Welcome to the power of:
Welcome to the power of:

Enterprises

A new era of private equity investment for Moldova is here
At Pyretus Capital, we’re on a mission to change the game for Moldova’s investment landscape.
With a €50 million Private Equity fund, we’re here to support small and medium-sized businesses that have big potential.
Our goal is simple: to spark growth and lasting change by connecting these businesses with the right investments and management expertise.
We see a future where Moldovan enterprises don’t just survive—they thrive, drive innovation, and set new benchmarks for ethical business practices.
By focusing on operational excellence, smart financial strategies, and purposeful growth, we aim to help Moldova reach a prosperous and sustainable future.
At Pyretus Capital, we’re on a mission to change the game for Moldova’s investment landscape.
With a €50 million Private Equity fund, we’re here to support small and medium-sized businesses that have big potential.
Our goal is simple: to spark growth and lasting change by connecting these businesses with the right investments and management expertise.
We see a future where Moldovan enterprises don’t just survive—they thrive, drive innovation, and set new benchmarks for ethical business practices.
By focusing on operational excellence, smart financial strategies, and purposeful growth, we aim to help Moldova reach a prosperous and sustainable future.
At Pyretus Capital, we’re on a mission to change the game for Moldova’s investment landscape.
With a €50 million Private Equity fund, we’re here to support small and medium-sized businesses that have big potential.
Our goal is simple: to spark growth and lasting change by connecting these businesses with the right investments and management expertise.
We see a future where Moldovan enterprises don’t just survive—they thrive, drive innovation, and set new benchmarks for ethical business practices.
By focusing on operational excellence, smart financial strategies, and purposeful growth, we aim to help Moldova reach a prosperous and sustainable future.

01

The power of us

At Pyretus Capital, we believe in the collective strength of collaboration and partnership. The power of us is the driving force behind our mission to transform Moldova's economic landscape. By working together with local entrepreneurs, international investors, and strategic partners, we can achieve remarkable progress and innovation.

02

Our mission

To uplift Moldovan businesses through strategic investments and expert management, setting a standard for sustainable and ethical business practices.

03

Our vision

We envision a thriving Moldovan economy where businesses drive growth, innovation, and set the standard for values-driven practices.

04

Our ambition

To put Moldova on the global map as a hub of innovation and economic vitality, ensuring long-term success both regionally and globally.

Unlocking Moldova's economic potential:

Unlocking Moldova's economic potential:

Our approach

Our approach

What we do
What we do ↘
Two business people shaking hands whilst holding coffee cups
Two business people shaking hands whilst holding coffee cups
Two business people shaking hands whilst holding coffee cups

05

Investing in enterprises

At Pyretus Capital, we empower small to medium enterprises in Moldova through strategic investments and expert management. Our €50 million Private Equity fund is dedicated to fostering innovation, creating jobs, and promoting sustainable business practices.

06

Strategic investments

We focus on high-potential businesses, providing them with the capital, restructuring, and operational excellence they need to thrive. Our seasoned professionals ensure a comprehensive approach to investment and management.

06

Strategic investments

We focus on high-potential businesses, providing them with the capital, restructuring, and operational excellence they need to thrive. Our seasoned professionals ensure a comprehensive approach to investment and management.

Female business professional at desk engaing in conversation with colleague
Female business professional at desk engaing in conversation with colleague
Female business professional at desk engaing in conversation with colleague
Three business professionals in conversation in meeting room
Three business professionals in conversation in meeting room
Three business professionals in conversation in meeting room

07

Beyond investment

At Pyretus Capital, we understand that true success requires more than just financial investment. We embed talented leaders and management teams to shape, mentor, and drive businesses towards success. Our hands-on approach ensures that enterprises receive the guidance, expertise, and leadership needed to navigate challenges and seize opportunities. This commitment to active involvement and mentorship distinguishes us and helps our portfolio companies achieve their full potential.

Why we do it
Why we do it ↘

08

Collaborative approach

We believe in the power of teamwork and partnerships. By working closely with local entrepreneurs, international investors, and strategic partners, we create a robust ecosystem where businesses thrive, communities flourish, and the entire nation benefits.

Cropped image of colleagues sharing company growth facts and figures
Cropped image of colleagues sharing company growth facts and figures
Cropped image of colleagues sharing company growth facts and figures
Black and white image of a wind turbine
Black and white image of a wind turbine
Black and white image of a wind turbine

09

Rigorous strategy

Our investment strategy is grounded in market analysis, due diligence, and a collaborative approach. By leveraging our extensive network and expertise, we aim to drive sustainable growth and deliver exceptional returns for our investors.

09

Rigorous strategy

Our investment strategy is grounded in market analysis, due diligence, and a collaborative approach. By leveraging our extensive network and expertise, we aim to drive sustainable growth and deliver exceptional returns for our investors.

10

Driving innovation

By supporting new ventures and innovative products, we help businesses become market leaders. We also contribute to empowering new leaders who will drive Moldova's economic growth and development.

Farmer stepping down from cab of large tractor
Farmer stepping down from cab of large tractor
Farmer stepping down from cab of large tractor
How we do it
How we do it ↘
Farmer in cattle shed observing closely his young calves
Farmer in cattle shed observing closely his young calves
Farmer in cattle shed observing closely his young calves

11

Transforming Moldova's economy

We are committed to reshaping Moldova's economic landscape by investing in small to medium enterprises. Our goal is to unlock the full potential of the economy, building a prosperous and sustainable future for all.

12

Sustainable growth

Our investment strategy prioritises long-term success and responsible investments. We align our efforts with Moldova's Sustainable Development Goals, ensuring that our activities generate substantial returns and contribute significantly to the nation's economic development.

12

Sustainable growth

Our investment strategy prioritises long-term success and responsible investments. We align our efforts with Moldova's Sustainable Development Goals, ensuring that our activities generate substantial returns and contribute significantly to the nation's economic development.

Close up of golden wheat in a large field with blue sky
Close up of golden wheat in a large field with blue sky
Close up of golden wheat in a large field with blue sky
Close up of wine make holding a large bunch of red grapes
Close up of wine make holding a large bunch of red grapes
Close up of wine make holding a large bunch of red grapes

13

The Moldova spirit

At Pyretus Capital, our commitment to Moldova runs deep. We are driven by our Moldovan heritage and a burning passion to see our people thrive. Our mission goes beyond financial returns; we aim to nurture the entrepreneurial spirit that has long been a part of our culture.

Professional, motivated, with years of business experience:

Professional, motivated, with years of business experience:

Meet your team

Meet your team

Portrait of Tatiana Cozonac
Portrait of Tatiana Cozonac
Portrait of Tatiana Cozonac

Tatiana Cozonac

Managing Partner

Tatiana Cozonac has over 15 years of expertise in developing and implementing public policies, public finance, and corporate management. She has successfully managed the restructuring of several enterprises, particularly in crisis management contexts. With deep knowledge of development processes in Eastern Europe, Tatiana has held leadership roles within the Government of the Republic of Moldova and consulting firms. As chair of various boards of directors, she has managed complex organizations and led transformation initiatives at Energocom, Moldtelecom, Cricova Winery, and others. Tatiana holds graduate degrees in Engineering and Public Administration.

Portrait of Octavian Armasu
Portrait of Octavian Armasu
Portrait of Octavian Armasu

Octavian Armașu

General Partner

Octavian is a CFA charterholder and a finance professional with vast experience in both the public and private sectors. He served as Governor of the National Bank of Moldova, prioritizing monetary and financial stability, and implemented reforms that strategically shaped the turnaround of Moldova's banking sector. Octavian assumed the role of Minister of Finance of the Republic of Moldova during a difficult period when the country was facing a severe crisis. His reforms in the domestic debt market, public procurement, and public finance management were pivotal in setting the country on a path to steady growth. With twelve years of experience as CFO of Südzucker Moldova and as a key member of the executive management board, he was instrumental in the formation and financial development of the corporation, enhancing its competitiveness in both domestic and European markets.

Portrait of Eugeniu Cozonac
Portrait of Eugeniu Cozonac
Portrait of Eugeniu Cozonac

Dr. Eugeniu Cozonac

General Partner

Eugeniu Cozonac is an entrepreneur and investor with over 25 years of experience in both private companies and the public sector. He is the founder and president of Beeyond Capital LLC, a US-based wealth management and investment advisory firm. Previously, he held leadership positions in the Government of the Republic of Moldova, where he managed state-owned lands and enterprises. Dr. Cozonac is a co-founder of Endava and other companies in the IT services and cybersecurity fields. He earned a doctorate at Vanderbilt University and holds master's degrees in business and theology.

Experience the Pyretus Capital difference

Experience the Pyretus Capital difference

What sets us apart

What sets us apart

  • Driving economic change

  • Focused, strategic investments

  • Operational excellence

  • Championing innovation

  • Empowering tomorrow’s leaders

  • Committed to sustainability

  • Expert-led management

  • Partnership at the core

  • Making a lasting impact

  • A Unique Moldovan focus

  • Security and integrity

  • Thinking long-term

  • Driving economic change

  • Focused, strategic investments

  • Operational excellence

  • Championing innovation

  • Empowering tomorrow’s leaders

  • Committed to sustainability

  • Expert-led management

  • Partnership at the core

  • Making a lasting impact

  • A Unique Moldovan focus

  • Security and integrity

  • Thinking long-term

Ready to invest in the power of us?

Let’s come together to create a brighter tomorrow for Moldova. At Pyretus Capital, we believe in the power of collaboration—building trust, driving innovation, and achieving lasting success that benefits everyone. Be a part of this journey with us and harness our collective strength to shape a thriving and prosperous future for all.

Investors

Unlock Moldova's potential

Be part of Moldova's economic transformation. Join Pyretus Capital in shaping a prosperous future for innovative businesses and the nation as a whole.

SMEs

Fuel your growth

Take your business to the next level with strategic investment and expert management. Partner with Pyretus Capital to unlock your full potential.