News/Press

Today in Vienna, the Austrian Presidency of the Council of the European Union together with the European Commission will host the 5 th Eastern Partnership Business Forum followed by the Eastern Partnership’s Annual Conference on 7 December. The two events will bring together high level representatives from the EU and the six Eastern Partners - Armenia , Azerbaijan , Belarus , Georgia , the...
Workshop on export quality management and food safety conducted in Georgia
On 26-27 November, the International Trade Centre (ITC) organised a workshop in the Georgian capital Tbilisi on export quality management and food safety. The training was aimed at representatives of companies selected in the framework of the ‘ Eastern Partnership: Ready to Trade ’ project funded by the European Union in the framework of the EU4Buisness initiative. The project aims to improve the...
The Georgian juice and tea booth at Sial Paris 2018
Thirteen Georgian companies took part in the SIAL international food exhibition in Paris last month, with the support of EU4Business, with contacts leading to dozens of confirmed orders worth a total value of €4 million. The International Trade Centre (ITC), together with Enterprise Georgia, supported helped the Georgian companies to attend within the framework of the ‘ Eastern Partnership: Ready...
Ludi Batumuri brewery
The Ludi Batumuri brewery has been producing beer since 1951. Now, its original equipment, designed by Czech specialists, stands side by side with new state-of-the-art equipment, bought with the help of an EU4Business investment loan. The Ludi Batumuri brewery was the destination for one of the first field visits by the new Head of the EU Delegation in Georgia, Ambassador Carl Hartzell, who...
EBRD launches Trade Ready, a new support initiative in Georgia
With EU funding under EU4Business, the EBRD this week launched Trade Ready in Georgia – a new trade support initiative aimed at small and medium-sized enterprises (SMEs) working to improve their competitiveness to succeed in international markets. Supported by donor funding from the European Union under its EU4Business initiative, Trade Ready has been designed to facilitate access to finance and...
The international Trade Centre is organising the participation of 32 agro-processing companies from Armenia, Azerbaijan, Georgia and Ukraine in the SIAL International Food Exhibition in Paris on 21-25 October, within the framework of the EU4Business ‘Ready to Trade’ project. The objective is to present the companies and their products to the EU market and establish business links with EU buyers...
Financial education programme for entrepreneurs in Georgia
As part of Georgia’s ‘Year of Financial Literacy’, the National Bank of Georgia (NBG) has developed a financial education programme for micro and small enterprises together with the Development Facility of the European Fund for Southeast Europe (EFSE DF), and with the involvement of the Export Development Association (EDA). Implementation began in July 2018, with experts from the EDA training...
EIB supports hundreds of small and medium-sized businesses and water projects in Georgia
The European Investment Bank (EIB) has agreed to lend €30 million to TBC Bank, the largest bank in Georgia, in order to broaden the access to finance of Georgian small and medium-sized enterprises (SMEs), which represent more than 90% of companies active in the country. The EIB funds will be provided in the framework of the European Union’s EU4Business initiative, designed to support SMEs in the...
Meliora Responsible Business Awards
Companies in Georgia have until 10 October to enter the 2018 Meliora Responsible Business Awards , an annual Corporate Social Responsibility Excellence Contest organised as part of the EU-funded ‘Georgian Civil Society Sustainability Initiative’. The contest is organised in collaboration and with the support of various business associations and aims to promote responsible business conduct in...
The European Commission has signed a Memorandum of Understanding with Georgia for Macro-Financial Assistance (MFA) of up to €45 million to help Georgia cover part of its external financing needs and support economic reforms. “Georgia has shown strong and lasting commitment to economic reform, which the EU has consistently supported and fostered,” said Pierre Moscovici, EU Commissioner for...