News/Press

Launching a unique platform to support SMEs in Ukraine, Source BRDO
Small business in Ukraine now have a unique online platform to help them navigate the procedures to start a new business. The Platform for Effective Regulation (PRO) – http://regulation.gov.ua – was created by the Better Regulation Delivery Office (BRDO) under the EU4Business FORBIZ project. Launched on 20 September 2017, it provides a new online platform for business-to-state interaction – a...
A participant at the second International Business Women’s Conference in Chernihiv
The second International Business Women’s Conference was held on 7 September, organised by the Chernihiv Chamber of Commerce in Ukraine. The conference took place thanks to the financial support of the European Bank for Reconstruction and Development (EBRD) as part of the EU4Business initiative of the European Union. This conference saw successful representatives of the Chernihiv business...
business team
The Sumy region is most business-friendly region in Ukraine, according to the ‘ Regional Doing Business rating ’, developed by the Better Regulation Delivery Office (BRDO), set up under EU4Business FORBIZ project, and the Union of Ukrainian Entrepreneurs (SUP). The top five regions are the Sumy region, which received the highest score (107) for the best business climate, followed by Lviv (103...
inland waterways
Ukraine has 4,000km of potential inland waterways, but actually uses less than 10% of its river freight transport capacity, with inland waterways accounting for less than 1% of total freight traffic, compared to an average of 7% in the EU, according to a review of the sector carried out by the Better Regulation Delivery Office (BRDO), set up under EU4Business FORBIZ project. Representatives from...
ProCredit Bank signed an agreement on 5 September with the German-Ukrainian Fund to provide local currency loans to Ukrainian SMEs.
Ukrainian SMEs will benefit from a new EUR 10 million local currency lending facility to be operated through Ukrainian banks. ProCredit Bank signed an agreement with the German-Ukrainian Fund under the SME Promotion Program, funded by the German Government in cooperation with EU4Business. The facility provides lending at 15% per year in Ukrainian hryvnia and will be managed by German state...
On 1 September 2017, the EU-Ukraine Association Agreement comes into full force. The Association Agreement, including its Deep and Comprehensive Free Trade Area (DCFTA), is the main tool for bringing Ukraine and the EU closer together: it promotes deeper political ties and stronger economic links, as well as respect for common European values. The DCFTA provides a framework for modernising...
During a round table discussion on balancing Ukraine’s energy and gas supply markets, the Better Regulation Delivery Office (BRDO) presented a White Paper on how to best regulate these markets. The White Paper helps public authorities use regulatory reform to empower consumers, support SMEs and increase the overall efficiency and competitiveness of the energy sector. The paper provides practical...
To make the process of starting a new business easier, a new online tool helps Ukrainian entrepreneurs find the correct permits and file the right paperwork. Although many of us have dreamed about starting our own business, for many, it has remained exactly that: a dream. The daunting tasks of understanding the rules and regulations, finding the right permits and filing the correct paperwork...
The round table was organised under the EU4Business project, Forbiz, aimed at improving the business environment in Ukraine, and involved the country’s Better Regulation Delivery Office (BRDO).
Spending on energy represents a growing share of SME costs in Ukraine, a round table on energy efficiency and SMEs heard in Kyiv on 5 July. Poor energy efficiency and energy saving measures is costing SMEs dear when it comes to their competitiveness on the international stage, several speakers told the event, “Energy Efficiency and SMEs: New Regulation – New Opportunities” , at the IQ Business...
Participants at the Forbiz round table included representatives from mobile market players, the Ukraine government and industry associations.
Ukraine’s plans to introduce a mobile payment system (MPS) as part of a transparent cashless economy could prove a great success, a round table on the subject heard in Kyiv on 13 July. Some 15% of all subscribers are expected to be making payments through mobile devices within two years, according to research presented at the IQ Business Centre event, attended by mobile market players and...