News/Press

Round table on Milk Market Regulation
Development of the Ukrainian milk market is being held back by defective regulation, a round table organised by the Better Regulation Delivery Office (BRDO) has heard. Ukraine ranks 9 th in the world in terms of milk production, representing more than a third of gross livestock production. In 2017, the country produced 10.3 million tons of milk, 2.5 times less than production volumes in France (...
EIB supports hundreds of small and medium-sized businesses and water projects in Georgia
The European Investment Bank (EIB) has agreed to lend €30 million to TBC Bank, the largest bank in Georgia, in order to broaden the access to finance of Georgian small and medium-sized enterprises (SMEs), which represent more than 90% of companies active in the country. The EIB funds will be provided in the framework of the European Union’s EU4Business initiative, designed to support SMEs in the...
EU Ambassador Piotr Świtalski
Armenia and the EU today discussed new opportunities for Armenian and European businesses deriving from the EU-Armenia Comprehensive and Enhanced Partnership Agreement (CEPA). Organised by the country’s Ministry of Economic Development and Investments, together with the European Commission’s Directorate-General for Trade, the event gathered EU and Armenian officials and representatives of the...
Startup Boost Weekend
The Startup Boost Weekend, a unique 54-hour event targeting around 120 university students not only from Yerevan but from various marzes of Armenia, took place from 14-16 September, providing participants with the opportunity to define and shape their startup ideas, develop teams, and under the supervision of experienced mentors present fresh and creative startup ideas. For the second year now,...
Training on product listing in Azerbaijan
Following up on a first workshop on product listing in May this year, a second workshop was held in Baku at the end of August, as part of the recently launched EU4Business ‘ Ready to Trade ’ project, which aims to increase the competitiveness of SMEs from Azerbaijan and other Eastern Partnership countries, and to improve access to a more global market, with a particular focus on the European...
Meliora Responsible Business Awards
Companies in Georgia have until 10 October to enter the 2018 Meliora Responsible Business Awards , an annual Corporate Social Responsibility Excellence Contest organised as part of the EU-funded ‘Georgian Civil Society Sustainability Initiative’. The contest is organised in collaboration and with the support of various business associations and aims to promote responsible business conduct in...
At work in a textile factory in Moldova
Two new business clusters have been launched in the southern and northern regions of the Republic of Moldova, with the support of the European Union. They concern creative industries in Cahul and textile companies in Soroca, and offer the opportunity to bring businesses together to develop joint projects. The creation of the two clusters was carried out by the Organisation for the Development of...
In the Grovf offices in Yerevan
Grovf – an Armenian start-up supported by EU4Business and engaged in the Internet of Things (IoT) and database hardware acceleration – is one of two SMEs in the Eastern Partnership region, selected for funding under the first phase of the European Innovation Council’s (EIC) pilot of its SME Instrument. The second company – Raccoon Technologies – is from Ukraine. The company produces Raccoon...
OTP Leasing has been a well-established market player in Ukraine for a decade
The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan of up to UAH 324 million (€10 million equivalent) to OTP Leasing (OTPL) in Ukraine for long-term leases to small and medium-sized enterprises (SMEs) across the country. SMEs will also benefit from grant funding of up to €1 million available under the European Union’s EU4Business initiative, which helps...
Staff from Belarusian clothing enterprises have taken part in an eight-day training on production efficiency organised by the International Trade Centre and the Belarusian Fund for Financial Support to Entrepreneurs, as part of the EU4Business project ‘Eastern Partnership: Ready to Trade’. The training took place in Minsk from 27 August to 5 September and was aimed at production and management...