News/Press

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...
BRDO School project
The Better Regulation Delivery Office (BRDO) in Ukraine has launched its BRDO School project offering training courses on various areas of state regulation. The first course starts on 20 February. The BRDO is funded by the European Union within the framework of the FORBIZ project and the EU4Business Initiative, with the aim of simplifying the process of doing business and providing effective...
Interest Rate Compensation Programme for SMEs
Small and medium-sized enterprises (SMEs) in the Ukrainian capital Kyiv now have the opportunity to access investment loans at just 7.5% – half of the nominal rate of 15% – thanks to the Interest Rate Compensation Programme for SMEs, an EU4Business initiative implemented by the German-Ukrainian Fund (GUF), with funding from the EU and Germany through the German Development Bank KfW. In the...
Export education platform
The Export Promotion Office at the Ukrainian Ministry of Economic Development and Trade has launched an educational online platform implemented in the framework of its Export Revolution Ukraine training course for basic level exporters. From now on, all the materials of the course are on one page: webinars videos, accompanying materials, case studies, texts and materials for self-preparation. The...
Inspection Portal Web Service
The Better Regulation Delivery Office (BRDO) in Ukraine has launched an Inspection Portal Web Service ( www.ias.brdo.com.ua ) – a pilot module for an online service and risk-management tool that will transform Ukraine’s business inspection system and interactions between state inspections and businesses, increase transparency for Ukrainian entrepreneurs and investors, and provide oversight...
Raiffeisen Bank Aval, one of Ukraine’s largest financial institutions
Loans to small and medium-sized enterprises (SMEs) in Ukraine and to selected larger companies, as well as for renewable energy projects, will become available to a greater number of domestic firms following the signing of a Risk Sharing Facility (RSF) under the EU4Business initiative, between the European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank Aval in Kyiv on 22...
The decision was approved on 22 December 2017
The European Investment Bank (EIB) has provided Raiffeisen Bank Aval (Kyiv) with €12 million in guarantees for the support of lending to small- and medium-sized enterprises (SMEs). The Guarantees are provided under the Deep and Comprehensive Free Trade Area (DCFTA) Initiative East - Guarantee Facility, a programme that is part of the EU4Business initiative. The decision was approved on 22...
The agreement will bring down SME interest rates in Ternopil
On January 18, the German-Ukrainian Fund (GUF) and the Ternopil Regional State Administration (Ternopil RSA) signed a memorandum on cooperation in the area of financing and development of small and medium-sized enterprises (SMEs) in the Ternopil region. Part of the EU4Business SME Finance Facility in Ukraine, the agreement allows joint implementation of a programme of interest rate subsidy for...
What loans can Ukrainian businesses obtain to develop and enter international markets? Representatives of three Ukrainian banks – KredoBank, Ukrgasbank and ProCredit Bank – speak about local currency loans offered for small and medium-sized enterprises, provided by Ukrainian banks in partnership with European financial institutions – the EBRD, EIB and KfW. The loans have become available thanks...
GLS Bank has made its second investment in the European Fund for Southeast Europe (EFSE). With its purchase of €27.9 million in EFSE notes, the bank is continuing to join forces with EFSE to ensure access to financing for micro and small enterprises and to support low-income private households in Southeast Europe and the European Eastern Neighbourhood Region, where it operates under the...