Why source in Moldova?

Moldova remains a location of choice. The proximity of Moldova to the major European market countries is a marketable advantage which will persist and improve as fashion trends changes move remorselessly faster, and will keep Moldova a source of choice as other contiguous countries raise prices and costs. This move is demonstrable in the geographic shift of the apparel industries through Northern Eastern Europe, down through The Balkans, South Eastern Europe, and now through Romania, to Moldova and Ukraine.

Flexibility and short delivery time. Moldova manufacturers can ensure short delivery times to European markets, making it a perfect location for manufacturing of fashionable garments, and shorter run styles which need to be ordered closer to the market. Moldova can supply the products within 5-7 days to any location in Europe (compared to over 15 days for similar supply from Asia, in particular China), and this is an important factor given fast changing fashion and multiple collections during the year. Thus, Moldova remains a location of choice, and has the opportunity to be so in the future. Moldovan companies are very flexible from point of view of order size. They are able to execute big orders, as well as small ones.

Competitive prices. Moldova has a skilled labor pool that is available at very competitive prices. Today, Moldova offers a very competitive cost of labor in Europe.

Long standing experience with well-known European brands. Moldovan manufacturers have been working for many years with known brands – both fashionable and mass market brands – from Italy, Germany, Netherlands, France, Austria, Belgium, Great Britain, which demonstrates the manufacturer’s ability to work with all levels of quality.

Platform for manufacturing and exporting both to CIS and to the EU

Market access through 42 Free Trade Agreements including: WTO members (worldwide), Autonomous Trade Preferences (EU countries), CEFTA members (most Balkan countries), CIS members (except Tajikistan)

Considerable network of operational Double Tax Treaties and Investment Protection Agreements

EU quality and social standards correspondence and tax and customs framework close to the EU

Competitive general corporate income tax (CIT) rate in the region – 12%

Favorable visa regime