Success stories

Rostyslav Vovk, co-owner of Kormotech in Lviv, feeds House, his West Highland White Terrier
Ukraine
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A Ukrainian company from Lviv has become a leader in the domestic market and established export sales to more than 20 countries. The EBRD’s business advisory programme, with support from the EU4Business initiative, has helped it to become more sustainable. Angel the Bobtail, Martin the Yorkshire Terrier and Berry the Beagle were the new unusual employees coming to work at the head office of the...
Ukraine
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Entrepreneur Andriy Soroka is relaunching his father’s farming business. A business loan under the EU4Business programme helped him take an important step on this path. A pizza with snails, fried potatoes with snails. Farmer Andriy Soroka shows dishes prepared with his produce on the screen of his phone. An Argentine restaurant in Kyiv took five kilograms of chilled molluscs and made two dishes...
A Lviv entrepreneur founded a company supplying one of the most attractive markets in the world – the European Union. New equipment purchased with an EU4Business loan will allow her to increase deliveries by 15%. “Show us the most beautiful equipment,” we ask Lviv entrepreneur Nataliya Nichoga before a photo shoot at her production facility. “The most beautiful is the one that works. And all of...
Natalya Lukyanchenko, director and founder of the school
The ‘Stupeni’ (‘steps’) school in Odessa has received a grant from the EU to conduct an energy inspection, after the private Waldorf school applied to the EBRD’s Advice for Small Businesses programme. After modernising the heating system, the classrooms will be much warmer in winter, and the maintenance of the building will cost half a million hryvnyas less a year. Teenagers perched in the...
Olga Radinovich is the General Director of Reabilitimed, a Ukrainian manufacturer of orthopaedic and medical products. Her company had been wanting to invest in new equipment from Germany for two years when she heard on the radio about EU4Business SME loans through the German Ukrainian Fund (GUF). Under the programme, 50% of the nominal interest rate set by the loan agreement is compensated for...
SuperMagnit LLC is a Ukrainian company producing souvenirs for the tourist market since 2006. It started with just a few employees, but has considerably developed in recent years. The company recently took out a loan as part of the joint programme of the German-Ukrainian Fund and Kyiv City State Administration for the compensation of interest rates on Kyiv SMEs’ loans, implemented with the...
Volodymyr Hnatyuk
How Ukrainian company Yarych has become a leader in the domestic biscuits market, supported by expert advice Yarych Confectionery, located in the village of Staryiy Yarychiv near Lviv, can easily be detected by its strong, unusual odour. It smells of garlic and vanilla… at the same time. "This comes from the savoury crackers and the Maria biscuits" – the origin of the strange aroma is explained...
Hard work has allowed two Ukrainian businessmen to create a modern printing production. The new equipment will allow them to reach a whole new level Those who are running away from Ukraine surprise me. They say there are no opportunities here, well there is no better place in the world to achieve your potential!” Businessman Yaroslav Boychuk is enthusiastic when he talks about working in his...
Ukraine
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Thanks to new technological developments, Ukrainians are now able to use “mobile money”. The advent of this service, used worldwide, was made possible thanks to an improvement in the business climate supported by the Better Regulation Delivery Office (BRDO), financed by the European Union as part of the FORBIZ project. In Ukraine, almost 35% of the population of 16 million have no regular access...
Sitis is a Ukrainian company specialised in ‘1C’ enterprise control systems – a universal cloud and on-premise system for automating a company’s financial and wider operational activities. In this capacity, the company has acted both as a consultant for the European Bank for Reconstruction and Development’s (EBRD) business advisory service, and as a beneficiary of those same services,...