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

EBRD and EU unlock fresh funding for SMEs in Moldova
Small and medium-sized enterprises (SMEs) in Moldova are to benefit from greater access to finance as the EBRD and the European Union unlock fresh funding. The EBRD is providing an additional €5 million loan to Mobiasbanca-OTP Group for on-lending...
Armenia Armenia gets one-year customs tax break within the framework of the Eurasian Economic Union. Lower rates than the single EEU customs tariffs shall be applied in Armenia for more than 600 items of goods imported. https://bit.ly/2CgClbe...
Armenia VTB bank joins the governmental 3 rd assistance action programme aimed at mitigating the liquidity risk of SMEs to offset consequences of coronavirus pandemic jointly with the Ministry of Economy and the Investment Support Center. It enables...

Success stories

With OECD support provided under the EU4Business initiative, Moldovan food producers will increase their capacity to work with international supermarket chains and access global markets. The food processing sector plays a key role in Moldova ’s economy, accounting for more than a third of production and a quarter of employment in the manufacturing sector. It also enjoys an expanding and nearby...
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...