Driver for change
EBA Annual Review 2025
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Driver for change
EBA Annual Review 2025
Our mission
The EBA is one of the main business impact organisations for Moldovan and foreign entities aimed at supporting EU integration of the RM by means of:
- Facilitating domestic and foreign trade;
- Improving business climate through different communication platforms;
- Bolstering foreign investments;
- Advance national EU integration by strengthening the professional capacity and competitiveness of the private sector
- Policy and advocacy in the legal harmonization of Moldovan legislation to the EU Acquis Communautaire
Our vision
The EBA Vision is to enable & drive the full establishment of European business practices and values in Moldova, wishing to promote and contribute to the harmonization of economy of Moldova and the EU.
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Iwona PiórkoEBA Honorary PresidentAmbassador of the European Union to the Republic of Moldova
EBA Board
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Carolina BugaianEBA Board President
General DirectorMoldcell -
Veronica MalcociEBA Board Vice President
General DirectorGrawe Carat -
Jose Luis Gomez PascualCountry DirectorPremier Energy -
Mathias von TucherCEODanube Logistics -
Roman IvanovPartnerVernon David Law Firm -
Doina BârsanPartnerPwC Moldova & România -
Constantin BarbarosDirector of FinanceMetro Cash & Carry Moldova -
Stela ReceanDeputy CEOmaib -
Elena MunteanuCFOKaufland Moldova -
Dana ArgintDirector of Corporate Sales and ICT SolutionsOrange -
Mircea AursuleseiVice PresidentVictoriabank
EBA Team
- Mariana RufaExecutive Director
- Ensures the full executive and administrative authorities for EBA, developing the EBA strategy, work plans and budgets, managing recruitment of member corporations, facilitating partnerships, projects and co – operations for the benefit of EBA, and handling contact to EBA Sector Committees.
- Supports the team in the policy and advocacy process, services, project management and press & media work.
- Ion CebanuExecutive Assistant & Events Manager
- Provides administrative support and maintains protocolar correspondence.
- Takes care of the projects implementation and reporting.
- Ensures the smooth-running and organization of EBA events, trainings and seminars.
- Maintains and updates communication vehicles such as website, newsletter, press releases, social media and others.
- Inga StașcovChief Accountant
- Is heading the Finance and Administration department of EBA.
- Drafts and supervises the EBA budget. Ensures Payroll and HR Administration.
- Provides monthly financial reports and monitors the cash flow.
- Assures accurate reporting according to the EBA policies.
- Sandra DolghiiPolicy & Advocacy Manager
- Monitors the Tax & HR Policy issues and supports the activities of the EBA Tax & Human Capital Committees.
- Represents EBA at meetings and working groups in relevant public private platforms and organizations.
- Builds up and keeps an active network with relevant stakeholders for policy and advocacy work.
- Drafting position papers and advisory notes.
- Eugen Cozmulici(former) Policy & Advocacy Manager
- Develops and organizes the advocacy work for EBA, drafting advisory notes, representing EBA at meetings and working groups in relevant public private platforms and organizations.
- Assists the Executive Director in her efforts towards policy issues, building up and keeping an active network with relevant stakeholders for policy and advocacy work.
- Supports project management and leads EBA Sector Committees meetings.
- Ana-Maria DragomirPolicy & Advocacy Manager
- Coordinates EBA Moldova’s advocacy and policy work in financial services, digitalization, trade, e-commerce, food safety and EU accession.
- Drafts and promotes position papers, policy notes and legal recommendations supporting business-friendly implementation of EU-aligned legislation.
- Monitors policy and regulatory developments, consolidates members’ feedback and formulates advocacy positions for public authorities.
- Represents EBA Moldova in consultations, working groups and public-private dialogue with ministries, regulators and Parliament.
- Supports member awareness and engagement on EU accession reforms through briefings, consultations and policy discussions.
- Nadejda ChirițaPolicy & Advocacy Manager
- Responsible for the business environment and entrepreneurial activity, also for competition and personal data protection issues.
- Drafting the position papers and advisory notes in these areas.
- Representing EBA at working group on regulatory impact assessment as well as in other relevant private or public platforms and organizations.
- Stanislav PetrașcuPolicy & Advocacy Manager
- Develops and organizes the advocacy work for EBA in the fields of energy, environment, transport/infrastructure, cyber security and EU accession, by developing and promoting position papers emphasizing on members interests, towards a balanced implementation of EU legislation
- Ensures continuous monitoring of governmental policy/legal initiatives in his area of expertise and activity.
- Member of related governmental working groups in relation to the implementation of the National Program for EU Accession; performs raising awareness sessions to EBA members in coordination with high-level governmental representatives.
EBA members
122
Member companies
15
New members in 2025
- 55Moldovan business
- 67International business
- 6 bln €Turnover
- 45.000Employees
GOLD MEMBERS
SILVER MEMBERS
All the EBA members are available on our website.
View all members EBA social corporate responsibility projects
EBA Moldova – CCF Moldova
charity campaign „Daruiește căldură"
Goal: to support children from 50 families get through the cold season safely by providing them with the warmth they need through the purchase of firewood and other essential goods.
Results: During 2021-2025, within the same Campaign, have been helped 170 children from 53 families.
charity campaign „Daruiește căldură"
Goal: to support children from 50 families get through the cold season safely by providing them with the warmth they need through the purchase of firewood and other essential goods.
Results: During 2021-2025, within the same Campaign, have been helped 170 children from 53 families.
EBA for EU Integration
In 2025 EBA organized a series of events in Moldova and Brussels for the business community by inviting key EU Officials from the Republic of Moldova, from the EU Parliament and EU Commission to raise awareness on the EU MOLDOVA Integration process, negotiation agenda, impact for business and country economic development overall. Over these events, businesses could share their current concerns, provide concrete proposals and discuss the legal transposition process in more details.
EBA is supporting the EU Integration process through development of legal packages, providing proposals for amending legislation, offering support in legislation implementation and ensuring technical support in aligning business practices to the EU and International requirements.
71
events
2808
participants
Conferences
4
EBA Business Outlook 2025
25.02.2025
29.05.2025
16.09.2025
24-28.03.2025
Brussels, Belgium
Brussels, Belgium
Practical events
4
On a yearly basis EBA is organizing a series of practical events aimed at:
- sharing the best regional and international practices and expertise on specific topics from EBA Policy Agenda in order to assist the EBA Members and public officials in legal transposition and implementation process;
- promoting EBA Members that have expertise in certain areas to share their knowledge and best practices with the EBA Community.
8.10.2025
“Opportunities through technology and innovation in Moldova” Project
International Policy Conference 2025
Strengthening Bridges in the Policy-Making Process between the Public Sector, Business, and Civil Society
11.09.2025
Strengthening Bridges in the Policy-Making Process between the Public Sector, Business, and Civil Society
11.09.2025
Business Environment
Key Business Environment indicators
54
Policy documents
31
Issues/areas approached
15
Achievements/ Progress on Policy Agenda
99
Total meetings
Public Private Dialogue
National Institutions
- EU Integration Commission by the President of RM
- Economic Council to the Prime Minister
- Bureau of European Integration
- Customs Service Advisory Committee
- Tax Inspectorate Advisory Committee
- State Commission on regulation of the entrepreneurial activity
- Ministry of Finance Technical Working Groups
- Ministry of Agriculture and Food Industry
- Ministry of Infrastructure and Regional Development
- Ministry of Finance Advisory Council on Taxes and Duties
- National Council of State Control Disputes
- Ministry of Environment
- Ministry of Labour and Social Protection
- Ministry of Economic Development and Digitalization
- National Agency for Food Safety
- Office for prevention and fight against money laundering
- Competition Council
International Institutions
- European Business Organization Worldwide Network
- European Commission (DG Trade, DG Near, DG Energy)
- European Parliament
- OECD
- IMF
- EBRD
- World Bank
- IFC
- German Economic Team
- GIZ
- EIB
- UNDP
- Energy Community Secretariat
- Venice Commission
EBA collaboration with the Economic Council to the
Prime Minister of the Republic of Moldova
Areas covered under the Economic Council to the PM:
4 legal packages were developed with the involvement of EBA expertise in cooperation with the Economic Council to the Prime Minister and with the financial support of Optim & Helvetas Project:
4 legal packages were developed with the involvement of EBA expertise in cooperation with the Economic Council to the Prime Minister and with the financial support of Optim & Helvetas Project:
- Food safety
- Tax procedures
- Labour relations
- Freelance Legislation
- Development of legal amendments to GDPR Legal Framework by transposing the EU Aquis
- Development of legal amendments related to E-KYC
- Improvement and optimization of Import procedures (Amending the GD no 938/2018)
- Development of legal amendments related to the Labor legislation
- Development of legal amendments related to food safety legislation
- Development of legal amendments related to Sanitary Regulations of tobacco products
- Improve the implementation framework related to AML
- Development of legal amendments related to Extended Producer Responsibility and creating a sound Wastes Management Framework
- Tax Policy Legislation
- Optimization of customs procedures related to customs valuation
- Development of legal amendments related to New Customs Code
- Deregulation packages
- Working Group 1: Technical supervision, constructions
- Working Group 2: Market surveillance and consumer protection
- Working Group 3: Fiscal, customs
- Working Group 4: Environmental protection
- Working Group 5: Public Health
- Working Group 6: Occupational safety and security
- Working Group 7: Agriculture and Food
- Working Group 8: Transport (road, naval, aeronautical)
EBA publications
An overview and an assessment of implementation of reforms from the prospective of the European business representatives (investors) based on provisions of the EU-Republic of Moldova Association Agreement including the Deep and Comprehensive Free Trade Area (AA/DCFTA)
A comprehensive exercise conducted among its members aimed at collecting the opinions and suggestions of the business community, focused on several key areas of interest, such as:
- Increasing the competitiveness and sustainability of the economy of the Republic of Moldova;
- Capitalizing on the opportunities arising from Moldova’s European integration;
- Reducing the barriers and challenges associated with this process.
EBA Sector Committees
EBA Moldova provides a platform to discuss with its Members all legal and policy initiatives aiming to improve the Moldovan legislation through its Sector Committees.
EBA coordinators
- Eugen Cozmulici(former) Policy & Advocacy Manager
- Sandra DolghiiPolicy & Advocacy Manager
- Ana-Maria DragomirPolicy & Advocacy Manager
Tax & Customs Committee
Issues approached:
Issues approached:
- Tax Policy 2026
- Adjusting the meal voucher legislation to the current regulatory framework
- Amendment of the Law on Advertising No 62/2022
- Transfer Pricing
- Diana IliccievCommitte Chairwoman
Chief Accountant, Head of Accounting DepartmentVictoriabank - Constantin AgafițaCommitee Co-Chair
Audit ManagerBaker Tilly Klitou and Partners
Green & Sustainable Economy Committee
Issues approached:
Issues approached:
- By-laws of Law 209/2016 regarding the waste management
- Packaging Deposit System
- Extended Producer Responsibility (EPR)
Alexandru Gîncu
Committee Chairman
Public Affairs & Sustainability Manager
Coca Cola HBC Moldova
Public Affairs & Sustainability Manager
Coca Cola HBC Moldova
Human Capital Committee
Issues approached:
Issues approached:
- Deficiencies faced by the business community in this sector
- Addition to the Labour Code of a new ground for termination of employment contract
Eduard Gurin
Committe Chairman
Associate
Vernon David Law Firm
Associate
Vernon David Law Firm
Regulatory, Digital and Trade Committee
Issues approached:
Issues approached:
- Pharmaceutical waste regulation
- Food safety / labelling of imported food products
- Criminal liability of legal persons
- Digitalization and remote business operations
- GDPR related laws improvement
- Checklists for the control and supervision of establishments in the field of food safety of non-animal origin, trade, and public catering
- Draft Law on Entrepreneurship
- Draft law on mediation and the status of mediators
- Insolvency Law No. 149/2012
- Draft law amending the Competition Law
- Vladimir PalamarciucCommitte Chairman
Lawyer, PartnerTurcan Cazac Law Firm - Sergiu BozianuCommittee Co-Chair
DirectorData Protection Law Firm
Energy & Infrastructure Committee
Issues approached:
Issues approached:
- The new Law on electricity
- Regulation on guarantees of origin
- Government Decision no. 401/2021 regarding the approval of capacity limits, maximum quotas and capacity categories in the field of electricity from renewable sources valid until December 31, 2025
- Government Decision no. 690/2018 for the approval of the Regulation on the tenders launching for offering the eligible producer status
- Tender documentation regarding the procurement of balancing capacities
- Methodology on the location, installation, and dismantling of photovoltaic power plants
- The new Regulation on connection to electricity networks and the provision of electricity transmission and distribution services submitted to public consultation
- Land Code No. 22/2024
- Tatiana GotișanCommittee Chairwoman
Director Regulations, Tariffs and Purchases of EnergyPremier Energy - Mathias von TucherCommittee Chairman
General DirectorDanube Logistics
Financial & Capital Markets Committee
Issues approached:
Issues approached:
- Concerted activity in the insurance sector
- Payment accounts, comparability of fees and access to basic payment accounts
- Consumer financial services contracts concluded at a distance
- Digitalization of financial services and consumer communication
- Management and resolution of complaints in the financial sector
- Capital market development
- Amendment of consumer protection legislation
- Amendment of the regulatory framework for cash settlements
- Electronic reporting to the National Bank of Moldova
- Insurance Product Information Document Regulation
- Corneliu PopoviciCommittee President
Director of Legal DepartmentVictoriabank - Natalia SimașcoCommittee Co-Chair
Head of the compliance control section, Compliance DirectorateFincombank
All the EBA Members proposals are collected, examined by the EBA Sector Committees and later reflected in a series of Position Papers.
The list of Position Papers elaborated and sent to public institutions by EBA Moldova, can be found here.
The list of Position Papers elaborated and sent to public institutions by EBA Moldova, can be found here.
Business Support
EBA Members Meetings with EU and Moldovan Officials
32
Meetings with EU and Moldova officials
- HE Iwona PiórkoAmbassador of the European Union to the Republic of Moldova
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HE Jānis Mažeiks(former) Ambassador of the European Union to the Republic of Moldova -
Maia SanduPresident of the Republic of Moldova -
Marta KossEU Enlargement Commissioner -
Alexandru MunteanuPrime Minister of RM -
Dorin Recean(former) Prime Minister of RM -
Doina Nistor(former) Deputy Prime Minister, Minister of Economic Development and Digitization -
Eugen OsmochescuDeputy Prime Minister and Minister of Economic Development and Digitalization -
Veronica Mihailov-Moraru(former) Minister of Justice -
Olga GolbanState Secretary, Ministry of Finance -
Radu VrabieDirector, Customs Service of RM -
Victoria BelousMinister of Finance -
Vadim CodreanuOrganization for Entrepreneurship Development Director -
Viorel GarazState Secretary
Ministry of Economic Development and Digitalization -
Cristina CebanState Secretary
Ministry of Economic Development and Digitalization -
Natalia SelevestruState Secretary
Ministry of Economic Development and Digitization
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Cristina PereteatcuState Secretary
Ministry of Energy -
Rodica CruduState Secretary for European Integration -
Corina AlexaState Secretary, Ministry of Finance -
Carolina NovacState Secretary, Ministry of Energy -
Grigore StratulatState Secretary, Ministry of Environment -
Alexandru Iacub(former) Director, Customs Service of RM -
Artur Mija(former) Secretary General of the Government -
Cristina IxariState Secretary
Ministry of Finance -
Dumitru Alaiba(former) Deputy Prime Minister, Minister of Economic Development and Digitization -
Radu MarianParliamentary Committee on Economy, Budget and Finance -
Lidia Ababii(former) Deputy Director, Customs Service of RM -
Mihaela GorbanDeputy Secretary General
Ministry of Economic Development and Digitization -
Ana Luca(former) Deputy Secretary General of the Ministry of Finance -
Dorian IstratiiDeputy Chairman of the Parliamentary Committee on Economy, Budget and Finance -
Ion GumeneState Secretary
Ministry of Finance -
Radu MusteataNational Agency for Food Safety General Director -
Ludmila CatlabugaMinister of Agriculture and Food Industry -
Jan DusikDeputy Director-General of DG CLIMA -
Francesco La CameraDirector General, International Renewable Energy Agency (IRENA) -
Antonio CostaPresident of the European Council -
Ewa KrauzaDeputy Head of Unit, European Commission
Practical Workshops
37
37
#From_theory_to_practice
Workshops organized in 2025
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Iuri LichiiDeputy DirectorState Tax Service -
Igori LazariDeputy Head of the General Directorate for Tax and Fee MethodologyState Tax Service -
Jana GriciucHead of the General Directorate for Tax and Fee MethodologyState Tax Service -
Diana IliccievChief Accountant, Chair of the EBA Tax CommitteeVictoriabank -
Valentina PopescuTax ManagerGrant Thornton Moldova -
Pavel DimaDeputy Head of the General Directorate for Legal ExpertiseState Tax Service -
Pavel SarghiPartnerSaiph Consulting House
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Grigore StratulatState SecretaryMinistry of Environment -
Igor StavinschiHead of Indirect Taxation DepartmentState Tax Service
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Dumitru BudianschiChairman of the Board of DirectorsNational Commission for Financial Markets (CNPF) -
Igor CaraușVice PresidentBeeyond Investments -
Remus DanilaHead of IR and Business DevelopmentBucharest Stock Exchange -
Irina TyanPrincipal Banker, Trade Facilitation ProgrammeEBRD -
Gayane MirzoyanHead, Payment instruments and escrow divisionAmeriabank -
Irina BojogaHead of Corporate Products and Support Departmentmaib
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Eduard ȚUGUIHead of the Directorate for Investment Attraction and Industrial DevelopmentMinistry of Economic Development and Digitalization of the RM
EBA Gold Member
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Carolina BugaianGeneral Director, EBA PresidentMoldcell -
People & Communication DirectorPeople & Communication DirectorMoldcell -
Gabriela CiupituCustomer Experience Proffessional, Customer Institute Board MemberCCXP -
Anatolie TelchijiSales ExecutiveUiPath Romania -
Mihai CraceaVAS Products and Service Sale TeamMoldcell -
Cristina TătaruProduct ManagerMoldcell -
Gheorghe HîncuCustomer Sales DirectorMoldcell -
Ecaterina GalerSustainability OfficerMoldcell
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Olga SurugiuGeneral DirectorOrange Moldova -
Sergiu PosticăStrategy, Business Development & Regulatory Affairs DirectorOrange Moldova -
Ivana ArapuHead of Corporate SecurityOrange Moldova -
Ion TemciucIT&N Security Team LeaderOrange Moldova -
Victor SagaidacChief Information, Data & AI OfficerOrange Moldova -
Anatolie BulgaruHead of B2B ICT IoTOrange Moldova -
Ion CozmaInformation Communication Technology ExpertOrange Moldova
- Carolina BugaianGeneral Director, EBA PresidentMoldcell
- Victoria Belous(former) Minister of Finance
- Diana IllicievChief Accountant, EBA Tax & Customs ChairwomanVictoriabank
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Alexandru SipitcaTax DirectorErnst & Young Moldova -
Georgiana IancuPartner, Tax Advisory & Compliance Services - Indirect TaxEY Romania and Moldova
11.06.2025
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Alexei Gherțescu(former) PresidentCompetition Council of the Republic of Moldova -
Daniela BădilăGeneral DirectorCompetition Council of Romania -
Dumitru PădureHead of the Antitrust Agreements DivisionCompetition Council, RM -
Emil GuțuCompetition ManagerACI Partners -
Ana Ivan-IliescuCompetition Inspector, Cartels DivisionCompetition Council of Romania -
Carolina ParcalabLegal ManagerACI Partners
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Erik WoodhousePartner, International TradeFinancial Services -
Riley DelfeldAssociate, International TradeGovernment Contracts -
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Anna GherganovaHead of the Directorate for Employment and Labor Migration PolicyMinistry of Labor and Social Protection of the Republic of Moldova -
Oxana RusuHead of the Admission and Documentation DirectorateGeneral Inspectorate for Migration -
Violeta PortărescuRadisson Blu Leogrand Hotel -
Cornel BodiuAxedum -
Petru MaleruAssociation of Recruitment Agencies of the Republic of Moldova
26.11.2025
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Sergiu Bozian -
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Veaceslav Mirza -
Promoting Green Deal Readiness in the Eastern Partnership Countries’ (PROGRESS) Project
“The project ‘Promoting Green Deal Readiness in the Eastern Partnership Countries’ (PROGRESS) is implemented on behalf of the International Climate Initiative (IKI) of the Federal Government of Germany. Within the Federal Government, the IKI is anchored in the Federal Ministry for the Environment, Climate Action, Nature Conservation and Nuclear Safety (BMUKN). The project is also the responsibility of the Federal Foreign Office (AA). PROGRESS is implemented by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, as the lead agency, in partnership with the European Business Association (EBA) Moldova, the Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine (IEF), the Organisation for Economic Co-operation and Development (OECD), and the Regional Environmental Centre for the Caucasus (REC).”
Impact Space Project
EBA promoting development of social
enterprises in Moldova
enterprises in Moldova
5 group mentorship sessions for social enterprises
- Communication and visibility10.07.2026Delivered by:
Steluta Andrei - Strategic & Crisis Communication, Black Unicorn Agency founder - The basics of social entrepreneurship17.07.2026Delivered by:
Ana Ciurac - Promoter of Social Entrepreneurship and Impact Fund Pilot Manager, East Europe Foundation - From idea to funding: applying for projects step by step21.07.2026Delivered by:
Eva Pogor - Expert in grant writing and fundraising - Efficient Sales Strategies24.07.2026Delivered by:
Mihai Popescu - Founder and CEO of the business consulting firm Rare People - Marketing for social enterprises4.08.2026Delivered by:
Mariana Rufa – Executive Director, EBA Moldova
"Opportunities through technology and
innovation in Moldova” Project
innovation in Moldova” Project
RAN Annual Event 2025 - International Advocacy in Changing Times: Strategies for Policy Influence and Impact
9-10.09.2025
The 2 days workshops included a visit to the Economic Council to the Prime Minister, within the Government
The 2 days workshops included a visit to the Economic Council to the Prime Minister, within the Government
10-11.11.2025
EU Economic Agenda Communicated to regional companies
Regional visits with the participation of Mrs. Doina Nistor, (former) Deputy Prime Minister and Minister of Economic Development and Digitalization.
Since November 2024 till September 2025, 17 visits were organized, with the purpose of promoting European Agenda
Glodeni
Floresti
Falesti
Cahul
EBA General Assemblies and Reception
Spring General Assembly & Reception
Winter General Assembly & Business Networking Reception
EBA visits its Members
Discussions are aimed at identifying business problems but also new opportunities for the EBA Member companies.
- Autospace19.03.2025
- METRO Cash & Carry Moldova25.03.2025
- Kaufland7.04.2025
- Inamstro29.04.2025
- Rikipal6.05.2025
- Suedzucker Moldova7.07.2025
- Draexlmaer10.07.2025
- Coca Cola HBC Moldova15.07.2025
- BauTex Composites16.07.2025
- Lafarge18.07.2025
EBA projects
6
Projects implemented in 2025
Donor funded projects implemented by EBA Moldova
Promoting Green Deal Readiness in the Eastern
Partnership Countries’ (PROGRESS)
Partnership Countries’ (PROGRESS)
Implementation period: 1.04.2024 – 28.02.2028
Key Objectives:
Key Objectives:
- Policy Support - Collaborate with policymakers to establish evidence-based national policies that promote climate-resilient and green economic development.
- Business Engagement - Assist farmers and businesses in implementing climate-smart, eco-friendly practices along their production pathways.
- Community Awareness - Enhance public understanding and support for eco-friendly economic measures thro
- Green Finance - Improve access to environmentally responsible financial services for farmers and enterprises.
- Regional Cooperation - Foster knowledge sharing and collaboration among EaP countries to replicate successful practices and achieve a broader impact.
Study visit in Graz, Austria dedicated to modern and sustainable practices in fruit growing
Organized in collaboration with Moldova Fruct Association
2 Mentoring and peer learning sessions on:
Green, resilient and climate-oriented practices - applicative aspects
“Impact Space” Project
EBA promoting development of social enterprises in Moldova
Implementation period: 2.01.2025 – 30.11.2028
Goal:
The "Impact Space" project aims to support social enterprises by providing the tools and resources necessary to develop and achieve the expected social impact. The project is inclusive, covering all regions of the country, including the autonomous unit of Gagauzia and the Transnistrian region.
The project aims to empower entrepreneurs through specific activities such as training, mentoring, scholarships, internships, grants, and networking events.
Goal:
The "Impact Space" project aims to support social enterprises by providing the tools and resources necessary to develop and achieve the expected social impact. The project is inclusive, covering all regions of the country, including the autonomous unit of Gagauzia and the Transnistrian region.
The project aims to empower entrepreneurs through specific activities such as training, mentoring, scholarships, internships, grants, and networking events.
5 group mentorship sessions for social enterprises
27 Individual 1 on 1 sessions tailored to the specific needs of each beneficiary
“Opportunities through technology and innovation in Moldova” Project
Implementation period: 11.06.2024 – 31.10.2026
Goal is to ensure:
1 International Policy Conference
1 Session of the BSO Academy
Goal is to ensure:
- The development and delivery of relevant workshops for businesses
- The development and submission of relevant Analytical Position Papers
1 International Policy Conference
1 Session of the BSO Academy
Enhancing MSMEs/businesses competitiveness – Competion Up Grade
Implementation period: May – June 2025
New Democracy Fund in Moldova – Confederation of Danish Industry
Implementation period: 1.07.2025 – 31.08.2025
EBA members funded projects
Economic Journalism Academy 5.0
Developing a local stock exchange in the Republic of Moldova by strengthening its capacity and fostering the development of the capital market in the Republic of Moldova:
View here
- Radu Hanga – Chairman of the Board of Directors of the Bucharest Stock Exchange
- Anca Dragu – Governor of the National Bank of Moldova
- Dumitru Alaiba – (former) Deputy Prime Minister, Minister of Economic Development and Digitization
View here
EBA international outreach – support to Members
EBA participation at national and international events
19.02.2025
Organized by EY Moldova and EY Romania, in partnership with EBA Moldova
12.03.2025
EBA moderated the panel "Benelux Business Experience in Moldova"
14.05.2025
London, UK
16.05.2025
EBA participated as speaker
20.05.2025
Vienna Economic Forum - Chisinau Meeting 2025
27.06.2025
22.09.2025
27-29.10.2025
Cluj and Oradea, Romania
11.11.2025
EBA moderated the Panel on Cluster III
20.11.2025
Bucharest, Romania
EBA participated as speaker
EBA participated as speaker
25.11.2025
EBA as partner of the Event
25.11.2025
Bucharest, Romania
EBA as speaker within Panel IV: Reinventing the labor market. Integrating foreign workers in Moldova
EBA as speaker within Panel IV: Reinventing the labor market. Integrating foreign workers in Moldova
#EBA imPRESSed
Participation at TV shows
Press articles
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Business Class4.02.2025 -
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Financial Statements
Independent Auditor's Report
Opinion
The summary financial statements which comprise the statement of financial position as at December 31, 2025 and the statement of income and expenses, are derived from the audited financial statements of The European Business Association in Moldova for the year ended December 31, 2025.
In our opinion, the accompanying summary financial statements are consistent, in all material respects, with audited financial statements, in accordance with Note 1 Basis of preparation of the summarized financial statements (hereinafter referred to as "Note 1").
Summary Financial Statements
The summary financial statements do not contain all the disclosures required by the National Accounting Standards of the Republic of Moldova. Reading the summary financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited financial statements and the auditor’s report thereon.
The summary financial statements and the audited financial statements do not reflect the effects of events that occurred subsequent to the date of our report on the audited financial statements.
The Audited Financial Statements and Our Report Thereon
We expressed an unmodified audit opinion on the audited financial statements in our report dated April 30, 2026.
Management’s Responsibility for the Summary Financial Statements
Management is responsible for the preparation of the summary financial statements in accordance with described criteria in Note 1.
Auditor’s Responsibility
Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects, with the audited financial statements based on our procedures, which were conducted in accordance with International Standard on Auditing (ISA) 810 (Revised), Engagements to Report on Summary Financial Statements.
25 May 2026
ICS Baker Tilly Klitou and Partners SRL
Chisinau, Republic of Moldova
The summary financial statements which comprise the statement of financial position as at December 31, 2025 and the statement of income and expenses, are derived from the audited financial statements of The European Business Association in Moldova for the year ended December 31, 2025.
In our opinion, the accompanying summary financial statements are consistent, in all material respects, with audited financial statements, in accordance with Note 1 Basis of preparation of the summarized financial statements (hereinafter referred to as "Note 1").
Summary Financial Statements
The summary financial statements do not contain all the disclosures required by the National Accounting Standards of the Republic of Moldova. Reading the summary financial statements and the auditor’s report thereon, therefore, is not a substitute for reading the audited financial statements and the auditor’s report thereon.
The summary financial statements and the audited financial statements do not reflect the effects of events that occurred subsequent to the date of our report on the audited financial statements.
The Audited Financial Statements and Our Report Thereon
We expressed an unmodified audit opinion on the audited financial statements in our report dated April 30, 2026.
Management’s Responsibility for the Summary Financial Statements
Management is responsible for the preparation of the summary financial statements in accordance with described criteria in Note 1.
Auditor’s Responsibility
Our responsibility is to express an opinion on whether the summary financial statements are consistent, in all material respects, with the audited financial statements based on our procedures, which were conducted in accordance with International Standard on Auditing (ISA) 810 (Revised), Engagements to Report on Summary Financial Statements.
25 May 2026
ICS Baker Tilly Klitou and Partners SRL
Chisinau, Republic of Moldova
Note 1 Basis of preparation of the summary financial statements
These summary financial statements, which comprise the statement of financial position as at December 31, 2025 and the statement of income and expenses, have been extracted in full from the relevant information included in the financial statements of The European Business Association in Moldova (hereinafter – the “Association”) for the year then ended, which were prepared in accordance with International Financial Reporting Standards and authorized for issue on 30 April 2026. Accordingly, these summary financial statements are consistent with those financial statements. Management has prepared these summary financial statements for publication in the press.
Due to their summarized nature, these summary financial statements cannot provide a complete understanding of the financial performance and financial position of the Association. This understanding can only be obtained from the complete set of financial statements of the Association. The complete set of financial statements of the Association from which these summarized financial statements were extracted are available on request from the Association.
These summary financial statements, which comprise the statement of financial position as at December 31, 2025 and the statement of income and expenses, have been extracted in full from the relevant information included in the financial statements of The European Business Association in Moldova (hereinafter – the “Association”) for the year then ended, which were prepared in accordance with International Financial Reporting Standards and authorized for issue on 30 April 2026. Accordingly, these summary financial statements are consistent with those financial statements. Management has prepared these summary financial statements for publication in the press.
Due to their summarized nature, these summary financial statements cannot provide a complete understanding of the financial performance and financial position of the Association. This understanding can only be obtained from the complete set of financial statements of the Association. The complete set of financial statements of the Association from which these summarized financial statements were extracted are available on request from the Association.
European Business Association
+373 22 907 025
info@eba.md
info@eba.md
88 Columna str., Chisinau 2012, Republic of Moldova
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