Success stories

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...
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...
EU funding for Ukrainian entrepreneurs
Ukraine
 | 
How Ukrainian entrepreneurs receive concessional financing thanks to EU loan programmes Focus magazine, together with the EU Delegation in Ukraine, is launching a special project on the opportunities for small- and medium-sized enterprises (SMEs) available in the country thanks to EU programmes. Focus will tell the real stories of entrepreneurs who have received funding and acquired the necessary...
Roksolana Vakulenko, director of Vip-Toys - company that Toys launched the production of children's toys with EU4Business Support
Two years ago, Vip-Toys launched the production of children's toys in the city of Rivne in Western Ukraine, operating under the Doloni-Toys trademark. Production immediately began to grow rapidly. The range of goods was initially small, with the company producing and selling just four types of toy, employing 15 people and with two pieces of equipment. Now, the range includes dozens of items, with...
Ukrainian entrepreneurs, who are now confidently gaining their place in the EU market, went to Chile to get useful tips for successful exporting
Chile is the world's leading producer and exporter of blueberries. Ukrainian entrepreneurs, who are now confidently gaining their place in the EU market, went to Chile to get useful tips for successful exporting. In recent years, the Ukrainian blueberry sector has been demonstrating the highest growth rates in the fruit and vegetable sector in Ukraine, with a total production area of 2,100...
Ukraine
 | 
Doing business will soon become easier for Ukrainian entrepreneurs: retailers will be subject to simpler regulations and there will be fewer grounds for penalties. The Better Regulation Delivery Office (BRDO) is working to promote the de-regulation of this sector as part of the FORBIZ project. Mykhaylo, 42, is the IT Manager of a small retail company that is expanding its chain of home furnishing...
Olha Radinovych
Olha Radinovych founded a company with two other female friends 14 years ago, when each of them had only $100 in their pockets. At the time, their business idea seemed risky. Now, she is the director of the company, a Ukrainian manufacturer of orthopaedic and medical products. The company produces 87 kinds of orthopaedic products and more than 100 different compression knitwear products. The...
Andriy Mitchenko, one of the founders of Ecosoft
Ukraine
 | 
“When I see the big yellow and blue flag every day on my water filter and the inscription ‘Made in Ukraine with pride’, it makes me proud,” says Olga, 35, from Kyiv. “In fact, it’s very satisfying that such high-quality goods are being produced in our country.” For three years, Olga’s family has been using the reverse osmosis cleaning system manufactured by Ecosoft. The proud Kyiv resident says...
New kilns have enabled Polissia to dry around 1500 cubic square metres of pine board per month
Ukraine
 | 
Boosting the supply of credit to small and medium-sized enterprises is vital for jobs and growth, especially in Ukraine where SMEs account for over 90 per cent of businesses and employ two-thirds of the active working population. Thanks to EU support under the EU4Business initiative , in 2017 the European Investment Bank Group started a programme, which provides loan guarantees to local banks in...