News/Press

New local currency loans available to Ukrainian SMEs, thanks to EU4Business
Ukraine
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29/11/2017
Small and medium-sized enterprises (SMEs) in Ukraine now have access to a range of loans in Hryvna, offered by local banks under the EU4Business initiative, in partnership with European Financial Institutions. The new loan opportunities, which have become available following a series of agreements signed with local banks in the past few weeks, are all part of the second phase of the EU4Business...
Eastern Partnership Summit steps up business support pledges
28/11/2017
The 5th Eastern Partnership Summit took place in Brussels on 24 November, marking the achievements of the last two years in the EU's relationships with its six Eastern partners, while looking forward to implementing 20 deliverables by 2020 that will bring tangible benefits to citizens, including significant pledges in the area of business support. The Summit brought together Heads of State or...
SME events and trainings across Ukraine: plan ahead for December
Ukraine
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28/11/2017
A number of EU4Business events and trainings, funded by the EU, will be taking place in towns and cities across Ukraine in December, targeted at small and medium-sized enterprises (SMEs). They include a number of business forums and conferences around issues ranging from tourism to green economy. Check out the events near you and make sure you register for participation. There are also several...
The conference hosted by the Business Support Centre in Kyiv
Taking business to a new level: SME managers take part in conference in Kyiv
Ukraine
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28/11/2017
A number of SME managers took part in a recent EU4Business conference in Kyiv, where they considered the development of their company and ways to take their business to a new level. The open event took place on November 22, at the Kyiv Business Support Centre, with EBRD support under the EU4Business initiative. Leading experts in strategic management, marketing and public relations, as well as...
Participants in the keys to financial management training
Sumy training delivers secrets of financial management to women in business
Ukraine
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27/11/2017
A training was recently held in Sumy for women in business, entitled ‘Keys to Financial Management’, organised by the Business Support Centre of Sumy, with EBRD support under the EU4Business initiative funded by the European Union. The course is specifically designed for female entrepreneurs, and consisted of two training sessions, with a break between them, so that participants have time to...
The event took place in Lviv, an IT industry hub in Ukraine
Under stable tax conditions, Ukrainian IT industry could double by 2020
Ukraine
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27/11/2017
The IT industry in Ukraine has a huge potential for growth, but instability of tax regulation, lack of specialists and a number of regulatory barriers are constraining the development of the industry. Ways of overcoming these barriers were discussed on November 23 by representatives of the government, IT-business and academics during a roundtable in Lviv on regulation of the software development...
2017 Eastern Partnership Summit: Stronger together
24/11/2017
Brussels, 24 November 2017 The 5th Eastern Partnership Summit took place today in Brussels. It was a moment to celebrate the achievements of the last two years in the EU's relationships with its six Eastern partners, and to look forward to implementing 20 deliverables by 2020 that will bring tangible benefits to citizens. The Summit, held at the level of Heads of State or Government, brought...
EUROCHAMBRES calls for greater efforts to improve business climate in Eastern Partnership region
23/11/2017
On the eve of the 5th Eastern Partnership (EaP) summit in Brussels, EUROCHAMBRES – the Association of European Chambers of Commerce and Industry and a key partner of the EU4Business initiative in the East Invest programme – has called for a strong political engagement of the European Union in the EaP countries, and underlined the importance of further economic reforms, development of the private...
GUF and Ukrgasbank expand financing support for Ukrainian SMEs
Ukraine
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23/11/2017
Ukrgasbank will start lending to Ukrainian small and medium-sized enterprises (SMEs) at a rate of 15% per annum in hryvnia, following an UAH 81 million agreement signed between the German-Ukrainian Fund (GUF) and Ukrgasbank on 23 November. The agreement is part of the German government’s SME Support Programme, which runs in conjunction with the EU-funded EU4Business initiative that provides funds...
The EBRD is working with ProCredit Bank
EBRD develops local currency lending for SMEs in Ukraine under EU4Business SME Finance Facility
Ukraine
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22/11/2017
The European Bank for Reconstruction and Development is providing fresh funds to develop local currency lending and SME support mechanisms in Ukraine under the EU4Business initiative. The use of local currency gives greater comfort to potential borrowers, who will not be exposed to foreign exchange risks. The EBRD is providing a four-year local currency loan in Hryvnia (UAH) worth US$ 25 million...