The performance of a location and its success nationally and internationally strongly depends on the close cooperation of politics, industry, research institutions and universities.
Close cooperation, exchange of experiences, working out common goals and concentrating on their own strengths are the distinctive characteristics of clusters.
Today, innovations are mainly developed in cooperation with others. The difficult part is to find the right and trustworthy partners. Clusters offer outstanding opportunities for this because they create an environment in which proximity, familiarity and support promote cooperation.
,,Automotive Cluster Moldova” (ACM) is the first cluster created in the Republic of Moldova. The initiative to create ACM occurred spontaneously, as a reaction to market requirements and valorisation of interconnections between companies, local and central administration and also research and training institutions, based on the “Triple helix” model.
The Automotive Sector in the Republic of Moldova is a relatively new one, but having the highest dynamic growth thanks to the investments made by well-known foreign companies in this field. The investments attracted in the Automotive Sector and the future ones speak about the development potential of the Automotive Sector, at the same time having a major role in the consolidation of the country’s economic growth potential and raising the industrial performance level.
On the other hand, the investments in this sphere face numerous obstacles and risks, particularly marked by the unprecedented intensification of competition and that is why a cooperation platform between enterprises, by the consolidation of networks of finished products’ suppliers and manufacturers, cutting some costs, modernization, diversification and increasing the quality of production, is necessary to be created including in the Republic of Moldova.
Automotive Cluster Days was designed in order to create a favourable platform for establishing reciprocally advantageous connections between multinational corporations manufacturing automotive components and potential local and international suppliers in the automotive industry.
The connection of local suppliers to transnational corporations (TNCs) shall also contribute to the increase of the number of employments and local skills, technology transfer and capital supply for domestic small and medium-sized enterprises (SMEs).
