Advancing into the VIP Segment

Mihai Bostan from Chișinău, who holds an MBA, comes from modest roots. Around ten years ago, he went into business for himself in the booming construction industry. His company, M&M Comert, began supplying building supply centres with domestic products. But the ambitious young entrepreneur had his sights set much higher. In 2010 he happened upon an article about the Manager Training Programme, which has turned out to be the greatest driver behind his business so far, he says. Continue reading

From reed to raw material

In the sprawling Dnieper delta, where the mainland is replaced by ever smaller outcrops of land, thrives the fastest-growing renewable source of energy in huge quantities: reeds. It perhaps doesn’t come as a surprise that the locals have meanwhile developed ways to monetise this raw material that is available in such abundance. Continue reading

Fit for the European market

Roman Stefirta comes from Moldova. The medical doctor gave up his profession in 2004 and entered the pharmaceutical industry, a booming market at the time and still today. Just two years later, he founded his own company. Flumed Farm Ltd. produces liquid medicines, primarily for treating colds, for the domestic market and for exporting to the post-Soviet region. Inexpensive nasal sprays are the top sellers. Continue reading