News/Press

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...
A four-day training on industrial energy efficiency was held on 11-14 December at the Kropyvnytskyi Business Support Centre. The workshop was organised with the support of the EBRD within the framework of the EU4Business initiative, and was aimed at enhancing the skills of participants in the field of energy efficiency and raising the standards of the energy efficiency projects they are...
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...
The development of environmental-friendly transport in Ukraine is being held back by the absence of a regulated market for electric charging stations, according to the Better Regulation Delivery Office (BRDO), set up in Ukraine with the support of EU4Business and the FORBIZ project. If proper infrastructure is to be developed, it is necessary to create transparent conditions for connection to...
Entrepreneurs from the Zaporizhzhya region of Ukraine recently had the opportunity to take part in an EU4Business training on export practices and trade financing, organised by the European Bank for Reconstruction and Development (EBRD) and hosted by the Zaporizhzhya Business Support Centre. The three-day workshop provided support to SMEs on how to enter new markets, while focusing on payment...
Moldovan Prime Minister Pavel Filip and Belarus Deputy Prime Minister Mihail Rusi at the Moldovan-Belarus Business Forum.
More than 120 entrepreneurs from the Republic of Moldova and Belarus took part in the Moldovan-Belarus Business Forum, which took place in Minsk earlier this month. The participants were welcomed by Moldovan Prime Minister Pavel Filip and Belarus Deputy Prime Minister Mihail Rusi. In his speech, Pavel Filip pointed out that Belarus is among the main trading partners of the Republic of Moldova,...