Moldova: Zener Group, New Energy Technology Sign Deal for €20 Million Electric Vehicle Charging Station Factory

0
10
File photo

Zener Group of the Republic of Moldova has signed a Memorandum of Understanding (MoU) with Chinese firm New Energy Technology and Horizon Auto for the establishment of a €20 million manufacturing facility in Strășeni, which will be dedicated to producing components for electric mobility infrastructure.

The deal was signed recently during Moldova Business Week 2025.

The facility — the first of its kind in the country — will produce equipment for charging stations and energy storage systems for electric vehicles, with a strategic export orientation towards the European market.

This investment represents one of the largest Chinese projects in the Republic of Moldova in recent years, exceeding by more than twenty times the level of investment capital previously attracted from China.

The Moldovan-Chinese strategic partnership not only underscores the growing interest of Asian investors in the local market but also reflects the maturing investment climate in the Republic of Moldova, which is increasingly capable of attracting large-scale projects in high-tech sectors. The country’s strategic geographical position and nearshoring advantages played a key role in the decision-making process regarding the location of the investment.

Recent data confirm Moldova’s focus on high-value technologies and its growing role in electric mobility supply chains. Imports from China now include high-tech goods such as smartphones and photovoltaic cells, while Moldovan exports of EV components have increased by more than 50% over the past five years — with the Netherlands, Ukraine, and Romania as the main destinations.

This development highlights Moldova’s gradual integration into European value chains and opens new opportunities for bilateral cooperation with China in high-tech and green transition areas.

In turn, the representative of the Chinese company, Mu Dayong, emphasized the project’s strategic importance:

“We are investing €20 million to build a modern, fully automated factory for the European market. Our goal is to develop a solid production base here for energy charging and storage technologies, contributing both to regional development and to the integration of the Republic of Moldova into European value chains.”

The Strășeni factory will create dozens of direct jobs, given the high level of automation and semi-automation of the assembly line. The positions will primarily be in electrical and electronic engineering, logistics, and production management. The investment will also generate indirect benefits by developing local suppliers and boosting exports of technologies and components for electric vehicles.

The project contributes significantly to the development of the green technology sector in the Republic of Moldova and to enhancing the country’s economic capacity in electric mobility. Through the involvement of the Invest Moldova Agency, which facilitated dialogue with investors and supported project implementation, the investment demonstrates the government’s commitment to promoting strategic partnerships and creating favorable conditions for attracting foreign capital in high-tech industries.

“This investment confirms that the Republic of Moldova is ready to actively participate in global value chains. It validates the direction we have chosen — the technological advancement of industry and the development of high value-added sectors. The project not only demonstrates investor confidence in our business environment but also strengthens Moldova’s position as a credible partner in the green transition and in the modern European economy,”
said Natalia Bejan, Director of the Invest Moldova Agency.

“This investment, carried out in partnership with New Energy Technology Co., marks a pivotal moment for Zener Group and for the economic development of the Republic of Moldova. Through the construction of the factory in Strășeni, we will produce advanced components for electric mobility infrastructure, create dozens of skilled jobs, and strengthen our country’s position in European value chains. This project not only attracts significant foreign capital but also demonstrates Moldova’s potential as a technological hub in the green transition,” Nicu Danilov, co-founder of Zener Group added.


Discover more from Energy News Africa

Subscribe to get the latest posts sent to your email.