News/Press

An increasing number of women entrepreneurs in the modern world are striving to learn new business management tools and take their business activities to a new level. Responding to this demand, the Business Support Centre in Kharkiv recently organised a conference on ‘Women in Business. Harmony and success’, held as part of the EU4Business initiative with the support of the EBRD. On December 19...
Production of ceramic tiles in Ukraine has been growing steadily in recent years, accounting for an increasing share of the domestic market, and with an ever-greater volume of exports, according to the latest study by the Better Regulation Delivery Office (BRDO), with the support of the EU4Business FORBIZ project. But the high cost of certification through authorised representative offices of...
Local Economic Development in Belarus
The European Union and UNDP have come together to launch an important new project that will support hundreds of micro, small and medium-sized enterprises (MSMEs) across Belarus over the next three years, as part of the EU4Business initiative. The project – Local Economic Development in Belarus – builds on the growing contribution made by social enterprises and is designed to ensure they can be...
Advice for Small Businesses in Belarus
Belarus' Economy Ministry and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum of understanding to implement the EU4Business project on ‘Supporting small and medium-sized enterprises as the main driving force for local and regional growth – advice for small businesses in Belarus’. The BelTA news agency reported that the document was signed by Belarus Deputy...
Dimitri Gvindadze, Head of the EBRD office in Chișinău, with Antoine Gabizon, President of the Management Board and CEO of Mobiasbanca.
As part of the EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) is providing an additional €20 million loan to Moldova’s Mobiasbanca - Groupe Société Générale to meet growing demand for finance from local businesses who are investing in improving the quality of their products and services. Moldovan companies are raising standards following the establishment of...
The Armenia Startup Academy (ASA) was officially launched in Yerevan this month, based at the Hero House in the Armenian capital. The initiative is supported by the EU4Business SMEDA project (Support to SME Development in Armenia) , and implemented by the Catalyst Foundation, with the aim of boosting the startup ecosystem and bringing Armenian startups to the next level. With the help of a team...
The European Fund for Southeast Europe (EFSE) has provided CreditWest Bank, Ukraine, with a financing package of €6 million, including the equivalent of €3 million in local currency, which will allow the bank to expand into small and medium-sized enterprise (SME) financing with particular focus on agricultural businesses. Having started as a corporate bank, CreditWest Bank is diversifying into...
Policies to support the development of small and medium-sized enterprises (SMEs) have recently improved in Armenia, but key challenges remain and pose obstacles for the development and internationalisation of SMEs, an OECD report on ‘ Monitoring SME policy reforms in Armenia’ , produced under the EU4Business initiative, has found. The report was produced as part of the Supporting SME...
The EU4Business FORBIZ project has selected the Chernihiv region to participate in an EU-funded pilot programme that supports regions and cities in Ukraine to successfully formulate and implement development policies for small and medium-sized enterprises (SMEs). The Chernihiv Region State Administration, and the City Councils of Nizhyn and Chernihiv signed a Memorandum of cooperation with FORBIZ...
On December 18, Ukraine’s Cabinet Ministers held a "deregulation day", which resulted in the adoption of 12 business decisions and the abolition of 340 outdated regulations, following initiatives prepared by the Better Regulation Delivery Office (BRDO) in conjunction with the Ministry of Economic Development and the State Regulatory Service, with the support of the EU4Business FORBIZ project. In...