EU4BUSINESS: SANDUNELU, A SUCCESS STORY IN TIMES OF CRISIS If you buy onions or carrots in one of the major supermarkets in the Republic of Moldova, you cannot but appreciate the nicely and safely packed produce made in Moldova. Chances are high that these are supplied by a beneficiary of the EIB Fruit Garden of Moldova credit line - SRL SanduNelu.
Photo: Half of SanduNelu’s investment was financed by a EIB Fruit Garden of Moldova loan (Picture: A. Musiuc)
In 2019, the family-owned company decided to SanduNelu to get all the paperwork ready for modernise production, reconstruct the packing loan disbursement by the bank. Photo:areas Half of SanduNelu’s investment waswashing, financed by a EIB Fruit Garden of Moldova loan and procure lines for grading, After the investment, SanduNelu started to calibration, weighing and packaging, which supply practically all supermarket chains (Picture: A. Musiuc) would allow the company to create optimal in the country. “It has not been easy to working conditions for employees and increase establish partnerships with them”, explains efficiency. The investment was worth just over the entrepreneur Ion Cojocaru. “It is very a million EUR of which EUR 492,000 were made important to have both the volume needed available through EIB Fruit Garden of Moldova for continuous supply of product and a very credit line. The company benefitted VAT and good quality.” The vegetables produced in import duty exemptions for all of the EIB- Răscăieţi on the lower Dniester River are financed equipment. In addition, the EIB Fruit easily identifiable by the trademark “Dniester Garden of Moldova project made business vegetables from Ion’s Garden” that the advisory support available, which helped Cojocaru’s recently got registered.
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NEWSLETTER OF THE DELEGATION OF THE EUROPEAN UNION TO THE REPUBLIC OF MOLDOVA | SEPTEMBER - OCTOBER, 2020
