In less than a decade, Smart Data has grown from a local startup into one of Moldova’s top 50 IT companies. Founded in 2013 by two young technology enthusiasts, the company is now expanding to Nordics through its participation in TechStep Sweden, a joint initiative of the Invest Moldova Agency, Open Trade Gate Sweden, Moldova Innovation Technology Park, and the National Board of Trade Sweden. The program connects Moldovan technology firms with Sweden’s innovation and business ecosystem.
Smart Data is one of only ten Moldovan enterprises selected for the 2025 edition of the program. The company specializes in full-stack enterprise-level software development for governments, corporations, and startups — covering web and mobile applications, IoT systems, UX/UI design, DevOps, and machine learning.
Its portfolio includes clients across five countries, such as Beetroot AB (Sweden), GetHeli (United Kingdom), New Harbinger Publications (USA), Liftngo (Canada), and ANNEA.ai (Germany), alongside local partners including Efes Vitanta Moldova Brewery, Moldovagaz, and Air Moldova.
“For Smart Data, TechStep provides clarity in our commercial positioning on the Swedish market and a direct opportunity to demonstrate the value of our solutions to potential clients. By combining tailored mentoring with strategic meetings, the program accelerates our entry into the Nordic market and supports our growth vision.”,
said Andrei Martinenco, CEO and founder of Smart Data.
Connecting Moldova’s Tech Industry with Sweden’s Innovation Ecosystem
Launched in January 2025, the TechStep Sweden program helps Moldovan IT companies explore export opportunities in the Nordic region. Participants gain access to Sweden’s most prominent technology events — including TechArena, Stockholm Tech Show, and Epicenter Stockholm — and benefit from expert mentoring, consulting, and logistical support coordinated by the Invest Moldova Agency.
Smart Data has set ambitious objectives for the program’s duration, including 25 discovery meetings by June 2026 and the signing of a strategic partnership agreement by year-end.
“We benefit from hands-on training, visibility at major events, and opportunities for product validation. Our long-term goal is to develop a structured export plan, expand our network to 100 potential partners, and secure key contracts in the Swedish market”,
added Andrei Martinenco.
Moldova’s IT Exports Continue Strong Growth
According to the National Bureau of Statistics, Moldova’s IT service exports surpassed USD 700 million in 2025, marking a 15% year-on-year increase. The sector remains one of the fastest-growing in Eastern Europe, with an average annual export growth rate of 20% over the past decade. More than 90% of Moldova’s IT services are exported, and overall export volume has grown elevenfold since 2015.
The Moldova Innovation Technology Park (MITP) continues to underpin this growth, offering one of the region’s most competitive tax regimes — a single 7% tax on turnover — and a regulatory framework designed to attract technology investment and foster innovation.
