Success stories

EU grant helps put beekeeping family business on track
Moldova
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13/10/2020
Coming from Sipka, a village on the left bank of Dniester River, Natalia Porhun came back from a trip to Italy impressed by the descendants of a family that has owned its own business for several generations. Returning home, she decided to change her life completely, giving up on her 14-year career in telecoms to become owner of a honey-making business. Her personal aspirations had never had much...
Helping small food producers in Moldova to integrate into global supply chains
Moldova
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06/08/2020
With OECD support provided under the EU4Business initiative, Moldovan food producers will increase their capacity to work with international supermarket chains and access global markets. The food processing sector plays a key role in Moldova ’s economy, accounting for more than a third of production and a quarter of employment in the manufacturing sector. It also enjoys an expanding and nearby...
EBRD and EU help Moldova's Ponti diversify its sales strategy
EBRD and EU help Moldova's Ponti diversify its sales strategy
Moldova
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15/06/2020
Harnessing the full power of online textiles during coronavirus pandemic It is always the smallest things that make the biggest difference. The right colour of socks can create a winning outfit, a fluffy cushion can add cosiness to a couch and elegant napkins can turn a simple dinner table into a sophisticated setting. This philosophy has been the driving force behind Ponti’s three successful...
EBRD-EU4Business credit allows local clothing brand to grow
Moldova
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24/01/2020
VASCONI is a Moldovan clothing brand that has been able to expand thanks to a loan provided by the EBRD under the EU4Business Initiative. The company received a €20,000 line of credit that has helped transform the company over several years into a modern, technologically savvy business with 114 employees. Recent years have seen Moldova’s light industry grow steadily. We’re discovering brand names...
The EU and EBRD are supporting small businesses in Modova
EBRD and EU help a Moldovan roof manufacturer to expand
Moldova
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22/04/2019
Designing and building one’s own house is a dream for many, but with millions of decisions to make, the dream can soon turn into a nightmare. “The roof is your first line of defence against snow, rain, hail, heat. A stress-free experience is what Roof Art offers its clients,” Ilarion Ursu, the CEO of Moldova ’s RoofArt explains during a perfect elevator pitch. “When roofing your house, there are...
Fruit Garden of Moldova
Harvesting the potential of Moldova's SMEs
Moldova
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22/01/2019
Getting the finance to start or develop any small or medium-sized enterprise can be tough at the best of times. In Moldova, it can be especially hard. But are things changing? Business Planet visited Soroca, in the north of the country, to see how farms are benefiting from a special European initiative. AMG Kernel is Europe's biggest walnut farm. It covers 750 hectares and exports nearly 80...
Rodion Sobchenko, administrator of Riomax-Prim
Sea buckthorn: the Moldovan farm investing in an extraordinary ‘super fruit’ – with help from the EIB and EU4Business
Moldova
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10/10/2018
The nutritional and medicinal value of sea buckthorn – a flowering shrub that produces compact orange fruit – has been known in Europe for generations. Yet despite its growing reputation as a “super fruit”, particularly beneficial for treating skin disorders, until now, there were no producers in the Republic of Moldova able to deliver industrial quantities of this curative product. “The thought...
Apricots are among the fruit grown on Constantin Andriuţă's farm
Investing for growth: loan for post-harvest infrastructure transforms Moldovan fruit farms
Moldova
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10/10/2018
Constantin Andriuţă from the village of Şeptelici near Soroca has always been successful in agricultural business. Since graduating in agribusiness in 1996, his business has grown and he has succeeded in diversifying his crops, with a particular focus on horticulture. He planted apple, pear, apricot, cherry, walnut and peach orchards, eventually joining up with four other agricultural enterprises...
manager of Biox Comerţ, Roman Balan
Investing in technology: a boost for SME development, and quality of life
Moldova
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27/08/2018
Although the Small and Medium-sized Enterprise (SME) sector is promising in the Republic of Moldova, the lack of investment is making it uncompetitive, and this means the economic growth that could be generated by the private sector is yet to materialise. Interest rates on commercial loans offered by banks are far too high for small businesses, and the repayment terms are too short, so the...
EU4Business-EBRD credit line helps tile producer Keramo Rosso to reach out to EU market
Moldova
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14/06/2018
Whether in restaurants, our kitchens and bathrooms or large-scale businesses, tiles are everywhere in our daily lives. Chinese producers have discovered this opportunity and taken a significant market share in recent years. But European consumers have other options closer to home. Keramo Rosso produces its ceramic tiles in Taraclia, southern Moldova, in a factory which employs about 150 employees...