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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Armenia Armenia is unlikely to have 2020 tourism season, Armenian Tourism Association states. “Keeping the positions for 3 months, the tourism sector gives up by cutting the staff”, reads the statement raising the issue of Armenia’s land border with...

Success stories

EBRD and EU help Moldova's Ponti diversify its sales strategy
Harnessing the full power of online textiles during coronavirus pandemic It is always the smallest things that make the biggest difference. The right colour of socks can create a winning outfit, a fluffy cushion can add cosiness to a couch and elegant napkins can turn a simple dinner table into a sophisticated setting. This philosophy has been the driving force behind Ponti’s three successful...
VASCONI is a Moldovan clothing brand that has been able to expand thanks to a loan provided by the EBRD under the EU4Business Initiative. The company received a €20,000 line of credit that has helped transform the company over several years into a modern, technologically savvy business with 114 employees. Recent years have seen Moldova’s light industry grow steadily. We’re discovering brand names...
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...