Control Of Investments Legislation Entered Into Force

Through its 11 November 2021 law ("Law 174/2021"), the Moldovan Parliament approved the rules on control of investments into sectors important for the security of the state. Law 174/2021 applies equally to local and foreign investors and entered into force on 19 November 2021.

What are the relevant sectors?

These are as follows: (a) activity in the hydrometeorological and geophysical field; (b) radioactive waste management; (c) operation of energy (including electric energy, natural gas and petroleum products), transport, water and sewerage, aerospace, defence, election infrastructure; (d) exploitation (exploatarea) of artificial intelligence, robotics, semiconductors, cybersecurity, aerospace, defence, quantum and nuclear technologies, nanotechnologies and biotechnologies; (e) production of protection for cryptographic information; (f) production and purchase for the purpose of resale of state secret protection means; (g) production of explosive materials