EBRD Project - Moldova - Mobilier Furniture
Mobilier is a Moldovan family-owned furniture maker. Started in the early 2000;s it started off with just 5 employees, but the company’s management always thought big. The ultimate goal was to take the Moldovan furniture industry to a high-quality, professional level.
They started their operations in the market by distributing materials for furniture production, and have since become a large manufacturer and exporter of furniture.
But the transformation from an importing company to an exporting one did not happen overnight. When they decided to start producing furniture, they had to purchase modern equipment and invest in machinery.
Mobilier.MD received funds from a joint credit line programme of the EBRD and the European Union (EU). One year after the investment, the market share and sales of the company had increased by 20 per cent.
Mobilier's furniture is now available on the European market which is the ultimate source of pride for all 110 employees of the company.
The EU4Business-EBRD Credit Line targets companies in three countries to enable access to finance, new technologies, new markets. The eligible small businesses receive funding through partner banks in these countries. They also receive technical assistance and, upon successful completion of their investment plans, grant incentives, both funded by the EU.
The programme directly benefits people in many ways: business owners can meet their aspirations to run modern, well-equipped enterprises. Employees can learn much from state-of-the-art equipment and technology, master new skills and become a competitive skilled workforce, while also enjoying a secure working environment. Consumers locally and abroad have access to products of the highest quality.
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