Moldova’s state aid scheme signals a more compelling proposition for strategic capital

In January 2025, the Government of the Republic of Moldova introduced a new regional state aid scheme designed to stimulate strategic industrial investments and accelerate the modernisation of the national economy. The mechanism forms part of the National Industrialization Plan 2024–2028, adopted in April 2024, which sets out the country’s long-term vision for strengthening industrial capacity and attracting fresh investment into key sectors with high growth potential.

Strategic sectors eligible for support

The scheme identifies six priority sectors that qualify for state aid:

• construction materials,
• electronics,
• chemical and pharmaceutical production,
• automotive components,
• textiles and apparel,
• agrifood.

The inclusion of construction materials as a dedicated priority reflects the sector’s importance in both domestic development and its potential to integrate into regional supply chains. Activities eligible under this sector include the production of thermal insulation systems, adhesives, cement, bricks, and other building materials.

Financial support and incentive structure

The support intensity ranges from 50% to 75% of eligible investment costs, depending on company size.

• Large enterprises may receive up to 60% of their investment value.
• Small and medium enterprises may benefit from support of up to 75%.

The minimum eligible investment threshold is 10,000,000 MDL (approximately €500,000).

State aid is provided through two components:

• 25% as a direct grant, ensuring immediate investment liquidity,
• 75% through income tax exemption, offering long-term fiscal relief.

The income tax exemption rate is differentiated by region, with higher rates available in the southern and northern regions and lower rates applied in central areas. This territorial approach is designed to encourage investment in less developed regions and promote balanced economic growth across Moldova.

​Programme budget and allocation rules

The total estimated budget of the scheme is 4 billion MDL, equivalent to approximately 200 million EUR.
A single project cannot receive more than 20% of the scheme’s total budget.

Eligibility criteria and application process

Projects must constitute initial investments, including:

• creation of new companies,
• expansion of existing facilities,
• modernization of production,
• diversification of manufacturing activities.

Eligible expenditures include equipment procurement, construction works, and acquisition of licenses or copyrights. Beneficiary companies must contribute at least 25% of eligible costs from their own resources.

Applications are submitted to the Ministry of Economic Development and Digitalization, which oversees the evaluation and distribution of state aid.

Companies benefiting from the scheme

Since the launch of the Regional State Aid Scheme for strategic industrial investments in January 2025, six enterprises have signed agreements to benefit from the mechanism as of October 2025.

Imcomvil Group Ltd.

A snack production company that secured 30.2 million MDL in state support (50% of eligible investment costs) for a 60 million MDL investment project focused on acquiring modern equipment and establishing a new production line. The project is expected to create at least 60 new jobs.

ELECTROTEHNICA

A historic manufacturing facility in Bălți, founded in 1962 and acquired by Moldretail Group in 2025, is undergoing transformation into a modern food production center. With a total investment value of 293 million MDL and state support of 173.8 million MDL, the project will create at least 319 new jobs and strengthen domestic food security through the use of local agricultural raw materials.

Gido Park

The company received a state aid agreement for investments exceeding 72 million MDL to develop a new production facility in Ratuș village, Criuleni district. The project aims to create 40 new jobs.

With a substantial financial framework, well-defined sectoral priorities, and a clear regional development logic, Moldova’s new state aid scheme positions the country as a competitive destination for industrial investment. By supporting both modernization and new production capacity, the scheme plays a central role in advancing Moldova’s industrial transformation and strengthening its role within European and regional value chains.

Contact details for investors:
Invest Moldova Agency – Eugen Doga Str. 2, Chişinău, MD-2005
+373 22 27 36 54 | [email protected]
www.invest.gov.md