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Romania and Ukraine are leading the rankings by number of newly funded companies in MITP, influenced by the regional crisis and changes in fiscal policies. Romania is in first place, with significant growth starting in 2023 after IT tax benefits were canceled there, prompting many companies to shift to Moldova. Companies from Ukraine saw a sharp increase in Moldova starting in 2022, following the outbreak of the war. Moldova has become a safe and stable place for both local and international businesses. This attraction is further reinforced by the extension of the state guarantee term until 2037 and the operation of the IT Park until 2035, providing long-term security for companies.
Marina Bzovîi, MITP Administrator
Currently, the park has entrepreneurs from all over the world: US, Israel, Germany, many from Romania
Catalina Plinschi, State Secretary for digitalization from the Ministry of Digitalization and Economic Development
Our companies in the IT sector do not stay in Moldova but expand regionally and globally. Our population has digital skills. We have professionals and experts, and we can provide services worldwide. We aim to build strong country brand and promote it internationally
Catalina Plinschi, State Secretary for digitalization from the Ministry of Digitalization and Economic Development
The B+ rating with a stable outlook reflects our efforts to maintain financial stability and prudently manage public debt. It sends a strong signal to investors and confirms the effectiveness of our policies. This rating will open new financing opportunities and support Moldova's expansion on international markets.
Victoria Belous, the Minister of Finance of the Republic of Moldova
For many years, we have been striving to improve our country’s rating. The report from Fitch Ratings is a key indicator for financial markets and institutional investors. The better the rating, the more attractive and stable the country becomes, and the lower the cost of financing. We are acting on all reform fronts within our control. I am pleased to see that our efforts over the past three years are now yielding tangible results. We continue to work hard moving forward.
Dumitru Alaiba, the Minister of Economic Development and Digitalization of the Republic of Moldova
We are proud to see Moldova increasingly recognized as a competitive and attractive destination for international investment. The commitments made during Moldova Business Week 2024 demonstrate the strength of our economy and the confidence global investors have in Moldova’s potential. Our efforts to provide a favorable business environment, combined with strategic infrastructure projects and skilled talent, are paving the way for sustained growth and development
Natalia Bejan, General Director of Invest Moldova Agency
We congratulate our national robotics team for this extraordinary achievement and thank them for once again giving us a sense of pride! At the Ministry of Education, we will continue to support the development of technological skills and creativity among Moldova's students, providing them with learning opportunities comparable to those in other countries. The exceptional results of our national robotics team demonstrate the importance of preparing a generation of young people ready to tackle the challenges and opportunities of a globalized, ever-changing world.
Dan Perciun, Moldova’s Minister of Education and Research
In my final year at the FIRST Global Challenge, winning the gold for engineering innovation and being part of the winning alliance was truly a dream come true. The competition was full of emotions, and I had the chance to meet amazing people from around the world. I learned how important it is to never give up and to communicate openly, both with those on your side and with those in the opposing camp.
Vladimir Corduneanu, Moldova Robotics Team member
I’m proud to be part of this extraordinary team and hope our success will inspire girls in Moldova to follow their passion for science and technology. We need more girls in engineering—nothing is impossible!
Marta Guțu, Moldova Robotics Team member
Now, more than ever, we can conduct business more easily and efficiently at home. Moldova Innovation Technology Park offers attractive opportunities for both local entrepreneurs and foreign investors. The government is committed to fostering innovation and attracting more foreign investment, with plans to allocate €5 million next year to support the development of IT startups. This is a clear signal that Moldova is serious about maintaining its competitive edge in the global technology market.
Dorin Recean, Prime Minister of the Republic of Moldova
The top seven countries contributing to our growth—Romania, Ukraine, the USA, Germany, the UK, and Turkey—have been drawn by our advantageous tax regime and operational stability. In 2024 alone, 380 new companies joined MITP. The extension of the Park’s operational term until 2037 offers these companies long-term security, enabling them to plan for future expansion in Moldova.
Marina Bzovîi, Administrator of MITP
ADD Grup is a high-tech company from Moldova that designs and manufactures benchmarking smart metering solutions. Our company covers the full range of manufacturing processes, from product development to customer support. With genuine Moldovan origin, we became a global company operating in more than 27 countries and supplying circa 8 million smart meters worldwide. Our team in Moldova acts as a key enabler for our globalization process having a complete range of competencies for the electronics sector.
Ruslan Casico, Head of Sales and Marketing ADD Grup
We opened a joint venture in Moldova in 2018 because of the incentives of the IT Park legislation. Now we have 16 programmers and hardware engineers and we are growing fast. We think it is a great incentive for developing the IT business and attracting investment in Moldova.
Mihai Murgulescu, Co-founder, Mechatronics Innovation Center
As a contract manufacturer of inductive electronic components modules and electrical assemblies we successfully operate since 2013. In the Republic of Moldova, we discovered an investment area with a high potential. We have identified a flexible labor market. Our professional cooperation with the government of local authorities is very productive. Moldova has an attractive and open fiscal policy and legislative base. This supports sustainable growth and extension of our business. We are open to new business opportunities and challenges.
Oleg Burlacu, Elektromanufacturing S.A.
Not all investors will have the necessary connection approvals when they submit their auction bids. As an initial solution, we will prioritize granting connection approvals to large eligible producers who are selected as winners of the auction. [...] Additionally, when new connection approvals become available, these producers will be placed at the top of the waiting list
Carolina Novac, State Secretary at the Ministry of Energy of the Republic of Moldova
[amendments to electricity legislation to introduce a guarantee of good execution — capacity reservation — as a requirement for obtaining connection approval This provision is necessary to ensure both competitiveness and the proper organization of the process] This provision is necessary to ensure both competitiveness and the proper organization of the process
Carolina Novac, State Secretary at the Ministry of Energy of the Republic of Moldova
We protect consumers by securing the best possible price while ensuring that investors receive the compensation they expect based on a competitive process
Victor Parlicov, Minister of Energy of the Republic of Moldova
This summer, Moldovan [green energy] producers sold energy on the stock exchange to Ukraine and to consumption partners in Romania. This is the commercial market; you produce a good and want to sell it at the highest possible price
Victor Binzari, Director of Energocom
According to the regulation, Energocom is obliged to buy green energy produced by investors. More energy produced in the country means less energy purchased from Moldgres [Moldova's primary electricity producer, operating on Russian-supplied gas and located on the left bank of the Nistru River]. We no longer buy energy from abroad; instead, we buy energy produced in Moldova
Victor Binzari, Director of Energocom
The Republic of Moldova has a lot to offer for investors! Moldova Business Week 2024 is the perfect opportunity to create valuable partnerships and explore the unique opportunities our country offers. We invite business people, foreign and local investors to join us. It will be informative and useful. Moreover, Moldova Business Week is a unique opportunity to discover how the Republic of Moldova can be your starting point for business success.
Dumitru Alaiba, Deputy Prime Minister and Minister of Economic Development and Digitalization
At Moldova Business Week 2024 we are going to reveal how one of the world's smallest countries has become a significant player in the global market. Join us to learn how Moldova made it among the top wine exporters, produces 1% of the world's car components, supplies electronics for public transport in over 140 cities around the world, and ranks in the global top 10 for exporting grapes, plums, apples, walnuts, and cherries. We warmly invite all our partners, as well as current and potential investors, to join us from September 16-20 in Chisinau and three other regions of Moldova. This comprehensive event will immerse you in Moldova's economic potential, showcasing our progress, ongoing projects, and the vast opportunities still available.
Natalia Bejan, General Director of the Invest Moldova Agency
Our overarching commitment is to pursue expansion, innovation, and accessibility. We want to create a global medical tourism system that is fair and sustainable. It’s also important to promote new medical technologies and treatments, and to support medical research,"
Natalia Ciobanu, president of the Medical Tourism Association of Moldova
"The position is an important step in promoting medical tourism in the Republic of Moldova, but also in increasing the country's visibility at the international level. Our country has a huge potential in the field of medical tourism - which must also be an engine of the economic development of the Republic of Moldova"
Andrei Revenco, the Executive Director of the Medical Tourism Association of Moldova
The success of the Sirius team at the FIRST LEGO League Open European Championship is a testament to the dedication and hard work of our students and educators. This achievement underscores the significant impact of our National Educational Robotics Program and our commitment to fostering innovation and excellence in education.
Minister of Education, Culture and Research of the Republic of Moldova, Mr. Dan Perciun
Looking ahead, we want to give even more to our startups. We will make sure they have everything they need to succeed, here in Moldova and around the world
Olga Melniciuc, CEO of Startup Moldova
“[Startups] are not just building businesses, but transforming our country into that modern European state awaited by our entire society"
Maia Sandu, President of the Republic of Moldova
"Through innovation and collaboration, we aim to transform Moldova into a fertile ground for startups, where bold ideas meet the necessary resources to grow and thrive."
Olga Melniciuc, Executive Director at Startup Moldova
Work hard, play hard was my motivation for the entire production team as we were a group of young enthusiasts and Carbon was an entire adventure. Thank you to everyone who has been with me from the beginning until the end
Ion Borș, Carbon Film Director
In recent years, we've demonstrated that our films are sought after, desired, and in demand not only in Moldova, not just in the European Union, but also across the ocean. The cinema low ammendment to institute a film fund, which we want to promote in the Parliament, will ensure a multi years production cycle and a sustainable film ecosystem
Sergiu Prodan, Minister of Culture of the Republic of Moldova
I have built my career on music, as I am a singer, and not a professional actor. Today, as I win the award for Best Male Lead, realized that I have lived 65 years as a professional singer and still have art to share with the Republic of Moldova and the world through acting
Anatol Mârzenco, Carbon Lead Character
We have gathered here tonight to congratulate the best, to encourage those who are not among the winners, and to move forward regardless of results, shoulder to shoulder, to produce films, to push things forward, and to make our country recognized internationally through films
Virgiliu Mărgineanu, President of the Filmmakers Union
Sweden and our partners, USAID and the United Kingdom, are delighted to support the entire creative industry, and particularly the film sector in the Republic of Moldova on its journey to international markets
Katarina Fried, HE Ambassador of Sweden to Moldova
The extension is a clear indication of Moldova's dedication to the tech sector. It gives us the stability and confidence to invest and grow our operations here
George Teodorescu, Global Head of Risk & Compliance and Regional Director, Mixbook
This is more than a legislative change; it's a strategic move towards reinforcing Moldova as a top destination for high-value-added products and services in the region. It aligns with our vision to foster an innovative ecosystem where every participant plays a crucial role in our collective growth and success.
Natalia Donțu, Administrator of MITP
Although we are a small nation, our strength lies in resilience, clear priorities, and rapid implementation, key factors for developing a dynamic startup ecosystem. Even in the face of challenges like the pandemic and regional conflicts, our spirit of innovation remains unshaken. The emerging landscape of Moldovan startups, supported by a talented digital workforce, holds significant potential. With advantages like a central location in Europe, affordable living costs, favorable tax policies, and robust internet connectivity, Moldova is ready to become a thriving center for entrepreneurship and innovation.
Maia Sandu, President of Moldova
Republic of Moldova actively aligns with European values, recognizing culture as an essential pillar in building a prosperous democratic society. Cinematography leads in spreading new values and promoting cultural diversity, and film is one of the most powerful ways to tell the story of a nation
President Maia Sandu
From 2014 until now, with the emergence of the Cinematography Law, filmmakers in the Republic of Moldova have made efforts to demonstrate that we can, and indeed, we achieve this goal we set for ourselves—to make films. We are aware of the importance of this moment, and we will make every effort for cinematography to become the most important tool in Moldova's communication with the world
Sergiu Prodan, Minister of Culture of the Republic of Moldova
The Cinema Hora Forum inaugurates a new stage in international collaboration for the Moldovan film industry. In the creative industries in Moldova, approximately 9,000 employees work, receiving salaries up to 50% higher than in other fields, and the United States, through USAID, supports these growth opportunities for Moldova. I am looking forward to seeing the results of the partnerships established during this event
Kent D. Logsdon, the U.S. Ambassador to Moldova
In Slovenia, for a film from abroad to obtain funding, it is necessary for the applicant to be a co-producer from Slovenia. Another criterion, and the most important one, is that the project must be funded to the extent of at least 50% by the country of origin of the main producer of the film. We can say that we are looking for films that already have a part of the funding secured
Nika Gricar, the head of the Film Development Department at the Slovenian Film Center
It is essential to invest not only in the production of films but also to try to invest more in the promotion of these films and your talents. If the money only goes into production, you may not achieve anything or very little internationally. I can say from my own experience that it is crucial to invest in the promotion of films, distribution, participation in international festivals, and other similar activities
Simone Baumann, a film director from Germany
I believe that the best thing we can do now is to learn from those with experience, so we expect from this forum as many international co-productions as possible
Sergiu Pascaru, a film producer from the Republic of Moldova
Moldova's cinematography needs to be visible internationally because we have a lot to say. We are like an archaeological site that has not yet been discovered
Ana Gurdiș, a documentary film director from the Republic of Moldova
This event is very important for our country because making a film means having friends, partners, understanding how this industry works today in the world and what the audience expects. Moldova is gradually finding its place in the film industry, and obviously, it needs support to grow
Valentina Iusuphodjaev, the director of the National Film Center of Moldova
In 2023, we witnessed the creation of over 1,900 new jobs within residents of the Park, fueled by both the influx of new resident companies and the expansion of existing ones.
Natalia Donțu, Administrator of MITP
In the first year of the park's operation, IT exports exceeded wine exports by 2.5 billion lei
Natalia Donțu, Administrator of MITP
MITP is a functional concept that has proven its success and value through the figures presented
Andrei Jizdan, Managing Partner of "Jizdan & Partners"
Our goal is to extend Moldova's tech footprint on the global stage through attracting foreign investments and promoting exports
Natalia Donțu, Administrator of MITP
The importance of continuous development and community involvement is key to achieving this vision
Natalia Donțu, Administrator of MITP
Currently, in the Republic of Moldova, we have about 50 thousand companies, and from a certain perspective, we need more entrepreneurs to create more value, contributing to the growth of the economy. One of our main priorities is to promote entrepreneurship, and the success of each entrepreneur is our main mission. For this, we work primarily to provide maximum freedom, as we know the startup community prefers doing business, and we must help them feel like they are in a vast ocean, where they can create and benefit from support."
Dumitru Alaiba, Deputy Prime Minister, Minister of Regional Development and Digitalization, of the Republic of Moldova
It's a pleasure to be here because there is a lot of talent and innovation in this room, which is super impressive to me. The theme of alternative financing is of real interest, both for Moldova and our partners. USAID is taking the approach to developing the startup and innovation system in Moldova to a new level. Thus, Moldova is becoming known as a destination for startups, including participation in international and local events. Meanwhile, a more robust infrastructure for entrepreneurs and SMEs is being built, encouraging them to grow in Moldova, to keep talents here at home—a goal we have been working on for some time and is starting to yield results.
John Riordan, Deputy Head of the USAID Mission in Moldova
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