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April 2019
Newsletter EN

Europe New EU backing for European Fund for Southeast Europe to boost local currency lending
All countries 16/04/2019
Moldova Operation Liberalisation
Ukraine 20/03/2019
Belarus OECD meetings in support of SME development in Moldova
Moldova 16/04/2019

All countries

Moving ahead together

27 March 2019

As an EU-funded project comes to an end, its participants stick together to form an international Consortium.

At the end of 2018, the 5th Eastern Partnership Business Forum was held in Vienna. This annual event was a little different to the norm. In addition to the traditional panels discussing important areas of development, the annual meeting of the working group of an entirely new organisation was held at a European level.

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New EU backing for European Fund for Southeast Europe to boost local currency lending

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 European Eastern Neighbourhood Region in particular.

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OECD meetings in support of SME development in Moldova

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’.

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Regional economic development in focus at Minsk project seminar

On 4 April, an introductory seminar was held in Minsk on the application of the UNIDO (United Nations Industrial Development Organization) methodology in the EU4Business project on ‘Support for local economic development in the Republic of Belarus’, which is funded by the European Union and implemented by UNDP in partnership with Ministry of Economy of the Republic of Belarus.

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Operation Liberalisation

Doing business will soon become easier for Ukrainian entrepreneurs: retailers will be subject to simpler regulations and there will be fewer grounds for penalties. The Better Regulation Delivery Office (BRDO) is working to promote the de-regulation of this sector as part of the FORBIZ project.

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Georgian organic food producers go global during BioFach 2019

Companies from Georgia secured more than €600,000 worth of orders from international buyers at BioFach 2019, the world’s leading trade fair for organic products, in Nuremberg, Germany.

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EU support to tech start-up ecosystem in Armenia

On 15 March, the EU Delegation to Armenia organised a site visit in Yerevan to get acquainted with the innovative companies and start-ups, which have received technical and financial support in the framework of the European Union's ‘Support to SME Development in Armenia’ (EU-SMEDA) project. The visit was attended by the EU Ambassador to Armenia Piotr Świtalski and a group of journalists.

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Thousands of SMEs stand to benefit from EU4Business EBRD credit line in Ukraine

• EU4Business-EBRD Credit Line launched in Ukraine: individual borrowers can receive loans of up to €3 million in UAH equivalent
• Thousands of Ukrainian SMEs to benefit from funds worth up to €60 million
• Credit line to support production upgrades, export potential
Thousands of small and medium-sized enterprises (SMEs) in Ukraine stand to benefit from new financing opportunities offered by the EBRD and the European Union.

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Uncorking Georgian wine worldwide

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.

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May 2019
EU4Business workshop in Baku: meeting market requirements, boosting exports


May 2019
Training on available tools for attracting investment


May 2019
Change management for consulting: four-day course in Yerevan


June 2019
Project management training for consultants in Belarus
More events

EU4Business is an EU initiative that helps SMEs in the six countries of the Eastern Partneship region to realise their full potential and boost economic growth.

EU4Business secretariat

De Kleetlaan 2
B-1831 Diegem

Phone number

+32 749 17 15

Email adress


© European Union
This publication has been produced with the assistance of the European Union.
The contents of this publication are the sole responsibility of the EU4Business Secretariat and can in no way be taken to reflect the views of the European Union.

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