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The automotive industry of Moldova is experiencing a dynamic growth, with its contribution to the GDP amounting to 12.7% - Dorin Recean

The automotive industry of Moldova is experiencing a dynamic growth, with its contribution to the GDP amounting to 12.7% - Dorin Recean

Prime Minister said this during a visit to the Quality Hub company’s branch in Glodeni, which operates in the automotive industry. The company employs 76 employees, besides about 200 workers in Balti. According to the government's press service, the enterprise's manager, Eduard Binzari, and the production chief, Mihail Mahu, showed Prime Minister the factory, where steering wheels of the well-known car brands - Dacia, Fiat, Volkswagen, Renault and Audi - are currently lined. Prime Minister said that, despite the regional context, the car industry in Moldova is experiencing a dynamic rise, thanks to the advantages of the free economic zones and the measures taken by the government to support the business environment. “Moldova provides internationally recognized companies with a favorable environment for growth and export-oriented production,” Dorin Recean said. Quality Hub is an international company with Romanian capital, with more than 15 years of experience in the assembly and quality assurance of products in the automotive, electronic and microelectronic industries. Currently, the automotive industry in Moldova employs more than 19,000 people. The sector continues to make a significant contribution to the gross domestic product - 12.7%, according to data for 2022. // 02.10.2024 - InfoMarket.

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