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Establishment and development of small and medium business in the Republic of Moldova in the context of independence

The independence of the Republic of Moldova in 1991 had both positive and negative consequences. It has contributed to the severance of many economic ties between the former Soviet republics and regions of the former USSR, to the supply of raw materials, heaters, many markets have been lost, a large part of the able-bodied population has lost source of income etc. On the other hand, the privatization of public patrimony has taken place, the number of owners has increased signifificantly, now the state of the Republic of Moldova guarantees to all citizens the respect of social, economic, cultural rights, political freedoms, etc. It is the foundation of the market economy. A special place in the formation of the market-based economy belongs to small and medium-sized enterprises, which are the main sector of the national economy and the most important factor in the absorption of labor.