Investigation about the main effects of the Covid-19 pandemic on the performance of Moldova firms

Abstract EN

This paper investigates the impacts of COVID-19 pandemic on businesses at the firm level for a sample of 360 company in Moldova.

Using data from the Beeps datasets in 2020.

Following the analysis of the information collected, the effect of COVID-19 pandemic on MOLDOVA firms touched different sides such as finance, sales and labour.

Starting with the closure of the majority of the firms in MOLDOVA for period until 9weeks, the pandemic causes a decrease in the worked hours per week followed by a decrease in the firm's sales that push the firms to fall in arrears in the outstanding liabilities, delay payment for different parts, decrease in all of cash flows and a decrease in the demand for the products and services of the firms.

As expectations of the study, the sales and work-force of the Manufacturing firm are more appropriate to get back to normal comparing with the other firms.

The study recommends reduction of tax regulations and removing trade restrictions for firms to cope with the pandemic.