News/Press

Armenia The Government reopened some sectors of the economy . While Armenia extended the state of emergency for another 30 days restricting movement of people, it relaxed some industries such as open-air construction and cigarette manufacturing. Read More The Armenian economy loses 51 million USD daily because of the coronavirus. During the first month of the state of emergency Armenia will lose...
Armenia The spread of coronavirus disease "due to anti-epidemic measures will significantly reduce Armenia's economic growth in 2020," the CB analysts said. In 2020, economic growth will be 0.7% and will recover in 2021, reaching 7.2%. https://bit.ly/civilnet-am Coronavirus caused $134 million damage to the tourism industry of Armenia in the first quarter of 2020. The State Tourism Committee...
Small and medium-sized enterprises in western Ukraine will benefit from a new loan of up to €7.5 million to Bank Lviv provided under the EU4Business-EBRD Credit Line. The loan will be available for disbursement in Ukrainian Hryvna, which will protect Bank Lviv’s borrowers from foreign currency-related risks, and offer long maturities. The funds are provided in the context of the Deep and...
Ukrainian apparel companies got expert recommendations on how to improve their wholesale technologies
On 9-13 March 2020, as part of the EU4Business ‘Ready to Trade’ project, the International Trade Centre in cooperation with the association “Ukrlegprom” organized training for 20 Ukrainian apparel companies and two state-owned specialized educational institutions. Participants from 15 regions of Ukraine, including owners and top managers, gathered together in Rivne to get acquainted with best...
On 5-7 February, nine Ukrainian berry companies – Artberry, Melcherry, BigBlue, Valley-Agro, Blue Berry, Family Garden, StarBerries, iBerry, U-Berry – participated in Fruit Logistica, one of the world's largest exhibitions for the fresh food business that brought together more than 72,000 visitors this year. The companies’ participation in this trade fair was made possible thanks to the support...
The Eastern Partnership (EaP) Trade Helpdesk, a new EU4Business project implemented by the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization, was launched in late 2019. The 5 year long initiative aims to increase economic ties between the EU and the EaP countries (Armenia, Azerbaijan, Belarus, Georgia, Moldova, Ukraine). The project will:...
“EU4Business: Connecting Companies” is the name of an ambitious new action funded under the EU4Business initiative of the European Union and managed by EUROCHAMBRES . The main aim is to promote trade between the EU Member States & the 6 Eastern Partnership (EaP) countries: Armenia, Azerbaijan, Belarus, Georgia, Moldova & Ukraine. The “EU4Business: Connecting Companies” project is expected...
In October-December 2019, on the initiative of the Delegation of the European Union to Ukraine, the European SME Week will take place in Ukraine for the second time. A series of events will be held in 16 cities across Ukraine where small and medium-sized enterprises will learn how to enter international markets, find financial resources, strengthen entrepreneurial skills and how to improve...
EU4Business General Assembly: looking back on a decade of achievements and forward to the challenges ahead
The third meeting of the EU4Business General Assembly took place on 28 June 2019 in Brussels, and marked the 10th anniversary of the EU4Business Initiative. During this high-level event, the EU4Business Secretariat shared the results achieved during the last decade, as well as the progress made specifically in 2018. The 2019 General Assembly provided a unique opportunity for 83 participants,...
A group of international experts on post-harvest and business development will be in Ukraine from 22-26 July to advise local berry producers, in a visit organised by the International Trade Centre (ITC) and the Ukrainian Berries Association (UBA) as part of the EU-funded project ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’. The ITC experts plan to visit nine export-oriented...