Success stories

Volodymyr Hnatyuk
How Ukrainian company Yarych has become a leader in the domestic biscuits market, supported by expert advice Yarych Confectionery, located in the village of Staryiy Yarychiv near Lviv, can easily be detected by its strong, unusual odour. It smells of garlic and vanilla… at the same time. "This comes from the savoury crackers and the Maria biscuits" – the origin of the strange aroma is explained...
It’s hard to imagine how a modern organisation was able to function without computers just a few decades ago and likely much of our office life would come to an abrupt halt if we did not have access to these vital systems now. In Azerbaijan, DiVi specialises in IT solutions for the workplace. The company supplies computer and office equipment – everything from PCs, tablets and printers to...
A bottle and glass of Madam Wine in a cellar in Georgia
With funding from the European Union and its EU4Business initiative, the EBRD’s Advice for Small Businesses programme has helped an all-women Georgian wine producer to grow its presence online and increase visibility to attract new clients and explore new export markets. As a result, the company has boosted its outreach and found clients both on domestic and foreign markets. As one of the oldest...
Operating a successful media business in a small market is a major challenge, according to Lyudmila Chekina, CEO at TUT.BY , the leading online news portal in Belarus, which employs more than 50 editorial staff and is read by 42.9% of all Belarusian internet users. And in the case of media, success is not just measured on the balance sheet: independent media needs a sustainable business model to...
Whether in restaurants, our kitchens and bathrooms or large-scale businesses, tiles are everywhere in our daily lives. Chinese producers have discovered this opportunity and taken a significant market share in recent years. But European consumers have other options closer to home. Keramo Rosso produces its ceramic tiles in Taraclia, southern Moldova, in a factory which employs about 150 employees...
Eleven years ago, Farid Ismayilzada founded ‘GoldenPay’, an online payment processing service for Azerbaijan. Returning from the United States where he’d been working at the time, he spotted a business opportunity when he realised that online trading, shopping or payments were not available in his home country. “For me, it was an opportunity to set up business and as soon as I discovered it, I...
The production of k nitted garments and carpets is growing in Armenia, drawing inspiration from the traditions of generations and from elaborate patterns of dragons and eagles that reflect the rich history and culture of Armenia. One producer of knitted garments - LOOM Weaving - thanks to assistance provided by the European Union, has not only developed its own style that is feminine, national,...
Zhirayr Martirosyan
Zhirayr Martirosyan and Nadejda Sevoyan were among the first people to offer hostel accommodation in Goris in southern Armenia back in 2003, and they have been welcoming guests from all over the world ever since. From the beginning, the hostel stood out with its comfortable amenities, delicious Armenian food prepared by the landlady using only fresh ingredients, as well as its unique artistic...
Hard work has allowed two Ukrainian businessmen to create a modern printing production. The new equipment will allow them to reach a whole new level Those who are running away from Ukraine surprise me. They say there are no opportunities here, well there is no better place in the world to achieve your potential!” Businessman Yaroslav Boychuk is enthusiastic when he talks about working in his...
Georgia is celebrated for its culinary traditions. Each of its regions has its own unique speciality and iconic dish. In the west, a variety of khachapuri , a cheese-filled bread, is offered to guests, while the Kakheti region is the country’s wine-making hotspot. Nowadays, you can find the traditional sweet known as churchkhela almost everywhere in Georgia but the Kakhetian recipe is considered...