News/Press

Team Europe: EIB and ProCredit to support faster recovery of SMEs from COVID-19 in Georgia, Moldova and Ukraine with €55 million
Team Europe: EIB and ProCredit to support faster recovery of SMEs from COVID-19 in Georgia, Moldova and Ukraine with €55 million
21/12/2020
Luxembourg/Frankfurt, 21 December 2020 The EU bank and ProCredit are creating three credit lines worth €55 million to support the recovery of SMEs from the COVID-19 pandemic in Georgia, Moldova, Ukraine. Credit lines will be available at ProCredit Group in Georgia (€10 million), Moldova (€20 million) and Ukraine (€25 million). The operation is a part of the Team Europe’s COVID-19 emergency...
Team Europe: EIB and ProCredit to support faster recovery of Ukraine`s SMEs from the COVID-19 crisis with €25 million
Team Europe: EIB and ProCredit to support faster recovery of Ukraine`s SMEs from the COVID-19 crisis with €25 million
Ukraine
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21/12/2020
Luxembourg / Frankfurt, 21 December 2020 EIB and ProCredit Group create a €25 million credit line for the recovery of SMEs and midcaps from the COVID-19 pandemic in Ukraine. EIB and ProCredit Group agree on similar credit lines in Georgia (€10 million) and Moldova (€20 million), bringing the total support to companies to €55 million The operation is part of the Team Europe’s COVID-19 emergency...
Asia Fruit Logistica ON brings bonuses for Ukrainian berry growers: 3 days, 30 meetings, importers from 12 countries
Ukraine
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30/11/2020
On November 18-20, 2020, six Ukrainian berry exporters took part in the Asia Fruit Logistica ON international exhibition, sponsored by the ITC “Eastern Partnership: Ready to Trade – an EU4Business Initiative” project and the Ukrainian Berries Association. The virtual format of the event united thousands of exhibitors of fresh produce with buyers and sellers from all over the world. The project...
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...
EU4Business Launches New Portal as Part of 2020 European SME Week in Ukraine
Ukraine
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11/11/2020
On 10 November 2020, the new EU4Business web portal marks the opening of the 2020 European SME Week in Ukraine. The renewed portal is a convenient tool that covers the numerous opportunities offered by the European Union for business development in Ukraine, in particular to help Ukrainian small and medium-sized enterprises withstand the economic challenges of the COVID-19 pandemic. “The EU is...
EU provides €105 million to Ukraine to support SMEs, small farms and implementation of reforms
EU provides €105 million to Ukraine to support SMEs, small farms and implementation of reforms
Ukraine
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16/07/2020
Three new financing agreements between the European Union and Ukraine were signed on 13 July, in a €105 million package to support Ukrainian small and medium-sized enterprises (SMEs), agriculture and small farm development and Ukrainian public authorities in the implementation of key reforms. These programmes will also contribute to the mitigation of the socioeconomic impact of COVID-19 and...
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...
EU4Business supports analysis of COVID-19 impact on tourism sector in Ukraine
Ukraine
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01/07/2020
The EU and the European Bank for Reconstruction and Development have teamed up to offer emergency support and recommendations for Ukraine’s tourism industry, which has been badly affected by the COVID-19 pandemic. The analysis, supported by the EU4Business initiative, looked at implications for the sector, which employs around 1 million people and contributes to around 9% of GDP in Ukraine . The...
Ukrainian berry producers participate in the world-renowned online trade fair
30/06/2020
Over 50 Ukrainian berry companies presented their products at the American world-renowned trade fair United Fresh LIVE! as part of “Eastern Partnership: Ready to Trade – an EU4Business initiative”. For the first time in its history, the fair was held on a virtual online platform. Ukrainian entrepreneurs formed the International Trade Centre projects' joint delegation and presented Ukraine at the...