Moldova: Only 20 of 76 State-Owned Companies Are Profitable

Ion Dodon: Only 20 state-owned enterprises are making a profit

Only 20 out of 76 active enterprises and joint-stock companies with state capital are making a profit. This was reported by Ion Dodon, head of the Public Property Agency.

Ion Dodon

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This situation reflects the problems that have built up over the years in the management of state assets, he noted. The state currently controls 168 enterprises, but fewer than half of these are operational. The rest are in the process of liquidation, bankruptcy or are inactive.

“We have a total of 168 enterprises, of which only 76 enterprises and state-owned joint-stock companies are actively operating. The rest are in the process of liquidation, bankruptcy or are inactive. Around 20 of the 76 enterprises are profitable. This is the result of decades of inefficiency,” stated Ion Dodon.

By way of comparison, according to earlier reports from the Public Property Agency, by the end of 2025, out of Moldova’s 75 operating state-owned enterprises, 57 companies made a profit, whilst 18 ended the year with losses. The total net profit amounted to around 3.1 billion lei.

As previously reported by Logos Press, the head of the agency also touched upon the issue of remuneration for members of boards of directors. They receive a monthly allowance of 6,300 lei for this, to which additional payments may be added.

It is therefore necessary to amend the legislation governing the remuneration of senior executives. Ion Dodon emphasised, however, that he does not support the payment of remuneration simply for membership of the board of directors.

This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.

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