Success stories

Tekla Mamageishvili
“Leonardo da Vinci was one of the first to describe, with almost complete precision, the anatomy of the eye and optical system in the 15th century. He is perceived as the biggest innovator in modern science, and not only in science,” Tekla Mamageishvili, Director of a Tbilisi-based eye clinic, explains when asked about the name of her company. Tekla is sure that her Da Vinci Clinic will become a...
Olha Radinovych
Olha Radinovych founded a company with two other female friends 14 years ago, when each of them had only $100 in their pockets. At the time, their business idea seemed risky. Now, she is the director of the company, a Ukrainian manufacturer of orthopaedic and medical products. The company produces 87 kinds of orthopaedic products and more than 100 different compression knitwear products. The...
Manana Chqareuli
Georgia
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“I’ll never forget the moment I realised that I needed to hire more people. And that with the help of EFSE, I could.” Ever since she can remember, Manana Chqareuli has loved sewing. Friends, family, neighbours – whoever needed a rip repaired, a patch sewn on, a hem taken in, or some other alteration, would always find Manana thread and needle in hand. “I can’t really explain what it is, I just...
Irina Gloveli, director of the Tech Engineering Group
The Tech Engineering Group is one of the companies in Georgia that received support from the 'Women in Business’ programme, implemented by the European Bank for Reconstruction and Development (EBRD), with support from the European Union, among other donors. Irina Gloveli, who became the director of the company in 2017, shortly before this support arrived, says it is difficult, though not...
Tamara Chigogidze, founder and CEO of Georgia’s Radio Holding Fortuna
Tamara Chigogidze, founder and CEO of Georgia’s Radio Holding Fortuna, the country’s largest radio broadcasting company, has always believed in the importance of the media in shaping an inclusive society. “I believe that if we recognise the role that mass media can play in promoting an inclusive society, then we as a broadcaster must also use our opportunities to leverage our network and our...
Andriy Mitchenko, one of the founders of Ecosoft
Ukraine
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“When I see the big yellow and blue flag every day on my water filter and the inscription ‘Made in Ukraine with pride’, it makes me proud,” says Olga, 35, from Kyiv. “In fact, it’s very satisfying that such high-quality goods are being produced in our country.” For three years, Olga’s family has been using the reverse osmosis cleaning system manufactured by Ecosoft. The proud Kyiv resident says...
Yana Pogosyan (photo by Nazik Armenakian)
Yana Pogosyan puts what people discuss at various training sessions and forums into graphics. She turns words into images, collecting “showpieces” for exhibition, making it easier to perceive information. So far, this method has not been widely used in Armenia, but, as Yana says, it is very promising and popular in many countries. As a graphic designer, Yana has been engaged in graphic recording...
Cherie LLC has received support from EU4Business
With funding from the European Union under its EU4Business initiative, the EBRD has helped a Georgian coffee producer increase competitiveness by introducing operational and internal quality management standards. Many of us cannot imagine starting a day without a cup of strong and aromatic coffee: the morning pick-me-up gives just the right energy boost and sets us up for a productive day. While...
New kilns have enabled Polissia to dry around 1500 cubic square metres of pine board per month
Ukraine
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Boosting the supply of credit to small and medium-sized enterprises is vital for jobs and growth, especially in Ukraine where SMEs account for over 90 per cent of businesses and employ two-thirds of the active working population. Thanks to EU support under the EU4Business initiative , in 2017 the European Investment Bank Group started a programme, which provides loan guarantees to local banks in...
Dadari toys
Dadari in Tbilisi is much more than just a toy company. Out of the firm’s seven employees, three have learning disabilities. All of the firm's products comply with EU standards. The toys are made from solid wood and painted in organic colours. Dadari was able to expand its business after obtaining 25,000 Georgian Lari - just over €8,000 - from Credo Bank. The mircrofinance was made possible,...