News/Press

The OECD has held a workshop in Chisinau on the monitoring of Moldova’s SME Development Strategy, as part of the EU4Business: From Policies to Action project, funded by the European Union. The workshop, held on 29 November , was organised in cooperation with the Ministry of Economy and Infrastructure. It allowed international experts and Moldovan stakeholders involved in the implementation and...
Investments to finance upgrades of local businesses to EU standards
Small businesses in Moldova will soon be able to improve products and services to European Union (EU) standards, as the EBRD and EU are opening new funding opportunities to upgrade firms’ operations. The EBRD is providing a €5 million loan to the Chisinau-based subsidiary of Banca Comercială Română, or BCR. The financing is provided within the EU4Business-EBRD credit line , which the EU is...
Today in Vienna, the Austrian Presidency of the Council of the European Union together with the European Commission will host the 5 th Eastern Partnership Business Forum followed by the Eastern Partnership’s Annual Conference on 7 December. The two events will bring together high level representatives from the EU and the six Eastern Partners - Armenia , Azerbaijan , Belarus , Georgia , the...
Created in Moldova, Appreciated Worldwide – launch event in Chisinau
Moldovan businesses and business associations, civil society representatives, government officials and diplomats gathered in Chisinau on 8 November to mark four years of DCFTA implementation in the Republic of Moldova. The event marked the launch of the national campaign to increase public awareness of opportunities opened up for Moldovan products under the Free Trade Agreement with the EU, and...
Up to 75 companies will receive support in developing export capacities to the EU
The European Union is funding a package of support for 75 Moldovan companies, to help them understand more about how they can benefit from tariff-free imports from the Republic of Moldova, and gain greater access to the EU marketplace. The deadline for companies to apply is 14 December. The package will be delivered through a technical assistance project (Support to the Quality Infrastructure...
Economic Forum 2018
The Development Facility of the European Fund for Southeast Europe (EFSE) today joined forces with key sector players and other partners, including the Central Banks of Moldova, Armenia, and Georgia, to hold an Economic Forum in Chisinau. Top among the conference’s themes was the role of regulators and banks in supporting sustainable economic development and the advancement of local currency...
Giovanni Vaccari, Project Manager of the EU4Business-EBRD Credit Line in Moldova
The EU4Business-EBRD Credit Line in Moldova recently participated in a workshop on ‘Energy Efficiency Financing Tools’, organised by the Energy Efficiency Agency in Chisinau. The event was organised during Moldova Eco Energetics Days, which took place in Chisinau from 15-18 October, and was attended by national and international experts who presented the financing mechanisms available in the...
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...