The EBRD is launching a new online platform to assist Moldovan businesses with legal and financial issues after the Covid-19 pandemic.
In particular, the European Bank for Reconstruction and Development will launch an online resource https://ghidulafacerii.ebrd.md with legal and business advice to support micro, small and medium-sized enterprises (SMEs) in order to intensify their response to new challenges after the Covid pandemic -19. The site also has a separate section for Moldova, which presents legal and financial recommendations in the state language of the country, developed with the financial support of the UK government through the Good Governance Fund. The launch event of the named platform will take place on September 9, and it will be organized by the EBRD together with the Green Development Fund (GGF), the Organization for the Development of the Small and Medium Enterprise Sector (ODIMM) of Moldova, the Economic Council under the Prime Minister of Moldova, the law firm Gladei and Partners and the BDC Creative business school. The new website https://ghidulafacerii.ebrd.md offers specialized guidance to help Moldovan SME owners and managers meet the requirements of suppliers, customers and employees, deal with operational and financial problems, and go through the restructuring process. The platform also provides legal advice in the areas of corporate law, employment and insolvency, areas where small businesses require knowledge and information. The site contains the following six modules: 1. Development of a business strategy; 2. Successful personnel management; 3. Effective business management; 4. Digitization of business; 5. Effective financial management; 6. Business restructuring. Models and case studies complement the guide and help users apply concepts in their daily work. Registration is not required to use the site. To develop guidelines for Moldovan enterprises, the EBRD team worked closely with the Prime Minister's Economic Council Secretariat and the Organization for the Development of the Small and Medium Enterprise Sector (ODIMM), as well as with other local business associations and organizations in Moldova. British Ambassador to Moldova Steven Fisher noted that small and medium-sized enterprises account for about 30% of Moldova's GDP, 98% of all enterprises and provide more than 330 thousand jobs in the country. According to him, the British government was pleased to support this excellent initiative, which will help companies survive and prosper, preserve jobs and sources of income for many thousands of Moldovan citizens. The EBRD Country Manager for Moldova Angela Sax said that the SME sector in Moldova is a key element for the country, including employment and growth. “This new initiative is a sign of our continued support for SME development through funding, advice and technical assistance,” she said. In turn, ODIMM CEO Iulia Costin said that “this virtual platform will help entrepreneurs and will become an important source of information to improve the knowledge and business skills of managers and employees of Moldovan companies. // 06.09.2021 — InfoMarket
