UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
 PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

        DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED) AUGUST 23, 2002

                                 EUROTECH, LTD.
                                 --------------

             (Exact name of registrant as specified in its charter)


    District of Columbia               000-22129                  33-0662435
- ----------------------------    ------------------------     -------------------
(State or other jurisdiction    (Commission File Number)       (IRS Employer
    of incorporation)                                        Identification No.)


                          10306 Eaton Place, Suite 220
                             Fairfax, Virginia 22030
                            ------------------------
               (Address of principal executive offices) (Zip Code)

        Registrant's telephone number, including area code (703) 352-4399

                                 Not Applicable
          (Former name or former address, if changed since last report)

ITEM 5. OTHER EVENTS

            A copy of the Registrant's Press Release dated August 23, 2002 is
filed hereto as Exhibit 99.16 and incorporated herein by reference.

ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION, AND EXHIBITS.

Set forth below is a list of Exhibits included as part of this Current Report.

         99.16    Press Release of Registrant dated August 23, 2002.



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.


                                                     EUROTECH, LTD.

August 26, 2002



                                             BY: /S/ DON V. HAHNFELDT
                                             ----------------------------------
                                                     DON V. HAHNFELDT
                                                     PRESIDENT AND CEO