Global Government Tenders

Most trusted source for Tendering Opportunities and Business Intelligence since 2002

Economy of Moldova and business opportunities

Economy of Moldova

Moldova is a former Soviet republic in Eastern Europe. It is landlocked, bordered by Ukraine on the east and Romania to the west. The Republic of Moldova remains Europe's poorest nation with per capita incomes on par with Nicaragua and Ghana and half that of Albania.

Moldova's proximity to the Black Sea gives it a mild and sunny climate. The fertile soil supports wheat, corn, barley, tobacco, sugar beet, and soybeans. Beef and dairy cattle are raised, and beekeeping is widespread. Moldova's best-known product comes from its extensive and well-developed vineyards concentrated in the central and southern regions. In addition to world-class wine, Moldova produces liqueur and sparkling wine. It is also known for its sunflower seeds, walnuts, apples, and other fruits. This makes the area ideal for agriculture and food processing, which accounts for about 40% of the country's GDP.

Moldova has experienced economic difficulties, like many other former Soviet republics. Since its economy was highly dependent on the rest of the former Soviet Union for energy and raw materials, the breakdown in trade following the breakup of the Soviet Union had a serious effect, exacerbated at times by drought and civil conflict. The Russian ruble devaluation of 1998 had a deleterious effect on Moldova's economy, but economic growth has been steady since 2000.

Moldova continues to make progress toward developing a viable free-market economy. The country recorded its fifth consecutive year of positive GDP growth in 2004, with year-end real GDP growth of 8%. This growth is impressive considering that, prior to 2000, Moldova had recorded only one year of positive GDP growth since independence. Budget execution in 2004 was also impressive, as actual consolidated budget revenues exceeded projections by 1.4% for most of the year.

Imports continued to increase more rapidly than exports during the first nine months of 2004; Moldova's terms of trade worsened, as higher-priced energy imports outpaced the value of Moldova's main exports-agricultural and agro-processing goods.

70% of total electrical energy power consumed in Moldova is imported from Ukraine and only 30% is produced in Moldova.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Moldova"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to Moldova from all over the world..

This section contains economy and business opportunities and from Moldova.
Moldova Economy Moldovan Economy, business opportunities in Moldova.
Summary:
Development Of 24X12 Sports Fields With External Gates In The City. Floreşti
Country:
Moldova
Estimated Cost:
MDL 833213
Notice Type:
Tender Notice
Deadline:
07 May 2024
Posting Date:
27 Apr 2024
 
 
 
Summary:
Request For Proposal (Rfp) Portable Radio Frequency Spectrum Analyzer With Training For Foreign Military Sales (Fms)
Country:
Moldova
 
Notice Type:
Tender Notice
Deadline:
07 May 2024
Posting Date:
27 Apr 2024
 
 
 
Summary:
Pavement Repair Works On F. Budde Str., 1-3, M. Kogalniceanu, Independţei, Al. Cel Bun From The Town Of Soroca
Country:
Moldova
Estimated Cost:
MDL 1084675
Notice Type:
Tender Notice
Deadline:
08 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Capital Repair Works: Partial Development Of Ștefan Cel Mare Street Through The Construction Of A Paved Sidewalk In The Village Of Hîjdieni, Glodeni District
Country:
Moldova
Estimated Cost:
MDL 450000
Notice Type:
Tender Notice
Deadline:
17 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Fixing Elements
Country:
Moldova
Estimated Cost:
MDL 123910
Notice Type:
Tender Notice
Deadline:
06 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Work To Update The Technical Expertise Report And Develop Project Solutions Regarding The Repair Of The Road Bridge Located On The Public Road R32 M3–Vulcănești–Cahul–Taraclia, Km 42,100.
Country:
Moldova
Estimated Cost:
MDL 785290
Notice Type:
Tender Notice
Deadline:
16 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Assistive Medical Equipment For People With Disabilities/Impaired Locomotion
Country:
Moldova
Estimated Cost:
MDL 973530
Notice Type:
Tender Notice
Deadline:
16 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Patient Cables
Country:
Moldova
Estimated Cost:
MDL 28000
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Medical Forms And Statistical Records
Country:
Moldova
Estimated Cost:
MDL 250000
Notice Type:
Tender Notice
Deadline:
08 May 2024
Posting Date:
26 Apr 2024
 
 
 
Summary:
Design Works Regarding The Development Of Execution Projects, For The Construction Of The Flag Support (Masts For Fixing The Flags) 3 Pcs. (With The Height Of 1 X 33.5 M And 2 X 26.0 M), For 10 Locations.
Country:
Moldova
Estimated Cost:
MDL 718454
Notice Type:
Tender Notice
Deadline:
16 May 2024
Posting Date:
26 Apr 2024
 
 
 

Key Features

  • • 50000 + notices daily
  • • Daily Email alerts
  • • Personal dashboard
  • • Website Access
  • • Weekly Excel
  • • Market Reports
  • • Analytics
  • • Customer support

Quick Links