Success stories

Georgia
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With funding from the European Union under its EU4Business initiative, EBRD Advice for Small Businesses team helped an animal feed producing company in Georgia introduce quality management system to further foster food safety standards and increase competitiveness at home and abroad. Nutrimax is a Georgian company nestled in the capital and which specialises in producing domestic animal feeds...
Supporting the growth of a leading fashion retailer in Belarus Andrey and Svetlana Serikov seem like an ordinary couple, but little do people know that they are actually two of the most influential people in the fashion industry in Belarus . So influential, in fact, that they have a medal for their contribution to the development of the retail sector in the country presented to them by its...
It all began in Rome with a cup of delicious, rich espresso. Sandro Beridze and Maka Komakhidze ­­– a young Georgian couple – became so fascinated with the culture and variety of Italian coffee drinking that they decided to bring part of it back to their homeland. It was the early 2000s and the coffee industry had yet to be developed back home. Georgian coffee lovers were not sufficiently...
Business and IT improvements prepare TAOR Karpaty for expansion Nestled in the Carpathian Mountains of Ukraine , the TAOR Karpaty lodge opened its doors to the public six years ago. Hiking, fishing and many more outdoor activities attract tourists and families seeking to escape their busy lives. “It’s time to return to nature – that’s our motto here,” explains hotel director Olena Sozanska. “Our...
With EU support, Belarusian start-up brings holographic images to the mass market Once considered the “Silicon Valley” of the Soviet Union, Belarus ’s technology industry is growing fast and winning worldwide recognition. More than 30,000 young designers and engineers are active on the tech scene in Minsk, a city of about two million. A great example of this flourishing talent is the work of...
EBRD and EU help a Georgian sock manufacturer to boost quality Georgia ’s Tiflistex believes in the power of funky socks. With its track record it is difficult not to. Three years ago, Giorgi Gachechiladze decided to launch his project on the outskirts of Tbilisi on what used to be a construction waste site. Manufacturing products “made in Georgia” was both his ultimate motivation and source of...
Mornings resemble a well-rehearsed choreography performance at the Imereti Greenery, a greenhouse nestled in the small city of Samtredia, western Georgia . Two groups of workers at opposite ends of a large water basin plant and harvest lettuce with perfect synchrony. The Imereti Greenery does not look like a typical greenhouse in the morning, or at any other time of the day: lettuce, tomatoes and...
EBRD and donors support cinema chain’s development Not every cinema in Belarus can boast having authentic American popcorn, Danish snacks, and Finnish candy, but Belarus’s Silver Screen is no ordinary cinema. Silver Screen is a network of cinemas in the country which is reinventing the big screen experience. It launched six years ago when its founders found a niche that could be filled in the...
Georgia
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EBRD and EU help Georgian wine makers expand at home and abroad Autumn is the busiest season of the year in Kakheti, the main wine-making region of Georgia . Early in the morning farmers and their families rush to the vineyards to pluck ripe grapes from the vine, while trucks deliver the fruit to processing factories. The harvest is a time for both hard work and celebration for everyone in rural...
eSwap: artificial intelligence to manage online sales
The start-up ecosystem in landlocked Armenia generates high value companies in a country with highly intelligent human capital. The eSwap start-up with its enthusiastic team of Gyumrians, inhabitants of the second largest city of Armenia, provides a multi-channel ecommerce management tool with a cutting edge innovation – integrated artificial intelligence, thanks to the assistance of the European...