At the end of 2025, with gratitude and a sense of responsibility, we look back on a series of significant achievements that have strengthened the Republic of Moldova’s position on the regional map.

2025 was a historic year for the country’s financial credibility. For the first time, the Republic of Moldova was assessed by all three major international sovereign credit rating agencies:

  • S&P Global Ratings, in its first-ever credit assessment of Moldova: BB-/B, with a stable outlook;
  • Moody’s assigned a B3 rating with a stable outlook;
  • Fitch Ratings reaffirmed the country rating at B+, with a stable outlook.

Digitalization remained a strategic priority for the Government, delivering tangible results for the business environment. In terms of public services for businesses, coordinated efforts led by the e-Governance Agency resulted in:

  • 75% of public services for businesses are now available online;
  • Moldova reconfirms its Category A status in the GovTech Maturity Index.

2025 marked a significant structural shift in Moldova’s economy, evident not only in the modernization of public services but also in the composition of economic activity. In the second quarter of 2025, for the first time in the country’s history, exports of services exceeded exports of goods, signaling a profound transformation of the economic model and a stronger focus on higher-value-added sectors.

The energy sector recorded both strategic and symbolic achievements, despite a challenging regional context:

  • On 23 August 2025, at 12:00, 100% of the country’s electricity consumption was covered by locally generated renewable energy, marking a (brief but significant) moment of energy independence.
  • On 19 December 2025, the next auction for wind energy production and energy storage was announced, with finalization scheduled for 2026. This will add 170 MW of renewable energy capacity produced in Moldova and at least 44 MWh of battery storage;
  • Construction is nearing completion on the Vulcănești–Chișinău high-voltage power line, a crucial strategic project for Moldova’s energy security. The 400 kV, 157 km line will connect the south of the country to the central grid, enable electricity imports from Romania, and strengthen Moldova’s energy independence and resilience.

Moldova’s investment offer was strengthened through new and ambitious instruments:

  • The launch of the Regional State Aid Scheme for Investments, with a budget of MDL 2 billion, enabling strategic projects exceeding MDL 10 million to benefit from 50–75% government support through grants and tax exemptions;
  • In September 2025, the European Commission launched the EU Call for Strategic Projects in the Republic of Moldova, targeting investments of over EUR 10 million, open until June 2026;
  • Moldovan companies increased investments by 17% in 2025, marking seven consecutive quarters of sustained investment growth;
  • At the end of 2025, Parliament extended the 0% tax on reinvested profits for small and medium-sized enterprises through 2026.

Significant structural changes also took place in the financial and banking sector:

  • In October 2025, the Republic of Moldova joined SEPA, enabling faster, safer, and cheaper euro payments for citizens and businesses;
  • During Moldova Business Week, the establishment of a new stock exchange was announced, in partnership with the Bucharest Stock Exchange, with an initial capital of EUR 3 million, set to become operational in summer 2026;
  • The launch of the eVMS.md platform modernized capital market infrastructure, providing direct and digital access to government securities and strengthening transparency and predictability for investors.

On 1 November 2025, the Republic of Moldova became a member of the Convention on a Common Transit Procedure, marking an essential step in its integration into European logistics chains. By connecting the NCTS-MD system to the European customs network, economic operators can use a single transit declaration to transport goods across multiple member states, eliminating repetitive customs formalities and significantly reducing transport time and costs. This progress enhances predictability, efficiency, and Moldova’s attractiveness as a regional logistics hub.

Because a country’s development depends not only on economic momentum, we also celebrate several international achievements and recognitions:

  • The Republic of Moldova advanced in the Global Gender Gap Index, ranking 7th worldwide—for the first time in the global top 10—for progress in women’s political and professional participation;
    Moldovan youth won gold for the fifth consecutive year at the world’s largest high-school robotics competition, the FIRST Global Challenge.
Looking Ahead to 2026

All these achievements are the result of a joint effort by public institutions, the business community, development partners, and people who believe in the future of the Republic of Moldova.

As we reflect on the progress made in 2025, we enter 2026 with gratitude and renewed confidence in our chosen path. With greater maturity, ambition, and strategic clarity, we are committed to continuing Moldova's transformation into a competitive, open economy increasingly connected to Europe.