Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. President Maia Sandu invites Romanian businesses to contribute...

President Maia Sandu invites Romanian businesses to contribute to Republic of Moldova's transformation

May 6, 2025

President of the Republic of Moldova Maia Sandu invited on Monday Romanian companies to invest in the EU hopeful, telling the Economic Forum "Investments - Development - European Integration" taking place in Chisinau that Moldova will receive 1.9 billion euros worth of financing for investment development, a facility Romanian companies can also benefit from."This year, under the European Union's Growth Plan, Moldova secured an ambitious investment package of 1.9 billion euros dedicated to modernizing the economy, developing infrastructure and preparing accession. It is also a concrete opportunity for European companies, Romanian businesses in particular, which enjoy the advantage of language, proximity and an already consolidated relationship. I therefore extend an open invitation to Romanian companies to contribute to the transformation of the Republic of Moldova, to be part of a growing economy which is gradually joining the European market it is increasingly connected to," said Sandu.   She added that Romania is not only the Republic of Moldova's strategic partner, but also its soul partner.The leader from Chisinau emphasized that the Republic of Moldova's path towards the European Union passes, without a doubt, through Romania."Romania is not only our strategic partner, it is also our soul partner. No other country has invested more, believed more and constantly supported us more in our European journey. Our path towards the European Union passes, without a doubt, through Romania, including through the companies, institutions, support and trust offered by our partners across the Prut," said Maia Sandu.The Moldovan President also said that Romania is "the number one investor in the Republic of Moldova" and that "the Romanian economic presence is solid and diversified"."Today, Romania is the number one investor in the Republic of Moldova. The Romanian economic presence is solid and diversified, from green energy to logistics, IT, furniture, sustainable agriculture or education, but the changes we have implemented in recent years in Chisinau show that we can do even more. The Republic of Moldova is an open, connected and European economy, and in the not too distant future it will also become a member of the European Union. The access of companies from the Republic of Moldova and from the region to an enlarged market is already a reality, through our free trade agreements with the European Union, the United Kingdom, Turkey, Ukraine and the Western Balkans, and the Free Trade Agreement with the European Free Trade Association - EFTA, which includes Norway, Iceland, Switzerland and Lichtenstein, has also entered into force as of April 1 this year. These trade openings go hand in hand with concrete actions to modernize the economy, digitalize the administration, reduce red tape, develop infrastructure, actively support SMEs and a competitive tax regime. All contribute to a clear, predictable and attractive business environment," Maia Sandu said.   

Read in full - click here
Only 145 Romanian companies grew annually for 17 straight years, study finds

Only 145 companies in Romania, out of more than 800,000 active businesses, managed to grow their revenues and remain profitable every year between 2008 and 2024, according to an analysis published by business intelligence platform Termene.ro. The study found that these firms, representing just one in every 5,500 companies (or 0.02% of the total), generated […]

Romania’s goal to join OECD by 2026 “achievable,” secretary-general says during visit to Bucharest

The secretary-general of the Organization for Economic Cooperation and Development, or OECD, Mathias Cormann, was on a visit to Romania on Monday, September 15. The representative had talks with president Nicusor Dan and prime minister Ilie Bolojan, after which he said that Romania may succeed in joining the organization in 2026. Founded in 1961, the […]

Former general manager of Timișoara Airport indicted in abuse of office case

Romania’s anti-corruption prosecutors have indicted Timișoara Airport’s former general manager Iulian Daniel Idolu and five board members on charges of abuse of office, alleging they illegally extended Idolu’s mandate without a competitive selection process. The National Anti-Corruption Directorate (DNA) said Iulian Daniel Idolu, who served as general manager of “Traian Vuia” Timișoara...

Romanian car rental company Klass Wagen launches Autozentrum brand, opens first subsidiary in Germany

Romanian car rental company Klass Wagen said that it launched the Autozentrum brand and opened its first subsidiary in Germany, becoming the first Romanian company to sell used cars on the German market. The move marks the beginning of the Klass Wagen Autozentrum European network, through which the group intends to sell used cars directly […]

Romanian men's tennis team qualifies for Davis Cup play-offs

The Romanian men's tennis team defeated El Salvador 3-1 over the weekend of September 13-14 and secured a spot in the Davis Cup World Group I Play-offs. The tie between the two teams was played within World Group II. In the first match of the tie, Romanian Radu Țurcanu defeated Marcelo Arévalo, 6-7 (3/7), 6-3, […]

France launches pilot program to teach Romanian language in public schools

France has introduced a pilot program to teach Romanian as a mandatory foreign language in its public school system, marking the first such initiative in the country’s education sector, the Romanian Embassy in Paris announced. The project began at Collège Aimé et Eugénie Cotton in Blanc-Mesnil, a town in the Seine-Saint-Denis department, where many students […]