It is noted that the regulation approved by the Government will allow creation of an Interdepartmental Commission, which, based on the data provided by the National Bank of Moldova, will assess the company’s financial situation, potential impact on the market and decide whether there is a justified public interest for state intervention.
Moldasig's market share is 15.4%, the staff is about 600 people, and the client portfolio is over 170,000 people. In 2023, the company's GWP amounted to almost MDL 500 million, thereby positioning itself among the market leaders.
The offer to sell 80% of Moldasig was first made in 2017, but so far all attempts to sell have been unsuccessful, as no investor has been found. If the shares are not sold by June 2025, when the last legal deadline for sale expires, the company will be forced to buy them back from its own funds, which could result in capital reduction and loss of its license.
The company states that the process of attracting at least one strategic investor is at an advanced stage. By attracting an investor, Moldasig aims to strengthen its leading position, diversify its product portfolio to respond as effectively as possible to customer needs and expand its operational capacity. The targeted strategic partnership will bring not only financial capital, but also international expertise, support for digitalization and innovation, which will have a positive impact on the entire market and the national economy, the press release says.
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