Press releases
Investing for the future: a further 66 Moldovan companies become more competitive on domestic and external markets with the support of the Government and the World Bank Group
5 September 2025, Chisinau 66 companies in the Republic of Moldova benefited from grants totalling lei 39.5 million, which will stimulate investment of lei 64.6 million in the domestic economy. The funds are accessed through several grant programmes, managed by the Organisation for the Development of Entrepreneurship in collaboration with the Ministry of Economic Development and Digitalisation, and will be used to purchase modern equipment as well as to streamline production processes.
The support is provided by the Government of the Republic of Moldova, which contributes 10 million lei to 29 companies.
In addition, other 37 companies receive grants totalling lei 29.6 million through Programme to increase local producers’ competitiveness and integrate into value chainsfunded by the Government and the World Bank Group, through ODA and World Bank Competitiveness Implementation Unit.
These companies currently account for more than 846 employees and at least 438 new jobs will be created with the help of grants.
Through this support, companies become more competitive, employees benefit from better wages and communities of stronger economic opportunities.
At the event, the Deputy Prime Minister and the Minister for Economic Development and Digitalisation, Doina NISTOR, said:
“Moldova needs strong business and people who choose to invest here at home. Through the grants we offer, we send a clear message to entrepreneurs: they are not the only ones. The government and development partners are accompanied by buying new machinery, creating jobs and driving their products further on foreign markets. Together, we invest in the future of our country.”
“Supporting private sector development is a priority for the World Bank Group, as a dynamic private sector is crucial for job creation, innovation and productivity growth, ultimately a driver of income growth. Support by the World Bank Group is therefore geared towards creating a competitive and predictable environment for small and medium-sized enterprises in the Republic of Moldova, in order to support their growth, strengthen access to finance for investment, increase competitiveness so that Moldovan firms can integrate into regional and international value chains and benefit from technological advances and integration into markets.” said Ulrich Schmitt, Moldova Country Manager, World Bank Group.
Speaking about the course of local entrepreneurs and their efforts to support them, Vadim Codreanu, the ODA directory, underlined the institution’s commitment to support the transformation of courageous ideas into sustainable economic realities:
“Prepressions that innovate, invest and develop their businesses directly contribute to strengthening the national economy. Through ODA-managed programmes and grants, we provide concrete support for transforming ideas into sustainable business capable of creating jobs and added value in communities. Our role is to remain a reliable partner for risk takers and build the economic future of the Republic of Moldova.”
Since the beginning of the year, 537 companies have benefited from grants awarded through the Entrepreneurship Development Organisation for a total amount of lei 233.5 million. This support triggered more than lei 447.6 million planned investments in the domestic economy.
Of all beneficiaries, 322 companies were financed by the state budget, 147 received support from the European Union through the project “European Union for Small and Medium Enterprises” and 61 companies were supported by the Government-funded Programme and the World Bank Group. Moreover, seven companies benefit from the “EU4Moldova: Local Communities” programme, funded by the European Union, the governments of Germany, Austria and Poland, and implemented by GIZ, ADA and SFPL in Moldova.
For more information on business support programmes, visit the official website www.oda.md or contact the Consultancy Centre at phone number: 022 22 57 99.