News/Press

Eastern Partnership summit: future cooperation for real benefits
20/11/2017
The 5 th Eastern Partnership (EaP) summit will take place in Brussels on Friday, 24 November, bringing together heads of state and government from EU member states and the six Eastern partner countries. Among the priority areas to be discussed are economic development and better market opportunities. The leaders will look forward to future cooperation, as well as taking stock of what has been...
EU4Business helps establish first Georgian business cluster
Georgia
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06/11/2017
A Georgian Furniture Cluster – the first formally established business cluster in Georgia – was officially launched on 27 October in Tbilisi. The establishment and development of this cluster is supported by an EU- GIZ project on ‘ SME Development and DCFTA in Georgia ’ implemented under the EU4Business Initiative. The Georgian Furniture Cluster (GFC) now connects 25 local SMEs in the sector of...
The EIB Group signs the first guarantee agreements in Georgia, Moldova and Ukraine under the EU4Business initiative
26/10/2017
The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – signed today the first guarantee agreements with ProCredit Holding and its subsidiaries in order to support EUR 100 million of lending to small and medium-sized enterprises (SMEs) in Georgia, Moldova and Ukraine under EU4Business initiative. These agreements will enable the ProCredit banks in these...
EBRD President Sir Suma Chakrabarti (left) heard about the progress of the EU4Business-EBRD joint financing programmes for SMES on his visit to Georgia.
EBRD President visits Georgia to discuss the country’s economic performance
Georgia
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07/09/2017
The President of the European Bank for Reconstruction and Development , Sir Suma Chakrabarti, visited Georgia on 5 and 6 September to discuss ways of further strengthening the country’s economic performance. Sir Suma met Prime Minister Giorgi Kvirikashvili and other top government ministers and was a guest at a session of the Investors’ Council , a platform for public-private dialogue set up by...
Georgian entrepreneurs will be participating in the programme "Fit for Partnership with Germany"
Georgia
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31/08/2017
Enterprise Georgia, in cooperation with the German Federal Ministry for Economic Affairs and Energy, and with the support of GIZ, is opening registration for The Manager Training Programme in Germany. The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is entrusted to lead the programme. The GIZ offers a four-week practice-oriented specialist training programme for English-...
Evening cityscape in Tbilisi
EIB and ProCredit Bank support hundreds of companies in Georgia
Georgia
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14/07/2017
Since 2011, the European Investment Bank Group (EIB) and ProCredit have jointly improved access to long term finance for SMEs in Georgia. So far, 872 projects of small and medium businesses received EIB financing, totalling EUR 25 million, through ProCredit Bank Georgia. “Unlocking the potential of the private sector in Georgia through availability of affordable, long term financing for...
Vineyards in Georgia’s Kakheti region, whose wines are among those featured in the new online platform.
Georgian wine producers launch online information platform with the help of EU4Business
Georgia
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07/07/2017
Winemakers in Georgia have launched an online information platform sharing details of over 100 wines for sale in the country - thanks to support from the EU4Business East Invest 2 project. The Competence Centre for Wine, Wine Marketing and Grape Products (CCWMG) came out of a Business Support Organisation (BSO) twinning project between the Georgian Wine Association and the Bulgarian Chamberr of...
Evening cityscape of Tbilisi © European Commission
Site on Georgia’s DCFTA launched
Georgia
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23/06/2017
Prime Minister Giorgi Kvirikashvili and EU Ambassador Janos Herman jointly launched a new information portal on all DCFTA related matters. The site is hosted by the Ministry of Economy and Sustainable Development of Georgia. It was developed with the support of the EU–GIZ Project ‘SME Development and DCFTA in Georgia’. The website is online since June 19th and provides detailed information on all...
Participants at the East Invest 2 Annual Partner Conference 2017
Private sector business organisations from Eastern Partnership countries demand better business climate for SMEs
22/06/2017
21 June 2017, Kiev More than 100 business support organisations (BSOs) representatives from Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine and the EU Member States gathered in Kiev today for the final conference of the EU funded East Invest project. Participants discussed private sector's engagement in policymaking across the Eastern Partnership (EaP) countries and showcased East Invest...
The EIB launched two new programmes to boost private sector development in Georgia at a seminar in Tbilisi on 8 May: DCFTA Initiative East and InnovFin.
EIB introduces new financial support for SMEs in Georgia
Georgia
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09/05/2017
The European Investment Bank has launched two new programmes, developed jointly with the European Commission, to help private sector development in Georgia. It presented the programmes - DCFTA Initiative East (part of the wider EU4Business initiative) and InnovFin (EU Finance for Innovators) – at a high-level seminar under the EU4Business initiative in Tbilisi on 8 May. The event attracted around...