Investments in Free Enterprise Zone “Bălți” go up

The investments in the Free Enterprise Zone “Bălți” rose by 24%. There were created more than 8,000 jobs. The average salary was over 10,000 lei. The data were presented by the Ministry of Economy and Infrastructure after analyzing the activity report and performance indicators of the Free Enterprise Zone “Bălți” for the first nine months of this year, IPN reports.

According to the report, the investments attracted to the Zone grew from US$142 million to about US$ 175 million. The taxes paid into the state budget came to 716,000 lei.

The number of employees of the resident companies came to over 8,000, as against 5,000 in 2017, an increase of almost 50%. Sales in nine months rose to about 4 million lei, as opposed to 1.6 million lei in the corresponding period last year 2017.

The Free Enterprise Zone “Bălți” as of September 3 has hosted the Engineering College of Strășeni. The German company Draxelmaier on October 15 started to build its fourth production company in Cahul. There was also registered the company “Fritzmeier Cahul”, which is a branch of the German investor  “Fritzmeier Group”.

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