Success stories

With funding from Sweden and the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped Farma-Star Ltd., a woman-led network of pharmacies in Armenia, introduce a new human resources policy to increase employee performance and sales. The EBRD supported Farma-Star Ltd., a network of pharmacies in Yerevan and surrounding regions, to...
Interior café Garage Minsk
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped a network of Belarusian restaurants use business analytics and spur sales effectiveness. With funding from the European Union, the EBRD helped Café GARAGE, a local network of fast & casual restaurants to implement business intelligence (BI) system for...
Vegetable market.
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped Shuvar LLC, the first wholesale market for food and agricultural products in Ukraine, to introduce a smart energy strategy, reducing energy costs by 24% - amounting to EUR 90,000 in annual savings. The EBRD helped Shuvar to adapt to the volatile economic...
With funding from the European Union and Sweden, the EBRD helped Vestra to transform their clothing patterns development process and to grow their business, enabling them to create over 200 new patterns, to cut development time and to reduce fabric waste. The EBRD helped Vestra to transform their process for developing clothing patterns and to grow their business. Working with a local technology...
by Nina Tsintsadze The EBRD and the EU have helped a traditional brewery in Batumi, Georgia, upgrade its production and enhance quality to meet European standards. A beautiful seaside town with blue sky, a stony shore and surrounding mountains – over the past decade, the city of Batumi on Georgia ’s Black Sea coast has become a hotspot for travellers not only from neighbouring countries, but...
software company increases its business
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development helped ScienceSoft, a software producer from Belarus, to diversify its client base and to expand business through a merger, increasing turnover by 65% in one year. The EBRD helped ScienceSoft to almost double in size and to diversify its client base , as well as to overhaul...
Man at poultry farm.
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped an Azerbaijan-based poultry company get financing to expand operations. The EBRD helped Nabran-Qusculuq LLC, a poultry breeding company in Azerbaijan to develop a qualified business plan and to receive financing from the EBRD partner bank. Within a year of...
Medicine boost in Georgia
With funding from Sweden and the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped 23rd Policlinic of Treatment & Diagnostic Center LTD, a medical centre from Georgia, to receive ISO certification and expand operations. The EBRD helped 23rd Policlinic of Treatment & Diagnostic Centre LTD, a women-owned medical centre...
Oldcom’s manufacturing facilities
A Moldovan footwear manufacturer is growing its business substantially with help from the European Bank for Reconstruction and Development Advice for Small Businesses programme . Chisinau-based Oldcom SA has been able to open three new shops, increase revenues by 10%, launch 50 new items of footwear, and begin exporting to the neighbouring Ukrainian market – thanks to productivity improvements in...
A group of people sitting and standing around an oval desk
The distinctive feature of Belarus from other post-Soviet countries, united by the Eastern Partnership, is the dominant role of the state in almost all spheres, including the national economy. The basis of the national economy is controlled by state companies, and for a long time the private sector was given a secondary role. Zhanna Tarasevich, a co-chairman of one of the national business...