Success stories

It all began in Rome with a cup of delicious, rich espresso. Sandro Beridze and Maka Komakhidze ­­– a young Georgian couple – became so fascinated with the culture and variety of Italian coffee drinking that they decided to bring part of it back to their homeland. It was the early 2000s and the coffee industry had yet to be developed back home. Georgian coffee lovers were not sufficiently...
Business and IT improvements prepare TAOR Karpaty for expansion Nestled in the Carpathian Mountains of Ukraine , the TAOR Karpaty lodge opened its doors to the public six years ago. Hiking, fishing and many more outdoor activities attract tourists and families seeking to escape their busy lives. “It’s time to return to nature – that’s our motto here,” explains hotel director Olena Sozanska. “Our...
eSwap: artificial intelligence to manage online sales
The start-up ecosystem in landlocked Armenia generates high value companies in a country with highly intelligent human capital. The eSwap start-up with its enthusiastic team of Gyumrians, inhabitants of the second largest city of Armenia, provides a multi-channel ecommerce management tool with a cutting edge innovation – integrated artificial intelligence, thanks to the assistance of the European...
Supporting small businesses in north-west Azerbaijan
The majority of households in north-west Azerbaijan live in rural and often remote mountainous areas with limited employment opportunities. The diverse population of the six north-western regions that comprise the Shaki-Zaqatala Economic Zone also includes many vulnerable families displaced by conflict. The Agalarov family, for example, fled to Shaki-Zaqatala from the Nagorno-Karabakh conflict...
Aliaksandr Danilau and Uladzislau Kazlousky
Belarus
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Ecoupack, a Belarusian enterprise near the city of Hrodna, started using a new automated production management system known as ‘Gulf Stream’, thanks to support from the European Bank for Reconstruction and Development (EBRD) programme ‘Advice for Small Businesses’. This support, which covered 60% of the total cost of the implementation and was provided within the framework of the EU4Business...
EU helps Shirak region become IT centre of Armenia
Information technologies (IT) are growing rapidly in Armenia. The country’s government announced IT as one of their priorities and recently decided to establish a Ministry of High Technologies. The Armenian government has also adopted laws according to which newly created IT startups will be granted tax privileges until 2020. In Armenia, almost everything is by and large centralised in the...
DAK Farm in Belarus received support from the EU
When planning for the future of a business, it is important to rely on qualified marketing research and unbiased specialist opinion. This is what Dzmitry Krylou, the owner of DAK farm, the only breeding goat farm in Belarus, was looking for when he applied to the ‘Advice for Small Businesses’ programme implemented by the European Bank for Reconstruction and Developmen t (EBRD) as part of the...
EU promotes social entrepreneurship in Armenian provinces
Social entrepreneurship is a relatively new phenomenon in Armenia. As recently as five or six years ago, few people knew about it. Despite the fact that there is still no legislation in place regulating it, social entrepreneurship is growing in Armenia. The non-governmental sector is the driving force in this process. Representatives of the sector are now drafting the relevant laws, which are to...
Regional Doing Business, carried out for the second year in a row by the Better Regulation Delivery Office (BRDO)
The business climate for small and medium-sized businesses is slowly but surely improving in the Ukrainian regions. One of the engines of progress has been a large-scale survey entitled Regional Doing Business, carried out for the second year in a row by the Better Regulation Delivery Office (BRDO), funded by the European Union as part of the FORBIZ project. In October last year, a festive event...
How studying at the Furniture Business Management School, helped FROP become a team and improve its performance.
Vasyl Fetsenets (co-owner of FROP): We are constantly learning, not afraid of complex challenges and responsibility. How studying at the Furniture Business Management School, helped FROP become a team and improve its performance. Vasyl, please tell me, how did the idea to engage in furniture business occur? One day I received a proposal from my current business partner to invest in furniture...