Automotive

Main reasons to choose Moldova

Proximity
Easy access to major markets and to OEMs and Tier 1&2 suppliers. Moldova’s exports are largely liberalized to both the European Union and the Commonwealth of Independent States.

Labor Force
Skilled & multilingual workforce (e.g. Romanian/ Russian, Turkish, Ukrainian, Bulgarian, English, French, German, Italian, etc.) Lowest labor and production costs in the region (Gross cca 250 EUR/ month)

An investment friendly environment
The regular corporate tax rate is only 12% and 20% VAT is reimbursed for exports. Our Free Economic Zones offer further incentives including a lower rate of corporate tax of 6%, 3% and 0%.

Large Potential
Investors can tap an extensive industrial tradition covering numerous manufacturing sectors. e.g. Electronics, Assembly of Electronic devices, Metal Processing, Machine Building, etc.

In Moldova, automotive component suppliers can increase their cost-effectiveness

With many significant investors already producing in or sourcing from our country, there are a range of opportunities for companies who are seeking new production opportunities and investments. Automotive Suppliers form a vibrant and growing sector in Moldova’s economy. Several large, medium and small automotive suppliers produce here, profit from low-cost opportunities, and many already extended their operations in Moldova. Lear Corporation, DRA Draexlmaier Automotive, Gebauer & Griller run their own plants in Moldova. Many other companies use the opportunities offered by local sub-contractors.

Goods that can be produced competitively in Moldova

Cable assembliesand wiring harnesses

Car seat covers, trim

Electronic componentsand systems

Rubber components

Injection / molded parts

Fastening systems (safety belts)

Foams / Felts

Carpets / Rugs
Republic of Moldova
Population
3.5 million people
GDP per capita at PPP
4,149 EUR
Inflation
5.1%
Doing Business 2015 Rank
63 (change ↑19)
Free Economic Zones
7
Free Port
1
Free Airport
1
Corporate Tax
12%, 6% in Free Economic Zones, 3% in Free Port
Labour cost (gross salary)
averaging 220 EUR/month
Full Load Labour Cost
cca 1,85 EUR/hour
Employment rate in Moldova
39.6%

Distance Proximity

The Moldovan Investment and Export Promotion Organization (MIEPO)

Is the prime source of information and assistance for potential investors. 
We provide tailored services for potential investors throughout the investment decision process. We also support existing investors in extending their operations.
Our team consists of permanent investment attraction staff, sectorial consultants, as well as regional officers.
Combining our experience, we are able to provide you with information relevant for your decision making, as well as links to businesses and government.