EBRD and EU help businesses grow in Georgia
The EU is the world’s largest market and a Deep and Comprehensive Free Trade Agreement (DCFTA) with Georgia, Moldova and Ukraine offers new opportunities for companies in these countries.
Fashion House Materia, based in Tbilisi, is one of them. The business secured financing to modernise its equipment and to introduce the best workplace health and safety practices for a new clothing factory, in line with EU standards. This will help the fashion house to take full advantage of export opportunities. The firm was one of the first to benefit from the EU4Business-EBRD Credit Line.