News/Press

EU4Business General Assembly: looking back on a decade of achievements and forward to the challenges ahead
The third meeting of the EU4Business General Assembly took place on 28 June 2019 in Brussels, and marked the 10th anniversary of the EU4Business Initiative. During this high-level event, the EU4Business Secretariat shared the results achieved during the last decade, as well as the progress made specifically in 2018. The 2019 General Assembly provided a unique opportunity for 83 participants,...
EU4Business prepares Moldovan fashion business to trade online
Nine Moldovan companies took part in a four-day training on e-commerce on June 10-13 in Chisinau, organised by the International Trade Centre (ITC) as part of the EU4Business ‘Ready to Trade’ project, in partnership with the ‘ZIPhouse’ Centre of Excellence and Acceleration in Design and Technologies. The purpose of the training was to provide apparel producers with strategic knowledge on how to...
The DCFTA Initiative East Guarantee Facility provides loans for SMEs
Five hundred and ninety loans have been issued for a total amount of €92 million in Georgia, the Republic of Moldova and Ukraine under the DCFTA Initiative East Guarantee Facility which is implemented by the European Investment Bank (EIB) together with the European Investment Fund (EIF), and benefits from financial support from the European Union under the EU4Business Initiative. The first...
The EU is releasing new funds for SMEs in Moldova
The European Bank for Reconstruction and Development (EBRD) and the European Union are providing €10 million in new financing for Moldova-Agroindbank (MAIB) and Victoriabank, following steps by Moldova ’s key lenders to achieve transparency of ownership and to restore corporate governance. The loans worth €5 million each are provided through the EU4Business-EBRD credit line and are accompanied by...
The OECD meeting in Chisinau
Two meetings have been held in Chisinau in support of SME development in Moldova, organised by the OECD in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. On 2 April, the working group of the project on ‘Supporting the implementation and monitoring of Moldova’s SME Development Strategy’ held its first working group meeting, followed on 4 April by an SBA Public-...
EFSE’s main target group is micro and small enterprises (MSEs) and low-income households
The European Fund for Southeast Europe (EFSE) has announced the expansion of its fund structure to promote lending in local currencies. Backed by a contribution of €44 million from the European Union’s EU4Business initiative, and €12 million from the German Federal Ministry of Economic Cooperation and Development (BMZ), the new ‘L-shares’ will be used to enhance local currency financing in the...
BusinessCool
The first phase of the ‘BusinessCool’ training programme for social entrepreneurs was completed with a final session on 15-17 February in Riscova, Moldova. Funded by the Entrepreneurship Academy of the European Fund for Southeast Europe (EFSE), the workshops were conducted by the local business support organisation EcoVisio at its training centre for social businesses and start-ups, as part of...
Over 40 people took part in the training
A two-and-a-half day workshop designed for banking supervisory staff was held in Chisinau between 5 and 7 December, as part of the EU4Business STAREP project on 'Strengthening Auditing and Reporting in the Eastern Partnership'. Speakers included senior staff from the World Bank’s Centre for Financial Reporting Reform, experts in accounting standards, as well as representatives of commercial banks...
EU Commissioner Hahn at the Business Forum with the EU4Business Secretariat’s team
The European Union has issued a strong message of support for economic growth and jobs in its Eastern Partner countries, during two high-level Eastern Partnership (EaP) events held in Vienna on 6 and 7 December. “ It’s our aim to export stability, prosperity and consequently resilience in the area of the economy, society but also policy,” Commissioner for EU Neighborhood Policy and Enlargement,...
Participants in the STAREP workshop in Vienna
A two-day workshop in Vienna on November 28-29 has brought together participants from three regional programmes – STAREP, EU-REPARIS, and PULSAR – which support enhanced financial reporting practices in the private and public sectors in the EU-Eastern Partnership countries and the Western Balkans. STAREP is an EU4Business programme on Strengthening Auditing and Reporting in the Eastern...