News/Press

Belarus ‘leads the way’ in digital economy
Belarus
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21/11/2017
Belarus is one of the leaders among the Eastern Partnership countries in the digitisation of its economy, Dirk Schuebel, the head of division for bilateral relations with Eastern Partnership countries at the European External Action Service, has told the Minsk Forum, the BelTA news agency reported. “Belarus is one of the leading countries, one of the driving forces in the development of this area...
The invitation to the National Women's Entrepreneurship Gala
Rewarding the best women entrepreneurs in Moldova
Moldova
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21/11/2017
The Small and Medium Enterprise Development Organisation (ODIMM), in partnership with the National Women's Platform of Moldova, has launched its annual contest to reward the best women entrepreneurs in the Republic of Moldova. The deadline for entries is 22 November. The contest aims to identify and recognise the most talented and successful women in business, who have achieved remarkable results...
New project to support SMEs in Moldova
Moldova
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21/11/2017
A new EU-funded project to support SMEs in Moldova will be launched in 2018, Deputy Prime Minister, Minister of Economy and Infrastructure, Octavian Calmic has announced, according to the NOI.md website. Calmic made the announcement at a meeting with local officials and stakeholders in the Cantemir District, where they discussed local infrastructure projects, support for SMEs in rural areas, and...
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...
Strategic Roadmap for development of logistics and trade in Azerbaijan
Azerbaijan
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16/11/2017
Azerbaijan has published a strategic roadmap for the development of trade and logistics, setting short, medium and long-term policy directions for economic development, but also defining a series of strategic priorities and actions to achieve those objectives. Azerbaijan’s vision in logistics and trade by 2020 is to achieve the creation of added value for regional transit freight, in addition to...
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...
EIB open to finance infrastructure and private sector projects in Belarus
Belarus
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13/11/2017
The European Investment Bank (EIB) and the Republic of Belarus have endorsed the financing by the EIB of key infrastructure projects in Belarus, including the upgrade of a number of connectivity projects between the country and its EU neighbours. The EIB activities in Belarus were discussed by the EU bank’s Vice-President and Member of the Management Committee, Alexander Stubb, and the Belarus...