New step to establishment of International Stock Exchange of Moldova; shareholders' agreement signed

Moldova takes another strategic step towards the development of the capital market. The Public Property Agency (APP) has announced the signing of the Shareholders' Agreement for the establishment of the International Stock Exchange of Moldova, marking one of the key stages in operationalizing the new Stock Exchange.

The initiative is the result of a partnership between APP, the Bucharest Stock Exchange, maib (Moldova Agroindbank), Donaris Vienna Insurance Group, GRAWE Carat Asigurări (Insurances), Moldindconbank, MK Kredit, OTP Bank Moldova, Moldcell and Premier Energy.

APP emphasized that this project represents the beginning of a modern capital market of Moldova, an internationally connected market that will provide real opportunities to entrepreneurs and investors, developing the business environment and the economy of Moldova.

The International Stock Exchange of Moldova is a strategic institution aimed at developing the capital market and strengthening the financial stability of the country. It will have an initial share capital of 30 million lei, and the state, through the Public Property Agency, will hold 20 per cent of the shares.

The signing of the Agreement represents the next logical step after the Memorandum of Understanding for the establishment of the new Stock Exchange, signed at the Moldova Business Week, on September 15.

 

The project is based on a strategic collaboration between the government of  Moldova, the Public Property Agency, the Bucharest Stock Exchange and a group of Moldovan investors. According to estimates, the new stock exchange will become operational in the summer of 2026.

The new exchange will provide access to a wide range of financial instruments: stocks, bonds, government and corporate securities and will use the latest technologies, including the Arena Trading platform. The exchange will help companies find financing more easily, in order to expand and innovate. At the same time, it will offer citizens the opportunity to invest in the national economy, with a wide range of secure financial instruments available.

Currently, the stock market capitalization of Moldova accounts for 3-7 per cent of the Gross Domestic Product, compared to 10-30 per cent in Eastern Europe and over 65 per cent in the European Union. The new institution will contribute to reducing this gap, with an estimated attraction of up to 300 million euros in investments over the next decade.