Strengthening the competitiveness of state-owned enterprises by bolstering corporate governance

Project goal and objectives
Project goal: Promoting good governance within state-owned enterprises in the Republic of Moldova through institutional reforms and capacity building for the state and the targeted enterprises.
Objectives:
Developing and institutionalizing a set of corporate governance tools for state-owned enterprises;
Enhancing the capacities of the Public Property Agency (PPA) and state-owned enterprises in promoting corporate governance.
Implementation period: November 2021 – November 2022
General context: This project aims to support the Public Property Agency in strengthening the governance of state-owned enterprises. The project will ensure the continuity of a previous initiative implemented by Expert-Grup with the support of the Soros Foundation Moldova between 2020 and June 2021. Under that earlier project, five enterprises (Franzeluța, Moldtelecom, Moldovagaz, Sanfarm-Prim, and Red-Nord) benefited from training, assessments, tailored action plans, and personalized mentoring across three key areas: (i) the development of new governance codes aligned with OECD principles; (ii) internal control procedures; and (iii) digital modules regarding corporate transparency.
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Related events

Round table: Reform of state-owned companies and the Public Property Agency: current situation and immediate priorities
Le Roi
Thursday, 5 October 2023 10:00

Invitation: Presentation of the White Book of Good Governance in the Sector of State-Owned and State-Controlled Enterprises
Wednesday, 30 June 2021 10:00 (Ora Chișinăului)
Related publications
Proposals for improving the draft on nominating and remunerating members of state-owned company boards
Politici de creștere economicăSectorul PublicFinanțe publiceTuesday, 28 February 2023

Ecaterina Rusu
Programme Director, "Trade Policy and Free Trade Area"

Stas Madan
Programme Director, "Business Environment and SMEs"
Institutionalising good governance tools for state-owned enterprises: Governance Code, Regulation on the Nomination and Evaluation of Boards
Politici de creștere economicăSectorul PublicFinanțe publiceThursday, 2 February 2023

Ecaterina Rusu
Programme Director, "Trade Policy and Free Trade Area"

Stas Madan
Programme Director, "Business Environment and SMEs"


