News/Press

Participants in the keys to financial management training
A training was recently held in Sumy for women in business, entitled ‘Keys to Financial Management’, organised by the Business Support Centre of Sumy, with EBRD support under the EU4Business initiative funded by the European Union. The course is specifically designed for female entrepreneurs, and consisted of two training sessions, with a break between them, so that participants have time to...
Brussels, 24 November 2017 The 5th Eastern Partnership Summit took place today in Brussels. It was a moment to celebrate the achievements of the last two years in the EU's relationships with its six Eastern partners, and to look forward to implementing 20 deliverables by 2020 that will bring tangible benefits to citizens. The Summit, held at the level of Heads of State or Government, brought...
On the eve of the 5th Eastern Partnership (EaP) summit in Brussels, EUROCHAMBRES – the Association of European Chambers of Commerce and Industry and a key partner of the EU4Business initiative in the East Invest programme – has called for a strong political engagement of the European Union in the EaP countries, and underlined the importance of further economic reforms, development of the private...
Ukrgasbank will start lending to Ukrainian small and medium-sized enterprises (SMEs) at a rate of 15% per annum in hryvnia, following an UAH 81 million agreement signed between the German-Ukrainian Fund (GUF) and Ukrgasbank on 23 November. The agreement is part of the German government’s SME Support Programme, which runs in conjunction with the EU-funded EU4Business initiative that provides funds...
The EBRD is working with ProCredit Bank
The European Bank for Reconstruction and Development is providing fresh funds to develop local currency lending and SME support mechanisms in Ukraine under the EU4Business initiative. The use of local currency gives greater comfort to potential borrowers, who will not be exposed to foreign exchange risks. The EBRD is providing a four-year local currency loan in Hryvnia (UAH) worth US$ 25 million...
The invitation to the National Women's Entrepreneurship Gala
The Small and Medium Enterprise Development Organisation (ODIMM), in partnership with the National Women's Platform of Moldova, has launched its annual contest to reward the best women entrepreneurs in the Republic of Moldova. The deadline for entries is 22 November. The contest aims to identify and recognise the most talented and successful women in business, who have achieved remarkable results...
Moldova
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A new EU-funded project to support SMEs in Moldova will be launched in 2018, Deputy Prime Minister, Minister of Economy and Infrastructure, Octavian Calmic has announced, according to the NOI.md website. Calmic made the announcement at a meeting with local officials and stakeholders in the Cantemir District, where they discussed local infrastructure projects, support for SMEs in rural areas, and...
Belarus is one of the leaders among the Eastern Partnership countries in the digitisation of its economy, Dirk Schuebel, the head of division for bilateral relations with Eastern Partnership countries at the European External Action Service, has told the Minsk Forum, the BelTA news agency reported. “Belarus is one of the leading countries, one of the driving forces in the development of this area...
On October 31, the Board of the National Bank of Ukraine approved the large ‐ scale ‘Restart Lending’ project, which includes the introduction of a new credit guarantees scheme for loans to small and medium-sized enterprises, which is supported by the German-Ukrainian Fund (GUF). To accelerate the implementation of the credit guarantee scheme, the GUF, in cooperation with its partner banks, will...
The 5 th Eastern Partnership (EaP) summit will take place in Brussels on Friday, 24 November, bringing together heads of state and government from EU member states and the six Eastern partner countries. Among the priority areas to be discussed are economic development and better market opportunities. The leaders will look forward to future cooperation, as well as taking stock of what has been...