News/Press

Starting this year, Georgian businesses will prepare and publish management reports for the first time, as part of reform in accounting and audit practices that aims to achieve greater transparency on the Georgian market, expanding investment prospects and simplifying access to credit. To support local companies, the Georgian Service for Accounting, Reporting and Auditing Supervision (SARAS),...
The event highlighted the impact of SME support programmes
The EU4Business initiative with the support of the EU Delegation to the Republic of Moldova has brought together representatives of the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Moldovan Ministry of Economy and Infrastructure, the Organisation for Development of the SME Sector (ODIMM) and Commercial Banks of the Republic of Moldova. The event...
Grants for participation in large-scale brokerage events for Horizon 2020
Researchers from the Eastern Partnership region, including from industry and SMEs, have the opportunity to apply for EU grants for participation in large-scale brokerage events and similar activities related to the EU’s Horizon2020 programme for research and innovation. The aim of the grant scheme is to extend scientific networks between EU Member States/non-EaP Associated Countries and EaP...
Armenian companies preparing for Hannover Messe
What are the business do-s and don’t-s in Germany, the business etiquette and ways to interact with and attract potential partners and investors? These and other topics of German business culture were part of a discussion led by international expert Martin Reinfeldt at a training organised by the EU4Business SMEDA project (Support to SME Development in Armenia) for the Armenian delegation soon...
Premier Pavel Filip and EBRD President Suma Chakrabarti shaking hands during the meeting
Moldovan Prime Minister Pavel Filip has met the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, who was on a working visit to Republic of Moldova last week. Both sides hailed the good partnership relations between the Republic of Moldova and the EBRD. The Prime Minister expressed gratitude for the continued support provided by the EBRD in key areas of...
Moldova scores well on procedures for starting a business
The Republic of Moldova has made progress in the setting up of business, according to the 2017 annual study on ‘ The Cost of Doing Business in Moldova ’, conducted by the World Bank Group. According to the data, Moldova occupies the 44th position out of 190 countries across a range of business indicators, the same position as in 2016, but with an increase in its overall score, from 72.8 to 73 out...
The OECD held a first meeting of a public-private working group on 15 February 2018 in Tbilisi, Georgia, which focused on the monitoring system as a key aspect of an effective implementation of the country's SME Development Strategy. The meeting was part of the EU4Business project ‘From Policies to Action’. The purpose of the Working Group meeting was to discuss Georgia’s current monitoring...
workshop on the monitoring of Azerbaijan's SME roadmap
The OECD held a workshop on the monitoring of Azerbaijan's SME roadmap on 15 February 2018 in Baku, Azerbaijan. The meeting was part of the EU4Business project ‘From Policies to Action’. The main objective of the workshop was to discuss and refine the process of monitoring the implementation of the SME roadmap including defined targets and key performance indicators (KPIs). Elchin Ibrahimov ,...
National initiatives for improving accounting education and strengthening professional accounting organisations in Azerbaijan were discussed at a workshop recently organised in Baku by the World Bank as part of the EU4Business initiative. The event was part of the EU-funded Strengthening Auditing and Reporting in the Countries of the Eastern Partnership ( STAREP ) regional programme, which...
Inspection Portal Web Service
Ukraine
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The results of business inspections will be available online from now, as part of an online inspection platform created by the Better Regulation Delivery Office (BRDO) in Ukraine, supported by the EU4Business initiative. The results of 128 inspections, conducted during January 2018 have been uploaded onto the Integrated Computerized System of State Monitoring (Control) . The first government...