News/Press

German-Ukrainian Fund begins implementation of credit guarantee scheme for SMEs
Ukraine
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20/11/2017
On October 31, the Board of the National Bank of Ukraine approved the large ‐ scale ‘Restart Lending’ project, which includes the introduction of a new credit guarantees scheme for loans to small and medium-sized enterprises, which is supported by the German-Ukrainian Fund (GUF). To accelerate the implementation of the credit guarantee scheme, the GUF, in cooperation with its partner banks, will...
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...
Business Support Centre in Kyiv start operations in support of SMEs
Ukraine
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17/11/2017
A Business Support Centre last month started operations in the Ukrainian capital Kyiv, part of the EU4Business initiative of the European Union, supported by the European Bank for Reconstruction and Development (EBRD) . The Business Support Centre in Kyiv was established jointly with the EBRD at the Kyiv Chamber of Commerce and Industry, of which it is a subdivision. In May 2016, the EU4Business...
Head of the BRDO Construction sector Elena Shulyak
Ukraine: Better Regulation Office highlights poor standards in cement industry
Ukraine
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16/11/2017
Most of the cement produced in Ukraine fails to meet national standards of strength, in some cases actually five times below required standards and posing serious safety risks for buildings, according to the Better Regulation Delivery Office (BRDO), set up in Ukraine with the support of EU4Business and the FORBIZ project. Ways of addressing market regulation issues in the cement industry in...
EIB Group and Ukrgasbank to support €50 million of SME financing in Ukraine under EU4Business
Ukraine
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16/11/2017
The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – today signed a guarantee agreement with Ukrgasbank to support the equivalent of €50 million of lending to small and medium-sized enterprises (SMEs) in Ukraine. The agreement aims to facilitate access to finance for Ukrainian SMEs by providing a 70% guarantee for each loan granted by Ukrgasbank...
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Challenges and opportunities: East Export Forum gathers entrepreneurs in Kramatorsk
Ukraine
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10/11/2017
More than 160 entrepreneurs from Ukraine and beyond took part in the East Export Forum on 8 November, organised by the Kramatorsk Business Support Centre, supported by the EBRD within the framework of the EU4Business initiative. The First Secretary of the Trade and Economic Section of the EU Delegation to Ukraine, Joselin Gyuton, told participants how with the coming into force of the DCFTA, all...
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Tourism Forum in Sumy: how to develop potential in the region?
Ukraine
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10/11/2017
A Tourism Forum was held in the Ukrainian city of Sumy on November 9, aimed at assessing the prospects for creating ‘Sumy Tourism Cluster’ and better promoting the region online. The Forum was held at the congress centre of Sumy State University, organised by the Sumy Business Support Centre as part of the EU4Business initiative of the European Union, supported by the European Bank for...
Farming in focus at 2-day forum in Zaporizhzhya
Ukraine
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08/11/2017
More than 150 owners and managers of farming and food processing enterprises attended a two-day agricultural forum organised by the EU4Business initiaitive in Zaporizhzhya on November 1-2. The theme of the event was ‘Strengthening the capacity of farmers in small and medium sector through the development of horticulture and cultivation of new niche crops’. The Forum was organised by the Business...
Four Ukrainian startups attract investments from EU’s Horizon 2020
Ukraine
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08/11/2017
The European Union is funding four Ukrainian start-ups under the Horizon 2020 programme of research and innovation for a total of around €1.4 million. Since the beginning of Ukraine's participation in the Horizon 2020 programme, 323 contracts have been concluded with Ukrainian institutions, organisations, and enterprises for the implementation of 69 projects with funding of almost €12 million...
Speakers at the FORBIZ round-table on self-regulation in Ukraine
EU4Business round table: self-regulation can protect the rights of consumers
Ukraine
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08/11/2017
Self-regulation as a form of management and self-control of business associations significantly reduces administrative pressure on business and promotes higher standards of business activity, and hence better protection of consumers' interests, a round table organised by the EU4Business FORBIZ project recently heard. In Ukraine, legislation allows the creation of self-regulatory organisations (...