News/Press

New law on SMEs enters force
Moldova
 | 
Approved by the Moldovan Parliament, it defines a new legal framework for SMEs in Moldova and includes measures to stimulate the sustainable development of the sector The new legislation, approved by the Parliament and published in the Official Gazette, will come into force in the last quarter of 2016. It replaces the current law on development of the SME sector, defining a new legal framework...
The project helps Moldovan SMEs access new markets and build a stronger economy.
The export potential of s mall and medium sized enterprises (SMEs) in Moldova is set to benefit from a € 1 million boost in funding from the European Union (EU). Helping SMEs access new markets According to the Moldovan organisation responsible for attracting foreign investment and promoting exports (MIEPO), the country’s SMEs are set to benefit from €1 million in EU funding. The funding is...
The European Bank for Reconstruction and Development (EBRD) is set to allocate € 10 million towards a project that aims to increase the energy efficiency of Chisinau’s buildings. On 30 November 2016, the EBRD will finalise a decision to allocate €10 million towards increasing the energy efficiency of Chisinau’s buildings. This funding is in addition to a €5 grant previously announced by the...
COMERTBANK signs partner agreement
Moldova
 | 
BC "COMERTBANK" SA is the first bank to accept the conditions proposed by ODIMM concerning the procedure for guaranteeing loans for SMEs The Organisation for Development of Small and Medium Sized Enterprises (ODIMM) and BC "COMERŢBANK" SA have signed a new cooperation agreement which provides for simplifying and improving the procedure for granting credit guarantees to SMEs. This is the first of...