Success stories

Zhirayr Martirosyan
Zhirayr Martirosyan and Nadejda Sevoyan were among the first people to offer hostel accommodation in Goris in southern Armenia back in 2003, and they have been welcoming guests from all over the world ever since. From the beginning, the hostel stood out with its comfortable amenities, delicious Armenian food prepared by the landlady using only fresh ingredients, as well as its unique artistic...
The production of k nitted garments and carpets is growing in Armenia, drawing inspiration from the traditions of generations and from elaborate patterns of dragons and eagles that reflect the rich history and culture of Armenia. One producer of knitted garments - LOOM Weaving - thanks to assistance provided by the European Union, has not only developed its own style that is feminine, national,...
Hard work has allowed two Ukrainian businessmen to create a modern printing production. The new equipment will allow them to reach a whole new level Those who are running away from Ukraine surprise me. They say there are no opportunities here, well there is no better place in the world to achieve your potential!” Businessman Yaroslav Boychuk is enthusiastic when he talks about working in his...
Georgia is celebrated for its culinary traditions. Each of its regions has its own unique speciality and iconic dish. In the west, a variety of khachapuri , a cheese-filled bread, is offered to guests, while the Kakheti region is the country’s wine-making hotspot. Nowadays, you can find the traditional sweet known as churchkhela almost everywhere in Georgia but the Kakhetian recipe is considered...
The Exporters ’ Academy was recently launched in the Republic of Moldova by the Moldovan Chamber of Commerce and Industry (CCI), so that Moldovan entrepreneurs could become familiar with the rules of exporting to the European market. As part of this initiative, the European Bank for Reconstruction and Development in April 2018 organised two trainings in cooperation with the CCI – one for beginner...
It has been over a year now that the Georgian film industry has come into focus of a cluster development initiative launched in Georgia with the support of the European Union. The Georgian Film Cluster is now an officially registered entity that brings together leading professionals in film production and post-production, who share a common vision for promotion of the Georgian film industry. The...
With the advice of the OECD as part of the EU4Business initiative, Georgia has built a comprehensive set of policies, institutions and support programmes that make it stand out as a reference point in the Eastern Partnership for impactful and coherent policymaking for small and medium enterprises. Following the wave of liberalisations and investment-friendly reforms of the early 2000s, Georgia...
Ukraine
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Thanks to new technological developments, Ukrainians are now able to use “mobile money”. The advent of this service, used worldwide, was made possible thanks to an improvement in the business climate supported by the Better Regulation Delivery Office (BRDO), financed by the European Union as part of the FORBIZ project. In Ukraine, almost 35% of the population of 16 million have no regular access...
Harnessing the possibilities of the web opens up new business expansion opportunities for companies through direct interaction with their clients. Those who are aware of this cannot lose. Chișinău-based Vitra, a company specialising in designing and manufacturing commercial and industrial furniture is now convinced of this. With support from the European Bank for Reconstruction and Development (...
The IT sphere has grown to be one of the most important industries in Armenia, with its startups, tech entrepreneurs and innovators who believe in a high tech future. One Armenian startup has created the Triple-E Augmented Reality Platform, and is expanding its business to Europe and beyond thanks to the assistance provided by the European Union. Armenia is looking to IT to grow the economy...