Maib, the largest bank in the Republic of Moldova, in association with the Bucharest Stock Exchange, WOOD&Co, Raiffeisen Bank International, with the support of the Government of the Republic of Moldova, AmCham Romania, Romanian Business Leaders and EBA Moldova, announces the organization in Bucharest of the first high-level Forum " Moldova – Romania: Capital bridges", dedicated to the promotion of capital market opportunities in the two countries. The event will take place on September 13 in Bucharest. Registration is online by the end of September 8 at the following link.
The Republic of Moldova is the newest EU candidate by the decision of the European Council on June 23, 2022. In the next period, the accession process will follow, which involves meeting a set of necessary conditions to meet political, economic, administrative and institutional capacity criteria.
High government representatives from both countries, representatives of the EBRD - European Bank for Reconstruction and Development, IFC, the investment division of the World Bank, and the European Investment Bank announced their presence at the forum. The European Bank for Reconstruction and Development is the main institutional investor in the Republic of Moldova, which has invested over 1.54 billion euros through 151 projects.
Other speakers at the event are Mr Giorgi Shagidze.CEO maib, Mr Nicu Marcu, President, Financial Supervisory Authority, Romania, Mr Bogdan Plesuvescu,CEO Victoriabank Group Banca Transilvania, Mr Vasile Tofan, Senior Partner, Horizon Capital and the COO of Purcari, Mr Radu Hanga, Chairman, Bucharest Stock Echange, Mr Adrian Tanase, CEO of Bucharest Stock Exchange.
Investors, capital markets professionals, representatives of international financial institutions and leaders of leading companies operating in the region have confirmed their presence at the event.
On the forum's discussions agenda is the international context, the implementation of favourable policies for the development of the investment and business climate, the strengthening of the connection between the capital markets between the two countries, the roadmap of Romania in the EU accession process and the good practices to be adopted in the context the status of the Republic of Moldova as a candidate country for the European Union.
Romania ranks 2nd in terms of the amount of capital invested in the Republic of Moldova
Romania is the first commercial partner of the Republic of Moldova and the second investor in the Moldovan market. At the end of 2021, trade exchanges registered a record value of 2.4 billion dollars, of which Romanian exports of 1.5 billion dollars.
In the Republic of Moldova, where over 1500 Romanian companies are already present, Romania ranks 2nd in the capital value of approx. 280 million dollars, in which the banking sector dominates, with a value of 78 million dollars.
More than 6,640 joint ventures with Moldovan capital are registered in Romania, with a total invested capital of 62.6 million dollars, occupying 34th place in the list of foreign investors. Last year alone, 60 such companies were established, with a capital of about $1 million ($0.9 million). Purcari Wineries is the first business from the Republic of Moldova listed on the BVB on February 15, 2018.
*** The high-level forum "Moldova - Romania: Capital bridges" will take place in a hybrid format on Tuesday, September 13, 2022, at the JW Marriott Hotel in the capital, starting at 14:00.
**** Because the number of seats in the hall is limited, registrations can be made until September 8, at 18:00, at this link - https://bit.ly/3K6wIvs
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