Press releases

The Organisation for the Development of Small and Medium-sized Enterprises (ODIMM) and the German Agency for International Cooperation (GIZ) through the project ‘Advice to the Government of the Republic of Moldova in Economic Policies’ (MEPA) aim to develop a partnership to support and promote domestic entrepreneurs by creating and promoting connections between industrial SMEs and their integration into international investor and distributor chains.

The priority areas of interaction between the two entities were stipulated in a Memorandum of Cooperation, signed on Wednesday 26 February by the Director General of ODIMM, Iulia Costin and the manager of the project “Advice of the Government of the Republic of Moldova in economic policies”, Thomas Förch.

“The signing of this Memorandum is a good start for establishing partnerships between Moldovan business support institutions and international organisations to substitute imports and increase the industrial capacities of SMEs to act as suppliers of GVCs,” said Iulia Costin.

The representative of GIZ, Thomas Förch, reiterated his support for the implementation of domestic economic reforms. He also gave assurances on supporting efforts to increase competitiveness and foster the sustainability of the economic environment in the Republic of Moldova, both at national and international level.

The objectives of the Memorandum include the implementation of a national programme to facilitate connections between SMEs and international companies present in the Republic of Moldova, the promotion of a competitive environment for sustainable development and the integration of Direct Foreign Investments (FDI) into the local economy.

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