News/Press

The Georgian juice and tea booth at Sial Paris 2018
Georgian companies attend Paris food fair leading to orders worth €4 million
Georgia
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12/11/2018
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...
Global Entrepreneurship Week Belarus
Global Entrepreneurship Week kicks off in Belarus
Belarus
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12/11/2018
Global Entrepreneurship Week (GEW Belarus) kicks off today in Belarus until 18 November, a key event for entrepreneurs and start-ups in the country, co-organised for the fourth year by the Development Bank of the Republic of Belarus. This year the events of the week will be held with the support of the Government of Belarus and will be aimed at creating and shaping a favourable business...
At work in the Gyumri Technology Centre
Youth of Gyumri prove their talent in IT sector, with the help of EU4Business
Armenia
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08/11/2018
Many young people from Gyumri in Armenia’s Shirak region see their future in the sector of information technologies (IT), and the Gyumri Technology Centre (GTC) – developed with the help of EU4Business – is exactly what they seek. The GTC is an inspiring example for other regions of Armenia. In October 2017, an IT incubation laboratory was opened in the centre as part of the ‘ Boosting...
Ludi Batumuri brewery
EU ambassador visits Batumi brewery upgraded with support of EU4Business loan
Georgia
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07/11/2018
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...
Giovanni Vaccari, Project Manager of the EU4Business-EBRD Credit Line in Moldova
EU4Business-EBRD Credit Line presents funding opportunities at Moldova energy efficiency workshop
Moldova
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07/11/2018
The EU4Business-EBRD Credit Line in Moldova recently participated in a workshop on ‘Energy Efficiency Financing Tools’, organised by the Energy Efficiency Agency in Chisinau. The event was organised during Moldova Eco Energetics Days, which took place in Chisinau from 15-18 October, and was attended by national and international experts who presented the financing mechanisms available in the...
Irina Coroi-Jovmir, Deputy CEO of ProCreditBank Moldova, with Alain Pilloux, EBRD Vice President, Banking
New EBRD loan to help Moldovan businesses trade with EU
Moldova
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06/11/2018
Small businesses in Moldova will be able to upgrade their operations to European Union (EU) standards with a new €10 million loan provided by the EBRD to ProCreditBank Moldova, the country’s fifth-largest lender by loan portfolio. The funds are provided within the EU4Business-EBRD credit line, to which the EU provides grant funding under its EU4Business initiative. The funds will be available for...
EU Head of Delegation in Belarus Andrea Wiktorin
EU to support two new business development projects in Belarus
Belarus
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06/11/2018
The European Union is ready to assist Belarus in developing the private sector of the economy, the Head of the EU Delegation to Belarus Andrea Wiktorin told the media on the sidelines of the KEF Economic Forum in Minsk on 6 November. “We are ready to support Belarus in the areas which the country will designate, for example, in the development of the private sector,” Andrea Wiktorin said...
EU bank steps up support to SMEs in Armenia
Armenia
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06/11/2018
The European Investment Bank (EIB) is lending €50 million to the Central Bank of Armenia to finance projects implemented by small and medium-sized enterprises (SMEs) and mid-caps in the country, particularly in the areas of agri-food processing and tourism. The Central Bank of Armenia will channel the EIB funds to beneficiaries (mainly SMEs) through a range of eligible financial intermediaries,...
frozen berries
Ukrainian berry companies take part in Paris trade fair with EU4Business support
Ukraine
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05/11/2018
A group of Ukrainian SMEs from the berry sector took part in the Salon International de l’Agroalimentaire (SIAL), an international food exhibition in Paris, from 21-25 October 2018. The visit was organised as part of the EU-funded project, ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’, implemented by the International Trade Centre (ITC). The selected beneficiaries also had the...
Ukraine sets up SME Development Office with EU support
Ukraine
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05/11/2018
Ukraine has launched the Small and Medium-Sized Enterprise Development Office, set up with the support of the European Union under its EU4Business initiative. Operating as an advisory body within the Ministry of Economic Development and Trade of Ukraine (MEDT), the SME Development Office (SMEDO) is to become the main institution in charge of entrepreneurship promotion, acting as key engine for...