Market Trends of Moldova Facility Management Industry
This section covers the major market trends shaping the Moldova Facility Management Market according to our research experts:
Commercial Buildings Segment to Hold Significant Share in the Market
- The Facility Management in Moldova is still growing; very few companies, such as Glemus and Smartlinks S.R.L, are the only country-specific FM-providing companies. The country's lack of large-scale industrialization and poverty are the major restraints to the emergence of FM companies.
- Most cities, such as Chisinau, Codru, etc., opted for property management as a facility management segment with rental of luxury houses and apartments as their services. Glemus company has its spread in property management wholly while Smartlinks S.R.L provides complete facility management services.
- The growing investments and spending on construction works improve the chances of implementing facilities management services, and there has been a growing trend in the value of construction work replicates the adoption of facility management.
- As per the National Bureau of Statistics of the Republic of Moldova, in 2021, construction works were segmented as residential buildings with RON 3973.3 Million, non-residential buildings with RON 3796.1 Million, while engineering structures which are mostly commercial buildings, valued at RON 6579.8 Million.
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Energy Management Service Requirement Drives the Facility Management Market
- The energy performance in residential and non-residential buildings is low in the Republic of Moldova. The public sector in Moldova (which includes central government and municipal buildings, as well as facilities and street lighting) is a large energy user. While there is no centralized database of public buildings or energy use, some data exists at the Energy Efficiency Agency.
- A substantial amount of the existing building stock was constructed during the Soviet era and has not been properly maintained. Most have low thermal performance, and thermal losses account for about 50 percent of the heat consumption in the country. Moldova also has the 3rd National Energy Efficiency Action Plan (NEEAP), which includes EE measures in the public buildings sector.
- Many of the public buildings in Moldova (particularly kindergartens and schools) are underheated and need maintenance and repair. Another challenge is the rate of use of the area of public buildings. Many public buildings have broken roofs, windows and floors, and poor insulation. Thus, these buildings have a high technical potential for energy savings. For such buildings, the investment costs and typical payback periods of EE investments may be under-estimated in the energy audits.
- The Regional Programme for energy efficiency in public buildings has estimated a cost of EUR 200-300/square meter for 'deep renovation' and energy efficiency projects in Moldova. Underheating and structural rehabilitation are common in the region, and some measures to address this can be included in typical EE investments.
- However, to recover the full investment cost from EE savings, such investments in structural rehabilitation or upgrading comfort levels need to be limited so that the investment costs can be recovered through energy cost savings in no more than 12 years.
