Success stories | Page 4

The green shoots of growth in Georgia: hydroponic farming with EU support

Georgia

02/02/2018

Growing Georgian vegetables by employing the latest European technologies – this is the motto of Imereti Greenery, a Dutch-Georgian enterprise located in western Georgia, which has benefited from EU support for its development under the EU4Business initiative, seeing production and profits soar as a result. Since its establishment, the enterprise has been gradually expanding its greenhouse...

Ioseb Gadelia, founder of road construction company Indico

All roads lead to international trade

Georgia

23/01/2018

“When you live in Senaki – a small town of nearly 40,000 inhabitants – you pretty much know who is who around [town]. Here we share joy and sorrow, and while some might consider that small-town life offers limited opportunities, I think the family spirit of a close-knit community helps us overcome economic difficulties and stand strong,” says Ioseb Gadelia, founder of road construction company...

Teimuraz Meqvevrishvili is proud of the quality of his oil

Oiling the wheels of entrepreneurship in Georgia

Georgia

20/12/2017

“When you go into business on your own, you tend to make do with what you have and see credit more as a risk. I think that is a healthy approach in the beginning. But there comes a time when taking out a loan becomes an opportunity,” says Teimuraz Meqvevrishvili, who borrowed from Bank Republic to invest in his buisness, with support made available under the European Fund for South East Europe (...

Confidence comes from conviction: how EU4Business helped Ioseb grow his business

Georgia

19/12/2017

“The ability to access credit is something you first have to earn. At least that’s how I see it. You want to have everything in place first, like your business, your people, and a good reputation," says Ioseb Tsotsolashvili who has managed to grow his business with support made available under the European Fund for South East Europe (EFSE), and EU4Business . “I can’t help but smile when people...

Preparing Georgian SMEs for exporting to the EU

Georgia

22/11/2017

EU4Business helps DCFTA Information Centre provide Georgian SMEs with knowledge of EU market requirements Later this month, the EU4Business project “SME Development and DCFTA in Georgia” will mark one year since the signing of a Memorandum of Understanding (MoU) with the Georgian Chamber of Commerce and Industry (GCCI). The MoU laid the groundwork for cooperation on development of the Chamber’s...

EBRD advisory services have transformed the fortunes of AISI LTD

Business advice transforms Georgian car rental firm

Georgia

09/11/2017

With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), the company representing AVIS car rentals in Georgia has turned around its business, transforming its web presence and more than doubling sales. AVIS was the first company to rent cars at airport locations, back in 1946 in Detroit. Today, visitors arriving at Tbilisi, Batumi and Kutaisi international...

EBRD advisory services have helped Gurieli Tea to introduce quality standards to further reinforce its brand position for export

Going global: EU and EBRD support Georgian companies in their export ambitions

Georgia

08/11/2017

Agroland, a small processing factory in western Georgia, plays an important role in promoting locally grown agricultural products. The family-run business brings aromatic bay leaves from beautiful Georgian villages with sometimes hard-to-pronounce names to the kitchens of European and global consumers. “Our suppliers are mainly farmers from neighbouring villages,” says the owner, Aleksandre...

With EU4Business help, Georgian companies expand their business

Georgia

30/10/2017

Most businesses in Georgia are small and medium-sized enterprises (SMEs), accounting for 94% of businesses and 43% of all jobs. Yet they contribute only 18% to the country’s GDP, meaning there is significant room for growth if ways are found to unlock and tap into their potential. Both the Georigan government and the European Union realise what is at stake, which is why the EU has set support for...

Supporting free trade with the EU in Georgia

Georgia

21/09/2017

EBRD and EU help modernise Georgian businesses Georgia is home to more than 60,000 hazelnut growers. Its traditional cuisine abounds with recipes featuring the product, such as churchkhela , a popular nut and grape corner snack. For farmers and producers, bringing their produce to the table of Estonians, Danes and the Spanish is vital to continue to grow, create jobs and spur further economic...

With EU4Business help, Georgian tea-producing company modernises and expands

Georgia

01/09/2017

With funding from the European Union under the EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) helped Geoplant, a tea-producing company in Georgia, expand into a one-stop-shop for the entire tea production process. Founded in 1996, “Geoplant” Ltd . is currently the largest tea-producing company in Georgia. The company owns tea plantations and primary factories...