Export of IT production from Moldova registers 35-per cent increase

The volume of export of the IT production from Moldova has reached 349.82 million dollars, up by 35 per cent against 2020 and is five-fold higher against the index from 2016.

According to data by the Economics Ministry, the results are due especially to the distinct fiscal regime in which those over 1,055 active residents of the virtual park, Moldova IT Park, work, of which 182 companies with foreign capital from 39 countries.

Despite the constraints imposed by the pandemic and in the regional context of development, the turnover carried out by the residents of the Moldova IT Park in 20211 exceeded by 49 per cent the income for 2020 and amounted to more than 6.8 billion lei.

The IT export markets are the EU member states, the United Kingdom, USA and Canada.

Source Link