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06/09/2010
Irish Firms Seek Investment In Russia
Some 30 Irish firms are making their way to Russia as part of a trade mission to Russia.
The Minister for Trade and Commerce, Billy Kelleher, is leading the sortie, which is expected to last up to a week.
The firms are from a range of sectors including engineering, construction, food and drink, education and business services. Half of the companies are in the information communications technology (ICT) and services sectors.
The trade mission has been organised by the Government’s indigenous job creation agency, Enterprise Ireland, to coincide with President Mary McAleese’s visit to Russia.
Ireland is the seventh largest provider of foreign direct investment to Russia ahead of the US and Japan and Irish exports to the country grew by over 66 per cent in the first five months of this year.
Speaking this morning ahead of the trip, Minister Kelleher described the trade mission as "an important opportunity to showcase Irish firms and generate new business opportunities".
"Russia is a significant trading partner for Ireland and the country’s continued economic development has resulted in a wide range of business and commercial opportunities for Irish firms," he said.
The minister added: "We want to give Irish firms opportunities to strengthen their business links with Russia and help new market-entrants to land their first breakthrough sale there."
According to Mr Kelleher, Ireland and Russia have similar national research and development goals with a strong focus on funding research in nanotechnology, life science and ICT.
A separate event is being organised for the Irish higher education sector to build contacts with Russian colleges through Education Ireland.
(DW/KMcA)
The Minister for Trade and Commerce, Billy Kelleher, is leading the sortie, which is expected to last up to a week.
The firms are from a range of sectors including engineering, construction, food and drink, education and business services. Half of the companies are in the information communications technology (ICT) and services sectors.
The trade mission has been organised by the Government’s indigenous job creation agency, Enterprise Ireland, to coincide with President Mary McAleese’s visit to Russia.
Ireland is the seventh largest provider of foreign direct investment to Russia ahead of the US and Japan and Irish exports to the country grew by over 66 per cent in the first five months of this year.
Speaking this morning ahead of the trip, Minister Kelleher described the trade mission as "an important opportunity to showcase Irish firms and generate new business opportunities".
"Russia is a significant trading partner for Ireland and the country’s continued economic development has resulted in a wide range of business and commercial opportunities for Irish firms," he said.
The minister added: "We want to give Irish firms opportunities to strengthen their business links with Russia and help new market-entrants to land their first breakthrough sale there."
According to Mr Kelleher, Ireland and Russia have similar national research and development goals with a strong focus on funding research in nanotechnology, life science and ICT.
A separate event is being organised for the Irish higher education sector to build contacts with Russian colleges through Education Ireland.
(DW/KMcA)
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10 September 2010
To 'Russia With Love' For Irish
There has been a major 'thaw' in Irish relations with the former Eastern block with news that deals for new export sales worth over €9 million were signed by firms in the Republic during this week's trade mission in Russia.
To 'Russia With Love' For Irish
There has been a major 'thaw' in Irish relations with the former Eastern block with news that deals for new export sales worth over €9 million were signed by firms in the Republic during this week's trade mission in Russia.
08 November 2011
Tániaste Announces Russian Trade Agreement
The Irish Deputy Prime Minister, the Tánaiste, has announced he wrapped up his official visit to Russia on Tuesday with the signing of an agreement for trade and economic cooperation between Ireland and Russia.
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The Irish Deputy Prime Minister, the Tánaiste, has announced he wrapped up his official visit to Russia on Tuesday with the signing of an agreement for trade and economic cooperation between Ireland and Russia.
06 July 2011
Rapid Russian Success For Armagh Firm
There is 'concrete success' on the way for a Co Armagh construction sector firm with news that Rapid International in Tandragee has won business worth around £800,000 in Russia from its participation in an Invest Northern Ireland trade mission to Moscow and St Petersburg.
Rapid Russian Success For Armagh Firm
There is 'concrete success' on the way for a Co Armagh construction sector firm with news that Rapid International in Tandragee has won business worth around £800,000 in Russia from its participation in an Invest Northern Ireland trade mission to Moscow and St Petersburg.
03 September 2012
America's Retail Giants View Irish Consumer Products
Senior executives from America's largest retail chains are in Dublin with Enterprise Ireland today to view Irish consumer products with particular potential for large-scale distribution in the American retail market. Between them, these US retail chains have 11,000 stores and sales valued at $182bn per year.
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Senior executives from America's largest retail chains are in Dublin with Enterprise Ireland today to view Irish consumer products with particular potential for large-scale distribution in the American retail market. Between them, these US retail chains have 11,000 stores and sales valued at $182bn per year.
13 September 2010
Focus On French Farm Machinery Market
The Minister for Trade and Commerce, Billy Kelleher is today leading a high-profile sales drive of 11 Irish farm machinery firms to France. The firms will exhibit their machinery in Rennes at France’s leading livestock and agricultural equipment trade show, SPACE.
Focus On French Farm Machinery Market
The Minister for Trade and Commerce, Billy Kelleher is today leading a high-profile sales drive of 11 Irish farm machinery firms to France. The firms will exhibit their machinery in Rennes at France’s leading livestock and agricultural equipment trade show, SPACE.
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Northern Ireland WeatherToday:A cloudy day with a little light rain or drizzle at times, but some spells of drier weather too. The north coast may become somewhat brighter later this afternoon. Maximum temperature 11 °C.Tonight:Cloudy and patchy light rain will slowly clear away this evening. Then the rest of the night will be dry with broken cloud. Westerly winds freshening in the early hours. Minimum temperature 6 °C.
