News/Press

The conference hosted by the Business Support Centre in Kyiv
A number of SME managers took part in a recent EU4Business conference in Kyiv, where they considered the development of their company and ways to take their business to a new level. The open event took place on November 22, at the Kyiv Business Support Centre, with EBRD support under the EU4Business initiative. Leading experts in strategic management, marketing and public relations, as well as...
Participants in the keys to financial management training
A training was recently held in Sumy for women in business, entitled ‘Keys to Financial Management’, organised by the Business Support Centre of Sumy, with EBRD support under the EU4Business initiative funded by the European Union. The course is specifically designed for female entrepreneurs, and consisted of two training sessions, with a break between them, so that participants have time to...
The event took place in Lviv, an IT industry hub in Ukraine
The IT industry in Ukraine has a huge potential for growth, but instability of tax regulation, lack of specialists and a number of regulatory barriers are constraining the development of the industry. Ways of overcoming these barriers were discussed on November 23 by representatives of the government, IT-business and academics during a roundtable in Lviv on regulation of the software development...
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 implementing 20 deliverables by 2020 that will bring tangible benefits to citizens. The Summit, held at the level of Heads of State or Government, brought...
On the eve of the 5th Eastern Partnership (EaP) summit in Brussels, EUROCHAMBRES – the Association of European Chambers of Commerce and Industry and a key partner of the EU4Business initiative in the East Invest programme – has called for a strong political engagement of the European Union in the EaP countries, and underlined the importance of further economic reforms, development of the private...
Ukrgasbank will start lending to Ukrainian small and medium-sized enterprises (SMEs) at a rate of 15% per annum in hryvnia, following an UAH 81 million agreement signed between the German-Ukrainian Fund (GUF) and Ukrgasbank on 23 November. The agreement is part of the German government’s SME Support Programme, which runs in conjunction with the EU-funded EU4Business initiative that provides funds...
The EBRD is working with ProCredit Bank
The European Bank for Reconstruction and Development is providing fresh funds to develop local currency lending and SME support mechanisms in Ukraine under the EU4Business initiative. The use of local currency gives greater comfort to potential borrowers, who will not be exposed to foreign exchange risks. The EBRD is providing a four-year local currency loan in Hryvnia (UAH) worth US$ 25 million...
On October 31, the Board of the National Bank of Ukraine approved the large ‐ scale ‘Restart Lending’ project, which includes the introduction of a new credit guarantees scheme for loans to small and medium-sized enterprises, which is supported by the German-Ukrainian Fund (GUF). To accelerate the implementation of the credit guarantee scheme, the GUF, in cooperation with its partner banks, will...
The 5 th Eastern Partnership (EaP) summit will take place in Brussels on Friday, 24 November, bringing together heads of state and government from EU member states and the six Eastern partner countries. Among the priority areas to be discussed are economic development and better market opportunities. The leaders will look forward to future cooperation, as well as taking stock of what has been...
A Business Support Centre last month started operations in the Ukrainian capital Kyiv, part of the EU4Business initiative of the European Union, supported by the European Bank for Reconstruction and Development (EBRD) . The Business Support Centre in Kyiv was established jointly with the EBRD at the Kyiv Chamber of Commerce and Industry, of which it is a subdivision. In May 2016, the EU4Business...