Protection of employees in case of company insolvency: Moldova to request transition period from European Commission for creating mechanism

The Republic of Moldova will request a transition period from the European Commission in order to create a mechanism that would protect employees in case of company insolvency. This was announced by the president of the Parliamentary Committee for European Integration, Marcel Spatari.

The official emphasized that European norms require the creation, in each state, of a fund for the protection of employees in case of company insolvency or bankruptcy, and that the Republic of Moldova must also adopt the same rules in order to protect employees.

“In the Republic of Moldova, we do not have a mechanism that would protect employees in case of company insolvency. So, we do not have a special fund for these cases. Yet, according to European rules, each state must have a fund for the protection of employees in case of insolvency or bankruptcy of companies. Creating this fund means creating an institution or empowering an institution to deal with this. But this also implies certain costs for companies, such as insurance against the risk of becoming insolvent, and then, during that period of insolvency, employees would receive compensatory wages,” explained Spatari.

The MP stressed that creating the mechanism requires establishing a legal framework and going through several procedures, which could take a long period of time.

“To create this mechanism, a legal framework must be established, these funds must be collected, and this takes several years. Therefore, it is a mechanism that we do not have and for which we are requesting from the European Commission a transition period so that we can implement it later. This means negotiating with the European Union on specific areas, on specific mechanisms where there is flexibility,” the MP said.

Marcel Spatari added that integration into the European Union involves transposing multiple norms so that the same rules of the game apply to all companies within the single European market.

“I find it normal that on a common European market there should be the same rules of the game. We cannot favor our companies unfairly compared to companies from the European Union because it is the same market, and everyone must have the same rules of the game. One for all and all for one,” concluded Marcel Spatari.

In mid-December 2025, the Republic of Moldova received the green light from the 27 member states of the European Union to start technical discussions on the first chapters of accession negotiations. The decision of the EU Council marked Chisinau’s transition to a new stage in the process of European integration, after the completion of the screening phase – the analysis of the compatibility of national legislation with the EU acquis.