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.

News/Press

The EU Business Climate Report 2017 was launched during the recent EU-Azerbaijan Business Forum on 8 June 2017. The survey aims to assess the current conditions for doing business in Azerbaijan, highlighting key reform achievements and remaining...
Over 500 representatives of business and government attended the EU-Azerbaijan Business Forum in Baku on 8 June. The forum was organised by the EU Delegation to Azerbaijan, in cooperation with the Azerbaijan Export and Investment Promotion...

Success stories

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...
Scientists in lab
In order to provide modern water treatment solutions for households and businesses in Ukraine , the EBRD is extending a US$ 3 million loan to Ecosoft, the country’s leading producer of water purification equipment. The investment will strengthen inclusion by providing customers with access to clean water at affordable rates. Inclusion is one of the six transition qualities defining the EBRD’s...
Sergei Sinizkiy, the founder of Dzherelo, a grain and industrial crop grower, standing next to his tractor.
A Ukrainian SME has grown its grain and industrial crop business thanks to a series of carefully targeted small loans arranged under the EU4Business programme. Now the small company, Dzherelo, has expanded to farm 1 000 hectares and created seven jobs. Farmland expansion plan supported Sergei Sinizkiy, a businessman farmer in Kharkiv region, Ukraine, was farming just a few hectares of land little...