CURRICULUM VITAE Senior Research Fellow at Pan-European Institute, Turku School of Economics, Finland

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CURRICULUM VITAE NAME: ZASHEV, Peter Radoev DATE AND PLACE OF BIRTH: 12.11.1971, Sofia, Bulgaria NATIONALITY: Bulgarian / Finnish MARITAL STATUS: Married, two children ADDRESS: Sunanniitynkuja 4 D14 02760 Espoo, Finland Tel. Int. + 358 (0) 40-7085151 E-mail: Peter.Zashev @ zet-group.fi WORKING EXPERIENCE: 2011 present Program Director at Hanken & SSE Executive Education, Finland. Key expertise: design, execution and training in executive education leadership and management programs related to Russian business. Duties include organizational diagnostics; HRD needs mapping, training content development, training and program management. 2003 present Visiting Professor / Program Director of the International Summer School in Russian Business at the Faculty of Economics, Saint Petersburg State University, Russia 1998 present International Consultant an Zet Group LP Key expertise: Management and advisory role - up to 15 employees under direct supervision. Focus on the emerging markets of Russia, CIS and Eastern Europe. Experience in international business and marketing, exports promotion, skills development, capacity building, vocational training. Assignments & projects for the United Nations /UNCTAD/, European Union /FP7, ESF/, the Finnish export promotion agency /FINPRO/, the Finnish Institute for International Trade /FINTRA/, GIZ. Experience in Azerbaijan, Belarus, Bulgaria, Kazakhstan, and Russia. 2008 2011 Senior Researcher (tutkimuspäällikkö), Emerging Markets Research Group, Faculty of International Business & Culture, Kymenlaakso University of Applied Sciences, Finland. Research interests: International business and marketing to and from the emerging markets of Russia and CIS countries. Finnish-Russian cross border business cooperation. Inter-cultural communications. European Integration Issues. International entrepreneurship. 2004 2008 Senior Research Fellow at Pan-European Institute, Turku School of Economics, Finland 1998 2005 Lecturer &Researcher at the Department of Management and Organization, Hanken School of Economics, Helsinki 1994 1998 Business Analyst for Ab Optimatics Networks Oy, Finland EDUCATION: 2001 D.Sc. /Economics & Business Administration/ from the EQUIS accredited Hanken School of Economics, Helsinki 1

1994 1995 International Business Program at Helsinki University of Technology, School of Information Science, Institute of Industrial Management 1994 Master of Science in Economics. Saint Petersburg State University, Russia, Faculty of Economics, Department of World Economy TEACHING EXPERIENCE: Academic course instructor and grader: 1998 present European Integration Issues at Hanken School of Economics, Finland 1999 present Russian Business Culture at Hanken School of Economics, Finland / Turku School of Economics, Finland 2005 - present Corporate Geography of Russia at Hanken School of Economics, Finland / Turku School of Economics, Finland 2000 2005 Business Operations in Central and Eastern Europe Turku School of Economics 2002 2005 International Economic Relations at Hanken School of Economics, Finland 2000 2008 European Business Environment at Hanken School of Economics, Finland Executive education 1998 present Trainings within: - Finnish Institute for International Trade /FINTRA/, Finland - HANKEN & Stockholm School of Economics Executive Education, Finland - Employment and Economic Development Centers /ELY Keskus/, Finland - Bulgarian Institute for Foreign Trade, Bulgaria - Azerbaijan Ministry for Economic Development /Deutsche Gesellschaft für Internationale Zusammenarbeit/, Azerbaijan INTERNATIONAL CONSULTING PROJECTS: 2011 Private Business Promotion in Republic of Azerbaijan. GIZ /Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH/ funded project executed by Hifab International AB. Key words: Private sector development, Project management, Management skills, Train the trainer, Vocational education, Consulting 2008 Investment Policy Review for Republic of Belarus. Consulting and drafting part of the Investment Policy Review produced by the United Nations Conference on Trade and Development /UNCTAD/ 2007 The role of transnational corporations in the extractive industry of Kazakhstan. Background analysis for the United Nations Conference on Trade and Development /UNCTAD/ World Investment Report 2007. LANGUAGES: Bulgarian - native English - fluent Russian - fluent Finnish - fair 2

RESEARCH PROJECTS & GRANTS: 2010 EU ENPI / European Neighborhood and Partnership Instrument/ funded project Creating successful model for Finnish-Russian exchange and entrepreneurial development of concrete innovation ideas (Menestymisen malli konkreettisten innovaatioideoiden ja yrittäjyyden kehittämiselle Suomen ja Venäjän välillä) 2008 Paulo foundation scholarship for the project " Internationalization of SMEs from emerging markets the case of innovation SMEs in Russia" 2007 Niilo Helander research grant for the project "Pietarin ja Leningradin alueen kehittyvän autoteollisuuden tarjoamat mahdollisuudet suomalaisyrityksille", Project leader: Peter Zashev 2006 Academy of Finland research grant for the project "International dimension of innovation system in Russia Improving the functionality via networking" at Pan- European Institute, Turku School of Economics and Business Administration. Project leader: Professor Kari Liuhto 2005 Liikesivistysrahasto foundation research grant for the project "Tuntemattomat idän pikkujättiläiset - Ukrainan ja Kazakstanin talousreformien tarjoamat mahdollisuudet suomalaisille yrityksille", Project leader: Peter Zashev 2005 Paulo foundation scholarship for launching a project "Innovation in Russia - Commercialization Opportunities for Nordic Companies" 2004 Academy of Finland research grant for the project "New Role of Russian Enterprises as Actors in the International Business Arena" at Pan-European Institute, Turku School of Economics and Business Administration. 2003 Paulo foundation scholarship for project "The Russian Million Cities: Networking Business Opportunities for Finnish Small and Medium Sized Enterprises" 1998 Nominated as a Scholar of the Finnish National Graduate School for Political Science and International Relations /VAKAVA/ 1994 Awarded by the Faculty of Economics at the Saint Petersburg State University with a Doctoral Candidate Nomination for best Master s Thesis PUBLICATIONS: 2012 Intangible barriers to Russian imports: special case of Finnish SMEs entry to RF market, Region Num. 1, South Korea (with Sergey Sutyrin) 2010 The first mover in new emerging markets: balancing risks versus opportunities in the case of Belarus, Journal of East-West Business, Volume 16, Issue 3 July 2010, pages 201-230 (with Stefan Ehrstedt) Internationalization of Russian innovation start ups: obstacles, motives, limitations, Electronic Publications of the Pan-European Institute, 8/2010, Turku School of Economics (with Irina Dezhina), 2010 2009 Opportunities and strategies for Finnish companies in the Saint Petersburg and Leningrad region automobile cluster, Kymenlaakso University of Applied Sciences, Research and Report publication N52, / 2009 (with Peeter Vahtra) 3

Belarus for Finnish investors, Electronic Publications of the Pan-European Institute, 1/2009, Turku School of Economics (with Stefan Ehrstedt) 2008 The South-Eastern Balkans as a Common Economic Space: Comparison of Business Environments, World Journal of Management and Economics, Volume 2/ Issue 3. 2008 Current state and development potential of Russian Special Economic Zones - Case study on the example of Saint Petersburg SEZ, Electronic Publications of the Pan-European Institute, 8/2008, Turku School of Economics Russian automotive manufacturing sector - an industry snapshot for foreign component manufacturers, Electronic Publications of the Pan-European Institute, 7/2008 (with Peeter Vahtra) "Cluster policies in cross-border regions: empirical data and analysis, EU 6th Framework Program CBCED (Challenges and Prospects of Cross Border Co-operation in the Context of EU Enlargement) project publications, 2008 2007 Linkages in Innovation System in Russia Current Status and Opportunities for Russian-Finnish Collaboration, Electronic Publications of the Pan-European Institute, 14/2007, Turku School of Economics (with Irina Dezhina) Peculiarities of German Small and Medium Enterprise s Business in Russia, proceedings of the VIII Chemnitz East Forum Cooperation between East and West: Westernization of the East or Easternization of the West?, 2007, Chemnitz, Germany, 13-15 September 2007 (with Dmitry Kamenev) The Russian Outward FDI: lessons and policy recommendations, EU 6th Framework Program INDEUNIS (Industrial Restructuring in the NIS: experience of and lessons from the new EU Member States) project publications (with Peeter Vahtra and Kari Liuhto), 2006 Free economic zones in Belarus: operations and results, in Kari Liuhto ed. External economic relations of Belarus, Electronic Publications of the Pan-European Institute, 8/2007 The role of transnational corporations in the extractive industry of Kazakhstan, background paper for the UNCTAD 2007 World Investment Report 2006 "The business cultural spillover of FDIs: exploration of Russian investments in the Baltic States", proceedings of the 32nd Annual Conference of the European International Business Academy Regional and national drivers of business location and competitiveness, Fribourg, Switzerland, December 7-9 2006 "Is WTO membership the biggest threat for Russian industry?, proceedings of international conference European Union and Russia: Seeking for Effective Model of Mutual Rapprochement, School of International Relations, Saint Petersburg State University, Saint Petersburg, October 20 2006 "Literature review of clustering theories and strategies and their applicability in the context of crossborder cooperation, EU 6th Framework Program CBCED (Challenges and Prospects of Cross Border Cooperation in the Context of EU Enlargement) project publications, 2006 "Kazakhstan as a Business Opportunity -Industrial Clusters and Regional Development, Electronic Publications of the Pan-European Institute, 6/2006, Turku School of Economics and Business Administration (with Peeter Vahtra) 4

"Belarus as a Business Opportunity?, Electronic Publications of the Pan-European Institute, 4/2006, Turku School of Economics and Business Administration "Russian Companies in the Forthcoming EU Member States: A Case of Lukoil in Bulgaria, in Kari Liuhto ed. Expansion or Exodus: why do Russian corporations invest abroad?, Haworth Press 2006 "Russian Investments in the CIS, EU 6th Framework Program INDEUNIS (Industrial Restructuring in the NIS: experience of and lessons from the new EU Member States) project publications (with Peeter Vahtra), 2006 2005 "Russian Investments in Latvia Significance and Business Cultural Impact", materials of the 31st Annual Conference of the European International Business Academy Landscapes and Mindscapes in a Globalized World, Oslo, December 11-13 2005 "Between the Co-Competitors: Belarus, Moldova and Ukraine economic integration in a bi-polar Europe Electronic Publications of the Pan-European Institute, 4/2005, Turku School of Economics and Business Administration "Russian Investments in Lithuania Politics, Business, Corporate Culture", in Liuhto Kari, Zsuzsanna Vincze (eds.): Wider Europe, Esa Print Oy, 2005, pp. 282-311 2004 "The Russian Million Cities Business Opportunities and Strategies for Finnish Small and Medium Size Enterprises Electronic Publications of the Pan-European Institute, 12/2004, Turku School of Economics and Business Administration "Russia in the World Trade Organization: Industrial Restructuring and Labor Productivity", materials of the conference The international trade system: contemporary state and future perspectives, Saint Petersburg State University, April, 2004 Saint Petersburg "Russia as an opportunity for Western SMEs: Preparing a market entry strategy" Electronic Publications of the Pan-European Institute, 3/2004, Turku School of Economics and Business Administration Prior to 2004 "Some Common Misconceptions When Doing Business in Russia", The Finnish Journal for International Trade, FINTRA journal N 3, August, 2001 (in Finnish) "International Monetary Fund Operations in Eastern Europe - Comparing the Results", Publications of the Swedish School of Economics and Business Administration, Helsinki, Diss. / N 96, 2001 "Doing Business in Russia" A distance learning material for Mikkeli Polytechnic, September 2000 "Russian Business Culture" A distance learning material, Mikkeli Polytechnic, September 2000 "Utilization and Positioning of Simplicity & Complexity in Economic Reforms /a short introspection of the example of Russia/ " in Ahonen G., Matilainen R. (eds.): Politik, hälsa och ekonomi. Festskrift tillägnad Ralf Helenius. Publications of the Swedish School of Economics and Business Administration No. 73. Helsinki, 1998 "East European Governments - The Right Focus, The Right Size". Working paper 375. Helsinki, 1998: Swedish School of Economics and BA, Helsinki 5

"Political Will Versus External Help - the Pattern of Bulgaria". Working paper 338. Helsinki, 1997: Swedish School of Economics and BA, Helsinki "Inter-, Intra- & Extra-Net (II&EN) Approach in Integration of Business Planning and Production Control into Pan-European, Multi-Domestic and Multi-Media Environment ", Golemanov, L.A., Ylinen, R. and Zashev, P.R., University of Oulu, Report C21, December 1998 KEY PRESENTATIONS: Current developments in Russian Science & Technology: between ambitions and realities, Committee on Global Science and Technology Strategies and Their Effect on U.S. National Security, Meeting 3 / January 20-21, 2010, The National Academies, Washington, D.C. Russian international cooperation in the field of innovations, Strategists Forum, Saint Petersburg, 19.10.2009 Russian energy outward foreign direct investments: concerns and realities, Energy Charter, Brussels, 15.04.2008 6