News/Press

Irina Coroi-Jovmir, Deputy CEO of ProCreditBank Moldova, with Alain Pilloux, EBRD Vice President, Banking
Small businesses in Moldova will be able to upgrade their operations to European Union (EU) standards with a new €10 million loan provided by the EBRD to ProCreditBank Moldova, the country’s fifth-largest lender by loan portfolio. The funds are provided within the EU4Business-EBRD credit line, to which the EU provides grant funding under its EU4Business initiative. The funds will be available for...
At work in a textile factory in Moldova
The International Trade Centre has held the second of three seminars on increasing sales efficiency, aimed at Moldovan SMEs in the apparel sector, organised in the framework of the EU-funded project ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’. The second seminar in the series was held on October 25-26 on the topic of ‘Retail stores in modern market conditions (rational...
The International Trade Centre has held the first of three seminars on increasing sales efficiency, aimed at Moldovan SMEs in the apparel sector, organised in the framework of the EU- funded project ‘Eastern Partnership: Ready to Trade – an EU4Business initiative’. The trainings have been developed following stakeholder consultations and a baseline assessment, and are organised with the Centre of...
Fruit Garden of Moldova is running an information campaign
The National Agency for Rural Development (ACSA) is organising an information campaign to raise awareness of opportunities available under the EU4Businees Fruit Garden of Moldova project, with seminars in 30 districts all over Moldova taking place between November and February. Fruit Garden of Moldova is part of the EU-funded DCFTA Initiative East, implemented by the European Investment Bank...
At work in a textile factory in Moldova
Two new business clusters have been launched in the southern and northern regions of the Republic of Moldova, with the support of the European Union. They concern creative industries in Cahul and textile companies in Soroca, and offer the opportunity to bring businesses together to develop joint projects. The creation of the two clusters was carried out by the Organisation for the Development of...
Many agricultural businesses have received support under PARE 1+1
A total of 1,246 Moldovan businesses have received funding under the EU-funded PARE 1+1 programme since 2010, with total grants of 242.4 million lei trigerring further investments worth 767.7 million lei, the Interlic news website has reported, quoting a government press release. The programme has helped open 538 new businesses - mostly in rural areas, and to create 3,200 jobs. Programme...
Peter Michalko, Head of the EU Delegation to the Republic of Moldova
Sixty-eight per cent of Moldova’s exports now go to the European Union, the Head of the EU Delegation to the Republic of Moldova Peter Michalko has said in a message released to mark four years since the implementation of the Deep and Comprehensive Free Trade Area (DCFTA) between the EU and the Republic of Moldova. In his message, Peter Michalko said: "there are good results both in increasing...
Aneil Singh, Head of Cooperation at the EU Delegation to the Republic of Moldova, Iulia Costin Secretary of State of the Ministry of Economy and Petru Gurgurov, Interim General Manager of ODIMM, with beneficiaries of the Business Academy for Women programme
Over a period of 18 months, more than 300 women from all over the Republic of Moldova, including including the districts on the left bank of the Nistru and the Gagauzia administrative unit, have been trained to manage their businesses, 30 mentors are now ready to support women entrepreneurs, and 10 businesses run by women benefitted from grants worth to about 120,000 lei per investment project...
Bridging the Gap: EFSE impact report
The European Fund for Southeast Europe (EFSE) released its Impact Report today, showcasing the fund’s accomplishments in supporting entrepreneurs as the drivers of micro and small enterprises (MSEs) – the economic backbone of the fund’s target regions. EFSE aims to foster economic development and prosperity in Southeastern Europe and in the European Eastern Neighbourhood region – where it...
Swedish ambassador Signe Burgstaller and Angela Sax, head of EBRD in Moldova
The European Bank for Reconstruction and Development (EBRD) will step up its support for women-led businesses in Moldova with €2.5 million in new grant financing from the government of Sweden. The funds will boost the Bank’s Women in Business programme, co-funded by the EU under its EU4Business initiative, which helps female entrepreneurs innovate through business advice, training, long-term...