EBRD-EU4Business credit line provides concessional financing for business development

Vinnytsia company GPS PRO carries out satellite monitoring of transport and stationary objects. KBK Fortis from Odesa erects residential and non-residential buildings. Both companies benefited from the EBRD-EU4Business credit line to lease cars needed for business development. This helped to optimise production processes and survive the crisis caused by the effects of COVID-19. Part of the cars’ cost was reimbursed by the EU. Read more

EU4Business helps entrepreneurs overcome economic consequences of COVID-19 pandemic

“To create a good facial cream, you need to be a patient wizard,” Lidia Suiarko, the founder and director of UAKrasa, begins her tale. But during the quarantine, she had to work as not only a wizardess but also a courier, accountant and sales consultant. The new challenges brought by the coronavirus-induced crisis turned her business upside down and forced her to look for new ways of interacting with customers in order to stay afloat. Liga.net found out whether Ukrainian-made cosmetics can be of good quality, whether “Made in Ukraine” trend is still in fashion, and how to run one’s business in the time of crisis. Read more

EU project helps Hutsul cow bryndza get geographical indication

Hutsul cow bryndza (cheese) has recently received a geographical indication. From now on, to get this name, the product must be made from the milk of cows of only two breeds from the highlands at an altitude of more than 700 meters above sea level. This will help preserve the almost 500-year-old tradition of production, promote the cheese on the market and guarantee its quality. Read more

EU reveals secrets of Black Sea

The Black Sea is among the oldest ones on the planet. Due to the low level of salinity and the relatively cold climate, it is inhabited by half as many living organisms as in the neighbouring southern seas – 5,600 species. There are more than 200 species of fish, including spiny dogfish and rays, dolphins and 30 species of jellyfish. Find out more interesting facts from the book “Secrets of the Black Sea”, which was published with the support of the EU-UNDP project “Improving Environmental Monitoring in the Black Sea: Special Measures” (EMBLAS-Plus). Read more

EU4Business trains Ukrainian producers to move forward during pandemic

Together with the Delegation of the European Union to Ukraine, we continue a special project concerning the opportunities provided by the EU to small and medium-sized enterprises under EU4Business initiative to tackle the consequences of the COVID-19 pandemic. This article will tell you how one of the Centers for Information Support to Businesses, created in Ukraine under EU4Business initiative with the support from EBRD, helps Ukrainian manufacturers tackle the consequences of the coronavirus crisis. Read more

EIB Resident Representation head on bank’s activities in Ukraine

This year, the European Investment Bank, the EU bank, plans to provide Ukraine with more than EUR 1 billion in loans for infrastructure projects, energy efficiency in state and municipal buildings, and support for internally displaced persons and their host communities. The EIB in Ukraine is also actively working to finance healthcare, small and medium-sized businesses. Find out more from the interview with Jean-Erik de Zagon, Head of the EIB Resident Representation for Ukraine. Read more