- Project
- Tacis Enterprise Restructuring Facility Phase I and II
- Client
- Union of Industrialists & Entrepreneurs
- Discipline
- Multi-discipline
- Location
- Russia
- Value
- €7.5m

WYG International led TERF I and II to assist in the strengthening of Russian medium and large enterprises. A key area of the work was to contribute to economic development in the Russian Federation through boosting exports. The demand generated by TERF I and II and the impact achieved led to funding of TERF III, which is now starting. TERF I & II have delivered restructuring services to 55 enterprises and a significant number of these assignments were export related.
The average sub-project size for TERF II was about €150,000. Together TERF I and II have assisted private sector enterprises in more than 25 different Regions/Republics of the Russian Federation in more than 20 different industrial sectors. The TERF II services were delivered by joint EU and Russian teams with inputs averaging about 50% each. emination of information has been continued throughout the project via a website, conferences, workshops, press releases and other means.