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
 [23/07]
EBRD to support electronic communications in Moldova
 [23/07]
Special Italian agency to focus on investments for Moldova
 [23/07]
In January-June 2010, compared to the same period of 2009, Moldova increased production of wine by 23%
 [23/07]
ANRCETI demanded from mobile communication providers to ensure the radio signal coverage on shadowed areas on national roads by I quarter of 2011
 [23/07]
In January-June 2010, volume of industrial production in Moldova increased by 6,6%
 [30/07]
Currency exchange rates>>>

 
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