The EBRD’s investments in Moldova have accelerated since the start of Russia’s war against neighboring Ukraine: more than half of the total €3 billion invested since 1992 has come in the last four years. The all-time high was €525 million in 2022.
“The year 2025 was a landmark year for the EBRD’s operations in Moldova, reflecting the deepening of our partnership with the country at a crucial stage of its reforms and path to EU accession,” said Giuseppe Grimaldi, Head of the Bank’s Representative Office in Moldova. – We are proud to support Moldova’s efforts to build a more sustainable, competitive and stable economy”.
Moldova’s integration into the EU is one of the main drivers of reform, and the results of the EBRD’s investments reflect this. The Bank’s portfolio remains highly aligned with Moldova’s long-term development priorities, with 67% invested in sustainable infrastructure, 21% in the corporate sector, and 12% in financial institutions supporting the private sector.
During 2025, the EBRD expanded its support to Moldova’s energy security program, which has helped diversify the country’s sources of gas and electricity supply, reducing dependence on Russia.
The Bank also financed a major modernization of roads and transport corridors, improving Moldova’s regional transport accessibility and strengthening links to Romania, Ukraine and EU ‘solidarity routes’.
The EBRD also continued to improve the competitiveness of the private sector by providing new financing to agribusinesses, small and medium-sized enterprises and expanding partnership lending lines with local banks.
Overall, the Bank has invested almost €3 billion in 196 projects in Moldova since 1992.
