Success stories

Interior café Garage Minsk
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped a network of Belarusian restaurants use business analytics and spur sales effectiveness. With funding from the European Union, the EBRD helped Café GARAGE, a local network of fast & casual restaurants to implement business intelligence (BI) system for...
software company increases its business
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development helped ScienceSoft, a software producer from Belarus, to diversify its client base and to expand business through a merger, increasing turnover by 65% in one year. The EBRD helped ScienceSoft to almost double in size and to diversify its client base , as well as to overhaul...
A group of people sitting and standing around an oval desk
The distinctive feature of Belarus from other post-Soviet countries, united by the Eastern Partnership, is the dominant role of the state in almost all spheres, including the national economy. The basis of the national economy is controlled by state companies, and for a long time the private sector was given a secondary role. Zhanna Tarasevich, a co-chairman of one of the national business...
The EBRD’s business advisory programme, funded by the EU, helped Mark Formelle find a local marketing consultant, and they developed a brand concept and marketing plan together to raise brand awareness.
With funding from the EU, the European Bank for Reconstruction and Development (EBRD) helped a Belarussian clothes manufacturer develop brand strategy and expand its own retail chain, increasing sales by 30%. The company, Mark Formelle , established in 2009, designs, produces and distributes cotton garments, sleepwear, underwear and other specialty clothing such as thermal wear. Despite rapid...
Participants at the first East Invest investment forum.
Belarus is a country with untapped economic potential. To this end a high level forum was recently held in Vienna, bringing together Belarusian and European businesses, investors and policy makers, in order to identify opportunities and possibilities for further reform. The first East Invest investment forum , entitled ‘Promoting European Investments in Belarus’ took place in Vienna, Austria in...
The restaurant app
SMEs can grow their businesses by accessing cutting edge innovations. For example a restaurant in the Belarusian capital Minsk has developed the country’s first mobile restaurant app with the advice and support of the EBRD. Founded in 2007, Sushi-Bar Manga has been keen to pay close attention to international trends in the restaurant business. The business was interested in using innovative...
The ScienceSoft team in front of the company’s logo
Belarus
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The EBRD provides a range of business advisory services for SMEs, with the ultimate goal of promoting their development and deepening sustainable business practices. One such successful scheme has helped a Belarusian IT firm to diversify its services and expand its operations abroad. ScienceSoft, a Belarusian innovation management software company, decided to launch an IT service arm in 2003 in...