Success stories

Ukraine
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Thanks to new technological developments, Ukrainians are now able to use “mobile money”. The advent of this service, used worldwide, was made possible thanks to an improvement in the business climate supported by the Better Regulation Delivery Office (BRDO), financed by the European Union as part of the FORBIZ project. In Ukraine, almost 35% of the population of 16 million have no regular access...
Sitis is a Ukrainian company specialised in ‘1C’ enterprise control systems – a universal cloud and on-premise system for automating a company’s financial and wider operational activities. In this capacity, the company has acted both as a consultant for the European Bank for Reconstruction and Development’s (EBRD) business advisory service, and as a beneficiary of those same services,...
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped Ukrainian electrical manufacturer PromAvtomatika Vinnitsa to develop and ‘clean up’ the organisational structure of the business, leading to greater efficiency and flexibility. Since 2002, the company has been engaged in the production, sale and...
Thousands of Ukrainian entrepreneurs dream of becoming suppliers of large retail chains in order to have guaranteed business. Tetiana Yaremchuk managed this challenge, and is now working on delivering her products to the EU. Tetiana Yaremchuk meets the journalists at the station in the city of Dnipro, sitting at the wheel of a white jeep. Dodging numerous potholes, the diminutive businesswoman...
The ‘ Better Regulation Delivery Office ’ (BRDO) of Ukraine has been truly living up to its name – with its expert, dynamic approach, it has proven to be a catalyst for improving the business environment and delivering concrete regulatory results that has helped to stimulate economic growth and boost the investment climate. As an independent regulatory policy advising and delivery institution,...
Andriy Soroka
Ukrainian farmer Andriy Soroka started out with a small plot, but over the years he has built up his farm to more than 300 hectares to become an independent producer with his own agricultural machinery and premises, reinvesting his income into the further development of the business. Now, with the help of EU4Business initiative, the German Government, which provided a loan through the German...
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped UBC Promo, a manufacturer of promotional materials from Ukraine, to introduce principles of ‘Lean Manufacturing’ into its production process, improving productivity by 89%. UBC Promo was founded in 2000. Initially employing only five people, the company...
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped WebProduction, a Ukrainian IT company to develop an effective marketing strategy. After entering the Latvian, Belarusian and Kazakh markets with the new strategy, the company recorded a 180% increase in sales and 200% growth in turnover. WebProduction was...
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped Ukrainian company Nebesna Krinitsa, which produces and sells bottled drinking water, to implement a system for food products safety management, and to optimise its business processes. Within a year of completing the project, the company’s turnover had grown...
With funding from the European Union under its EU4Business initiative, the European Bank for Reconstruction and Development (EBRD) has helped Vinnik, a tyre distributor from Ukraine, to define its long-term business plan, improve production efficiencies and almost double profits. Vinnik is an independent tyre distributor specialising in truck tyres, wheels and aftersales through a nationwide...