Media

CANactions School and Western NIS Enterprise Fund, which supports reforms promotion and transformation projects in Ukraine, announce the 4th DREAMactions Small Grants Competition.

Ukraine hosted international IT entrepreneurship girls contest Teсhnovation Girls, which became the fifth in a row. Seven teams of girls aged 10-18 pitched their solutions and competed for educational programs.

Western NIS Enterprise Fund backed the kickoff of an international program for social entrepreneurs – Social Impact Award in Ukraine. The project was also supported by the Nechytailo Family Foundation, SAP and Ukrainian Social Venture Fund.

Western NIS Enterprise Fund and Oschadbank granted the second loan under the “Affordable Loans for Social Enterprises in Eastern Ukraine” project. It went to Oleksii Kachko, director of Veterano Pizza Mariupol.

Kyiv region-based company Smachni Spravy received a second loan under the “Social Entrepreneurship” joint program of Western NIS Enterprise Fund and Oschadbank at 5% per annum rate. The company was established by the NGO “Ukrainian Donbas” and two internally displaced persons. Part of the products are manufactured under the MAKHAN brand; the company holds three patents for its own products and focuses on production and sale of meat products, made under a unique technology.

Western NIS Enterprise Fund and Oschadbank provided the first loan as part of the “Affordable Loans for Social Enterprises in Eastern Ukraine” project. It went to the Vocational Counseling Center for the Disabled “Drukarskyi Dim” in Kramatorsk.

Western NIS Enterprise Fund (WNISEF) announced today that it has exited, alongside other shareholders, its stake in Moldova-based Glass Container Company and Glass Container Prim (the “Glass Container Companies”, “GCC”) to Vetropack Austria Holding AG, a subsidiary of Vetropack Holding SA (SWX:VETN). Vetropack is a leading Swiss player in the European glass packaging industry, operating facilities in Switzerland, Austria, Czech Republic, Slovakia, Croatia, Ukraine, and Italy, with CHF 714.9 million in 2019 revenues.

The International Mayors Summit and the first Ukrainian inclusive atelier Lady Di Atelier joined efforts to launch a capsule silk scarf collection entitled “Breaking down barriers is easy. Together!” Each item’s print is a drawing made by children with Down syndrome (called “sunny kids” in Ukraine) as part of art therapy classes at the Sunny Workshop operated by Lady Di Atelier.

Western NIS Enterprise Fund announced today that it has reached an agreement to sell, alongside other shareholders, its stake in Moldova-based Glass Container Company and Glass Container Prim (the “Glass Container Companies”, “GCC”) to Vetropack Austria Holding AG, a subsidiary of Vetropack Holding SA (SWX:VET). Vetropack is a leading Swiss player in the European glass packaging industry with 2019 annual turnover of CHF 714.9 million, and subsidiaries in Switzerland, Austria, Czech Republic, Slovakia, Croatia, Ukraine and Italy.

Western NIS Enterprise Fund (WNISEF) announces a call for applications for low-interest loans for social enterprises in Eastern Ukraine. The new $100,000 WNISEF project “Affordable Loans for Social Enterprises in Eastern Ukraine” is being implemented with the support of the American people via the United States Agency for International Development (USAID) within the agreement with the Western NIS Enterprise Fund under the USAID Economic Resilience Activity (ERA).