INNOVATIVE SOLUTIONS FOR GLOBAL SUCCESS
ABOUT IBB
Inga Burac
An accomplished attorney with extensive experience in the legal industry. Holding a law degree from Moldova State University and practicing law over 25 years. Ms. Burac has accumulated a vast experience in international law during her activity as a Judge in the International Arbitration alongside the Association of Administrators and Liquidators from Moldova. Later she continuously has worked with clients in Moldova as well as other Eastern European countries.
Additionally, she has native fluency in Romanian, Russian, and also speaks English. Her impressive track record and expertise in the legal field have earned her numerous awards and recognitions.
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About Moldova
Moldova is a small, landlocked country in Eastern Europe that has been undergoing political and economic transition since its independence from the Soviet Union in 1991. Moldova has a population of about 2.7 million people.
Moldova has a civil law legal system with codified laws that govern different aspects of business, trade, and economy. This civil law legal system is quite different from the US system of common law, increasing barriers to cross-border trade in the absence of a Moldovan-trained legal expert.
Moldova’s recent and near-term GDP growth suggests tremendous opportunities for cross-border commerce. In the next 5 years, Moldova’s GDP is expected to almost double. Moldova's main trading partners are the European Union (EU), Russia, Ukraine, and Turkey.
Other Eastern European countries
Many Eastern European countries have experienced significant economic growth in recent years. Countries like Poland, Hungary, Czech Republic, Romania, and Bulgaria have shown strong economic performance and attracted foreign investment. The region's growth is driven by factors such as skilled labor, competitive costs, improving infrastructure, and favorable business environments.
Eastern Europe serves as a bridge between Western Europe and Asia, making it a geographically strategic location for trade and investment. The region's proximity to major European markets offers access to a large consumer base, while its connections to emerging economies in Asia provide opportunities for trade and investment diversification.