The Republic of Moldova, a target for more and more foreign investors

Due to the late political and economic evolutions, the Republic of Moldova becomes more and more attractive to foreign investors. The foreign investments in the Republic of Moldova recorded an important increase in 2007, compared to 2006. The Vice-president of the Moldavian Legislative, Iurie Rosca assures that the Republic of Moldova is open to the cooperation with the foreign businessmen and has the ambition of becoming a truly functional economy.

The territorial Network of Ascent Group includes, besides the offices from Romania, (Bucharest and Arad) also offices in Bulgaria, Cyprus, the Republic of Moldova and Chisinau.

Daniela Ostafe, former coordinator of the Accounting and Finance department of Ascent Group in Bucharest was recently promoted as member of the Board of Ascent Group Romania (where the other members are Adela Cristea and Marcel Chiscan). In this position Daniela will coordinate the whole financial and accounting activity of the group in Romania.

Daniela joined the team of Ascent Group since 2005 having 5 of years experience in the fiscal and economic field, gathered in companies like Prisma and Archimedes Consulting Group.

Daniela graduated the Economic and Business Administration Faculty, with a degree in Accounting.

The first seminar for Identity Compass licensing in Romania took place in Bucharest during 2nd and 4th of March, 2007, at Novotel Hotel. On this occasion, Ascent Group has become the representative of Identity Compass in Romania. At the same time Ascent Group through its consultants has achieved the ability to licence this evaluation tool all over Romania and Republic of Moldova. Mr. Arne Maus, the founder of Identity Compass International GmbH, also attended at this seminar from Bucharest.

The Identity Compass® is an innovative personnel selection tool which uses an inventory of “thinking structures and preferences” to register how people think and make decisions in typical work situations. It points out what motivates employees, what their values and career goals are and give clear guidance as to which employees are likely to perform best in which situations and how improvement can best be achieved.

During June 6-7, 2006, Ascent Goup organized the first Ascent Business Forum in Chisinau, the capital of the Republic of Moldavia. 24 companies from 6 countries took part in the event (Romania, Italy, Greece, Cyprus, Germany and the USA) which showed interest for establishing business relations with the Republic of Moldova.

The debates were centered on the business environment problem in the Republic of Moldova and on the opportunities this environment offers. The participants appreciated that Moldova is a country with a rising potential regarding the investments and many of them showed their intention of starting businesses in this country.