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

EU-Ukraine Summit in Kiev on 13 July 2017. Pictured, left to right: Donald Tusk, President of the European Council; Volodymyr Groysman, Prime Minister of Ukraine, and; Jean-Claude Juncker, President of the European Commission.
The EU and Ukraine have signed an Association Agreement, including a Deep and Comprehensive Free Trade Area, to come into force on 1 September 2017. The AA provides the blueprint for Ukraine's ambitious reform path and will foster trade and...

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...