News/Press

3rd Working Group meeting on the project “Supporting the Implementation and Monitoring of Azerbaijan’s SME Roadmap”
Azerbaijan SME roadmap: improving SME access to alternative finance and increasing participation in global value chains
Azerbaijan
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04/10/2018
The OECD held the third Public-Private Working Group meeting of the project on ‘Supporting the implementation and monitoring of Azerbaijan's SME roadmap’ in Baku on 26 September. The project is part of the broader ‘ EU4Business: From Policies to Action ’ programme implemented by the OECD across the Eastern Partnership and funded by the EU in the framework of its EU4Business initiative. The...
Training for textile SMEs
EU4Business holds trainings to strengthen textile sector in Armenia's northern regions
Armenia
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02/10/2018
A number of trainings have been held for textile SMEs in the northern regions of Armenia, in the framework of the EU4Business initiative to support private sector development across the Eastern Partnership region. The trainings were organised by the project ‘ Textile for a sustainable economic development of the northern regions of Armenia’ , implemented by the Gegharkunik, Shirak and Lori...
Round table on Milk Market Regulation
BRDO: 88% of provisions of Law On Milk are defective and prevent market development
Ukraine
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02/10/2018
Development of the Ukrainian milk market is being held back by defective regulation, a round table organised by the Better Regulation Delivery Office (BRDO) has heard. Ukraine ranks 9 th in the world in terms of milk production, representing more than a third of gross livestock production. In 2017, the country produced 10.3 million tons of milk, 2.5 times less than production volumes in France (...
EIB supports hundreds of small and medium-sized businesses and water projects in Georgia
EIB supports hundreds of SMEs in Georgia with €30 million loan to TBC Bank
Georgia
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27/09/2018
The European Investment Bank (EIB) has agreed to lend €30 million to TBC Bank, the largest bank in Georgia, in order to broaden the access to finance of Georgian small and medium-sized enterprises (SMEs), which represent more than 90% of companies active in the country. The EIB funds will be provided in the framework of the European Union’s EU4Business initiative, designed to support SMEs in the...
EU Ambassador Piotr Świtalski
New business opportunities discussed for EU-Armenia trade
Armenia
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26/09/2018
Armenia and the EU today discussed new opportunities for Armenian and European businesses deriving from the EU-Armenia Comprehensive and Enhanced Partnership Agreement (CEPA). Organised by the country’s Ministry of Economic Development and Investments, together with the European Commission’s Directorate-General for Trade, the event gathered EU and Armenian officials and representatives of the...
Startup Boost Weekend
Startup Boost Weekend promotes entrepreneurship skills among young Armenians
Armenia
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20/09/2018
The Startup Boost Weekend, a unique 54-hour event targeting around 120 university students not only from Yerevan but from various marzes of Armenia, took place from 14-16 September, providing participants with the opportunity to define and shape their startup ideas, develop teams, and under the supervision of experienced mentors present fresh and creative startup ideas. For the second year now,...
Training on product listing in Azerbaijan
Ready to Trade: follow-up training on online product listing in Azerbaijan
Azerbaijan
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18/09/2018
Following up on a first workshop on product listing in May this year, a second workshop was held in Baku at the end of August, as part of the recently launched EU4Business ‘ Ready to Trade ’ project, which aims to increase the competitiveness of SMEs from Azerbaijan and other Eastern Partnership countries, and to improve access to a more global market, with a particular focus on the European...
Meliora Responsible Business Awards
Georgia: apply now for Responsible Business Awards
Georgia
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18/09/2018
Companies in Georgia have until 10 October to enter the 2018 Meliora Responsible Business Awards , an annual Corporate Social Responsibility Excellence Contest organised as part of the EU-funded ‘Georgian Civil Society Sustainability Initiative’. The contest is organised in collaboration and with the support of various business associations and aims to promote responsible business conduct in...
At work in a textile factory in Moldova
Two new business clusters launched in Moldova with EU support
Moldova
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17/09/2018
Two new business clusters have been launched in the southern and northern regions of the Republic of Moldova, with the support of the European Union. They concern creative industries in Cahul and textile companies in Soroca, and offer the opportunity to bring businesses together to develop joint projects. The creation of the two clusters was carried out by the Organisation for the Development of...
In the Grovf offices in Yerevan
Armenian start-up supported by EU4Business selected for EU funding under new SME instrument
Armenia
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14/09/2018
Grovf – an Armenian start-up supported by EU4Business and engaged in the Internet of Things (IoT) and database hardware acceleration – is one of two SMEs in the Eastern Partnership region, selected for funding under the first phase of the European Innovation Council’s (EIC) pilot of its SME Instrument. The second company – Raccoon Technologies – is from Ukraine. The company produces Raccoon...