IT INVESTMENT GUIDE

FOR MOLDOVA

A comprehensive guide to Europe’s next tech powerhouse

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A major new study offers a complete guide to navigating Moldova’s IT sector, and the advantages offered by its unique IT park — a key feature in the country’s development as a booming IT hub.

20

In-depth interviews with IT leaders across the globe.

218

MITP residents responded to our Confidence Survey.

975

C-level executives from seven markets took part in our Perception Survey.

WHY MOLDOVA

EUROPEAN PIONEER

Moldova operates Europe’s first e-park with over 1,700 residents and offers a simplified taxation model where one tax of 7% replaces all other taxes and social contributions, a virtual operating regime, and simplified interaction with public authorities. 

ICT INDUSTRY

The ICT sector's share in the country's GDP now tops 5%, surpassing the wine industry, which until recent years was the leading sector in the country's economy. 

EXPORT GROWTH

Moldova in 2022 had the highest ICT services growth rates among neighbouring countries and regional competitors (Ukraine, Belarus, Romania, Estonia, Latvia and Lithuania).

TALENT POOL

4.4% of Moldovan employees are working in the ICT sector, the second highest percentage in any country in emerging Europe, after Estonia.

EU INTEGRATION

Moldova is an EU candidate country and has been part of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU since 2014.

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INTERNET SPEED

The average internet speed in Moldova is higher than in some more developed countries (such as Germany, Switzerland or Estonia), according to the 2023 Worldwide Broadband Speed League.

E-GOVERNMENT

Moldova is included in the ‘high’ E-Government Development category for its implementation of digital public services, according to the UN E-Government Development Index.  

"What awaits you in Moldova is a booming IT sector which stands as a testament to the success of Europe's first e-Park. The extension of this initiative until 2035 underscores our commitment to attracting investments.

 

With streamlined services, an open labour market and valuable talent we want to make sure we've got the right people with the right skills, and to make sure tech's a win for everyone."


Dumitru Alaiba

Deputy Prime Minister and Minister of Economic Development and Digitalisation of Moldova 

"The Moldova Innovation Technology Park has vast potential beyond its exceptional tax incentives and business-friendly environment.

 

Through strategic vision, bold initiatives, and unwavering commitment, we have grown MITP into the largest IT community in Moldova, now embracing 80 per cent of the country’s IT sector and five per cent of Moldova’s GDP."


Marina Bzovîi

Administrator, Moldova Innovation Technology Park 

"The Moldovan IT sector is thriving. A lot of that growth can be attributed to the country's commitment to developing a knowledge-based economy and progressing digitalisation. 

 

We are delighted to have produced the IT Investment Guide, which is meant to not only showcase Moldova's IT advantages but also the vibrant spirit of innovation and collaboration."


Andrew Wrobel

Founding Partner, Emerging Europe

A single tax of 7% on sales income

Work from Moldova or abroad

Europe's first e-park at the heart of Moldova's emergence as an IT powerhouse

READ FURTHER

Moldova's Economy in Focus:

Emerging Europe's outlook for the economy in 2024

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Innovative Moldova podcast

with Dumitru Alaiba, Deputy Prime Minister and Minister of Economic Development and Digitalisation

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Government-secured tax stability

ICT: the economy's leading sector

Moldova Innovation Technology Park

Moldova Tech Ecosystem at 360°

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This research has been conducted by Emerging Europe on behalf of the Moldova Innovation Technology Park (MITP), with the support of USAID, Sweden, and UKAid through the Future Technologies Activity and the Ukraine-Moldova American Enterprise Fund, and remains the exclusive property of MITP.

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