Citizens’ Summary 2023: Moldova
EU4Business has published the Citizens’ Summary 2023 for Moldova with the overview of major results of 2022. 6,328 SMEs were supported through the EU4Business Initiative in Moldova, generating an extra €385 million in income and 22,427 new jobs, growing their turnover by 30%, and increasing their exports by 12% as a result. See the detailed results in the brochure.
Executive Summary for Moldova: 2022 At a Glance
2022 was a year of challenges for Moldova, with the Russia’s invasion of Ukraine creating security issues for this bordering republic, as well causing loss of external markets, problems with energy supply and a general disruption to normal business networks. Nonetheless, the impact of these events upon SMEs was mitigated by the support from the EU4Business Initiative. Turnover grew, there was an increase in exports by businesses already working in international markets and new jobs were created. Furthermore, it appears that the SMEs had fully recovered from the impact of COVID-19, prior to the war.
This publication aims to raise awareness among the citizens of the Republic of Moldova and especially of the business environment about the opportunities and benefits resulting from the harmonization of national legislation with the provisions of the DCFTA. In this regard, the success stories of Moldovan companies that have already benefited from the results of the implementation of the Agreement since its signing are illustrated.
