Success stories

With funding from the European Union and Sweden, the EBRD helped Vestra to transform their clothing patterns development process and to grow their business, enabling them to create over 200 new patterns, to cut development time and to reduce fabric waste. The EBRD helped Vestra to transform their process for developing clothing patterns and to grow their business. Working with a local technology...
by Nina Tsintsadze The EBRD and the EU have helped a traditional brewery in Batumi, Georgia, upgrade its production and enhance quality to meet European standards. A beautiful seaside town with blue sky, a stony shore and surrounding mountains – over the past decade, the city of Batumi on Georgia ’s Black Sea coast has become a hotspot for travellers not only from neighbouring countries, but...
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...
software company increases its business
With funding from the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development helped ScienceSoft, a software producer from Belarus, to diversify its client base and to expand business through a merger, increasing turnover by 65% in one year. The EBRD helped ScienceSoft to almost double in size and to diversify its client base , as well as to overhaul...
Medicine boost in Georgia
With funding from Sweden and the European Union under the EU4Business Initiative, the European Bank for Reconstruction and Development (EBRD) helped 23rd Policlinic of Treatment & Diagnostic Center LTD, a medical centre from Georgia, to receive ISO certification and expand operations. The EBRD helped 23rd Policlinic of Treatment & Diagnostic Centre LTD, a women-owned medical centre...
Oldcom’s manufacturing facilities
A Moldovan footwear manufacturer is growing its business substantially with help from the European Bank for Reconstruction and Development Advice for Small Businesses programme . Chisinau-based Oldcom SA has been able to open three new shops, increase revenues by 10%, launch 50 new items of footwear, and begin exporting to the neighbouring Ukrainian market – thanks to productivity improvements in...
A group of people sitting and standing around an oval desk
The distinctive feature of Belarus from other post-Soviet countries, united by the Eastern Partnership, is the dominant role of the state in almost all spheres, including the national economy. The basis of the national economy is controlled by state companies, and for a long time the private sector was given a secondary role. Zhanna Tarasevich, a co-chairman of one of the national business...
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,...
Women and a man sitting around a desk in an office
Representatives of Moldova’s Chamber of Commerce and Industry (CCIRM) have taken part in a European Union (EU) Twinning programme, visiting their counterparts in Brussels and coming away with valuable ideas and tips on how to improve the support and services the CCIRM offers its own business community. East Invest 2, a project being supported by the EU, is assisting the CCIRM with learning from...
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...