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News from Members Filip & Company provides legal assistance in the establishment of the International Stock Exchange of Moldova

Filip & Company provides legal assistance in the establishment of the International Stock Exchange of Moldova

by Filip & Company November 18, 2025

Filip & Company has provided legal assistance in the establishment of the International Stock Exchange of Moldova, a project that is essential for the development of a modern capital market connected to regional and international financial flows.

On 31 October 2025, ten strategic partners signed the Shareholders’ Agreement, marking a major milestone for the operationalization of the new stock exchange institution in the Republic of Moldova. The agreement was signed by the Bucharest Stock Exchange (BSE), Agenția Proprietății Publice, maib, Donaris Vienna Insurance Group, GRAWE Carat Asigurări, Moldindconbank, @MK Kredit, OTP Bank Moldova, Moldcell and Premier Energy România.

The project implementation schedule provides for the official registration of the International Stock Exchange of Moldova on 2 December 2025, followed by the completion of operational preparations, including the implementation of internal procedures and trading mechanisms, by 30 March 2026. The process will be completed once official authorization has been obtained from the National Commission for Financial Markets (CNPF), estimated for 30 June 2026.

“This project is a strategic milestone in the strengthening of the capital market in the Republic of Moldova, achieved through collaboration between public institutions, market operators, and investors with a long-term vision. We are honoured to contribute to such an important initiative, which opens a new chapter for development, modernization, and international connectivity. We would like to thank all the partners involved for their collaboration, professionalism, and trust”, said Olga Niță, partner at Filip &Company.

Over the last years, Filip & Company has been successfully involved in many benchmark transactions on the Romanian capital market, whether they were share or bond offers, as well as in all the bond issues of the Romanian State on external markets. The Filip & Company lawyers are ranked first in the most prestigious international directories - Chambers and Partners, Legal 500 and IFLR in the Capital Markets practice, both as a team as well as individually, and Alexandru Bîrsan is included in the Legal 500’s “Hall of fame” for this practice area.

Filip & Company

Filip & Company is one of the leading law firms in Romania providing top quality assistance in all relevant areas of law for businesses operating in Romania or considering Romania. Specialized in complex projects that require an innovative approach, Filip & Company lawyers have significant experience in various areas, such as infrastructure and concession, mergers and acquisitions, energy, corporate, real estate, competition law, finance, and capital markets but also labour law, data protection, consumer or environment protection. The law firm also provides legal assistance and representation in disputes and arbitrations with significant implications for the clients’ businesses. Please visit www.filipandcompany.com to find out more about Filip & Company’s expertise areas and team.

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