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Edition 2019

AUTOMOTIVE COMPONENTS AND INDUSTRY OV


Republic of Moldova
Key Doing Business
47
Name
Republic of Moldova 2019 Rank
facts Capital:
Chisinau ca. 814,000

41.98%
Employment
Population:
rate, 2018
3.55 million
January 1st, 2019
Area: In
fl
2 a
ti
o
n
ra

0
te
,
20
18
33,847
.9
Romanian
%
€6.333
Other spoken languages: (official)
G

GDP
Currency MDL:
1 EUR = 19.5
MDL t €9
curren

.5
February, 2019 prices,
2018,
billion

77
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INDUSTRY
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Contents
Industry overview..........................................................................................2

Automotive components industry.................................................................3

Human resources..........................................................................................4

Education..................................................................................................4

Educational institutions, map....................................................................6

Education system in the Republic of Moldova, structure............................7

Operating costs and taxes............................................................................8

Structure of the average salary in Moldova, 2019 (EUR).............................9

Utility costs, 2018.....................................................................................9

Job creation subsidies.............................................................................10

Virtual Park incentives for R&D and Engineering..........................................11

Favorable Business Climate.........................................................................12

Favorable Location............................................................................................12

Giurgiulesti International Free Port..........................................................13

Competitive products........................................................................................14

Automotive Supply Chain structure................................................................14

Success Stories &Industrial Competences................................................15

Free Economic Zones (FEZ) and Industrial Parks (IP).....................................16

Free Economic Zones Greenfield.................................................................18

Testimonials......................................................................................................19

The Moldovan Investment Agency...............................................................21

1
Industry overview

Moldova’s modern automotive industry of those companies, running low


foundations are built on the country’s capacities. On top of it, Moldova managed
strong industrial past, registering a to continue it’s strong, fundamental
confident revival period. The share of the technical and engineering education.
industry in Moldova’s GDP represented
The industry production reached 15.2%
60% until early 1990s. Back then, Moldova of GDP in 2018. In 2018, the industrial
was one of most important producers of production registered an increase of 3.7%,
industrial goods and components, as well as mainly driven by the growth of the
an important R&D player among the CIS manufacturing industry. The production of
countries. electrical cable and wire harnesses has
Up to early 1990s, 558 industrial increased by 52,6%, followed by the
enterprises, 21 R&D institutions and 392 production of plastic and rubber products
thousand workers were part of the (+24%), textiles (+21,6%).
industry, representing 97 industrial
branches. Moldova successfully exported
90% of its products in the machine Share of industry in GDP, %
building industry, which represented 20%
of the total industry output. 15.6
15.4
The key drivers of the local industry were 15.2 15.2
huge companies, producing a large variety 15
14.9
14.6
of products: TV sets, refrigerators, 14.4 15.0
washing machines to tractors, and
exported them to over 60 different 14
countries. 2011 2012 2013 2014 2015 2016 2017 2018

After the local industrial network Source: Ministry of Economy and Infrastructure, 2019
collapsed due to social economic and
political changes in the region, the country
managed to keep a part

2
Photo credit: Alpha Industries ⁄ Spamol SRL

3
Automotive components industry

Nowadays, the automotive industry is a


key growing sector for the Moldovan Production concentrates on cables,
wiring harnesses for cars, seat and car
economy. This is due to an increased
covers, steering wheels, injection molding,
focus on the unused industrial potential
metal processing, electronics, electronic
of Moldova and the maintained industrial
components and systems.
orientation in the education system
(Technical University, technical colleges This production is executed in Tier 1, 2,
and vocational schools). The total export and 3 supplier plants, as well as local
in the automotive industry registered a subcontractor companies.
growth of 11%, with a share of 20,9% in Important examples are Lear
total exports. Corporation, Dräxlmaier Automotive,
Gebauer & Griller, Sammy Cablaggi /
Automotive Components Exports, M EUR Kablem, Elektromanufacturing / SUMIDA,
437 Confezioni Andrea Carcover, SEBN
394 Sumitomo Electric Bordnetze, Fujikura
257 290
179 228 Automotive, Coroplast Fritz Mueller, APM
Automotive, Blacksea EMS, Dräxlmaier
DSM , Arobs Software, Whetec/
2013 2014 2015 2016 2017 2018
MG2C, Multico / Quality Hub and Equip-Test.
Source: Invest Moldova, based on information from Number of employees in Automotive
companies
19,000
15,000
Up to now, large direct investors prefer to locate
themselves in Moldova’s Free Economic Zones (FEZ), which 9,100
6,200 6,900 7,650
represents an excellent location for industrial
development and production relocation oriented for
exports. 2013 2014 2015 2016 2017 2018
Source: Invest Moldova, based on information from companies

3
Photo credit: FEZ Expo-Business Chisinau I Fujikura Automotive

4
Human resources

Moldova offers an active, educated,


and multilingual workforce. It is a Polytechnic Colleges, Technical College
of UTM, Microelectronics College,
melting pot of several nationalities, such
Informatics College, Light Industry College,
as Romanians, Russians, Ukrainians, and
Technological College etc.
others. The official language is Romanian,
however there are more languages in use:
Total number of students in 2018/2019
Russian, English, Ukrainian, Bulgarian, and
Gagauz language (close to Turkish). In 60,608
addition, many Moldovans speak French, Universities
Italian and German.
The population of Moldova comprises ca. 29,042
15,306 Colleges
3.55 million people, with ca. 2.9 million above Vocational
15 years and ca. 1.2 million representing the schools

active labor force.


The unemployment rate is 4.1% (2017), Source: National Bureau of Statistics, 2019
however the employment rate stands at
40.5 % (2017) compared to EU average of Total number of graduates in 2018
71.1% (2017). A considerable additional
18,142
labor force could potentially be represented Universities
(cycle I, II)
by Moldovan migrants abroad, willing to
return back home and find a decent job.

Education 7,054
Vocational 7,025
schools Colleges
Well-educated young students, in
sector- specific faculties, are available to
work in companies and increase their
productivity. Moldova has strong technical
Source: National Bureau of Statistics, 2019
faculties and specific colleges, e.g.
Chisinau and Balti

Photo credit: Chișinău, Dräxlmaier Group


The Technical University of Moldova Number of graduates in universities
has competences in textile, (Engineering & Exact Sciences), 2018
microelectronics, mechanical
engineering, etc. 1,008
cycle 1
Technical education is one of the
strongest in the Republic of Moldova, cycle 2
comprising best engineers known for
their expertise.
The Technical University of Moldova
320 349
(UTM), located in Chisinau, is the main high 302
252 is ly.
education institution for technical education.
suffi136
83
1
The number of engineers, managers and cient 4
other specialists to t E
n
meetscienc
g
esi Archi
tectu
the n re &
Cons
inves ee truct
tor’s ri ion
dem ng
and
M
in a
n
most u
f
sect a
c
ors. tu
r
i
cont n
g
rast
&
to
othe Pr
o
r c
East es
ern si
Euro ng
pean
coun
tries,
Mold
ova’
s
unit
labor
cost
is
stabl
e
and
gro
wing
very
slow

5
Eng ine ering s,
Sou
Source: Higher rce:
National Institutions, Nati
Number of Bureau of ona
students in Statistics, II l
universities 2019 Economic sciences Bur
(Engineering eau
Number Law of
& Exact of Stat
Sciences), Engineering and
graduates Engineering activities istic
2018/2019 in s,
Arts and Humanitarian 201
colleges sciences
9
(Engineeri
Architecture and
ng & construction
Manufac Manufacturing
turing), technology
and
2018 processing
Exact Sciences
4,791
3,576
Engineering Sou
rce:
n Nat
1, ion
4 al 493
585 407
6 Transport Bur TeInf
ormation
C chnology &
Architecture ommunicatio
2 eau
&Construction n
of
Stat
1,
5 isti
0 cs,
8 201
1,216 9
Engineer
ing Stu- Gradu-
Architec Colleges, 2018
ture dents ates
Manufacturing &
Exact
sciences
& Processing Construction Economics 5,378 989
InformationTechnologies 2,594 493
B & Communication
S u
o r
E le c t r o n ic s and 1,158 549
u e
en e r g e t ic s
r a Mechanics & metal 1,508 475
c u
working
e o
Services (transport, 1, 342 207
: f hospitality)
N S
a t Electronics and 1, 130 268
automation
ti a
o ti Apparel Industry 787 261
n s
a ti Construction 1, 342 407
l c

6
Educational institutions

Briceni
VET
VET

VET
Soroca
VET

Drochia

VET

VET
x2
Glodeni VET
VET
x6 x2 Rezina
x5 Sîngerei

Population of Moldova VET

in 2018, Orhei
Ungheni VET
x2
thousand people VET
VET
Criuleni
VET
Nisporeni

Population Population VET

of the of the
rayon City
rayon VET
x19 x2 6
/thousand capital
/thousand x12
Anenii Noi
city
83.2 8.8 Anenii Noi VET
Ialoveni
28.1 12.4 Basarabeasca
71.9 9.9 Briceni VET

124.4 39.5 Cahul VET

77.0 16.1 Călărași Leova


VET
VET VET

61.6 5.8 Cantemir


89.8 20.0 Căușeni
59.2 14.3 Cimișlia
Cantemir
73.5 8.5 Criuleni
42.1 10.2 Dondușeni COMRAT
86.2 20.4 Drochia VET
x3
35.3 20.5 Dubăsari
79.7 18.4 Edineț
90.9 16.9 Fălești Cahul

86.3 15.5 Florești x2 x2


VET

Taraclia
LEGEND:
59.0 11.2 Glodeni VET

119.2 17.3 Hâncești Secondary Vocational Institutions


VET (vocational schools)
101.6 16.6 Ialoveni
52.2 10.7 Leova Dual Secondary Vocational
Institutions
65.2 14.4 Nisporeni
source: www.ipt.md Post secondary Vocational
53.3 9.3 Ocnița
124.4 34.0 Orhei Institutions (colleges)
Interactive map of Technical
50.2 12.9 Rezina Vocational Education Institutions Higher Education Institutions
67.0 13.0 Râșcani (universities)
91.8 14.8 Sângerei
41.2 7.5 Șoldănești Population, thousand people Population of ATU Găgăuzia,
100.0 37.9 Soroca thousand people
3,547.5 Republic of Moldova, total
69.8 8.5 Ștefan Vodă 161.8 ATU Găgăuzia
92.3 20.8 Strășeni 825.9 151.5 Chișinău Municipality, Chișinău City
43.3 14.9 Taraclia 690.0 146.6
Bălți Municipality, Bălți City
71.5 8.1 Telenești
117.1 38.3 Ungheni 6
26.3 Comrat Municipality

22.9 Ciadâr-Lunga

16.7 Vulcănești

7
Education system in the Republic of Moldova
Age
Post-doctorate

27 6
Doctorate
26 3-4 years

25

24 5
Higher Education

Second Cycle Master


23 1-2 years

22

21 5
First Cycle Licentiate
(Bachelor)
20
3-4 years
4
19

18 3 College
17 2-5 years
3 Grammar 3
General School Professional
16 3 School
Secondary School 3 years
2 years X - XII 2 years
Trade
15
School

14
2
Compulsory Education

13 Secondary school
5 years
12 V - IX

11

10

9
1
Primary school
8
4 years
I - IV
7

6
0
5
One year compulsory pre-schooltraining
4
Kindergarden
3

I SCED Competition

7
based
The Exit to Dual Vocational
baccalaureate labor
level enrolment exam market Education

8
Operating costs and taxes
Moldova offers a highly-skilled,
competitively priced workforce. Labor factor for a strong business performance.
The quality of the labor force also derives
costs are among the lowest in the region
from the industrial experience and history of
and low enough to ensure cost-effective
Moldova, as it was one of the most
operations. This provides an attractive basis
industrialized republics in former Soviet
for a successful business.
times.
Evolution of the average gross salary in the
The gross wages in Moldova for workers economy 298€ 307€ 357€
in the industry sector range from 180 EUR to
225€ 224€ 220€ 235€
450 EUR, depending on the region and
professional level of the employee, which is
lower than the wages in the region. A
newly-graduated university student of
engineering could earn up to 600 EUR.
Moldova’s labor force combines low-cost 2013 2014 2015 2016 2017 2018 2019
with high productivity, thus reflecting the Source: National Bureau of Statistics, 2019
key

Evolution of the minimum wage in the Republic of Moldova and


Romania 505€
411€ 445€
325€
276€
199€ 215€
177€
148€ 154€ 130€ 142€
95€ 96€ 117€
84€ 85€ 87€ 83€

2011 2012 2013 2014 2015 2016 2017 2018 2019


Moldova Romania for people with a University
Degree Source: National Bureau of Statistics Moldova, Romania

The minimum wage in Moldova developed very slow, in some years even decreasing. In
Romania, the minimum gross salary doubled in the last six years and is maintaining a
clear growth trend.

Statutory Corporate Tax Rate-by Country , 2018


FEZ Moldova

Moldova
19% Germany
19% 20% Turkey Poland
Czech Republic Romania Slovakia
16% France
21%

15%

12% 33%
6%
8
Source: PWC, Worldwide Tax Summaries 2018

9
Average monthly wages in comparison, 1314
2018 Czech
1180 Republic
1123 1137 Poland
1017 Slovakia Hungary
Romania

720
Bosnia &
590 591 616 Herzegovina

443 483 Russia Macedonia Bulgaria

357 410 Albania


302
Serbia
Belarus
Moldova
Ukraine

Structure of
the average
salary in
Moldova,
2019 (EUR)
T
o
t
a
l

L
a
b
o
r

C
o
s
t
,

4
3
8
9
E %
.17 m
E p 1
m l
p o 6
son l y
o e .
y r 1
e
e H 0
H e
S
Tax e a
o
al l
(PIT u
t t
r
h h
c
(12 In
I e
s
u n :
26.11 r s
a u I
n r n
c a v
e n e
T c s
a e t
x
( T
4. a M
5 x o
% l
) ( d
4 o
16.10 . v
5 a

There
Net Salary are
294.03 loca
tion
s
with
diffe
rent
sala
ries.
The
gros
Emp21.46 s
loye
Gross sala
Salary ry of
Soci 357
357.6 EUR
Secu 9 (full
y
load
ed
(6%)
1
or company cost) is a
country average in the
national economy.

Utility costs, 2018


The utility costs are lower Rental prices for
than in the region:
Electricity Waterindustrial
Seweragespaces:
Gas
0.09-0.10 0.726 0.586
Moldova 0.34
Romania Serbia
3 3 3
EUR/kWh EUR/m EUR/m EUR/m
2-4 EUR/m3 3.5-4.5 4-5
EUR/m2 EUR/m2

Electricity,
water and In Free
Economic
sewerage is
Zones the
subject of
rental price
change,
for
depending
production
on the
halls is even
region.
lower, at
0.8 to 2
EUR per
square
meter.

1
Job creation subsidies
40,000 MDL (approximately 2,000 Euro) per job created at least 200,000 Euro per company.
ATU Gagauzia grants additional 20,000 MDL (approximately 1,000 Euro) per job created, and incentives for training
costs (50% for first 3 months’ salary).

Reservation of the subsidy


Submission of the application to the Ministry of Finance Submission of the application for payment to the Ministry of Financ
Approval of the application
<31 July <15 September <1 June-30 September

COMPANY COMPANY

SUBMIT SUBMIT

MINISTRY OF FINANCE MINISTRY OF FINANCE


Year N N+1
Year N

Payment of the subsidy


Approval of the application Payment of the subsidy installmentPayment
(50%) of the second- subsidy installment (50%)
<31 July <31 December <31 December

COMPANY COMPANY

N+1 N+1 N+2


Eligibility criteria
Ministry of Finance Ministry of Economy and Infrastructure
Creation of >100 new jobs
www.mf.gov.md www.mei.gov.md
•Jobs maintained for at least 3
Tel.: +373 22 26 26 e-mail: consult.subventionare@mei.gov.md
years
•Salary paid is not less than 75% of 81
the average annual salary

1
Virtual Park incentives for R&D and Engineering
The Information Technology Park is
governed by the Law no. 77 on IT Parks. The CIT (corporate income tax), PIT
(personal income tax), social security
purpose of the law is to boost the growth
and medical insurance taxes, local and
of the information technology industry,
real estate taxes.
R&D, Engineering, create new jobs and
attract local and foreign direct
reduced time and staff needed
investment.
for tax calculation and accounting;
One of the incentives granted by the
state to the residents of IT parks, is the significantly reduced risk of
application of a single tax of 7% on the committing errors in calculating
sales revenue. the tax obligations;

The main benefit for residents of IT significantly reduced risk of


parks is the simplification and reduction of sanctioning by inspection authorities.
taxation. A unique tax of 7% from the
turnover is replacing Medical Insurance
(employee &
Social Security employer)
(employee & employer)

PIT

7%
Personal Income Tax
CIT Local Tax
Corporate Income Tax

Road Tax Real Estate Tax

customized software development production


activities (customer oriented activities
software) (62.01)*; (59.12)*;

editing of other software other


products (58.29)*; educatio
n n.e.c. ,
management activities limited
(management and operation) to
of computing means compute
(62.03)*; r
other research and training
experimental development on (85.59)*;
natural sciences and
engineering (72.19)*; * According to Classification of Activities in
the Moldovan Economy (CAEM Rev.2)
computer game editing
activities (58.21)*;

motion picture, video, and


television programme post-

1
data processing, web page management and
related activities (63.11)*;
information technology consulting activities
(62.02)*;

other information technology service activities


(62.09)*;

research and experimental development on biotechnology


(72.11)*;
specialised design activities (74.10)*;

web portal activities (63.12)*;

Manufacture of electronic components


(26.11)*;

1
Favorable Business Climate
STARTING AND DOING BUSINESS IN MOLDOVA IN 2019 HAS BECOME EASIER
In recent years, important steps have been taken to improve entrepreneurial climate
in Moldova and make the country more attractive to foreign direct investors.

THE REPUBLIC OF MOLDOVA IS


It takes
RANKED 47
OUT OF 4 procedures and 1 day
COUNTRIES IN THE DOING BUSINESS to register a business in Moldova.
190
2019 RANKING

45 47 51 52 53 59 71

Belgium Moldova Italy Romania Hungary Bulgaria Ukraine

1 190
STARTING A
PAYING TAXES REGISTERING PROPERTY
BUSINESS
DB Ranking 2019 DB Ranking 2019
DB Ranking 2019
14 Moldova 35 Moldova 22 Moldova
Romania Italy
33
Belgium 49 23
Ukraine Hungary
Ukraine
56 54 Belgium 30 Romania
Italy
67 Hungary 60 Hungary 44 Ukraine
Bulgaria Bulgaria
82
Bulgaria 86 63
Italy Belgium
Romania
99 92 67
111 118 143
ENFORCING CONTRACTS PROTECTING MINORITY
GETTING CREDIT INVESTORS
DB Ranking 2019
DB Ranking 2019 DB Ranking 2019
17 Romania 33 Moldova
22 Romania
Hungary Bulgaria
Hungary 22 33
32 Ukraine
Bulgaria Belgium
32 Moldova
42 Belgium 57 Romania
Ukraine 64 Italy
44 Belgium 54
Moldova Ukraine
Bulgaria 57 72
60 Italy
Italy Hungary
60 69 72
112 111 110
1
Favorable location Giurgiulești International
Free Port
The outstanding location of Moldova and Moldova is also linked to Corridor VII
good transportation infrastructure provides (Danube from Passau-Germany to the
easy access to both CIS and European Black Sea) through the GIFP, situated at km
Countries. The excellent location enables 133.8 of the River Danube, direct
just-in-sequence and just-in-time delivery sea/river-borne transshipment and
of goods. Considering Germany, it takes 2 distribution point to and from Moldova. A
days for truck deliveries. regional logistics hub on the border of
the EU with access to road, rail, river, and
The longest Pan-European Corridor is
passing through Moldova. Railway and road sea. GIFP offers container, bulk, oil
corridor IX from Helsinki (Finland), St. terminals, and forwarding services.
Petersburg (Russian Federation), Gomel Transportation time
(Belarus), Kiev (Ukraine), Chişinău
Germany
(Moldova), Bucharest (Romania),
Dimitrovgrad
(Bulgaria), and C
Mol h China
Alexandroupoli i
dov (Ship)
(Greece) — n
a a 35 days
crosses the 2 (
country from days T
North to r
a
South, linking n
it to key trade S
i
partners. b
)
2
3
d
a
y
s

A strategic location in close


proximity to OEMs, Tier 1 and
Tier 2 suppliers, enabling just-
in- sequence and just-in-time
delivery.

Country City S

Pitesti Dacia-Renault
Romania
Craiova Ford
Bielsko Biala Fiat Chrysler A
Poland Gliwice GM/Opel
Poznan Volkswagen
Gyor Audi
Hungary
Kecskemet Mercedes-Ben
Trnava PSA Peugeot C

1
Bratislava VW
Slovakia Zilina Hyndai/KIA
Austria Graz MagnaSteyr
Bosnia & H. Sarajevo Skoda

Czech Mlada Boleslav VW


Republic Kolin PSA/Toyota
Slovenia Novo Mesto Renault
Bulgaria Bahovitsa Great Wall Motor
Gebze, Izmit Honda, Isuzu, Hyundai
Turkey
Arifiye Toyota, Otkar (Iveco, Land Rover)

1
Competitive products
Moldova provides excellent
opportunities in Tier 2 and Tier 3 supplier
production in the Automotive Industry.

Automotive Supply
Chain structure:

Tier 1
System Modul Supplier

Tier 2
Component Supplier

Tier 3
Part - ⁄Raw material Supplier

The combination of the knowledge


pool, labor cost advantages, favorable tax
and social security regimes, and close
trade relations makes production
competitive for products like: Photo credit : Dräxlmaier Group, FEZ Balti subzone 2

Pr
Product Description
M
Seat and car covers, airbags, textile parts
Textile tapes, safety belts
Cables and wires
Wire harnesses
PU Foam
Plastic & Rubber molding injection
Steering wheels
Engineering and R&D
Embedded Systems
Foundry & Steel castings
Machine parts and components
Electronics EMS, SMT, THT
Metal construction (welding)

1
Success Stories &Industrial Competences
Mohyliv-Podolikyi

Otaci
Ocniţa
Briceni

Dondușeni
Edineţ
Soroca

Drochia
Rîșcani
Florești

Costești Șoldănești
BĂLŢI
Glodeni

Sîngerei Rezina

Fălești
Telenești
UKRAINE
Orhei

Ungheni
Călărași
Strășeni Criuleni

Iasi
Nisporeni CHIȘINĂU

Ialoveni Anenii Noi


Hîncești

Căușeni

Cimișlia Ștefan Vodă

Leova Odessa

Basarabeasca

Cantemir
COMRAT
Belgorod
Tvardita Dnestrovsk

ROMANIA Ceadîr-Lunga

Cahul

LEGEND Taraclia

Electronics

Vulcănești Bolgrad

R&D
Focsani

Nano sensors &


Galati Kilia
wires Shoes
Glass manufacturing Water bottling
Carpet Izmail
Cardboard manufacturing Food products
Garment & Knit wear Braila
Metal processing Winery
Furniture Sulina Branch
Gravel & stone extraction Chocolate
Seat covers Tulcea Sulina
Textile tapes
Energetics
Wires and harnesses
Bakery
Cigarette and tobacco
BLACK
SEA
Steering
Buzau
wheels Ceramic tiles Dairy products
Rubber & Plastic P ps
u
injection Steel casting m Construction material
Alcohol & bioethanol Railway Meat processing
15
Cannery Sugar Beer

s
Free Economic Incentives in Free Economic Zone (FEZ)

Zones for a period 3 (5) years when


investing at least 1 (5) million
The Free Economic Zones (FEZ) USD
represent excellent platforms that are
no Excise and Customs duties
convenient to export-oriented
manufacturing companies, which intend to State guarantee on legislation
benefit from a preferential customs and changes
tax regime. Customs office on site
There are 7 FEZ in Moldova, spread
throughout the country and located Road and utilities
either near a border, or in big cities.
infrastructure EU border
These FEZ offer preferential conditions
and a dedicated customer-oriented green lane (AEO)
administration.
Dual vocational system
Activities in the FEZ are limited to Ongoing professional
industrial production, packaging, trade, support by FEZ
transportation, logistics and utilities, with Administration
priority given to manufacturing.
Moreover, Giurgiulesti International Free 0.15 - 3.5 euro/m² land sales price
Port and Marculesti Free Airport offer quite EUR/USD payments among
similar conditions to the FEZ. FEZ residents

Minimal state inspection and


Industrial Parks control regime

Incentives in Industrial Parks


Industrial parks (IP) are delimited territories
in which industrial production, services Free re-zoning of agricultural
provision, applied scientific research and/or into industrial land;
technological development are carried out
under some preferences. There are 8 Normative (below market) prices for
the purchased land;
Industrial Parks in Moldova: IP Tracom
(Chisinau), IP Bioenergagro (Drochia), IP Reduced rental price for state land;
Cimislia (Cimislia), IP Raut (Balti), IP CAAN
(Straseni), IP Edinet (Edinet), IP Triveneta Free connection to existing
Cavi Development (Straseni), IP Comrat infrastructure in the park;
(Comrat). Minimal state inspection and control
regime.

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2

16
Free Economic Zones & Industrial Parks
Kaluga, RU - 1063km
Tychy, PL - 771km Kiev, UA - 385km
Katowice, PL - 768km Vinnytsa, UA - 120km
Lviv, UA - 341km Mohyliv-Podolskyi, UA - 0.5km
Ivano-Frankovsk, UA - MD: Briceni MD: Otaci
215km Chernivtsi, UA - UA: Rososeni Mohyliv-Podolikyi UA: Mogiliov-Podolisc
105km
MD: Criva P63
UA: Otaci MD: Unguri
Mamaliga
Ocni�a UA: Bronnita
Briceni
M14
H10

Edine� Dondușeni M05


Soroca

Cupcini M4
Drochia M2
Baia Mare, RO - 443km
Suceava, RO - 97km Ra�cani
Bototsani, RO - 55km Florești
MD: Costești M14 M4
RO: Stânca �oldănești
BALTI
Glodeni Rabni�a
Rezina
24D
Sângerei M2
M4
M13
Fălești
ROMANIA M14
Telenești M05

Iași, RO - Orhei
24km MD:
Sculeni RO:
Sculeni Călărași
M21
Dubăsari
UKRAINE
24C Ungheni Criuleni
Grigoriopol
FEZ Location name Strășeni
Nisporeni M4
Iaș
FEZ Otaci i
Business
FEZ Mărculești Hub Airport CHIŞINĂU
(Florești) FEZ Bălți Ialoveni
M14
TIRASPOL M05
Subzone Strășeni Anenii M14
Noi

Subzone Pănăsești
M4
Arad, RO - 654km Hancești M3
Slobozia
Craiova, RO - 641km
Subzone Căușeni Pitești, RO - 531km
Căușeni
Bucharest, RO - 407km
Subzone Orhei MD: Leușeni Odessa, UA - 77km
RO: Albi�a MD: Palanca
Subzone Cahul Cimi�lia �tefan Vodă
UA: Udobnoe

Subzone Rezina Leov


a
Subzone Fălești 24
Basarabeasca
Subzone Cimișlia MD: Basarabeasca
UA: Serpniovoe 1 MD: Tudora
Subzone Ștefan Vodă UA: Starokazacie
Cantemir COMRAT
Subzone Chișinău
FEZ Ungheni Timișoara, RO - 697km
LEGEND:
Craiova, RO - 481km Ceadar-Lunga
Business Subzone Pitești, RO - 370km
Bucharest, RO - 255km FEZ
Călărași Subzone Constan�a, RO - 215km
MD: Ceadar- Lunga
UA: Novie Troiani
Nisporeni
Gala�i, RO - 10km
MD: Giurgiulesti
Cahul FEZ Subzone
Taraclia
Subzone Hâncești
RO:
Subzone Soroca Galati MD: Mirnoe Industrial Park
UA: Tabachi
FEZ Expo Business Border Pass
Bolgrad
Chișinău MD: Vulcănești Airport
Subzone Sângera UA: Vinogradovca
Sea/River port
Giurgiulești
FEZ Tvardița Kilia
Route number
FEZ Taraclia MD: Giurgiulești
Izmail
UA: Reni Motorway Project
FEZ Valkanes (Vulcănești) 22E Sulina Branch
Tulcea
Subzone Comrat Sf.
Sulina

Subzone Ceadâr Lunga


Buzau
17
Main distances
Gheorghe
Branch 1h BLACK
SEA 2h
FEZ Giurgiulești Free International in km and hours (h)
Razim
Port
5h lake Constanta Istambul
2.5h 2h
2.5h
4h
5.5h

Briceni Soroca Băl�i Strășeni Chișinău Căușeni Comrat Cahul Giurgiulești


240 km 156 136 km 25 km 70 km 105 km 170 km 225 km
km
Free Economic Zones Greenfield
500 + ha
R14
Free buildable area M2

in FEZ all over the country


R13

FEZ BĂLTI
Owner: Public
SOROCA Subzone
Total area: 136 ha | Free buildable area: 130
ha Owner: Public
Master plan: Topography & Geology
17.6 ha
surveys
Buried services: Water, Electricity, Gas, Sanitation Land price: 1.5
Land price: 3.5 EUR/m²
EUR/m²

R1

M2

CĂLĂRA$I Subzone ORHEI Subzone


Owner: Public Owner: Public

Free buildable area: 32 ha 170 ha - posibility to extend

Land price: 0.15 EUR/m ²


Land price: 1.5 EUR/m²

R1

M2

STRĂŞENI Subzone $TEFAN VODĂ Subzone


Owner: Private Owner: Public

Free buildable area: 15 ha Free buildable area: 8.9 ha

Negociable lease & Land price: 0.65 EUR/m²


purchase

R38

R36

CAHUL Subzone CIADÎR-LUNGA Subzone COMRAT Subzone


Owner: Public Owner: Public Owner: Public

Free buildable area: 23 ha Free buildable area: 42 ha Free buildable area: 40 ha

Land price: 0.15 EUR/m² Land price: 0.65 Land price: 1.5
EUR/m² EUR/m²
1
8
“Moldova has a competitive country profile, providing good opportunities
for business development. These are multiplied by the willingness of
Authorities and such Institutions as Invest Moldova, Invest Gagauzia and
GIZ to facilitate
the foreign investments.
We started our business in 2016, expanded in 2018, and see potential for
further growth of our operations in Moldova.”

Santiago Rodrigue Borras


President & CEO Fujikura Automotive Europe

“Moldova has a competitive country profile, providing good opportunities for


business development. These are multiplied by the willingness of Authorities
and such Institutions as MIEPO and GIZ of collaboration with the foreign
investors, in order to contribute to the economy growth. This makes a solid
foundation for a long term partnership between the Foreign Investor
and the Country Society.”
Torben Kämmerer
Managing Director, Director of Business Unit Cable Assemblies

“SEBN aims to implement a long term project in Moldova, which


confirms that the country is attractive for the automotive industry with
available workforce, necessary infrastructure for its development and
openness to foreign investment. Through early engagement and strong
collaboration with the Parliament, Government and local authorities, it
was created a Free Economic
Zone in Orhei, which provides favorable conditions for a successful activity.”

Oliver Schacht,
Member of the Board, COO, SEBN SE
Igor Corman,
Administrator of SE Bordnetze SRL

“Ungheni and its free economic zone, where Lear Corporation Moldova
is placed since 2010, confirmed itself as a well performing and
competitive
plant. The geographical position (30 km from EU border), the proximity to the
European customer base and suppliers, as well as the dedicated labor force
are the right ingredients for a success story. We see potential for further
expansion of our business in Ungheni.”

Jaime Osuna,
VP of Trim Operations for Europe & Africa

“We decide to open a new production plant in Moldova for a good


strategic position and a reasonable labor cost. Local and central
Government authorities offer entire support in investment and
business activity.”

1
Gregorio Isgrò,
Administrator at CONFEZIONI ANDREA MDV S.R.L.

2
“The DRÄXLMAIER Group is a reliable partner to the automobile
industry and one of the technological leaders in the premium segment.
We started our business in Moldova in 2007 and since then have
continuously expanded operations. This country proved to have great
potential for the development of our projects. DRÄXLMAIER made a
huge investment in Moldova and built a second plant in 2011 within
the Free Economic Zone in “Balti”, with full support by local and central
authorities. The inventor of the customer-specific wiring harness, the
DRÄXLMAIER Group stands for pioneering innovations in conventional
and alternative drive systems, as well as in electrical and electronic
components. Great extension of plant 2 in Balti in 2017 for new
DRÄXLMAIER projects in Moldova proved an outstanding investment in the
region. In 2018 we have successfully expanded our design & engineering
activities in Interiors in Chisinau Product Development Office in Technical
University campus, as well as built a new plant and started production
of wiring harnesses in Cahul. At DRÄXLMAIER, employees participate in
international projects of producing customer-specific wiring harnesses
and developing components and interior parts for the Premium
automotive industry.
DRÄXLMAIER is a pioneer in the field of apprenticeship. In 2014 the
company launched the Dual Education System and after one year the first
graduates have been hired. Implementing this system and continuously
training our staff, the company can guarantee a consistently high quality
of the education level.
DRÄXLMAIER is a responsible partner of the region and supports
various projects that help developing it, continuously supporting social,
education, sports and culture projects of the region.”

Guido Meinelt
DRÄXLMAIER Country Speaker for Moldova, Plant Manager at
DRA Draexlmaier Automotive SRL

“The international growth of G&G requires a good choice of regions for


our plants. We look for availability of motivated staff, safety and good
cooperation with authorities. All of these factors made Moldova to a
strong match. We are
very satisfied with the conditions in Balti and are happy to increase our foot
print soon.’’
Nikolaus Griller
Managing Director, Sales and Innovation Management

“Since 2007 we work in Moldova and our experience is very positive.


The strategic location and proximity to the European Union, the great
manufacturing tradition of workers and the direct relations with local and
central institutions of the capital Chisinau ensure excellent base for
any foreign investor.”

Fabio Zanno,

2
Chief Operating Officer Kab-lem Group
Andrea Bobbo,
Sales R&D Manager

2
THE MOLDOVAN
INVESTMENT AGENCY
THE ONE-STOP SHOP FOR ALL YOUR
INVESTMENT QUESTIONS
ASSISTANCE & INFORMATION

Provide Assist Connect


Information on the investment Scoping missions With relevant partners:
climate (agenda, logistics, Embassies
Sector-specific information follow up)
Government authorities
Consulting on suitable Investment incentive
application Business associations
locations – FEZ, IP
(Invest Moldova Information on business Existing investors
database) providers - HR, Legal,
Information on relevant tax, Consulting, etc.
legal and administrative
issues

INVESTMENT ATTRACTION & PROMOTION ACTIVITIES


G2B and B2B Missions
International events- Moldova Business Week
abroad
promotion of the investment
climate of the Republic of
Moldova

2
AFTERCARE
Platforms for Investors
Council for the promotion of projects of national importance, chaired by
Prime Minister
Economic Council to the Prime Minister of the Republic of Moldova
41 associative structures of the business
community 43 state institutions
16 representatives of the scientific and research community
6 Working groups:
Eliminating constraints in entrepreneurial activity: Coordinator - American Chamber
of Commerce (AMCHAM)
Facilitation of trans-border trade: Coordinator - European Business Association (EBA)
Stimulation and retention of private investments : Coordinator - Foreign Investors
Association (FIA)

2
The Moldovan Investment
are bd., Chișinău, Republic of Moldova, MD-2012, Tel.: +373 22 27
Agency 36 54
is the prime source Our team consists of
3 10 of information and permanent investment
assistance for potential attraction staff, sectorial
investors. consultants, as well as
nvestment Agency regional officers. Combining
our experience, we are
We provide tailored
services for potential able to provide you with
investors throughout the information relevant for
investment decision your decision making, as
process. We also support well as links to businesses
existing investors in and government.
extending their operations.

In close cooperation with, and supported by:

2000km

Sankt Petersburg

1500km

Nijnii Novgorod

1000km
Kaluga

Minsk Tolyatti

Bremen
Poznan
Wolfsburg
500km
Leipzig Glewice
Genk Katowice
Mlada Boleslav Kiev
Kolin Lviv
Paris Sindelfingen
Bratislava
Balti Zaporoje
Munchen Esztergom MD
Gyor Chisinau
Oradea
Graz
Pecs
Timisoara
Novo Mesto
Turin Pitesti

Sarajevo Craiova

Pamplona

Valls

Bursa

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