russian economy

January 17, 2013 Comments off

By Constantin Gurdgiev. First published on

Russian economy quick summary of some latest stats and some disconnected ideas:

  • Q3 2012 real GDP +2.9% y/y down from +4% in Q2 and +4.9% in Q1 2012.
  • Expected Q4 2012 GDP growth +2.5%
  • November 2012 GDP growth of +1.9% y/y inflation-adjusted
  • Q1-Q3 2012 GDP +3.5% y/y
  • Q3 2012 consumption +5.1% y/y down from +6.9% in Q2
  • Expected full year consumption growth +4% y/y.
  • Consumer confidence down to lowest in 18 months (since Q2 2011) in Q4 2012 at -8, Q3 2012 reading was -6.
  • Industrial production is up +1.9% y/y in November, manufacturing activity +4%, manufacturing PMI at lowest level in 14 months in December at 50.0
  • Services PMI down to 56.1, from 57.1 in November
  • Composite PMI at 54.1 – a 4 months low.

Read more…

Ireland-Russia Bilateral Trade: Jan-Oct 2012 data

January 17, 2013 Comments off

By Constantin Gurdgiev. First published on

Some good data on Irish bilateral trade in goods with Russia. A graph and a table to summarise:

Read more…