News/Press

The EU Business Climate Report 2017 was launched during the recent EU-Azerbaijan Business Forum on 8 June 2017. The survey aims to assess the current conditions for doing business in Azerbaijan, highlighting key reform achievements and remaining bottlenecks. Improvements made but economy still weak Despite notable improvements in the EU businesses' perception of the economic situation over the...
Evening cityscape of Tbilisi © European Commission
Georgia
 | 
Prime Minister Giorgi Kvirikashvili and EU Ambassador Janos Herman jointly launched a new information portal on all DCFTA related matters. The site is hosted by the Ministry of Economy and Sustainable Development of Georgia. It was developed with the support of the EU–GIZ Project ‘SME Development and DCFTA in Georgia’. The website is online since June 19th and provides detailed information on all...
Participants at the East Invest 2 Annual Partner Conference 2017
21 June 2017, Kiev More than 100 business support organisations (BSOs) representatives from Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine and the EU Member States gathered in Kiev today for the final conference of the EU funded East Invest project. Participants discussed private sector's engagement in policymaking across the Eastern Partnership (EaP) countries and showcased East Invest...
Over 500 representatives of business and government attended the EU-Azerbaijan Business Forum in Baku on 8 June. The forum was organised by the EU Delegation to Azerbaijan, in cooperation with the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and the German-Azerbaijani Chamber of Commerce. It aimed at increasing networking and contacts between EU and Azerbaijan companies, and...
Statue in Ukraine
Joint outreach with EU4Business Initiative to support local SMEs Strengthening and deepening its outreach in Ukraine , the EBRD has opened a new regional office in the southern city of Odessa, the country’s naval gateway on the shores of the Black Sea and one of its most important industrial centres. The Odessa office is the EBRD’s third representation outside the capital, Kiev, and will serve as...
Ukraine’s SME Strategy 2020 seeks to facilitate access to finance for the country’s many small and medium-sized companies.
The Ukrainian Government has approved a new strategy to boost SME development and open up access to finance. The Development of Small and Medium-sized Entrepreneurship in Ukraine Strategy (SME Strategy 2020) aims to increase the contribution of SMEs to the national GDP to 60.5% by 2020 , from 59% in 2015. It embraces the principles of the Small Business Act for Europe and recommendations of the...
Participants at the Unleash The Future forum in Yerevan on 30 May.
Over 200 representatives of the Armenian tech and science community gathered for the Unleash The Future forum in Yerevan on 30 May. The event was organised by SmartGateVC in cooperation with the Foundation for Armenian Science and Technology (FAST) , and with the support of EU4Business and EU4Innovation. The aim of the forum was to link different generations of Armenian entrepreneurs and...
Young person working in kitchen © EU
EU4Business has launched a new project in three Armenian provinces – Lori, Syunik and Armavir – to train young people in growing their start-ups. Successful Start, launched in May by the Small and Medium Entrepreneurship Development National Center (SME DNC) in Armenia , will help scores of budding entrepreneurs establish viable companies by developing their business skills and helping them...
Conference participants © European Union
Internationalisation and skills needs are two of the biggest challenges facing SMEs in Eastern Partnership (EaP) countries, the 17 th Meeting of the Platform 2 on Economic Convergence with EU Policies heard in Brussels on 18 May 2017. Platform 2 works to improve economic integration between EaP countries and the EU and help EaP countries align with relevant EU policies to improve their business...
Participants at the EU4Business first General Assembly, 17 May 2017
The 1st General Assembly meeting of the EU4Business initiative took place on 17 May in Brussels. It brought together over 80 representatives from the six Eastern Partner countries, country missions to the EU, implementing partners (EBRD, EIB, OECD, World Bank, GIZ, KfW, GFA, Eurochambres, ITC, IKZ, EBA) and European Institutions. Discussions focused on key achievements and the way forward for...