EU4BUSINESS IN ARMENIA

The vast majority of businesses in Armenia are SMEs. They are responsible for nearly 80% of all jobs in the country. Despite this, they make up only 27% of Armenia’s GDP. EU4Business works to build a conducive business and investment environment to help SMEs reach their full potential. Programmes improve access to finance and new markets, target women entrepreneurs and SMEs working in green energy and also encourage social entrepreneurship. EU4Business is part of the EU’s wider efforts in the country which make it one of Armenia’s main economic partners.

News/Press

The EU Business Climate Report 2017 was launched during the recent EU-Azerbaijan Business Forum on 8 June 2017. The survey aims to assess the current conditions for doing business in Azerbaijan, highlighting key reform achievements and remaining...
Over 500 representatives of business and government attended the EU-Azerbaijan Business Forum in Baku on 8 June. The forum was organised by the EU Delegation to Azerbaijan, in cooperation with the Azerbaijan Export and Investment Promotion...

Success stories

Dr Vardanush Petrossian in the Ingrediant café.
Dr Vardanush Petrossian, a medical doctor with a specialisation in nutrition, has always dreamed of running her own healthy food-focused café. Using her own savings, she opened the Ingredient Café. Now, with the support of the Women in Business Programme, funded by EU4Business, the European Bank for Reconstruction and Development (EBRD) and Sweden, Vardanush’s café is expanding. The Ingredient...
Whether it be rebranding, reorganising, re-financing or expanding, the European Bank for Reconstruction and Development (EBRD) is providing Armenian small and medium sized enterprises (SMEs) with the know how to succeed. When regional telecom company Bargavachogh Tsantser Ltd. was looking to rebrand, the EBRD provided the financing the company needed to develop a strong corporate identity. As a...
People serving in Levart’s Food, Pizza and Sandwich Shop.
With the support of EFSE funding, Levart’s Food, Pizza and Sandwich Shop expanded its operations, doubled its turnover and hired more help. At Levart’s Food, Pizza and Sandwich Shop in Armenia, one can find more than 15 kinds of pizzas – not to mention an unimaginable array of sandwiches and hamburgers. Its shelves are overflowing with spinach, cabbage, potatoes, meats, cheeses and freshly-baked...