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  About Moldova
 
full imageThe Republic of Moldova occupies an area between Romania and Ukraine and is sits adjacent to the rivers Prut and Nistru. The country covers 33,700 squares km. It is one of the smallest countries in Europe with a population of only 4.5million, however, when size and numbers are calculated it gives rise to a fairly high population density.

Moldova is a multi-national state, the population is made up of: Moldovans- 64%, Ukranians-14%, Russians-13%, and other nationalities (Gaga Uzi, Jews, Bulgarians, Greeks, Turks).

The most positive reforms over the last few years have lead to a bi-sectorial economy, the private sector provides about 50% of the GDP (Gross Domestic Product); appearance of competition; liberalization of prices, creation of the main structures for market functioning (commercial banks, stock exchange, funds/trusts of privatization and investment; audit, leasing, consulting firms, free economic zones etc.). All these show that the Republic of Moldova is oriented irreversibly towards a vibrant market economy.

The needs of the people from Moldova are rapidly driving its economic potential, forming in time a solid base for international exchanges and for integration in the economic and social European structures.

The potential includes qualified workers for a modern economy, prepared to support and assist in the development of all branches of the economy, and in time establishing a more efficient exploitation of the countries resources.

General Information for Travelers to Moldova:

  • Visa :
    - The Business traveler can purchase a visa at the airport $60 for 30days or open a Visa at nearest Moldovan Embassy. Click here to see the Moldavian Embassies..

  • For travelers it would be useful to know that such cards like Visa, Mastercard are starting to be accepted in shops, filling stations, restaurants etc. There is another network of local cards - Moldcard, but this is new and not used a great deal yet.

  • Most of the ATMs are located in the downtown near the banks, post offices, office buildings etc.

  • Travelers checks aren't accepted as a means of payment, but they can be easily cashed in local banks, the commission varies between 1-4%. Victoria bank (Chisinau, 141, 31 August 1989 street) works only with American Express and has a commission of 1.5%.
 News
 [17/02]
The first multidisciplinary private hospital opens in Chisinau
 [17/02]
Excise taxes for tobacco goods and strong drinks will grow 50% in Moldova starting from April 1, 2011
 [17/02]
The IMF is ready to allocate the next, third, loan disbursement of about USD 77 million under the ECF/EFF program in April this year
 [17/02]
US vice-president Joseph Biden to visit Moldova next month
 [17/02]
The national energy regulatory agencys 2011-budget will amount to 18,917 thousand leis with incomes and spending, and will grow 15.4% from 2010
 [08/02]
Currency exchange rates>>>

 
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