Success stories

EU4Business and EBRD help Litera Publishing House go online
Moldova
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22/03/2018
In an age dominated by information technologies, keeping people interested in reading is becoming a real challenge. Since books are still the best way of passing on knowledge, the only solution open to publishers is to move with the times and use the new virtual tools to add value to books. In the Republic of Moldova, the EBRD’s Advice for Small Businesses , which is financed by the European...
Ludmila Antonauskaya
Ludmila Antonauskaya: EU business support helping one woman from Belarus compete with international giants
Belarus
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21/03/2018
Ludmila Antonauskaya is a perfect example of someone defying the stereotype that women and business cannot go together. She runs several companies, is one of the TOP 100 successful businesspeople in Belarus (No. 65, but the top woman on the list), and has raised two children. Her main business – a holding company called Polimaster – is among the world leaders in the field of equipment for...
Baia Abuladze
Baia and Gvantsa: the winemakers turning a family tradition into a successful business
Georgia
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21/03/2018
“Winemaking had always been our family business, but we used to make it for ourselves and not for commercial purposes,” says Baia Abuladze, a 24-year old winemaker from Obcha village in the Bagdati Municipality. “Then it became an interesting job for the younger members of the family and we took steps to turn our family’s tradition into a business.” That business was Baia’s Wine. Launched in 2015...
From support to cooperation. A Ukrainian business woman who once received a business loan from the EU, now prepares to export to Europe
Ukraine
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12/03/2018
Thousands of Ukrainian entrepreneurs dream of becoming suppliers of large retail chains in order to have guaranteed business. Tetiana Yaremchuk managed this challenge, and is now working on delivering her products to the EU. Tetiana Yaremchuk meets the journalists at the station in the city of Dnipro, sitting at the wheel of a white jeep. Dodging numerous potholes, the diminutive businesswoman...
EBRD Advice for Small Businesses
The green shoots of growth in Georgia: hydroponic farming with EU support
Georgia
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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...
Ukraine’s answer to the challenge of better business environment
Ukraine
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30/01/2018
The ‘ Better Regulation Delivery Office ’ (BRDO) of Ukraine has been truly living up to its name – with its expert, dynamic approach, it has proven to be a catalyst for improving the business environment and delivering concrete regulatory results that has helped to stimulate economic growth and boost the investment climate. As an independent regulatory policy advising and delivery institution,...
Andriy Soroka
Andriy Soroka: building up his farm, thanks to EU4Business
Ukraine
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29/01/2018
Ukrainian farmer Andriy Soroka started out with a small plot, but over the years he has built up his farm to more than 300 hectares to become an independent producer with his own agricultural machinery and premises, reinvesting his income into the further development of the business. Now, with the help of EU4Business initiative, the German Government, which provided a loan through the German...
Ioseb Gadelia, founder of road construction company Indico
All roads lead to international trade
Georgia
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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...
Higher productivity and continuous improvement, with support from EU4Business
Ukraine
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05/01/2018
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped UBC Promo, a manufacturer of promotional materials from Ukraine, to introduce principles of ‘Lean Manufacturing’ into its production process, improving productivity by 89%. UBC Promo was founded in 2000. Initially employing only five people, the company...
New marketing approach unlocks export markets for Ukrainian IT firm
Ukraine
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05/01/2018
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped WebProduction, a Ukrainian IT company to develop an effective marketing strategy. After entering the Latvian, Belarusian and Kazakh markets with the new strategy, the company recorded a 180% increase in sales and 200% growth in turnover. WebProduction was...