EU Project Forbiz Helps Restore Trust Between Business and Government

According to the World Bank’s Doing Business ranking, Ukraine places 83rd out of 189 countries. The experts that compile the rating system take into account the business registration process, quality of connection to the power grid, tax system, and other indicators when determining where a country falls in terms of ease of doing business. What prevents Ukraine from rising in the list to the level of European countries? How can Ukraine solve the urgent problems its small and medium-sized businesses is facing?

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EU4Business helping Ukrainian business to access European markets

The “Andre Tan” fashion brand, “Nebesna krynytsia” drinking water, major Ukrainian tea producer “Monomakh,” the Drogobytskyi meat processing plant. All of these well-known companies have one thing in common: at different times, they applied for advice from the joint programmes of the European Union and the European Bank for Reconstruction and Development (EBRD) to help develop their businesses. In May, the EU and EBRD launched EU4Business, a new programme to support Small and Medium-Sized Enterprises (SMEs). Read more