News/Press

What loans can Ukrainian businesses obtain to develop and enter international markets? Representatives of three Ukrainian banks – KredoBank, Ukrgasbank and ProCredit Bank – speak about local currency loans offered for small and medium-sized enterprises, provided by Ukrainian banks in partnership with European financial institutions – the EBRD, EIB and KfW. The loans have become available thanks...
GLS Bank has made its second investment in the European Fund for Southeast Europe (EFSE). With its purchase of €27.9 million in EFSE notes, the bank is continuing to join forces with EFSE to ensure access to financing for micro and small enterprises and to support low-income private households in Southeast Europe and the European Eastern Neighbourhood Region, where it operates under the...
An increasing number of women entrepreneurs in the modern world are striving to learn new business management tools and take their business activities to a new level. Responding to this demand, the Business Support Centre in Kharkiv recently organised a conference on ‘Women in Business. Harmony and success’, held as part of the EU4Business initiative with the support of the EBRD. On December 19...
Production of ceramic tiles in Ukraine has been growing steadily in recent years, accounting for an increasing share of the domestic market, and with an ever-greater volume of exports, according to the latest study by the Better Regulation Delivery Office (BRDO), with the support of the EU4Business FORBIZ project. But the high cost of certification through authorised representative offices of...
The European Fund for Southeast Europe (EFSE) has provided CreditWest Bank, Ukraine, with a financing package of €6 million, including the equivalent of €3 million in local currency, which will allow the bank to expand into small and medium-sized enterprise (SME) financing with particular focus on agricultural businesses. Having started as a corporate bank, CreditWest Bank is diversifying into...
A four-day training on industrial energy efficiency was held on 11-14 December at the Kropyvnytskyi Business Support Centre. The workshop was organised with the support of the EBRD within the framework of the EU4Business initiative, and was aimed at enhancing the skills of participants in the field of energy efficiency and raising the standards of the energy efficiency projects they are...
The EU4Business FORBIZ project has selected the Chernihiv region to participate in an EU-funded pilot programme that supports regions and cities in Ukraine to successfully formulate and implement development policies for small and medium-sized enterprises (SMEs). The Chernihiv Region State Administration, and the City Councils of Nizhyn and Chernihiv signed a Memorandum of cooperation with FORBIZ...
On December 18, Ukraine’s Cabinet Ministers held a "deregulation day", which resulted in the adoption of 12 business decisions and the abolition of 340 outdated regulations, following initiatives prepared by the Better Regulation Delivery Office (BRDO) in conjunction with the Ministry of Economic Development and the State Regulatory Service, with the support of the EU4Business FORBIZ project. In...
The development of environmental-friendly transport in Ukraine is being held back by the absence of a regulated market for electric charging stations, according to the Better Regulation Delivery Office (BRDO), set up in Ukraine with the support of EU4Business and the FORBIZ project. If proper infrastructure is to be developed, it is necessary to create transparent conditions for connection to...
Entrepreneurs from the Zaporizhzhya region of Ukraine recently had the opportunity to take part in an EU4Business training on export practices and trade financing, organised by the European Bank for Reconstruction and Development (EBRD) and hosted by the Zaporizhzhya Business Support Centre. The three-day workshop provided support to SMEs on how to enter new markets, while focusing on payment...