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Automotive Components and Industry Overview
Republic of Moldova
Craiova
Bursa
Sarajevo
Pitesti
Timisoara
Oradea
Mlada Boleslav
Kolin Lviv
Kiev
Balti
Chisinau
500km
1000km
1500km
2000km
ZaporojeEsztergom
Turin
Munchen
Valls
Pamplona
SindelfingenParis
Genk
Bratislava
GyorGraz
Novo Mesto
Pecs
Katowice
Minsk
Wolfsburg
Leipzig
BremenPoznan
Glewice
Kaluga
Nijnii Novgorod
Tolyatti
Sankt Petersburg
500k
m1000
km1500
km2000
km
500k
m
1000
km
1500
km
2000
km
500km
1000km
1500km
500km 1000km 1500km 2000km
500km
1000km
1500km
2000kmMD
Edi
tion
2016
/201
7
GUAMCEFTA
CISEU
ESP
FRA
GBR DEU
ITA
TUR
ROMHUNAUS
CZE
BGR
LTU
LVA
EST
GRC
POL
SWEFIN
NOR
BLR
RUS
KAZ
UZB
UKR
KEY FACTS 2015/2016
€ 4,514GDP per capita at PPP 2015
9.7%Inflation rate2015
€ 5.78 billion
GDP current prices2015
0 % CIT 0% DUTIES0% VAT
EXCISE CUSTOMS
in FEZ
> 1MIO Investment 6% FEZ 12% General regime
in FEZ
40.3%Employment rate 2015
Average wage (gross)2016
235€ /month344Doing Business2017 Rank
33,846 km2
Area
3.55 millionPopulation
1 EUR = 21.63 MDLDecember 2016
Currency MDL
Republic of MoldovaOfficial name
ca. 814,000 inhabitantsCapital Chisinau
LanguageRomanian (official)Other spoken languages: Russian, Ukrainian, English, French, German, Italian, Turkish, Bulgarian
1.80 Full load (labor cost)2016
€ /hour
96 Minimum salary2016
€ /month
2-3.5construction landin FEZ
Purchase price,
€ /m2
Free Trade Agreements The Republic of Moldova has signed 43 Free Trade Agreements (FTA), including:• DCFTA (Deep and Comprehensive Free Trade Area with the European Union) - 500 million customers;• FTA with CIS countries (Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Uzbekistan) - 250 million customers;• FTA with Turkey - 80 million customers; • CEFTA Central European Free Trade Agreement (Moldova, Macedonia,
Albania, Serbia, Montenegro, Bosnia and Herzegovina and UNMIK (Kosovo) - 30 million customers;
• GUAM Organization for Democracy and Economic Development (Georgia, Ukraine, Azerbaijan, and Moldova) - 60 million customers.
880 millionCustomersduty-freemarket
ContentsIndustry overview .....................................................................................................................2
Business start-up in Moldova .................................................................................................3 Automotive components industry ............................................................................................4
Top reasons to invest in Moldovan Automotive Sector ...........................................................5
Human resources are one of the most important assets of Moldova .............................5
Education .........................................................................................................................5
Educational Institutions, map ...................................................................................................7 Educational system in the Republic of Moldova, structure ...........................................8 Operating costs and taxes ......................................................................................................9 Structure of the average salary in Moldova .................................................................10 Utility costs ...................................................................................................................10 Favorable location .................................................................................................................11 Giurgiulesti International Free Port (GIFP) .............................................................................11 Competitive products .............................................................................................................12 Automotive supply chain structure .............................................................................12 Success stories and industrial competences, map ...................................................13 Free Economic Zones (FEZ) and Industrial Parks (IP) ...........................................................14 Invest in Moldova helps you ...................................................................................................16 Testimonials ..........................................................................................................................17
2
to 12.0%. In 2015, the industrial production reg-istered an increase of 0.6%, mainly driven by the growth of 2.3% of the manufacturing industry. The production of electrical equipment has in-creased by 32.2%, followed by the production of textiles (+19.9%), chemicals (+17.6%), pharma-ceuticals (+16.9), wood processing and wood arti-cles (+15.9%), and others.
A significant intake was brought by the automo-tive industry, representing the biggest share in the increase of electrical equipment and textile. Auto-motive is one of the most dynamic industries in Moldova.
Industry overviewMoldova’s modern automotive industry foun-dations build on its strong industrial past. The share of industry in Moldova’s GDP rep-resented 60% until the 1990s. Back then, Moldova was one of the important producers of industrial products among the CIS states and now it revives.
Moldova was active in 97 branches of produc-tion. 558 industrial enterprises, 21 R&D institu-tions and 392 thousand workers were part of the industry. Moldova successfully exported 90% of its produce in the machine building industry, which represented 20% of total industry output.
The foundations of local industry were companies that produced a large variety of products, from TV sets, refrigerators, washing machines to tractors, and exported them to over 60 different countries.
The industry production reached 15.2% of GDP in 2015, while the agricultural production decreased
2010 2010 2012 2013 2014 201513
14
15
13.613.3
13.9
14.314.1
15.2
Source: IMF, World Economic Outlook Database, 2015.
Share of industry in GDP, %
3
Business start-upin Moldova
Starting a business, DB Ranking 2017
Ukraine
Moldova
Serbia
Romania
Bulgaria
Croatia
Poland
20
44
47
62
82
95
107
Registering property, DB Ranking 2017
Moldova
Poland
Serbia
Romania
Bulgaria
Croatia
Ukraine
21
38
56
57
60
62
63
Getting credit, DB Ranking 2017
Romania
Poland
Ukraine
Moldova
Bulgaria
Serbia
Croatia
7
20
20
32
32
44
75
Enforcing contracts, DB Ranking 2017
Croatia
Romania
Bulgaria
Poland
Serbia
Moldova
Ukraine
7
26
49
55
61
62
81
Paying taxes, DB Ranking 2017
Moldova
Poland
Croatia
Romania
Serbia
Bulgaria
Ukraine
31
47
49
50
78
83
84
2017 rankingDoing Business countries in the
44 out of 190The Republic of Moldova ranked is
It takes 4 procedures and 1 day
to register a business in Moldova.
4
Automotive components industryNowadays, the automotive industry is a key growing sector for the Moldovan economy. This is due to an increased focus on the unused industrial potential of Moldova and the maintained industrial orientation in the education system (Technical University, technical colleges and vocational schools). The total export in the automotive industry registered over 257 million EUR (in 2015), with an increase of ca. 12.72%.
EUR 179millionEUR 137
2012 2013 2014 2015
million
EUR 228million
EUR 257million
Automotive components Exports
Production concentrates on cables, wiring har-nesses for cars, car seat covers, plastic molding injection, metal processing, electronics and elec-tronic components, and assembling.
This production is executed in Tier 1, 2, and 3 supplier plants, as well as local subcontractor companies.
Important examples would be Lear Corporation, Dräxlmaier Automotive, Gebauer & Griller, Sam-my Cablaggi / Kablem, Elektromanufacturing, Confezioni Andrea Covercar, LEONI, SEBN Su-mitomo Electric Bordnetze, Fujikura Automotive, Coroplast Fritz Mueller, and APM Automotive.
Number of employees in Automotive
6,2005,100
2012 2013 2014 2015 2016
6,900 7,6509,100
Source: Invest in Moldova
Source: Invest in Moldova
Up to now, large direct investors prefer to locate themselves in Moldova’s Free Economic Zones (FEZ), which represent an excellent location for industrial development and production relocation oriented for exports.
5
What Moldova offers
Human resources are one of the most important assets of Moldova
Moldova offers an active, educated, and multi-lingual workforce. It is a melting pot of several nationalities, such as Romanians, Russians, Ukrainians, and others. The official language is Romanian, however there are more languages in use: Russian, English, Ukrainian, Bulgarian, and Gagauz language (close to Turkish). In addition, many Moldovans speak French, Italian and Ger-man.
The population of Moldova comprises of ca. 3.55 million people, with ca. 2.9 million above 15 years and ca. 1.2 million representing the active labor force.
The unemployment rate is 4.9% (2015), howev-er the employment rate stands at 40.3 % (2015) compared to EU average of 70.1% (2015). A considerable additional labor force could poten-tially be represented by Moldovan migrants abroad, willing to return back home and find a decent job.
Education
Well-educated young students, in sector-specific faculties, are available to work in companies and increase their productivity. Moldova has strong technical faculties and specific colleges, e.g. Chisinau and Balti Polytechnic Colleges, Techni-
Top reasons to invest in Moldovan Automotive Sector
Competitive and well-educated labor force,
which is the result of Moldova’s industrial past and of a comprehensive education
system. At the same time, Moldova features the lowest
labor costs in the region.
Just in time / Just in sequence delivery to EU, CEFTA, and CIS markets: Geographical proximity and Free Trade
Agreements with EU and CIS countries makes logistics
fast, easy and reliable in all markets.
Free Economic Zones are excellent manufacturing platforms for automotive growing supplier base.
They offerimportant incentives,
preferences, andstate guarantees.
Total number of students in 2015/2016
30,248Colleges
16,098Vocational schools
81,669Universities
Source: National Bureau of Statistics, 2016
Total number of graduates in 2015/2016
6,252Colleges
9,220Vocational schools
22,988Universities(cycle I, II)
Source: National Bureau of Statistics, 2016
6
Number of students in universities (Engineering & Exact Sciences) 2015/2016
8,662
2,2253,282Architectures&Construction
Engineering,Manufacturing &Processing
Engineering
1,555Exact Sciences
Number of graduates in colleges (Engineering & Manufacturing) 2015/2016
1,136
580493Construction
Transport
Industry
Source: National Bureau of Statistics, 2016
Number of graduates in universities (Engineering & Exact Sciences) 2015/2016
1,399
343399
106
544
238
Architectures&Construction
Engineering,Manufacturing &Processing
Engineering
275172
Exact Sciences
Cycle I Cycle II
Source: National Bureau of Statistics, 2016
Higher Education Institu-tions (2015/2016)
Graduates
Cycle l Cycle ll
Economic sciences 4,805 1,370
Law 2,541 1,145
Engineering and Engineering activities
1,399 343
Humanitarian sciences 637 234
Architecture and construction 544 238
Manufacturing technologyand processing
399 108
Exact sciences 275 172
Chemical technology and biotechnologies
112 18
Colleges (2015/2016)Stu-
dents
Gradu-
ates
Economics 4,466 915
Information Technologies 1,786 346
Electrotechnics and energetics
1,282 229
Mechanics 1,474 276
Transport 2,802 546
Electronics and communication
1,128 163
Information systems and computers
1,003 188
Technology of food pro-cessing
1,093 223
Apparel industry 980 174
Construction 1,537 304
cal College of UTM, Microelectronics College, In-formatics College, Light Industry College, Tech-nological College etc.
Technical education is one of the strongest in the Republic of Moldova, comprising best engineers known for their expertise.
Technical University of Moldova (UTM), located in Chisinau, is the main high education institution for technical education. The number of engineers, managers and other specialists is sufficient to meet the investor’s demand in most sectors.
In contrast to other Eastern European countries, Moldova’s unit labor cost is stable and and grow-ing very slowly.
Source: National Bureau of Statistics, 2016
Source: National Bureau of Statistics, 2016
7
VET
VET
VET
VET
VET
VET
VET
Edineţ
Briceni
Drochia
Soroca
Florești
Șoldănești
Fălești
UngheniCălărași
Strășeni
Orhei
Nisporeni
Căușeni
Anenii Noi
Rezina
Cahul
Criuleni
Ialoveni
Ocniţa
Dondușeni
Rîșcani
Glodeni
Sîngerei
Telenești
Hîncești
Ștefan VodăLeova
Cantemir
Taraclia
Vulcanesti
Cimișlia
VET x4
VET x2
VETVET
VET x2
x3VET
VET x26x19x12
x2VET x6x5
VET x3
VET x2 x2
VET
VET
VET
VET
VET
VET
VET
VET
VET
VET
VET
VET
CHISINAU
COMRAT
BĂLȚI
LEGEND
VETSecondary Vocational Institutions(vocational schools)
Post secondary Vocational Institutions(colleges)
Higher Education Institutions(universities)
83.4 8.8 Anenii Noi
28.5 12.5 Basarabeasca
72.9 9.9 Briceni
124.6 39.6 Cahul
62.0 5.8 Cantemir
77.8 16.4 Calarasi
90.5 19.9 Causeni
60.1 14.3 Cimislia
42.9 8.5 Donduseni
87.4 10.4 Drochia
35.3 20.5 Dubasari
80.7 18.4 Edinet
91.5 16.9 Falesti
87.6 15.5 Floresti
59.6 11.3 Glodeni
120.2 17.3 Hincesti
101.3 16.4 Ialoveni
52.8 10.8 Leova
65.6 14.4 Nisporeni
54.0 9.4 Ocnita
125.0 33.7 Orhei
50.8 12.8 Rezina67.9 13.3 Riscani
92.2 14.8 Singerei
100.1 37.6 Soroca
92.3 20.7 Straseni
41.9 7.5 Soldanesti
70.4 8.5 Stefan Voda
43.6 14.9 Taraclia
72.6 8.1 Telenesti
117.3 38.4 Ungheni
Population
Population of the region
Population of region capital city
3553.1
814.1681.1
150.7145.8
Republic of Moldova,total
Chisinau municipality,
Balti municipality,
Chisinau city
Balti city
Population of UTA Gagauzia
161.9
26.2
22.9
16.7
UTA Gagauzia
Comrat municipality,
Ciadir - Lunga
Vulcanesti
Population of Moldova in 2016, thousand people
Educational institutions
8
3
First cycle Lycentiate(Bachelor)3-4 years
5
*****
One year compalsory pre-schooltrainig
Kindergarden
Gymnasium
Second cycle Master
Doctorate3-4 years
1-2 years
5 yearsV- IX
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
2425
Age
26
27
Trade School1 year
3
1
2
Lyceum3 years
X - XII
3
0
General SecondarySchool2 years
3Professional
school2 years
3College
2-5 years
4
5
6
Primary school4 years
I - IV
*****
*****
*****
*****
*****
Post-doctorate*****
***** ***** *****
i ISCED level Bacalaureat exam.
Exit to labour marketCompetition based enrolment
Hig
her
Ed
ucat
ion
Co
mp
ulso
ry E
duc
atio
n
Education system in the Republic of Moldova
9
84€
148€
85€
154€
84€
132€
Moldova Romania
87€
177€
83€
199€
96€
276€
2011 20122010 2013 2014 20162015
95€
215€
Operating costs and taxesMoldova commends a highly-skilled, competi-tively-priced workforce. Labor costs are among the lowest in the region and low enough to en-sure cost-effective operations. This provides an attractive basis for a successful business.
The gross wages in Moldova for workers in the industry sector range from 180 EUR to 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 stu-dent of engineering could earn up to 600 EUR.
Moldova’s labor force combines low-cost with high productivity, thus reflecting the key factor
for a strong business performance. The quality of the labor force also derives from the industri-al experience and history of Moldova, as it was one of the most industrialized republics in former Soviet times.
Minute production costs
0.24€Bulgaria
0.145€PR of China
0.07€Moldova
0.27€Romania
0.30€Serbia
0.38€Turkey
Corporate Income Tax
15%
Serbia Romania
16%
Moldova
12%
Poland
19%
Evolution of the minimum wage in the Republic of Moldova and Romania
Source: PWC, Worldwide Tax Summaries 2016
Source: National Bureau of Statistics Moldova, Romania.
Evolution of average gross salary in the economy
195€
2011
223€
2012
225€
2013 2015
220€
2016
235€
2014
224€
Source: National Bureau of Statistics
Source: Invest in Moldova
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 maintaining a clear growth trend.
10
220€Moldova
368€Serbia
386€Albania
451€Bulgaria
506€Russia
521€Macedonia
576€Romania
750€Croatia
801€Hungary
921€Poland
1,025€Slovakia959€
Czech Republic
658€Bosnia andHerzegovina
175€Ukraine
Net Salary
182.20 50.75
Personal Income Tax (PIT) (7%,18%)
15.27
281.31
Employee Social Security Tax (6%)
13.24
Employee Health Insurance Tax (4.5%)
9.93
Employer HealthInsurance tax (4.5%)
9.93
Social Fund (23%)
Gross Salary
220.64
Total Labor Cost,
7% if the gross annual salary is less than 29,640 MDL - 8,27 euro18% if the gross annual salary is more than 29,640 MDL - 6,99 euro
Source: Trading economics, wages
Source: Invest in Moldova
Structure of the average salary in Moldova, 2016 (EUR)*
Average monthly wages in comparison in 2015
* There are locations with different salaries. The gross salary of 281 EUR (fully loaded or company cost) is an country average for all types of jobs.
Utility costs
The utility costs are lower than in the region:
Electricity Water Sewerage Gas
0.10EUR/kWh
0.726EUR/m3
0.586EUR/m3
0.34EUR/m3
Electricity, water and sewerage is subject of change, depending on the region.
Rental prices for industrial spaces:
Moldova Romania Serbia
2-4 EUR / m2
3.5-4.5 EUR / m2
4-5 EUR / m2
In Free Economic Zones the rental price for pro-duction halls is even lower, accounting for 0.8 to 2 EUR per square meter.
11
Favorable location
The outstanding location of Moldova and good transportation infrastructure provides easy access to both CIS and European Countries. The excellent location enables just-in-sequence and just-in-time delivery of goods. Considering Germany, it takes 2 days for truck deliveries.
The longest Pan-European Corridor is passing through Moldova. Railway and road corridor IX from Helsinki (Finland), St. Petersburg (Russian Feder-ation), Gomel (Belarus), Kiev (Ukraine), Chişinău (Moldova), Bucharest (Romania), Dimitrovgrad (Bulgaria), and Alexandroupoli (Greece) — crosses the country from North to South, linking it to key trade partners.
Country City Supplier Distance, kmNo. of
borders
RomaniaPitesti Dacia-Renault 560 1
Craiova Ford 710 1
PolandBielsko Biala Fiat 999 1
Gliwice GM/Opel 1,029 1
HungaryGyor Audi 1,077 1
Esztergom Suzuki 1,000 1
Slovakia
Trnava PSA 1,126 1
Bratislava VW 1,170 1
Zilina Hyndai/KIA 1,100 1
Austria Graz MagnaSteyr 1,350 1
Bosnia & Herzegovina
Sarajevo Skoda 1,288 3
Czech RepublicMlada Boleslav VW 1,440 1
Kolin PSA/Toyota 1,450 1
Slovenia Novo Mesto Renault 1475 1
Russia
Taganrog Hyundai, GM 950 2
KalugaVW, PSA,
Mitsubishi, Skoda1,290 2
Sankt PetersburgGeneral Motors, Toyota, Nissan, Hyundai, Ford
1,690 2
Nijnii Novgorod Skoda 1,790 2
Toliatti Renault 1,990 2
A strategic location in close proximity to OEMs, Tier 1 and Tier 2 suppliers, enabling just-in-sequence and just-in-time delivery.
Germany
Moldova2 days
China (TranSib)
23 daysChina (Ship)35 days
Giurgiulesti International Free Port (GIFP)
Moldova is also linked to Corridor VII (Danube from Passau-Germany to the Black Sea) through the GIFP, situated at km 133.8 of the River Dan-ube, direct sea/river-borne transshipment and distribution point to and from the Republic of Moldova. A regional logistics hub on the border of the EU with access to road, rail, river, and sea. GIFP offers container, bulk, oil terminals, and for-warding services.
Transportation Time
12
Competitive products
Moldova provides excellent opportunities in Tier 2 and Tier 3 supplier production in the Au-
tomotive Industry.
The combination of the knowledge pool, labor cost advantages, favorable tax and social se-curity regimes, and close trade relations makes production competitive for products like:
Automotive Supply Chain structure:
3rd Tier(Part-/Raw material Supplier)
2nd Tier(Component Supplier)
1st Tier(System
Modul Supplier)
MOLDOVA
Product DescriptionAlready produced in
Moldovan Automotive Industry
Already produced in Moldovan General
Industry
Seat covers, car covers, airbags, textile parts x x
Textile tapes, safety belts x
Cables and wires x x
Wire harnesses x
PU Foam x
Plastic molding injection x
Carpets / Rugs x
Laminations (leather / cloth) x
Foundry x
Metal parts lathe x x
Electronics, SMT x x
13
Danube
Sulina Branch
Sf. Gheorghe Branch
Kilia B
ranch
Prut
Prut
NistruNistru
Mohyliv-Podolikyi
Odessa
Izmail
Bolgrad
Galati
Iasi
Braila
Focsani
Buzau
Kilia
SulinaTulcea
Belgorod Dnestrovsk
Dnestrovsky Liman
Razim
lake
Co
nsta
nta
Ista
mb
ul
BLACKSEA
BĂLŢI
Căușeni
Cahul
GlodeniCostești
Sîngerei
Leova
Cantemir
Edineţ
Briceni
Drochia
Soroca
Florești
Șoldănești
Fălești
UngheniCălărași
Strășeni
Orhei
Nisporeni
Anenii Noi
COMRAT
Vulcănești
Rezina
CHIȘINĂU
Criuleni
Ialoveni
Ocniţa
Dondușeni
Rîșcani
Telenești
Hîncești
Ștefan Vodă
Basarabeasca
Ceadîr-Lunga
Tvardita
Taraclia
Otaci
Cimișlia
UKRAINE
ROMANIA
LEGENDShoes
Carpet
Garment & Knit wear
Furniture
Seat covers
Textile tapes
Rubber & Plastic injection
Steel casting
Pumps
Construction material
Electronics
Glass manufacturing
Cardboard manufacturing
Metal processing
Gravel & stone extraction
Energetics
Wires and harnesses
Ceramic tiles
Alcohol & bioethanol
Railway
Cannery
Sugar
Water bottling
Food products
Winery
Chocolate
Bakery
Cigarette and tobacco
Dairy products
Meat processing
Beer
Brandy production
Pharmaceuticals
SUCCESS STORIES &INDUSTRIAL COMPETENCES
Regions were the biggest employers from the automotive sector are located
14
Free Economic ZonesThe Free Economic Zones (FEZs) represent ex-cellent platforms for businesses that are conven-ient to export-oriented manufacturing compa-nies, which intend to benefit from a preferential customs and tax regime. There are 7 FEZs in Moldova, spread around throughout the country and located either near a border, or in big cit-ies. This FEZs offer preferential conditions and a dedicated customer-oriented administration. Activities in the FEZs are limited to industrial production, packaging, trade, transportation, logistics and utilities, with priority given to man-ufacturing. Moreover, Giurgiulesti International Free Port and Marculesti Free Airport offer quite similar conditions to the FEZs.
Free Economic Zones Incentives
• FEZs are connected to all important trans-port routes and have access to all regions through the National and International roads;
• Customs Office available on site: operating 7days/week; if necessary 24h/day;
• Exemption from customs duties and excise duties on goods imported into the FEZs and subsequently exported;
• VAT for equipment and machinery: 0% VAT
• Corporate Income Tax (CIT) rate stands at 0%*, 6% (3% in free port);
• Customs Duties exemption;
• Customs procedures tax: 0.1% (from Cus-toms value of goods)/ outside FEZs 0.4%;
• 10 - years state guarantee for protection against adverse changes in legislation (15 years in Free Port);
• Free connection to utilites in FEZ and Indus-trial Parks;
• EUR / USD payments among FEZ residents;
• Exemption from Corporate Income Tax for a period of 3 years, when investing 1 million USD in fix assets of the company and/ or in FEZ infrastructure development (for 5 years, when investing 5 million USD).
• Minimal state inspection and control regime;
Industrial ParksIndustrial parks (IPs) are delimited territories in which industrial production, services provision, applied scientific research and/or technological development are carried out under some prefer-ences. There are 8 Industrial Parks in Moldova: IP Tracom (Chisinau), IP Bioenergagro (Drochia), IP Cimislia (Cimislia), IP Raut (Balti), IP CAAN (Straseni), IP Edinet (Edinet), IP Triveneta Cavi Development (Straseni), IP Comrat (Comrat). In-dustrial Parks can potentially become the center for investment attraction and the place for differ-ent industrial and IT projects. Firms are given le-gal and consulting support in obtaining licenses, permits and approvals. Consulting services also include project development, personnel recruit-ment, knowledge management, marketing, etc.
Incentives for Industrial Parks:
• Free re-zoning of agricultural into industrial land;
• Normative (below market) prices for the pur-chased land;
• Reduced rental price for state land;
• Free connection to existing infrastructure in the park;
• Minimal state inspection and control regime.
15
Danube
Sulina Branch
Sf. Gheorghe Branch
Kilia B
ranch
UKRAINE
FREE ECONOMIC ZONES& INDUSTRIAL PARKS
ROMANIA
Prut
Prut
Nistru
Nistru
Edinet
Cupcini
Donduseni
Drochia
Soroca
Floresti
Rișcani
GlodeniBALŢI
Falesti
Singerei
Soldanesti
Ribnita
Telenesti
Ungheni
Calarasi
Straseni
Orhei
Nisporeni
Hincesti
Causeni
Stefan Voda
TIRASPOLAnenii Noi
Leova
Cantemir COMRAT
Basarabeasca
Ceadir-Lunga
Tvardita
Taraclia
Giurgiulesti
Slobozia
Grigoriopol
Dubasari
Otaci
Rezina
CHIȘINAU
Cahul
Criuleni
Cimișlia
Ialoveni
Briceni
Ocnita
Mohyliv-Podolikyi
Izmail
Bolgrad
Iasi
Timisoara, RO - 697kmCraiova, RO - 481kmPitesti, RO - 370kmBucharest, RO - 255kmConstanta, RO - 215kmGalati, RO - 10kmMD: GiurgiulestiRO: Galati
Arad, RO - 654kmCraiova, RO - 641kmPitesti, RO - 531kmBucharest, RO - 407kmMD: LeuseniRO: Albita
MD: GiurgiuleștiUA: Reni
MD: MirnoeUA: Tabachi
MD: Ceadir- LungaUA: Novie Troiani
MD: BasarabeascaUA: Serpniovoe 1 MD: Tudora
UA: Starokazacie
Odessa, UA - 77kmMD: PalancaUA: Udobnoe
MD: VulcanestiUA: Vinogradovca
Iasi, RO - 24kmMD: SculeniRO: Sculeni
Baia Mare, RO - 443kmSuceava, RO - 97kmBototsani, RO - 55kmMD: CostestiRO: Stinca
MD: UnguriUA: Bronnita
Kaluga, RU - 1063kmKiev, UA - 385kmVinnytsa, UA - 120kmMohyliv-Podolskyi, UA - 0.5kmMD: OtaciUA: Mogiliov-Podolisc
MD: BriceniUA: Rososeni
Tychy, PL - 771kmKatowice, PL - 768kmLviv, UA - 341kmIvano-Frankovsk, UA - 215kmChernivtsi, UA - 105kmMD: CrivaUA: Mamaliga
M14
M14
M14
M3
M2
M2
M4
M4
M4
M4
M4
M21
22E
24
24C
24D
H10
P63
M05
M05
M13
M05
M05
H03
M14
M14
Buzau
Kilia
SulinaTulcea
Dnestrovsky Liman
Razim lake
Co
nsta
nta
Ista
mb
ul
BLACKSEA
FEZ
FEZ Subzone
Industrial Park
Border pass
Airport
Sea / river port
Route numberi
LEGEND
FEZ Otaci Business FEZ Marculesti Hub Airport (Floresti)FEZ Balti • FEZ Balti/ Subzone Straseni • FEZ Balti/ Subzone Causeni • FEZ Balti/ Subzone Orhei • FEZ Balti/ Subzone Cahul FEZ Ungheni Business FEZ Expo Business Chisinau FEZ Tvardita FEZ Taraclia FEZ Valcanes (Vulcanesti)FEZ Giurgiulesti Free International Port
FEZ location name
Main distancesin km and hours (h)
ChișinăuBalti136 km
Straseni25 km
Soroca156 km
5 h
2.5 h2.5 h
2 h1 h
2 h4 h
5.5 h
Briceni240 km
Causeni70 km
Comrat105 km
Cahul170 km
Giurgiulesti225 km
15
16
STRATEGY
PROJECT MANAGEMENT ASSISTANCE AND PROVIDING INFORMATION
LOCATION CONSULTING / SCOPING MISSION SUPPORT
AFTERCARE / POSTINVESTMENT SUPPORT SERVICES
DECISION & INVESTMENTEVALUATION
Identification of sector-specific investors
General data and statistics for investor feasability study support
Sector-specific details & information of legislation
Relevant site presentation and preselection
Joint project management assistance together with FEZs & IPs administration
Coordination andsupport of negotiationswith localauthorities
Identification of project-specific locations
Identification of sourcing opportunities
Information on suitable locations
Site visitorganization
Arranging meetings with public authorities, relevant private sector representatives
Final site decision support
Identification of and general information on relevant tax, legal and adminis-trative issues
Connecting with relevant recruitment, legal, tax and other consulting companies
Facilitation and communication with public local and central authorities, as well as relevant private sector representatives
Advice on administrative and legal issues
Supporting investors and associations in their efforts to improve the business climate
Invest in Moldova helps youWe will assist you in setting up your operations in Mol-dova. We support your project management activities from the earliest stages of your expansion strategy. We provide you with the industry information you need. This includes facts about the industrial competenc-es throughout Moldova’s regions, as well as available sourcing and supply companies.
Foreign companies profit from our rich experience in identifying the business locations which best meet their specific investment criteria. We help turn your re-quirements into concrete investment site proposals; providing consulting services to ensure you make the right location decision. We coordinate site visits, meet-ings with potential partners, relevant existing investors, universities, colleges, vocational schools and other in-
stitutes active in the industry, as well as meetings with relevant embassies, business associations, govern-ment officials and other authorities.
Our team of consultants is at hand to provide you with the relevant background information on Moldova’s tax and legal system, industry regulations, and the domes-tic labor market. Invest in Moldova experts help you create the appropriate financial package for your in-vestment and put you in contact with suitable financial partners. Our specialists provide you with detailed in-formation about available incentives, support you with the application process, and arrange contacts with lo-cal developers.
All of our investor-related services are treated with the utmost confidentiality and are provided free of charge.
GUAMCEFTA
CISEU
ESP
FRA
GBR DEU
ITA
TUR
ROMHUNAUS
CZE
BGR
LTU
LVA
EST
GRC
POL
SWEFIN
NOR
BLR
RUS
KAZ
UZB
UKR
“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.”
Franco Fuccini, Head of Moldova Operations of Kab-Lem Group email: [email protected]
Andrea Bobbo, Sales R&D Manager
“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 author-
ities. 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
“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 SEIgor Corman,
Administrator of SE Bordnetze SRL
“Moldova has a competitive country profile, providing good opportunities for busi-
ness development. These are multiplied by the willingness of Authorities and such
Intuitions 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.”
Angela Piliughin
Business Expansion Director Fujikura Automotive Europe
& Administrator of Fujikura Automotive MLD
“We started our business in Moldova in 2007 and since then have continuously
expanded operations. Moldova proved to have great potential for the development
of our project within the Free Economic Zone in “Balti”, with excellent support by
local and central authorities.”
Guido Meinelt Plant Manager at DRA Draexlmaier Automotive SRL
“Ungheni and its free economic zone, where Lear 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.”
Sven DAMM, VP of Trim Operations for Europe & Africa
Our team consists of perma-nent investment attraction staff, sectorial consultants, as well as regional officers. Com-bining our experience, we are able to provide you with infor-mation relevant for your deci-sion making, as well as links to businesses and government.
Craiova
Bursa
Sarajevo
Pitesti
Timisoara
Oradea
Mlada Boleslav
Kolin Lviv
Kiev
Balti
Chisinau
500km
1000km
1500km
2000km
ZaporojeEsztergom
Turin
Munchen
Valls
Pamplona
SindelfingenParis
Genk
Bratislava
GyorGraz
Novo Mesto
Pecs
Katowice
Minsk
Wolfsburg
Leipzig
BremenPoznan
Glewice
Kaluga
Nijnii Novgorod
Tolyatti
Sankt Petersburg
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MD
The Moldovan Investment and Export Promotion Organization (MIEPO) is the prime source of information and assistance for potential investors.
We provide tailored servic-es for potential investors throughout the investment de-cision process. We also sup-port existing investors in ex-tending their operations.
Contact us:65 Alexei Mateevici str., Chişinău,Republica Moldova, MD-2009Tel:+373 22 27 36 54Fax: +373 22 22 43 10www.invest.gov.md, [email protected]© MIEPO 2016
“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.”
Gregorio Isgrò Administrator at CONFEZIONI ANDREA MDV S.R.L.
