News/Press

EU4Business: Ready to Trade Project Promotes Armenian Products on the International Markets
EU4Business: Ready to Trade Project Promotes Armenian Products on the International Markets
Armenia
 | 
14/12/2020
A s part of the Eastern Partnership: Ready to Trade EU4Business Initiative, 15 Armenia-based companies regularly participated in SIAL Paris – the leading trade fair for processed food, Biofach organic food trade show in Nuremberg and ANUGA trade fair for food and beverages in Cologne. The challenges of 2020 – the outbreak of COVID-19 followed by the war in Nagorno-Karabakh – further stressed the...
The EU supported 78,995 SMEs in the Eastern Partnership countries in 2019
23/11/2020
EU4Business has published the Citizens’ Summaries for the 6 EaP countries with the overview of major results of the past year in the region and per country. In 2019, 78,995 SMEs were supported through the EU4Business Initiative, generating an extra €1.3 billion in income and 117,254 new jobs, growing their turnover by 16.1%, and increasing their exports by 5.9% as a result. See the detailed...
Developing Food Safety Enforcement in Armenia with European Union’s EU4Business Initiative
09/09/2020
With the support of the EU4Business Initiative, 10 Armenian companies will be provided with food safety system enforcement plans, while five of those with greater export potential will be trained for certification. On its way from farm to market, food can encounter various health hazards. Such risks are present throughout the entire production chain, from initial to final stages. Ensuring food...
From Brand to Export: Armenian Companies' Journey with EU4Business Initiative
Armenia
 | 
07/09/2020
Eastern Partnership: Ready to Trade, an EU4Business initiative supports Armenia-based companies develop internationally competitive branding identities. Packaging is as important as the product itself. A strong brand is a key driver for sales on both the domestic and international markets. Eastern Partnership: Ready to Trade, an EU4Business initiative , supports Armenia-based companies develop...
European Union’s EU4Business Initiative and UNIDO Help Armenia’s Fashion Industry Overcome COVID-19 Challenges
Armenia
 | 
01/09/2020
In the course of a six-day seminar organised under the EU4Business Initiative, Armenian textile companies gained deeper insights into price segmentation and the effective use of communication and promotion channels, as well as roadmaps for overcoming the economic challenges of the COVID-19 pandemic. During Soviet times, Armenia was noted for its textile industry. Indeed, Armenia’s second largest...
From Ancient Armenia to South Africa: Mastering the Secrets of Dried Fruit Production
Armenia
 | 
30/08/2020
While on a study tour to the South African Republic under the EU4Business Initiative , Armenian growers gained expert advice on manufacturing internationally and specifically EU-competitive products: maintaining accurate moisture levels, extending the shelf life of dried fruits, producing attractive yet affordable packaging in line with the European standards, and getting some good marketing tips...
European Union’s EU4Business Initiative Helps Armenian Fashion Industry Overcome COVID-19 Challenges
European Union’s EU4Business Initiative Helps Armenian Fashion Industry Overcome COVID-19 Challenges
Armenia
 | 
21/07/2020
Since the Soviet times Armenia was noted for its textile industry. Armenia's second largest city - Gyumri, home to a big textile factory - had a whole district called "Textile". These days, fashion, with its major potential, is becoming a force of its own along with the textile industry. The EU-funded Eastern Partnership: Ready to Trade EU4Business initiative supports the development and exports...
Weekly Digest on Impact on SMEs in EAP (10 July)
10/07/2020
Armenia Armenia gets one-year customs tax break within the framework of the Eurasian Economic Union. Lower rates than the single EEU customs tariffs shall be applied in Armenia for more than 600 items of goods imported. https://bit.ly/2CgClbe Another nationwide lockdown may be imposed if Armenian hospitals are no longer able to cope with the continuing spread of the coronavirus. Prime Minister...
Weekly Digest on Impact on SMEs in EAP (July 3, 2020)
03/07/2020
Armenia VTB bank joins the governmental 3 rd assistance action programme aimed at mitigating the liquidity risk of SMEs to offset consequences of coronavirus pandemic jointly with the Ministry of Economy and the Investment Support Center. It enables small businesses to claim loans at 0% rate in the first 2 years, and 12% for the rest of the maturity period (the effective annual interest rate is 1...
Weekly Digest on Impact on SMEs in EAP (June 26, 2020)
26/06/2020
Armenia 820 SMEs have already received assistance from the Armenian government through its 3 rd action. Ministry of Economy suggests applying for preferential loans up to a maximum of 50mln AMD (more than US$ 104,500) by June 30, 2020. https://bit.ly/3i4QJnI 50,094 jobs restored in Armenia after coronavirus-related strict restrictions were lifted in May . Nikol Pashinyan, the Prime Minister of...