Success stories

“ In our region, agriculture has always been predominant. As I always liked the industry, I wanted to become engaged by creating something new ,” says Andrii Vyacheslavovich Isichenko, who found support for his ambition from the European Fund for Southeast Europe (EFSE) and the EU4Business initiative in Ukraine. “I decided to engage in the production of flexible packaging, made of propylene. This...
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“My life story is not easy. An orphan at the age of 15, I started my own business and faced many challenges along the way. With support from others, I was able to manage these tough times. I love my team and make sure that I repay my debt to society by being available to my customers and partners,” says Tatyana. Starting small, Tatyana Ivanovna Yaremchuk met the challenges of developing her small...
Thanks to the training and support provided by East Invest 1 and East Invest 2 , Elvira Sevostianenko and the Donetsk Chamber of Commerce and Industry (DCCI) have been helping Ukrainian SMEs enter the EU market. The Donetsk Chamber of Commerce and Industry (DCCI) has a long history of increasing the competitiveness of the region’s entrepreneurs by providing professional services and creating a...
Coffee beans and tea
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD)BRD assisted Monomakh, a Ukrainian tea and coffee producer, to create a new development strategy, optimise business processes and bring their financial reports into compliance with international standards. The EBRD helped Monomakh, a Ukrainian company specialising in...
Vegetable market.
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped Shuvar LLC, the first wholesale market for food and agricultural products in Ukraine, to introduce a smart energy strategy, reducing energy costs by 24% - amounting to EUR 90,000 in annual savings. The EBRD helped Shuvar to adapt to the volatile economic...
The project paves the way to better quality export oriented farming
With the help of EU4Business and the European Bank for Reconstruction and Development (EBRD), an agricultural producer in the Cherkassy region of Ukraine has been able to secure a loan to upgrade its fleet of combine harvesters and acquire supplementary agricultural equipment. The loan is covered by a first loss guarantee from the EU grant under the SME Direct Support Facility for SMEs in the...
When Andriy Zavalnyuk, and his wife and business partner Julia, from Ukrainian furniture distributor Meblevi Technologii approached the EBRD for help building a new website, they were in for a surprise. The bank’s Advice for Small Businesses team suggested that what they really needed was a reorganisation of the company. The results were immediately impressive. An eight-month project to make its...
label and packaging producer
Domen Druk , a printing and packaging company from Ukraine, has managed to boost its export sales, enter four new markets and increase turnover by an impressive 30%, following EBRD efforts backed by funding from the European Union (EU) under the EU4Business Initiative. By penetrating new international export markets and producing positive business results, this EBRD project has helped Domen Druk...
Women sitting at two tables
Businesswoman Valentyna Sukacheva knows how to deal with the hard stuff of everyday life. She is the Director of the metal service centre ‘STB’ in Chernigiv, a city in the north of Ukraine. Since the prolonged post-Soviet stagnation, Chernigiv has struggled economically. However, businesswomen like Valentyna, who has run a business in the rolled metal trade for over 20 years, are working hard to...
EBRD and EU help develop women-led Ukrainian businesses
Kiev travel agency improves website and extends client base Small and medium-sized enterprises (SMEs) in Ukraine account for a large majority of private sector employment and help drive much-needed stabilisation and economic growth. The EBRD, with support from Sweden and the European Union under its EU4Business Initiative, works to strengthen this important segment of the economy with tailored...