Success stories

Georgia is celebrated for its culinary traditions. Each of its regions has its own unique speciality and iconic dish. In the west, a variety of khachapuri , a cheese-filled bread, is offered to guests, while the Kakheti region is the country’s wine-making hotspot. Nowadays, you can find the traditional sweet known as churchkhela almost everywhere in Georgia but the Kakhetian recipe is considered...
The Exporters ’ Academy was recently launched in the Republic of Moldova by the Moldovan Chamber of Commerce and Industry (CCI), so that Moldovan entrepreneurs could become familiar with the rules of exporting to the European market. As part of this initiative, the European Bank for Reconstruction and Development in April 2018 organised two trainings in cooperation with the CCI – one for beginner...
It has been over a year now that the Georgian film industry has come into focus of a cluster development initiative launched in Georgia with the support of the European Union. The Georgian Film Cluster is now an officially registered entity that brings together leading professionals in film production and post-production, who share a common vision for promotion of the Georgian film industry. The...
With the advice of the OECD as part of the EU4Business initiative, Georgia has built a comprehensive set of policies, institutions and support programmes that make it stand out as a reference point in the Eastern Partnership for impactful and coherent policymaking for small and medium enterprises. Following the wave of liberalisations and investment-friendly reforms of the early 2000s, Georgia...
Ukraine
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Thanks to new technological developments, Ukrainians are now able to use “mobile money”. The advent of this service, used worldwide, was made possible thanks to an improvement in the business climate supported by the Better Regulation Delivery Office (BRDO), financed by the European Union as part of the FORBIZ project. In Ukraine, almost 35% of the population of 16 million have no regular access...
Harnessing the possibilities of the web opens up new business expansion opportunities for companies through direct interaction with their clients. Those who are aware of this cannot lose. Chișinău-based Vitra, a company specialising in designing and manufacturing commercial and industrial furniture is now convinced of this. With support from the European Bank for Reconstruction and Development (...
The IT sphere has grown to be one of the most important industries in Armenia, with its startups, tech entrepreneurs and innovators who believe in a high tech future. One Armenian startup has created the Triple-E Augmented Reality Platform, and is expanding its business to Europe and beyond thanks to the assistance provided by the European Union. Armenia is looking to IT to grow the economy...
Sitis is a Ukrainian company specialised in ‘1C’ enterprise control systems – a universal cloud and on-premise system for automating a company’s financial and wider operational activities. In this capacity, the company has acted both as a consultant for the European Bank for Reconstruction and Development’s (EBRD) business advisory service, and as a beneficiary of those same services,...
Armenia is well known for its unique cultural and creative heritage. In music, film, poetry and painting, Armenia has nurtured artists known the world over, and seen its creative potential flourish. Now, Armenian fashion designers have a chance to highlight their creative flair, thanks to the ‘ Support to SME Development in Armenia ’ (SMEDA) project, co-funded by the European Union in the...
Since 1992, Elselema has been producing all types of clothing, with a particular focus on uniforms, outdoor wear, as well as casuals and knitted products for men, women and children. It’s a family business which has grown to operate two factories – both employing up to 200 workers – one in Tbilisi, and one in Lanchkhuti to the West of the Georgian capital. The company is no novice in overseas...