FEZ “Balti”

A modern vocational training center, TechZone, created by FEZ “Balti”, will be launched in Chisinau on December 5. The project aims to overcome one of the key obstacles to the growth of the industrial sector – the lack of qualified labor force and practical skills-oriented educational infrastructure.

“The prospects for the development of the Moldovan economy remain uncertain due to the presence of many constraints and the lack of multilateral and well-thought-out plans for progressive development.” This was stated by Marin Ciobanu, chairman of the Association of Employers of the Manufacturing Industry (APIP), at a meeting of the Economic Press Club on September 23.

German-owned company BauTex Composites has invested more than 18 million euros in the construction of a state-of-the-art fiberglass-based materials plant in Straseni, Logos Press reports.

The Austrian School of Moldova (SAM) named after Erhard Buzek, which is taught in German and English by Austrian teachers, has started its work in the free economic zone “Balti” with the beginning of the new academic year, – reports Logos Press.