News/Press

The EU is releasing new funds for SMEs in Moldova
The European Bank for Reconstruction and Development (EBRD) and the European Union are providing €10 million in new financing for Moldova-Agroindbank (MAIB) and Victoriabank, following steps by Moldova ’s key lenders to achieve transparency of ownership and to restore corporate governance. The loans worth €5 million each are provided through the EU4Business-EBRD credit line and are accompanied by...
Round table discussion on the roadmap for the Ukrainian berry sector
On 1 6 April, the International Trade Centre in partnership with the Ministry of Agrarian Policy and Food of Ukraine conducted a Round Table discussion on the Road Map of Ukrainian berries sector development, as part of the EU4Business Ready to Trade project. The event was attended by the representatives of government and state institutions, as main stakeholders, and by the business support...
Women Entrepreneurs' Club in Yerevan
The fifth and final Women Entrepreneurs’ Club (WE Club) was successfully held in Yerevan last week, with the support of the EU4Business SMEDA project. The event was officially opened by EU Head of Delegation Ambassador H.E. Piotr Świtalski and German Ambassador H.E. Bernhard Matthias Kiesler. In their speeches introducing women who are active in the business and social fields of Armenia, the...
Financial Fair in Kyiv
On 16 April 16, the Third Financial Fair for representatives of small and medium-sized businesses of Ukraine took place in Kyiv with hundreds of participants from SMEs as well as representatives of the financial sector and international donors. The event took place on 16 April at the ‘Parkovy’ Congress and Exhibition Centre in Kyiv. The organiser was the German-Ukrainian Fund (GUF) with financial...
The OECD meeting in Chisinau
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 ’. On 2 April, the working group of the project on ‘Supporting the implementation and monitoring of Moldova’s SME Development Strategy’ held its first working group meeting, followed on 4 April by an SBA Public-...
Georgian companies at the International Food and Drink Event in London
Five companies from Georgia exhibited their goods and found new buyers at the International Food and Drink Event (IFE) in London on 17-20 March, with support from the International Trade Centre’s Ready to Trade project, funded by the European Union’s EU4Business initiative. Companies presented a variety of products including hazelnuts, juices and teas. Together with Enterprise Georgia, ITC helped...
EFSE’s main target group is micro and small enterprises (MSEs) and low-income households
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...
First Bankers’ Roundtable on Sustainable Financing for Entrepreneurs
The European Fund for Southeast Europe (EFSE) teamed up with the Central Bank of Armenia (CBA) on April 4 to hold the first Bankers’ Roundtable on Sustainable Financing for Entrepreneurs in Yerevan, in an event organised with the support of the EU4Business initiative. The gathering of influential bank executives from Armenia explored the role of the banking sector in achieving maximum...
ProAID portal
On April 4, the Ukrainian Ministry of Economic Development launched an official web portal for international technical assistance (ITA) coordination (ProAID) in Ukraine. The web resource contains full and updated information on current international assistance projects in Ukraine, their goals, donors and implementation status. The portal was developed by the MEDT reform support team with the...
Regional economic development in focus
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. One of the...