EU4BUSINESS IN THE REPUBLIC OF MOLDOVA

Over 97% of all businesses in the Republic of Moldova are SMEs. They are responsible for over 50% of all jobs and generate more than 30% of the country’s income. However, they find it hard to get finance and enter new markets. The Moldovan government has simplified legislation and administration to help SMEs prosper. EU4business programmes complement these efforts by improving access to finance, helping SMEs move into foreign markets and providing training to build up business skills. Specific technical help is available to Moldovan SMEs to make sure they can make the most of the country’s free trade agreement with the EU.

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News/Press

The EU is releasing new funds for SMEs in Moldova
The European Bank for Reconstruction and Development (EBRD) and the European Union are providing €10 million in new financing for Moldova-Agroindbank (MAIB) and Victoriabank, following steps by Moldova ’s key lenders to achieve transparency of...
The OECD meeting in Chisinau
Two meetings have been held in Chisinau in support of SME development in Moldova, organised by the OECD in the framework of the EU-funded project ‘ EU4Business: From Policies to Action ’. On 2 April, the working group of the project on ‘Supporting...

Success stories

The EU and EBRD are supporting small businesses in Modova
Designing and building one’s own house is a dream for many, but with millions of decisions to make, the dream can soon turn into a nightmare. “The roof is your first line of defence against snow, rain, hail, heat. A stress-free experience is what Roof Art offers its clients,” Ilarion Ursu, the CEO of Moldova ’s RoofArt explains during a perfect elevator pitch. “When roofing your house, there are...
Fruit Garden of Moldova
Getting the finance to start or develop any small or medium-sized enterprise can be tough at the best of times. In Moldova, it can be especially hard. But are things changing? Business Planet visited Soroca, in the north of the country, to see how farms are benefiting from a special European initiative. AMG Kernel is Europe's biggest walnut farm. It covers 750 hectares and exports nearly 80...
Apricots are among the fruit grown on Constantin Andriuţă's farm
Constantin Andriuţă from the village of Şeptelici near Soroca has always been successful in agricultural business. Since graduating in agribusiness in 1996, his business has grown and he has succeeded in diversifying his crops, with a particular focus on horticulture. He planted apple, pear, apricot, cherry, walnut and peach orchards, eventually joining up with four other agricultural enterprises...