News/Press

To follow up on the first workshop on product listing that took place earlier in May 2018 of this year, a second workshop was held at the end of August. Similar to the first workshop, the workshop is part of the bigger, recently launched “Ready to Trade” project, which aims to both increase the competitiveness of SMEs from Azerbaijan and other Eastern Partnership countries and improve access to a...
Startup Boost Weekend
The Startup Boost Weekend, a unique 54-hour event targeting around 120 university students not only from Yerevan but from various marzes of Armenia, took place from 14-16 September, providing participants with the opportunity to define and shape their startup ideas, develop teams, and under the supervision of experienced mentors present fresh and creative startup ideas. For the second year now,...
Meliora Responsible Business Awards
Companies in Georgia have until 10 October to enter the 2018 Meliora Responsible Business Awards , an annual Corporate Social Responsibility Excellence Contest organised as part of the EU-funded ‘Georgian Civil Society Sustainability Initiative’. The contest is organised in collaboration and with the support of various business associations and aims to promote responsible business conduct in...
Training on product listing in Azerbaijan
Following up on a first workshop on product listing in May this year, a second workshop was held in Baku at the end of August, as part of the recently launched EU4Business ‘ Ready to Trade ’ project, which aims to increase the competitiveness of SMEs from Azerbaijan and other Eastern Partnership countries, and to improve access to a more global market, with a particular focus on the European...
At work in a textile factory in Moldova
Two new business clusters have been launched in the southern and northern regions of the Republic of Moldova, with the support of the European Union. They concern creative industries in Cahul and textile companies in Soroca, and offer the opportunity to bring businesses together to develop joint projects. The creation of the two clusters was carried out by the Organisation for the Development of...
In the Grovf offices in Yerevan
Grovf – an Armenian start-up supported by EU4Business and engaged in the Internet of Things (IoT) and database hardware acceleration – is one of two SMEs in the Eastern Partnership region, selected for funding under the first phase of the European Innovation Council’s (EIC) pilot of its SME Instrument. The second company – Raccoon Technologies – is from Ukraine. The company produces Raccoon...
OTP Leasing has been a well-established market player in Ukraine for a decade
The European Bank for Reconstruction and Development (EBRD) is providing a local currency loan of up to UAH 324 million (€10 million equivalent) to OTP Leasing (OTPL) in Ukraine for long-term leases to small and medium-sized enterprises (SMEs) across the country. SMEs will also benefit from grant funding of up to €1 million available under the European Union’s EU4Business initiative, which helps...
Staff from Belarusian clothing enterprises have taken part in an eight-day training on production efficiency organised by the International Trade Centre and the Belarusian Fund for Financial Support to Entrepreneurs, as part of the EU4Business project ‘Eastern Partnership: Ready to Trade’. The training took place in Minsk from 27 August to 5 September and was aimed at production and management...
Many agricultural businesses have received support under PARE 1+1
A total of 1,246 Moldovan businesses have received funding under the EU-funded PARE 1+1 programme since 2010, with total grants of 242.4 million lei trigerring further investments worth 767.7 million lei, the Interlic news website has reported, quoting a government press release. The programme has helped open 538 new businesses - mostly in rural areas, and to create 3,200 jobs. Programme...
Peter Michalko, Head of the EU Delegation to the Republic of Moldova
Sixty-eight per cent of Moldova’s exports now go to the European Union, the Head of the EU Delegation to the Republic of Moldova Peter Michalko has said in a message released to mark four years since the implementation of the Deep and Comprehensive Free Trade Area (DCFTA) between the EU and the Republic of Moldova. In his message, Peter Michalko said: "there are good results both in increasing...