Success stories

When Andriy Zavalnyuk, and his wife and business partner Julia, from Ukrainian furniture distributor Meblevi Technologii approached the EBRD for help building a new website, they were in for a surprise. The bank’s Advice for Small Businesses team suggested that what they really needed was a reorganisation of the company. The results were immediately impressive. An eight-month project to make its...

by Nina Tsintsadze With joint EBRD and EU credit line, Fashion House Materia tailored its business to meet EU standards “Materia” means fabric in Georgian, without doubt a winning name for a fashion house based in Tbilisi. The local brand offers its customers the premium clothing line Materiel and more affordable products under the Dots line. The company also works closely with the government of...

Domen Druk , a printing and packaging company from Ukraine, has managed to boost its export sales, enter four new markets and increase turnover by an impressive 30%, following EBRD efforts backed by funding from the European Union (EU) under the EU4Business Initiative. By penetrating new international export markets and producing positive business results, this EBRD project has helped Domen Druk...

With funding from the EU, the European Bank for Reconstruction and Development (EBRD) helped a Belarussian clothes manufacturer develop brand strategy and expand its own retail chain, increasing sales by 30%. The company, Mark Formelle , established in 2009, designs, produces and distributes cotton garments, sleepwear, underwear and other specialty clothing such as thermal wear. Despite rapid...