These measures will be made possible by a draft law being drawn up by the Ministry of Economic Development and Digitalization to implement the economic provisions of EU Directive 2019/1023 on restructuring and insolvency from January 16, 2026.
The project aims to improve the financial resilience of companies. It envisages the introduction of early warning tools to identify companies at risk, development of preventive debt restructuring mechanisms that reduce the likelihood of bankruptcy. The project also envisages “second chance” measures that allow bona fide entrepreneurs to recover from financial difficulties. This approach supports economic activity, promotes innovation and enhances the competitiveness of companies.
In addition, the project aims to improve the overall efficiency of insolvency procedures by making them more transparent and accessible to businesses.
The project development is supported by World Bank experts under the Moldova Growth, Resilience and Opportunities for Welfare (M-GROW) program.
Proposals and recommendations on the project will be accepted until January 30, 2026.
