Country Guides
Moldova
Business

Business

Moldova

GDP: US$2.6 billion (2006).
Main exports: Food, textiles and machinery.
Main imports: Mineral products and fuel, machinery and equipment, chemicals, and textiles.
Main trade partners: Russia, Romania, Ukraine, Germany and Italy.

Economy

Moldova remains one of the poorest countries in Europe. It has a temperate climate and good farmland but has no major mineral deposits and must import almost all of its energy supplies. As a result, the economy depends heavily on agriculture, particularly fruits, vegetables, wine and tobacco.

GDP grew by 6% or more every year between 2000-05, though this was based largely on consumption fed by money received from Moldovans working outside of the country - about 25% of working-age Moldovans are employed abroad. The country had an unemployment rate of 7.3% in 2005.

The illegal separatist regime in the Transistria region also continues to drag on the Moldovan economy.

Business Etiquette

Formal business etiquette applies to Moldovan business meetings, and smart attire is required.

Office hours: Mon-Fri 0800-1700.

Business Contacts

Chamber of Commerce and Industry of the Republic of Moldova
151 Stefan cel Mare Str, Chisinau, MD 2012, Moldova
Tel: (22) 221 552.
Website: www.chamber.md

Travel Essentials

Attractions Clock Events Features Hot Destinations News Special Features Weather Bitesized Guides

Travel Partners

Expedia Click Here Expedia Travel

Book cheap flights, travel, hotels and package holidays.

Rail Europe Get away this winter

Take the train to 100s of European destinations Travel from £79 return.

Turkey Hotels Travel Offers

Browse the latest travel offers here from World Travel Guide.

Avis Click Here Arrive ready to ski

Drive yourself to your holiday ski destination thanks to Avis offers.

Voyages Jules Verne Click Here VOYAGES JULES VERNE

Inspirational journeys Worldwide, rich in history & natural beauty

Quick links