The International Stock Exchange (ISE) of Moldova officially registered with the Public Services Agency (ASP), entering an institutional stage with a legal basis and operational mandate to develop the capital market in the Republic of Moldova. The Exchange’s Board of Directors includes former Prime Minister Dorin Recean, representing one of the major shareholders – the Public Property Agency (APP), IPN reports.
Official registration allows ISE to diversify financing sources, increase access to capital, and strengthen ties with regional financial markets. The institution will support the private sector and long-term investments.
Veronica Aprintin, former Secretary of State at the Ministry of Economic Development and Digitalization (MDED), serves as General Director, and economist Andrian Iastremschi is Deputy Director. Strategic decisions are made by the five-member Board of Directors, which includes Dorin Recean.
ISE operates as a joint-stock company, with its shareholders including financial institutions and strategic investors in banking, insurance, and capital market infrastructure. The shareholding structure is: Bucharest Stock Exchange – 26.67%, Public Property Agency – 20%, Donaris Vienna Insurance Group – 11.67%, maib – 10%, GRAWE Carat Insurance – 10%, Moldindconbank – 6.67%, MK Kredit Company – 5%, OTP Bank Moldova, Moldcell, and Premier Energy PLC – 3.33% each.
After registration, ISE will enter an operational preparation and authorization phase and will apply for a market operator license from the National Commission for Financial Markets, with the submission planned for March 30, 2026.



