News/Press

The event took place in Lviv, an IT industry hub in Ukraine
The IT industry in Ukraine has a huge potential for growth, but instability of tax regulation, lack of specialists and a number of regulatory barriers are constraining the development of the industry. Ways of overcoming these barriers were discussed on November 23 by representatives of the government, IT-business and academics during a roundtable in Lviv on regulation of the software development...
The Prime Minister of Belarus Andrei Kobyakov addressing the forum
The Belarusian-European investment forum – ‘Belarus. Invest in Tomorrow’ – took place in Luxembourg on 27 October, brining together around 200 European businessmen, as well as government and business delegations from Belarus. Among the participants were the Ministry of Economy of Luxembourg, the Luxembourg Bankers' Association, the Luxembourg Association of Investment Funds, the Innovation and...
A networking event was recently held with the support of an EU-funded project to support the exchange of experience and ideas between returning Moldovan migrants who want to start a business or develop their existing business, and entrepreneurs and service providers in the country. The event was organised by the International Organisation for Migration (IOM) in partnership with JCI Moldova (...
Deputy Prime Minister Octavian Calmac addressing the event
An SME conference was recently held in Chisinau, bringing together some 350 entrepreneurs and representatives of national and local authorities and business support organisations. This year, the 10th International Conference of SMEs was titled ‘Intelligent Specialisation, the Engine of Economic Growth of the Regions of the Republic of Moldova’. The objectives of the conference included presenting...
Brussels, 24 November 2017 The 5th Eastern Partnership Summit took place today in Brussels. It was a moment to celebrate the achievements of the last two years in the EU's relationships with its six Eastern partners, and to look forward to implementing 20 deliverables by 2020 that will bring tangible benefits to citizens. The Summit, held at the level of Heads of State or Government, brought...
On the eve of the 5th Eastern Partnership (EaP) summit in Brussels, EUROCHAMBRES – the Association of European Chambers of Commerce and Industry and a key partner of the EU4Business initiative in the East Invest programme – has called for a strong political engagement of the European Union in the EaP countries, and underlined the importance of further economic reforms, development of the private...
Ukrgasbank will start lending to Ukrainian small and medium-sized enterprises (SMEs) at a rate of 15% per annum in hryvnia, following an UAH 81 million agreement signed between the German-Ukrainian Fund (GUF) and Ukrgasbank on 23 November. The agreement is part of the German government’s SME Support Programme, which runs in conjunction with the EU-funded EU4Business initiative that provides funds...
The EBRD is working with ProCredit Bank
The European Bank for Reconstruction and Development is providing fresh funds to develop local currency lending and SME support mechanisms in Ukraine under the EU4Business initiative. The use of local currency gives greater comfort to potential borrowers, who will not be exposed to foreign exchange risks. The EBRD is providing a four-year local currency loan in Hryvnia (UAH) worth US$ 25 million...
The invitation to the National Women's Entrepreneurship Gala
The Small and Medium Enterprise Development Organisation (ODIMM), in partnership with the National Women's Platform of Moldova, has launched its annual contest to reward the best women entrepreneurs in the Republic of Moldova. The deadline for entries is 22 November. The contest aims to identify and recognise the most talented and successful women in business, who have achieved remarkable results...
Moldova
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A new EU-funded project to support SMEs in Moldova will be launched in 2018, Deputy Prime Minister, Minister of Economy and Infrastructure, Octavian Calmic has announced, according to the NOI.md website. Calmic made the announcement at a meeting with local officials and stakeholders in the Cantemir District, where they discussed local infrastructure projects, support for SMEs in rural areas, and...