EU4BUSINESS IN UKRAINE

SMEs provide work for more than 4 million people in Ukraine, generate about 20% of the country’s GDP and make up the majority of the country’s companies.  The business environment in Ukraine is highly regulated but standards, support services for SMEs, innovation policy and assistance for women entrepreneurs need to be improved to allow SMEs to really thrive.

EU4Business aims to improve the country’s business climate. It makes it easier for SMEs to get finance and provides training and targeted support for businesses led by women and those working in the green economy. SMEs also get technical support to help them align with EU standards, increase exports and benefit from the free trade deal between Ukraine and EU.

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News/Press

The European Investment Bank (EIB) and the European Investment Fund (EIF) – jointly the EIB Group – have signed a guarantee agreement with Oschadbank in order to support €50 million of lending to small and medium-sized enterprises (SMEs) in Ukraine...
Around 100 people gathered in Sumy on 7 December for an EU4Business Forum on the ‘Benefits of European Integration for Enterprises and Organisations of the Sumy Region’. Participants included representatives of SMEs, NGOs and experts. The forum was...
Members of the tourism and hospitality business in the Zaporizhzhya region of Ukraine recently gathered for a conference on the ‘Development of tourism attractiveness of the region through improving the efficiency of SME activities in the HoReCa...

Success stories

Vice President of Volyn Chamber of Commerce and Industry in Ukraine receives valuable week-long training on membership services from Seville Chamber of Commerce in Spain. The East Invest 2 BSO Exchange Programme empowers Small and Medium Sized Enterprises (SMEs), associations and related BSOs (such as Chambers of Commerce) in Eastern Partnership countries by matching them with experienced...
“ 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...