News/Press

New EU support for private sector development
The European Union has announced the doubling of the bilateral assistance package to Belarus to €29 million in 2016 The funding package has doubled from €14.5 million in 2015 to €29 million in 2016, with the aim of boosting private sector development and strengthening institutions in the country. Funding will be provided to strengthen private sector development (€14 million) by contributing to...
The European Bank for Reconstruction and Development (EBRD) is set to allocate € 10 million towards a project that aims to increase the energy efficiency of Chisinau’s buildings. On 30 November 2016, the EBRD will finalise a decision to allocate €10 million towards increasing the energy efficiency of Chisinau’s buildings. This funding is in addition to a €5 grant previously announced by the...
EU creates online platform for winemakers
The new database will provide a range of information on Georgian wine producers and help them to explore export opportunities in the EU New opportunities are opening for Georgian winemakers and wine-lovers through a new EU-funded programme to spur growth in exports of Georgian wine to the EU market. The new online database being developed will provide a range of information about wine producers...
COMERTBANK signs partner agreement
Moldova
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BC "COMERTBANK" SA is the first bank to accept the conditions proposed by ODIMM concerning the procedure for guaranteeing loans for SMEs The Organisation for Development of Small and Medium Sized Enterprises (ODIMM) and BC "COMERŢBANK" SA have signed a new cooperation agreement which provides for simplifying and improving the procedure for granting credit guarantees to SMEs. This is the first of...