Helping small and medium enterprises in Armenia grow

The European Union has launched a Call for Expressions of Interest inviting EU/EEA and Armenia-based private companies to explore concrete investment opportunities in Armenia.

The new course, developed as part of the EU-funded EU4Digital Facility through the EU4Digital Academy, has been developed for non-marketing teams looking to build their digital awareness and understand the core principles of digital marketing.

The European Investment Bank, the bank of the European Union, and Ardshinbank OJSC have signed a €100 million loan agreement to expand access to finance for MSMEs and mid-cap companies across Armenia. Under this facility, Ardshinbank will extend EIB Global-backed credit resources to Armenian companies seeking to modernise their operations, expand production capacity, adopt new technologies or enhance competitiveness in local and international markets.

On 29 October, the European Investment Bank’s development branch, EIB Global, signed a €100 million loan with the Central Bank of Armenia to increase access to finance for micro, small and medium-sized enterprises (MSMEs) and mid-caps.