The Cyprus-Russia Business Association was established in 1996 under the auspices of the Cyprus Chamber of Commerce and Industry and the Russian Embassy in Nicosia, Cyprus. CYRUBA’s goal is to operate collectively, drawing on the strengths, experiences and knowledge of its 300 member companies.

The Association is actively involved in promoting and solidifying trade and economic activities between Cyprus and Russia, through exchange of visits of delegations of business people, seminars, conferences and exhibitions. CYRUBA supports the government in their efforts to establish strong business and trade relations and to promote Cyprus as a reputable international financial, trade and services centre to the Russian business community.