Moldova Innovation Technology Park (MITP), the first e-park in Europe and a main pillar of the tech and innovation industry in Moldova, brings together over 2,370 resident companies from 43 countries. For 2025, MITP estimates the revenues generated by resident companies at 1 billion euros, with an increase of 30% compared to 2024, confirming the potential of the IT sector as an engine of economic growth for Moldova. MITP resident companies have managed to establish themselves regionally and globally, transforming Moldova into a true innovation hub.
Moldova Innovation Technology Park (MITP), the first e-park in Europe, was created in 2018 by the Government of the Republic of Moldova. One of MITP’s objectives is to be a central pillar and access point to a top regional destination for tech products and services. MITP currently has over 2,370 resident companies, of which 533 joined in 2024 – the largest annual increase since the park’s inception. It is a clear signal of Moldova’s growing attractiveness in the eyes of international investors, thanks to a competitive tax regime, a stable business environment and Moldova’s recognition as an emerging tech destination in Eastern Europe. Most resident companies are from Ukraine (42) and Romania (41), but also from other 43 countries: USA, Germany, UK, Russia, Italy, Ukraine, France, Netherlands, etc.
“The regional geopolitical context played a decisive role: if in 2021 there were only three Ukrainian companies in MITP, in 2024 their number increased 14 times, amid strategic relocations caused by the war. At the same time, companies with Romanian capital almost doubled in three years, influenced also by the tax changes in Romania applied to the IT industry,” said Marina Bzovîi, MITP Administrator.
MITP has transformed from a local technology hub into a pillar with major influence on the national economy and Moldova’s international positioning in the technology sector. The IT sector has consolidated its position as one of the main pillars of the national economy, with its share in GDP reaching 6.3% in 2024, a significant increase from only 1.8% recorded in 2015. This rapid rise is the direct consequence of the development of technology companies, attractive tax policies, and the fact that foreign investments have continued to arrive in Moldova.
“We have reasons for optimism for 2025: we estimate that the revenues of MITP resident companies will exceed the 1 billion euro threshold, with an increase of about 30% compared to 2024, when revenues of 785 million euro were recorded. This clearly confirms that the IT sector has solid and sustainable growth potential, being a real engine of the Moldovan economy,” said Nadejda Hodus, MITP Financial Manager.
MITP stands out for companies that have managed to establish themselves regionally and globally, transforming Moldova into a true innovation center. For example, Parkopedia – founded by Eugene Tsyrklevich, the company started with a small local equipment and ended up providing smart parking solutions for top car manufacturers such as BMW, Audi and Toyota. Parkopedia was recently acquired by EasyPark Group, remaining under the management of the founder, and continues to develop its products in Moldova, benefiting from the advantageous fiscal and administrative environment offered by MITP.
Another example Argus AI – the team formed by neurosurgeon Alexandru Andrusca and AI specialist Vladimir Verbulski created a virtual reality system for planning neurosurgical operations, much more accessible than traditional solutions. The product has already been successfully tested in real cases and is in the process of European certification, benefiting from the close collaboration between doctors and engineers and the favorable framework offered by MITP.
The economic impact of MITP is significant: in 2024, resident companies contributed 78 million euros to the public budget revenues, an amount four times higher than in 2017. Approximately half of this value comes from businesses established after the park’s launch. MITP is establishing itself not only as a successful model in the region, but also as an example of effective public policy, which creates jobs, attracts investments and enhances the country’s digital competitiveness.
The procedure for obtaining the residency title is simple, free and fast. More details on how companies can become residents of Moldova Innovation Technology Park here: https://mitp.md/p/web/taxRegime#devino-rezident
About Moldova Innovation Technology Park (MITP)
The Government of Moldova launched MITP in early 2018 as an innovative platform with a single tax of 7%, committed to developing the Moldovan technological ecosystem and increasing its competitiveness at the regional level. Residents of the park were offered simplified immigration procedures (IT Visa Program), reduced bureaucratic barriers and a virtual presence. MITP is the central point of access to the best services and incentives in the IT sector. MITP has proven its uniqueness by being a virtual structure operating in a multi-stakeholder governance model.
MITP’s mission is to act as a catalyst for investment in the IT sector by promoting flexible government policy, cultivating an environment conducive to ICT (Information and Communications Technology) innovation, and digitally transforming the economy through a strong IT sector that can unlock opportunities. Created for a period of 20 years, the park brings together over 2,370 resident companies from 43 countries.