Cabinet approves the creation of the Joint Stock Company “International Stock Exchange of Moldova” with an initial authorized capital of about 30 million lei (1.5 million euros)
According to the government and the Public Property Agency, this is about creating a strategic institution designed to strengthen the financial stability of our country. A memorandum of understanding expressing joint commitment to the creation of this stock exchange was signed on September 15, 2025, in Chisinau during Moldova Business Week. As part of this partnership to establish the Moldova International Stock Exchange, the state and representatives of the banking, financial, telecommunications, and energy sectors are seeking to create a modern, transparent, and competitive capital market. It is noted that the capitalization of the Moldovan stock market currently stands at 3-7% of GDP, compared to 10-30% in Eastern Europe and more than 65% in the EU. The new institution will help to reduce this gap, and investments in it over the next decade are estimated at up to €300 million. The International Stock Exchange of Moldova will be organized as a joint-stock company with an initial authorized capital of about 30 million lei (€1.5 million). The state, represented by the Public Property Agency, will hold 20% of the shares, financed from sources provided for in the 2025 State Budget Law. A subsequent capital increase is planned for the 2026 fiscal year. The share capital structure will be as follows: Bucharest Stock Exchange – 26.67%, Public Property Agency – 20%, Moldova Agroindbank – 10%, DONARIS Vienna Insurance Group – 11.67%, Grawe Carat Asigurări – 10%, Moldindconbank – 6.67%, MK Kredit Company – 5%, OTP Bank Moldova, Moldcell, and Premier Energy – 3.33% each. The new stock exchange will allow companies to access alternative sources of financing through the issuance of shares and bonds. By increasing market transparency, it will strengthen the confidence of local and international investors. “This initiative contributes to the diversification of economic financing instruments and reduces dependence on bank lending. This government decision ensures Moldova's compliance with European standards in the field of capital market regulation and supervision,” the Public Property Agency emphasized. // 15.10.2025 – InfoMarket.
