Success stories

Craftsmen at an Azerbaijani company benefiting from EBRD advice on how to export successfully.
Ibrahim Alisoy stood at a crossroads in the fortunes of his outdoor furniture firm. There was plenty of interest from abroad for his small company’s innovative products, but he wasn’t sure how to ramp up production efficiently to begin exporting to customers thousands of miles away. So, in February this year, the co-founder and general manager of IDEA LLC in Azerbaijan turned to the Advice for...
Ruralis Tornare training.
To help boost the development of sustainable tourism in Azerbaijan and the country’s rural areas, the Ruralis Tornare project pairs local SMEs with representatives of Italy’s experienced tourism sector. Azerbaijan’s rural northwest region has all the ingredients of a tourism hotspot: great fishing, local cooking classes, horseback riding and bike tours – all at a competitive price. Although it is...
woman-led accessory and home-care products company in Azerbaijan
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped a woman-led accessory and home-care products company in Azerbaijan introduce an effective recruitment and sales system. The EBRD helped ESSE LLC, a woman-managed company distributing a wide range of women accessories and home-care products, to introduce an...
Man at poultry farm.
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped an Azerbaijan-based poultry company get financing to expand operations. The EBRD helped Nabran-Qusculuq LLC, a poultry breeding company in Azerbaijan to develop a qualified business plan and to receive financing from the EBRD partner bank. Within a year of...
Rural tourism entrepreneurs in Azerbaijan’s Northwest are reaping the rewards of cooperation with Italy’s experienced tourism sector. The EU initiative, Ruralis Tornare , roughly translated as ‘returning to rural’, recognises the potential for growth in rural- and eco-tourism in Azerbaijan. Effective digital marketing, competitive prices, local products and tailored services such as fishing,...
BMI LLC , a copper manufacturer in Azerbaijan, has successfully adapted its financial statements to comply with international standards, all thanks to funding from the European Union (EU) under the EU4Business Initiative, combined with support from the European Bank for Reconstruction and Development (EBRD). BMI LLC has been operating in Azerbaijan since 2005 and specialises in the production of...
female farmer
By providing female farmers with training in the practical skills of crop care and running a farming business, women in Azerbaijan are leading the country’s many family farms into the black. The LIFE project works to increase the number of women in leadership roles within the farming and agricultural sectors. To accomplish this, and with the support of the European Union (EU), the project...
Turkan Panahova, a successful 22 year old hairdresser, attends to one of her many clients.
Thanks to an EU-funded course on financial management, hairdresser Turkan Panahova is now the proud owner of her own successful beauty salon. Turkan Panahova, a young hairdresser in Azerbaijan, was struggling to make her business work. Although business was good, she had trouble finding the best way to manage her money and grow the business. Thanks to a two-day EU-funded financial training course...
When a local bookstore’s growth was outpacing its inventory capacity, its owner turned to the IT experts at the Small Business Support team (SBS) for help. In 2001, with just an initial investment of USD 600, Ms Kocharli set up a book store. With this money, she bought books from Russia and Ukraine and sold them in Azerbaijan. At first this was done via direct orders, but soon business was...