The Moldovan-German joint venture Südzucker Moldova SA is the leader of sugar beet cultivation sector in Moldova. The company owns currently 3 sugar factories. 2 sugar factories in Drochia and Falesti are involved in sugar production, while the sugar factory in Alexandreni avails of a modern logistics and packaging centre. In 2010 the company produced 75 thousand tons of sugar, which is 72% of total sugar production in Moldova.
The main shareholder of the company is the European concern Südzucker AG, the largest sugar producer in the world. This concern owns sugar factories in Germany, France, Belgium, Poland, Austria, Hungary, Czech Republic, Slovakia and Romania.
The volume of investments allocated for the modernization of two sugar factories was 30 million Euro. As a result, electricity costs were reduced about twice. The quality of sugar improved considerably. In 2008 JV Südzucker Moldova SA has been certified under the ISO 9001:2000 and НАССР international standards.