The tradition of manufacturing electronic equipment in Moldova is stretching over decades, being coined as the third largest supplier of electronic equipment in the Ex-Soviet Union. Today, with over 170 companies and 16 000 employees, the electronics industry is one of the most promising industrial sectors in the country in terms of GDP contribution, employment generation and FDI attraction.
The success of the sector is attributed to a strong technical and engineering foundation, covering dual VET, colleges and the Technical University. The curricula of vocational schools and universities is under continuous scrutiny of the entire industry in order to ensure compliance with the sector’s needs and standards. Moreover, the availability of a fully-fledged Dual VET system allows companies to harness highly skilled workforce at affordable cost.
The highly qualified and cost-effective labour force, the availability of manufacturing platforms and state incentives alongside the geographical proximity to EU and CIS countries is making Moldova the perfect location for manufacturing electronics.
Not just manufacturing - Moldovan local companies offer R&D and engineering services and are eager to develop innovative products and technologies. The Government is offering a special fiscal regime of only 7% flat tax rate on turnover for IT Virtual Park residents carrying out R&D in natural sciences, engineering and biotechnology. This facility translates to lower costs for the company, and more competitive prices for their global customers.
Moldova’s modern electronics industry is represented by companies producing hardware and software, electronic components and devices, smart meters, PLCs, PCBs, micro and Nano conductors etc. Locally, the competences in Electronics are related to such competitive activities as PCBs design & manufacture, PCBA, SMD & THT montage, EMS & ECM, electronic devices design and manufacture, Nano sensors and micro wires.