EU4BUSINESS IN AZERBAIJAN

Outside the oil sector, doing business in Azerbaijan often remains a challenge – particularly for SMEs. Although they account for over 80% of all registered companies SMEs only contribute around 3% to the country’s economy. International trade is dominated by large companies. EU4business works with the government, associations and SMEs to develop Azerbaijan’s SME sector by improving access to finance and markets, encouraging women entrepreneurs and building business skills. The EU also supports the government in the development of a more coherent policy towards SMEs allowing the country unleash the potential of SMEs for long term socio-economic development.

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News/Press

The 5th Eastern Partnership Summit took place in Brussels on 24 November, marking the achievements of the last two years in the EU's relationships with its six Eastern partners, while looking forward to implementing 20 deliverables by 2020 that will...
Brussels, 24 November 2017 The 5th Eastern Partnership Summit took place today in Brussels. It was a moment to celebrate the achievements of the last two years in the EU's relationships with its six Eastern partners, and to look forward to...

Success stories

Craftsmen at an Azerbaijani company benefiting from EBRD advice on how to export successfully.
Ibrahim Alisoy stood at a crossroads in the fortunes of his outdoor furniture firm. There was plenty of interest from abroad for his small company’s innovative products, but he wasn’t sure how to ramp up production efficiently to begin exporting to customers thousands of miles away. So, in February this year, the co-founder and general manager of IDEA LLC in Azerbaijan turned to the Advice for...
woman-led accessory and home-care products company in Azerbaijan
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped a woman-led accessory and home-care products company in Azerbaijan introduce an effective recruitment and sales system. The EBRD helped ESSE LLC, a woman-managed company distributing a wide range of women accessories and home-care products, to introduce an...
Man at poultry farm.
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped an Azerbaijan-based poultry company get financing to expand operations. The EBRD helped Nabran-Qusculuq LLC, a poultry breeding company in Azerbaijan to develop a qualified business plan and to receive financing from the EBRD partner bank. Within a year of...