Thanks to the EU’s “Livada Moldovei” program: 530 companies received loans totaling 92 million euros

Since the Livada Moldovei program was launched in 2016, more than 530 companies have received loans on favorable conditions for a total amount of 92 million euros. These important achievements were highlighted by the EU Delegation in Moldova, which reported that during 2023 alone, loans totaling about 16.5 million euros were granted to economic agents. These funds were used to finance 109 initiatives of Moldovan farmers.

This year, the criteria for participation in the Livada Moldovei program were extended, now covering horticulture and the entire agri-food sector. From the beginning of 2024, economic agents engaged in horticulture, viticulture, animal husbandry, fish farming, fishery production, tourism, beekeeping, and cereal crop cultivation will be able to receive financing for the development of their business under more favorable conditions: loan term of up to 10 years, a grace period of 4 years, an attractive interest rate and a financial ceiling.


Another 28 million euros are also available to support the development business. It is important to note that Moldovan products are becoming more in demand in the European markets. The regulation, which allows Moldovan farmers to export twice as many products in seven categories (plums, grapes, apples, grape juice, cherries, tomatoes, and garlic) to the European Union without paying customs duties, was extended for another year. The quotas were significantly increased, although Moldovan agricultural producers were not able to fully utilize all export quotas during 2023. According to the National Bureau of Statistics, from January to September 2023, 64% of Moldova’s exports were sent to the European Union, which is 5% higher than in the same period last year.

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