The Republic of Moldova has signed a memorandum of understanding for a €20 million investment to establish its first factory dedicated to manufacturing electric vehicle (EV) charging station components. The agreement was concluded during Moldova Business Week 2025 between Moldova’s Zener Group, China’s New Energy Technology, and Horizon Auto.
The facility, to be built in Strășeni, will produce equipment for charging stations and energy storage systems for electric vehicles. The project is primarily oriented toward exports to European markets and is expected to strengthen Moldova’s role in the region’s electric mobility value chain.
According to the Invest Moldova Agency, which facilitated discussions between the partners, this investment represents one of the largest Chinese-backed industrial projects in the country to date—over 20 times larger than previous investment levels from China. Officials said the project reflects both an increasing interest from Asian investors and a growing capacity of Moldova’s investment environment to attract large-scale, high-technology ventures.
“We are investing €20 million to build a modern, fully automated factory for the European market,” said Mu Dayong, representative of New Energy Technology. “Our goal is to develop a solid production base for energy charging and storage technologies, contributing to the development of the region and to Moldova’s integration into European value chains.”
The project will create several dozen direct jobs, primarily in electrical engineering, logistics, and production management, supported by a high level of automation in the manufacturing process. It is also expected to bring indirect benefits through the development of local suppliers and increased exports of EV-related technologies.
Trade data show Moldova’s exports of EV components have risen by over 50% in the past five years, with major destinations including the Netherlands, Ukraine, and Romania. Imports from China have also shifted toward higher-value goods, including smartphones and photovoltaic cells, indicating a gradual move toward technology-based trade between the two countries.
Authorities view the project as a significant step toward strengthening Moldova’s industrial capacity in the green technology sector. The initiative aligns with the government’s broader goals to promote investment in high-value-added and sustainable industries.
“This investment confirms that the Republic of Moldova is ready to participate more actively in global value chains,” said Natalia Bejan, Director of the Invest Moldova Agency. “It demonstrates investor confidence in the country’s business environment and reinforces Moldova’s position as a credible partner in the green transition and European economic integration.”
Nicu Danilov, co-founder of Zener Group, said the collaboration marks an important milestone for both the company and the Moldovan economy. “Through the construction of the factory in Strășeni, we will produce advanced components for electric mobility infrastructure, create skilled jobs, and strengthen our country’s position in European value chains,” he said.
With construction expected to begin soon, the Strășeni facility represents a key development in Moldova’s efforts to diversify its economy and attract foreign investment in high-technology manufacturing sectors linked to Europe’s clean energy transition.
