Success stories

The Embry team at the Vanadzor Technology Centre
An Armenian start-up has developed a unique weight-tracking insole, using smart technology to monitor weight and physical activity. Now, with the help of EU4Business, the company is targeting EU markets for export. According to co-founder Nare Gevorgyan, Embry is unique because it is the first smart insole in the world that automates weight tracking: “ Unlike existing activity trackers and smart...
Ukraine
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A useful tool for sales and a deeper understanding of clients. This was the experience of a Ukrainian businesswoman who took part in the Women in Business programme. A Google search on any company will often provide you with an interesting fact about it. In the case of Zabugor.com, a travel agency in Ukraine, the fact is that it is run by a woman. This really is an interesting fact. For almost a...
WiseLogger offers user friendly data logging solutions
DataLogger is a Yerevan-based company, specialised in smart machines and data acquisition control systems. WiseLogger, created by DataLogger, is a flexible, configurable, and user-friendly turn-key solution which data loggers can use in a wide variety of applications, such as industrial manufacturing and automation, remote monitoring, automotive industry, data collection, pharmaceutical...
Himnark co-founder Ruben Osipyan
Himnark is an online platform that automates the management of personnel contracts and the calculation of salaries. The platform has been developed by an Armenian startup, which employs just 15 people, but is aiming high, helped by an EU innovation grant funded under the EU4Business initiative. The company was founded by Ruben Osipyan and Smbat Petrosyan, who studied together in the faculty of...
The Hotel Prometheus in Tskaltubo
In Georgia, there is a saying that guests are a divine gift, a saying reflected in the country’s reputation for hospitality. Indeed, Georgia is increasingly on the radar for tourists from all over the world, with beautiful mountains and seaside, a cosmopolitan capital, delicious food and 8,000 years of wine-making tradition. “Tourism is booming in Georgia and it is very important to welcome...
Pixomatic co-founder Garik Avetisyan
Pixomatic is an Armenian startup that has developed a state-of-the-art online photo editor, with a unique image-cutting feature. It allows instantly to remove a background from any photo, make it transparent, add different colours and filters, or switch the background with another photo. The mobile app has over 500,000 monthly active users and is available on Web , iOS and Android devices. Co-...
The Cloud Networks team at work
XCloud Networks fully automates the deployment and management of network infrastructure, enabling companies to own their network stack. This allows them to be vendor-agnostic (i.e. not tied to the products of a specific manufacturer), to reduce capital expenditure and increase stability. Based in Sunnyvale, California with an office in Armenia and 14 employees, XCloud Networks received an...
Rostyslav Vovk, co-owner of Kormotech in Lviv, feeds House, his West Highland White Terrier
Ukraine
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A Ukrainian company from Lviv has become a leader in the domestic market and established export sales to more than 20 countries. The EBRD’s business advisory programme, with support from the EU4Business initiative, has helped it to become more sustainable. Angel the Bobtail, Martin the Yorkshire Terrier and Berry the Beagle were the new unusual employees coming to work at the head office of the...
Boxwood is one of the 11 companies that have come together with the aim of creating a unified cooperation platform of companies operating in Georgia’s ICT sector. George Keshelashvili, Executive Partner at Boxwood, believes this type of cooperation will be beneficial, both for the companies involved and the ICT sector as a whole, as the cluster will make it possible to address common challenges...
Ukraine
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Entrepreneur Andriy Soroka is relaunching his father’s farming business. A business loan under the EU4Business programme helped him take an important step on this path. A pizza with snails, fried potatoes with snails. Farmer Andriy Soroka shows dishes prepared with his produce on the screen of his phone. An Argentine restaurant in Kyiv took five kilograms of chilled molluscs and made two dishes...