News/Press

A tender has been announced for t he concept and design of the national stand of Ukraine at international exhibitions . The tender is part of the project ‘Consolidating the Export Potential of SMEs and Facilitating Access to Foreign Markets’, being implemented by Ukraine’s Export Promotion Office and commissioned by the European Bank for Reconstruction and Development under the EU4Business...
EU4Sevan: SME platform for Business Development and Innovation
The city of Sevan in Armenia has received a grant through the EU-funded ‘Mayors for Economic Growth’ ( M4EG ) initiative to implement an SME platform for business development and innovation over the next two years. Sevan, in Gegharkunik marz, joined the EU’s M4EG initiative in 2017. The ‘EU4Sevan: SME platform for Business Development and Innovation’ pilot project will be implemented from 2018-...
Boosting competitiveness of regional SMEs
The EU4Business project for ‘ Boosting competitiveness of regional SMEs ’ in Armenia is launching its ‘Successful Start’ programme aimed at start-ups, SMEs that have been in business for the last three years, and job seekers in business managerial positions, in the regions of Armavir, Lori, and Syunik. The targeted sectors of the programme are food processing and tourism . The ‘Successful Start’...
Workshop on trend forecasting
The Business Club for Fashion and Design has become a reality thanks to the efforts of a group of young Armenian designers from the Fashion and Design Chamber jointly with the Business Club for Impact, supported by EU4Business Support to SME Development in Armenia SMEDA project. The club will serve as a platform for the development of the fashion and design cluster trough the introduction of new...
Starting this year, Georgian businesses will prepare and publish management reports for the first time, as part of reform in accounting and audit practices that aims to achieve greater transparency on the Georgian market, expanding investment prospects and simplifying access to credit. To support local companies, the Georgian Service for Accounting, Reporting and Auditing Supervision (SARAS),...
The event highlighted the impact of SME support programmes
The EU4Business initiative with the support of the EU Delegation to the Republic of Moldova has brought together representatives of the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the Moldovan Ministry of Economy and Infrastructure, the Organisation for Development of the SME Sector (ODIMM) and Commercial Banks of the Republic of Moldova. The event...
Grants for participation in large-scale brokerage events for Horizon 2020
Researchers from the Eastern Partnership region, including from industry and SMEs, have the opportunity to apply for EU grants for participation in large-scale brokerage events and similar activities related to the EU’s Horizon2020 programme for research and innovation. The aim of the grant scheme is to extend scientific networks between EU Member States/non-EaP Associated Countries and EaP...
Armenian companies preparing for Hannover Messe
What are the business do-s and don’t-s in Germany, the business etiquette and ways to interact with and attract potential partners and investors? These and other topics of German business culture were part of a discussion led by international expert Martin Reinfeldt at a training organised by the EU4Business SMEDA project (Support to SME Development in Armenia) for the Armenian delegation soon...
Premier Pavel Filip and EBRD President Suma Chakrabarti shaking hands during the meeting
Moldovan Prime Minister Pavel Filip has met the President of the European Bank for Reconstruction and Development (EBRD), Suma Chakrabarti, who was on a working visit to Republic of Moldova last week. Both sides hailed the good partnership relations between the Republic of Moldova and the EBRD. The Prime Minister expressed gratitude for the continued support provided by the EBRD in key areas of...
Moldova scores well on procedures for starting a business
The Republic of Moldova has made progress in the setting up of business, according to the 2017 annual study on ‘ The Cost of Doing Business in Moldova ’, conducted by the World Bank Group. According to the data, Moldova occupies the 44th position out of 190 countries across a range of business indicators, the same position as in 2016, but with an increase in its overall score, from 72.8 to 73 out...