News/Press

Armenia Start-up Academy
On February 3, the eleven graduates of the EU4Business Armenia Start-up Academy presented their start-ups at the American University of Armenia. The Academy is implemented within the framework of the EU4Business SMEDA programme, funded by the European Union and the German Federal Ministry for Economic Cooperation and Development (BMZ) and supported by the German Federal Enterprise for...
The EU4Business SMEDA project in Armenia is supporting two international missions to improve SME statistics in Armenia and bring them into line with international and EU standards, while scaling up the capacities of the National Statistical Service of the Republic of Armenia (NSSRA). The two missions – with Lithuanian and Danish experts – have worked with the respective NSSRA staff to reveal...
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...
A new programme for structural reform in Moldova has been launched by the United States Agency for International Development (USAID), aiming to contribute to structural reforms to regulate and stimulate business and trade in the country. The programme's promoters aim to promote Moldovan exports to the European Union market over the next four years, and to make the business environment more...
6,406 enterprises were registered in Moldova in 2017
A total of 6,406 enterprises were registered in Moldova in 2017, 13% more than in the previous year. According to the State Registration Chamber, about 64% of them are registered in Chisinau. On January 1, 2018, the State Register of Legal Entities contained information about 169,400 companies, of which 57.8% (97,900) were limited liability companies, 33.3% (56,500) individual enterprises, 2.6% (...
Economic Policy Support Project
Boosting economic growth and increasing incomes for ordinary Belarusians are the main goals of the Economic Policy Support Project, launched jointly today by the European Union and the World Bank. “The European Union considers the economic development of Belarus as an area of common interest and supports the country’s economic progress,” said Andrea Wiktorin, Head of the EU Delegation to Belarus...
SMEDA BMO Academy
The first round of the three-week Academy for Armenian Business Membership Organisations (BMOs) was launched this week, organised by the EU4Business SMEDA project (Support to SME Development in Armenia) . Around 13 participants representing Armenian BMOs that have SMEs as members were present to learn international best expertise on how to become an efficient organisational unit that supports,...
Johannes Hahn and Vladimir Makei
The European Union is intensifying its cooperation with Belarus, with financial support of €29 million, more than double the budget initially planned, European Commissioner for Neighbourhood Policy Johannes Hahn said on a visit to Minsk on 30 January. Speaking following a meeting with Foreign Minister Vladimir Makei, Hahn said they had discussed EU-Belarus relations and the importance of closer...
EBRD in Belarus
The European Bank for Reconstruction and Development (EBRD) plans to increase the financing of projects in Belarus in 2018, the Head of the EBRD Office in Belarus Alexander Pivovarsky told reporters in Minsk. “Our loan portfolio in Belarus currently makes up about €500 million. I hope it will become even bigger by the end of this year. In 2017, the volume of operations in Belarus amounted to €163...
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...