EU4Business: SMEs in Eastern Partner countries generate extra €950.6 million in income and 27,313 new jobs
The EU-funded EU4Business initiative has published its Citizens’ Summary 2025 for the Eastern Partnership with an overview of the major results of the past year, in the region as a whole and by country.
In 2024, 80,146 SMEs were supported through the EU4Business Initiative in Eastern Partnership, generating an extra €950.6 million in income and 120,763 new jobs, growing their turnover by 10.6%, and increasing their exports by 9.8% as a result.
In Armenia, 11,853 SMEs were supported, generating an extra €232.1 million in income and 27,313 new jobs, growing their turnover by 17.2%, and increasing their exports by 7.2% as a result.
In Azerbaijan, EU4Business supported 7,038 SMEs, generating an extra €40.4 million in income and 10,167 new jobs, growing their turnover by 18.7%, and increasing their exports by 6.4% as a result.
In 2024, 40,801 SMEs were supported through the EU4Business Initiative in Georgia, generating an extra €261.4 million in income and 51,976 new jobs, growing their turnover by 12.6%, and increasing their exports by 12.6% as a result.
A total of 5,594 SMEs received EU support in Moldova, generating an extra €90.6 million in income and 12,975 new jobs, growing their turnover by 12.9%, and increasing their exports by 9.9% as a result.
In Ukraine, 14,860 SMEs were supported through the EU4Business Initiative, generating an extra €197.5 million in income and 13,234 new jobs, growing their turnover by 4.7%, and increasing their exports by 7.9% as a result.
The European Union’s EU4Business Initiative ultimately serves SMEs as the beneficiaries of EU support in the Eastern Partnership countries — Armenia, Azerbaijan, Georgia, Moldova, and Ukraine. The programme supports SMEs by improving access to finance, promoting better business regulations, upgrading services to business, and taking advantage of trade opportunities.
Find out more
Citizens’ Summary 2024: Eastern Partnership
Citizens’ Summary 2024: Armenia
Citizens’ Summary 2024: Azerbaijan
Citizens’ Summary 2024: Georgia
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