Doing Business in Moldova

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Syllabus of the Subject - Doing Business in Moldova. Chisinau.

  1. Introduction to the Republic of Moldova
  2. Moldovan Economy
  3. Doing Business in Chisinau
  4. Moldovan Foreign Trade
  5. EU relations with Moldova
  6. Foreign Direct Investment in Moldova
  7. Access to the Moldovan Market
  8. Business Plan for Moldova

The objectives of the subject “Doing Business in Moldova” are the following:

  1. To analyse the Moldovan Economy and Foreign Trade
  2. To evaluate the business opportunities in the Moldovan Market
  3. To analyse the trade relations of Moldova with the country of the student
  4. To know Moldova Free Trade Agreements
  5. To develop a business plan for the Moldovan Market
The Subject (e-learning) “Foreign Trade and Business in Moldova” is part of the following Higher Education Programs (Degrees, Masters, Doctorates) taught by EENI (Business School) and the Hispano-African University of International Business:
  1. Course: Countries of the EFTA
  2. Doctorate: Europe
  3. Professional Master's Programs (e-learning): International Business, Foreign Trade, Europe

Moldova Recommendations for the Moldovan students

Course learning materials in Higher Education in English + Tertiary Education in Spanish Moldavia Post-secondary Education in French Moldavie Study in Portuguese Moldávia.

  1. Credits of the subject “Doing Business in Moldova”: 1 ECTS
  2. Duration: one week

Description of the Subject (Online Learning): Doing Business in Moldova

European Union-Moldova Association Agreement

The Republic of Moldova (Europe)

  1. Capital: Chisinau
  2. Moldovan Official Language: Romanian
  3. Area: 33,851 square kilometres
  4. Moldovan Population: 3.6 million people
  5. Type of Government: Parliamentary Republic
  6. Borders of Moldova: Romania and Ukraine
  7. Moldova is a landlocked country
  8. Independence: 1991 (Soviet Union)

Religion in Moldova: Orthodoxy (Romanian Orthodox Church) (Christianity)

Moldova belongs to the Economic Area of the Orthodox Civilisation

Economy of Moldova.

  1. The Republic of Moldova is one of the poorest countries in Europe with capita incomes similar to those of Nicaragua or Ghana
  2. Moldovan GDP (nominal): 14,820 million dollars
  3. GDP per capita: 4,177 dollars
  4. Currency: Moldovan Leu
  5. Main Moldovan products: wine, sugar, agricultural machinery, refrigerators, textiles, building materials
  6. About 50% of Moldovans are engaged in agriculture (potatoes, cereals, sunflowers, vegetables, tobacco, wine, beer)
  7. The Moldovan wine sector is growing considerably
  8. Moldova has applied for membership to the European Union
  9. According to the Index of Economic Freedom, Moldova occupies the 110th place in the world

Moldovan Foreign Trade

  1. Main Moldovan Exports: foods, textiles, machinery
  2. Top Export Markets of Moldova: Russia (26%), Romania, Italy and Ukraine
  3. Main Moldovan Imports: mineral products and fuels, machinery and equipment, chemical products, textiles
  4. Main suppliers of Moldova: Russia (14%), Romania, Ukraine and China

International Economic Relations of Moldova

  1. Central European Free Trade Agreement (CEFTA)
  2. Commonwealth of Independent States (CIS)
  3. Regional Organisation for Democracy and Economic Development (GUAM)
  4. Moldova-Azerbaijan Free Trade Agreement
  5. Moldova-Armenia Free Trade Agreement
  6. Moldova-Georgia Free Trade Agreement
  7. Moldova-Turkey Free Trade Agreement
  8. Moldova-China Free Trade Agreement
  9. Moldova-Kyrgyz Republic Free Trade Agreement
  10. Organisation of the Black Sea Economic Cooperation
  11. Central European Initiative (CEI)
  12. European Union
    1. European Union-Moldova Association Agreement
    2. European Neighbourhood Policy (EU)
    3. EU Eastern Partnership
    4. Black Sea Synergy
  13. United Nations
  14. Regional Cooperation Council
  15. World Bank
  16. World Trade Organisation
  17. Economic Commission for Europe (UNECE)
  18. International Monetary Fund (IMF)
  19. Organisation for Security and Cooperation in Europe (OSCE)

Moldova is an observer country in the Eurasian Economic Community (EurAsEC)

Examples of the subject - Foreign Trade and Business in Moldova:
Central European Free Trade Agreement (CEFTA)

European Union Eastern Partnership

Commonwealth of Independent States (CIS)

Black Sea Synergy

Central European Initiative (CEI)

Black Sea Economic Cooperation (BSEC)

Regional Organisation Economic Development (GUAM)



(c) EENI- Business School & Hispano-African University of International Business