Success stories

Pixomatic co-founder Garik Avetisyan
Pixomatic is an Armenian startup that has developed a state-of-the-art online photo editor, with a unique image-cutting feature. It allows instantly to remove a background from any photo, make it transparent, add different colours and filters, or switch the background with another photo. The mobile app has over 500,000 monthly active users and is available on Web , iOS and Android devices. Co-...
The Cloud Networks team at work
XCloud Networks fully automates the deployment and management of network infrastructure, enabling companies to own their network stack. This allows them to be vendor-agnostic (i.e. not tied to the products of a specific manufacturer), to reduce capital expenditure and increase stability. Based in Sunnyvale, California with an office in Armenia and 14 employees, XCloud Networks received an...
Rostyslav Vovk, co-owner of Kormotech in Lviv, feeds House, his West Highland White Terrier
Ukraine
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A Ukrainian company from Lviv has become a leader in the domestic market and established export sales to more than 20 countries. The EBRD’s business advisory programme, with support from the EU4Business initiative, has helped it to become more sustainable. Angel the Bobtail, Martin the Yorkshire Terrier and Berry the Beagle were the new unusual employees coming to work at the head office of the...
Boxwood is one of the 11 companies that have come together with the aim of creating a unified cooperation platform of companies operating in Georgia’s ICT sector. George Keshelashvili, Executive Partner at Boxwood, believes this type of cooperation will be beneficial, both for the companies involved and the ICT sector as a whole, as the cluster will make it possible to address common challenges...
Ukraine
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Entrepreneur Andriy Soroka is relaunching his father’s farming business. A business loan under the EU4Business programme helped him take an important step on this path. A pizza with snails, fried potatoes with snails. Farmer Andriy Soroka shows dishes prepared with his produce on the screen of his phone. An Argentine restaurant in Kyiv took five kilograms of chilled molluscs and made two dishes...
Rodion Sobchenko, administrator of Riomax-Prim
The nutritional and medicinal value of sea buckthorn – a flowering shrub that produces compact orange fruit – has been known in Europe for generations. Yet despite its growing reputation as a “super fruit”, particularly beneficial for treating skin disorders, until now, there were no producers in the Republic of Moldova able to deliver industrial quantities of this curative product. “The thought...
Apricots are among the fruit grown on Constantin Andriuţă's farm
Constantin Andriuţă from the village of Şeptelici near Soroca has always been successful in agricultural business. Since graduating in agribusiness in 1996, his business has grown and he has succeeded in diversifying his crops, with a particular focus on horticulture. He planted apple, pear, apricot, cherry, walnut and peach orchards, eventually joining up with four other agricultural enterprises...
Aydin Aliyev, co-owner of Sermar
Sermar LLC is a ceramic tiles and accessories store selling leading European products in Baku, a long journey from its beginnings in the early 2000s, when it was established as a small shop selling construction materials. “At that time it was just a small store covering a 15-50 square metre area,” recalls the co-owner of the company, Aydin Aliyev .“For 12-13 years, the store operated in that way...
One of Vigen Mnatsakanyan's bee houses
Four new businesses have opened in the Lori region of Armenia with the support of the EU and its EU4Business initiative. The businesses, in the cities of Vanadzor, Stepanavan and Alaverdi, all launched their activities within the framework of the ‘ Boosting Competitiveness of regional SMEs ’ project, co-funded by the EU and the Republic of Armenia. Apitourism and apitherapy Apitourism and...
Innovative advisory project puts wine village of Mukhrani on the tourism map It is said that for agritourism to thrive, visitors need three things – something to see, something to do and something to buy. The charming village of Mukhrani, only a 30 kilometre drive from Georgia’s capital Tbilisi, ticks all the boxes. Shrouded in greenery, it combines the history of the Georgian royal family with...