Success stories

Rapid coronavirus response in Ukraine: from blouses to face masks
Santa Ukraina swiftly switches manufacturing following EBRD and EU support Hundreds of fashionable dresses, blouses and skirts are the garments that textile producer Santa Ukraina usually manufactures and ships to European retail brands every day. But the coronavirus has transformed its work: “We realised very quickly that now was the time to act,” explains Evhen Dyrdin , CEO of Santa Ukraina. “...
Helping companies go digital during times of self-isolation
Today, when all around the world people are practicing self-isolation and social distancing, some small businesses are doing their best to re-arrange their operations. Some do so successfully with tools made available with help from the EBRD and EU4Business. The case in point is supermarket Georgita in Tbilisi, Georgia . The company started its operations in 2001. Over the years, it opened two...
Supporting the Georgian food industry at times of Covid-19
EBRD and EU4Business help local poultry farm Chirina boost its capacity Early February now seems a lifetime ago, but back then, a chicken farm in Georgia was preparing for a new milestone: Chirina was adding 14 new turnkey broiler farmhouses to i ncrease production by 50 per cent , calling for a grand celebration. A little help from friends, including the EBRD and EU4Business, contributed to the...
EU4Business supports Georgian production of 40,000 medical gowns so far to help COVID-19 response
A project by EU4Business and German Government helped Georgian startup company, Doctor Goods, manufacture 40,000 medical gowns in a week to address the COVID-19 pandemic. Georgian producer of medical textiles, Doctor Goods, was able to produce 40,000 medical gowns in a week after 12 additional sewing machines were purchased with support from the EU4Business Initiative of the European Union and...
The earliest known winery in the world, unearthed in a cave in Armenia, dates from about 6,100 years ago. One of the oldest modern-day enterprises in Armenia, Voskevaz Winery LLC, has been taking the best traditions of vintners beyond Armenia to new markets. Based on a strategic development plan put together with the support of EU4Business, two key goals are increasing sales 21% and expanding...
Offering a wide choice of traditional cuisine, a good combination of price and quality, with one of the largest delivery services in Armenia,the Karas Group’s business is based onan internationally-recognized system for reducing the risk of safety hazards in food. With EU4Business support, the company was able to increase turnover by 31% and grow sales by 20%in a single year. Serving 250,000...
A livestock service center in Tbilisi started up 2001 by three students of veterinary medicine has been able to expand into a diversified company called the Invet Group. Invet now offers veterinary and pet products and services, as well as animal feed and supplements. With EU4Business support, the EBRD’s Advice for Small Businesses co-financed purchase and customization of a software solution...
A distinctive natural environment like Armenian soil, plenty of sun and lots of fresh water combine to ensure the unique taste and healing qualities of whole leaf herbal teas that EDNA LLC gathers, processes, mixes and packages according to the highest Organic European standards. Moreover, this income opportunity for 40 villagers from four communities offers proof of the result-oriented nature of...
How did an abandoned building in the heart of Georgia turn into a modern international hotel in just a couple of years? In addition to savvy owners, €2.6 million of financing and consultations under the EU4Business-EBRD credit line helped Levan Eristavi convert rubble into an EU-standard hospitality business, generate 65 new jobs, and attract thousands of tourists to the region. From London to...
VASCONI is a Moldovan clothing brand that has been able to expand thanks to a loan provided by the EBRD under the EU4Business Initiative. The company received a €20,000 line of credit that has helped transform the company over several years into a modern, technologically savvy business with 114 employees. Recent years have seen Moldova’s light industry grow steadily. We’re discovering brand names...