Success stories

Bakhtiyar Meyvaddin Novruzbeyov
"It took me a while to realise that knowledge is indeed power. Like the knowledge that working with a bank is the best way to transform a fragile idea into a solid business," says Bakhtiyar Meyvaddin Novruzbeyov, who set up his grocery store with the help of Access Bank in Azerbaijan, the European Fund for South East Europe (EFSE), and EU4Business . “Just over ten years ago, I found myself...
Fuad Mammadali Aliyev
“For a long time, going into business on my own seemed like an impossible dream, but sometimes you get lucky and you find someone who shares the dream with you and helps to make it come true.” That’s how it all began for Fuad Mammadali Aliyev, with the help of Access Bank, the European Fund for South East Europe (EFSE), and EU4Business . Just over fifteen years ago Aliyev gave up his job as a...
Vice President of Volyn Chamber of Commerce and Industry in Ukraine receives valuable week-long training on membership services from Seville Chamber of Commerce in Spain. The East Invest 2 BSO Exchange Programme empowers Small and Medium Sized Enterprises (SMEs), associations and related BSOs (such as Chambers of Commerce) in Eastern Partnership countries by matching them with experienced...
Rizvan Garayev
“When they left the business to me, I don’t think my parents ever imagined that their little café would ever change. [...] however, they planted the seed of entrepreneurship in me. And some good common sense to find the right (financial) partner,” says Rizvan Garayev, who transformed the café he in herited in Baku into a chain of bakeries and restaurants, with the help of Access Bank, the...
LTE training
EU4Business helps DCFTA Information Centre provide Georgian SMEs with knowledge of EU market requirements Later this month, the EU4Business project “SME Development and DCFTA in Georgia” will mark one year since the signing of a Memorandum of Understanding (MoU) with the Georgian Chamber of Commerce and Industry (GCCI). The MoU laid the groundwork for cooperation on development of the Chamber’s...
Serxan Dadasov Serdar
“It’s one thing to see a market for something and quite another to figure out how you are going to satisfy it. And still another to make the whole thing happen. Once you’ve got the first two taken care of, leave it to Access Bank to find a solution," says Serxan Dadasov Serdar, whose retail clothing business benefitted from support made available under the European Fund for South East Europe (...
With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), the company representing AVIS car rentals in Georgia has turned around its business, transforming its web presence and more than doubling sales. AVIS was the first company to rent cars at airport locations, back in 1946 in Detroit. Today, visitors arriving at Tbilisi, Batumi and Kutaisi international...
Agroland, a small processing factory in western Georgia, plays an important role in promoting locally grown agricultural products. The family-run business brings aromatic bay leaves from beautiful Georgian villages with sometimes hard-to-pronounce names to the kitchens of European and global consumers. “Our suppliers are mainly farmers from neighbouring villages,” says the owner, Aleksandre...
“What defines us is how well we rise after falling.” This quote describes perfectly the wine industry of the Republic of Moldova, which slowly but surely has found the strength to recover after the Russian Federation’s embargoes, imposed first in 2006 and then in 2013. The wine export restrictions imposed by Russia in 2006, at a time when Russia was the main market for Moldovan wines and...
Memogram - EU4Business beneficiary, which offers an innovative photo shooting and printing service in Georgia
Most businesses in Georgia are small and medium-sized enterprises (SMEs), accounting for 94% of businesses and 43% of all jobs. Yet they contribute only 18% to the country’s GDP, meaning there is significant room for growth if ways are found to unlock and tap into their potential. Both the Georigan government and the European Union realise what is at stake, which is why the EU has set support for...