Romanian Investors Association inaugurated in Chisinau

Prime Minister Pavel Filip and Romanian Prime Minister Viorica Dăncilă participated today at the inauguration of the Romanian Investors Association (AIR) which gathers companies with Romanian capital investing in Moldova and represents a platform to attract Romanian investments in the national economy. 

At the event, Pavel Filip noted the advanced level of cooperation between the two countries on the economic dimension and the importance of further capitalizing on the existing potential.

The prime minister said that the launch of AIR will ensure a permanent dialogue with the investors and will help to solve the problems of the business environment promptly and efficiently.

In this context, Pavel Filip referred to the efforts of the Chisinau Executive, aimed at developing an attractive business environment, highlighting the reform of permissive acts, reducing the number of control institutions, simplifying reporting procedures, and launching labor law reform.

"This year we are planning to develop these concepts, because we are aware that the development of the social domains depends on the financial capacity of the state," said Prime Minister Pavel Filip.

The Moldovan Prime Minister urged AIR members to actively participate in the Economic Council's work, the platform to discuss implement reforms for business community development. 

Prime Minister Viorica Dăncilă, in turn, reiterated Romania's determination to strengthen its presence on the Moldovan market, stressing that the launch of AIR sends a signal of confidence to investors from Romania and the EU to Moldova. 

"I encourage you to make as many contacts between business representatives as possible to identify new opportunities to diversify the presence of Romanian investments," said Viorica Dăncilă.

The Romanian Investors' Association gathers 14 companies active in Moldova in areas such as construction, trade, logistics, financial and banking sectors and pharmaceuticals. Total investments of AIR member companies in Moldova amount to approximately EUR 76 million.

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