News/Press

At work in the Gyumri Technology Centre
Many young people from Gyumri in Armenia’s Shirak region see their future in the sector of information technologies (IT), and the Gyumri Technology Centre (GTC) – developed with the help of EU4Business – is exactly what they seek. The GTC is an inspiring example for other regions of Armenia. In October 2017, an IT incubation laboratory was opened in the centre as part of the ‘ Boosting...
Ludi Batumuri brewery
The Ludi Batumuri brewery has been producing beer since 1951. Now, its original equipment, designed by Czech specialists, stands side by side with new state-of-the-art equipment, bought with the help of an EU4Business investment loan. The Ludi Batumuri brewery was the destination for one of the first field visits by the new Head of the EU Delegation in Georgia, Ambassador Carl Hartzell, who...
Giovanni Vaccari, Project Manager of the EU4Business-EBRD Credit Line in Moldova
The EU4Business-EBRD Credit Line in Moldova recently participated in a workshop on ‘Energy Efficiency Financing Tools’, organised by the Energy Efficiency Agency in Chisinau. The event was organised during Moldova Eco Energetics Days, which took place in Chisinau from 15-18 October, and was attended by national and international experts who presented the financing mechanisms available in the...
The European Investment Bank (EIB) is lending €50 million to the Central Bank of Armenia to finance projects implemented by small and medium-sized enterprises (SMEs) and mid-caps in the country, particularly in the areas of agri-food processing and tourism. The Central Bank of Armenia will channel the EIB funds to beneficiaries (mainly SMEs) through a range of eligible financial intermediaries,...
Irina Coroi-Jovmir, Deputy CEO of ProCreditBank Moldova, with Alain Pilloux, EBRD Vice President, Banking
Small businesses in Moldova will be able to upgrade their operations to European Union (EU) standards with a new €10 million loan provided by the EBRD to ProCreditBank Moldova, the country’s fifth-largest lender by loan portfolio. The funds are provided within the EU4Business-EBRD credit line, to which the EU provides grant funding under its EU4Business initiative. The funds will be available for...
EU Head of Delegation in Belarus Andrea Wiktorin
The European Union is ready to assist Belarus in developing the private sector of the economy, the Head of the EU Delegation to Belarus Andrea Wiktorin told the media on the sidelines of the KEF Economic Forum in Minsk on 6 November. “We are ready to support Belarus in the areas which the country will designate, for example, in the development of the private sector,” Andrea Wiktorin said...
frozen berries
A group of Ukrainian SMEs from the berry sector took part in the Salon International de l’Agroalimentaire (SIAL), an international food exhibition in Paris, from 21-25 October 2018. The visit was organised as part of the EU-funded project, ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’, implemented by the International Trade Centre (ITC). The selected beneficiaries also had the...
Ukraine has launched the Small and Medium-Sized Enterprise Development Office, set up with the support of the European Union under its EU4Business initiative. Operating as an advisory body within the Ministry of Economic Development and Trade of Ukraine (MEDT), the SME Development Office (SMEDO) is to become the main institution in charge of entrepreneurship promotion, acting as key engine for...
The Start Business Challenge information event in Kyiv
More than 150 entrepreneurs, business associations and media attended a recent event in Kyiv to present the key features and benefits of the ‘Start Business Challenge’ tool, developed on behalf of the Ministry of Economic Development and Trade of Ukraine b y the Better Regulation Delivery Office (BRDO), within the framework of the EU4Business FORBIZ project. The significance of small businesses...
At work in a textile factory in Moldova
The International Trade Centre has held the second of three seminars on increasing sales efficiency, aimed at Moldovan SMEs in the apparel sector, organised in the framework of the EU-funded project ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’. The second seminar in the series was held on October 25-26 on the topic of ‘Retail stores in modern market conditions (rational...