Economics

​35% DECREASE IN GRAPE HARVEST EXPECTED DUE TO HEAT WAVE IN MOLDOVA

​35% DECREASE IN GRAPE HARVEST EXPECTED DUE TO HEAT WAVE IN MOLDOVA
23 august, 2024

This year's grape harvest in Moldova will be 35% lower than last year, with yields ranging from 3 to 12 tons of bunches per hectare. According to the Ministry of Agriculture, this was stated at the meeting, where participants discussed the state of vineyards and views on the harvest.

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IN CASE SUDZHA STATION STOPS PUMPING GAS, MOLDOVA NEEDS TWO DAYS TO REDIRECT TRANSIT THROUGH TRANS-BALKAN GAS PIPELINE - VICTOR PARLICOV

IN CASE SUDZHA STATION STOPS PUMPING GAS, MOLDOVA NEEDS TWO DAYS TO REDIRECT TRANSIT THROUGH TRANS-BALKAN GAS PIPELINE - VICTOR PARLICOV
22 august, 2024

In case Russian gas transit through Ukraine is suspended, Moldova will need two days to redirect transit through the Trans-Balkan gas pipeline, Energy Minister Victor Parlicov said. He said that during the switchover period Moldova can hold on to the gas reserves that are now in the pipe.

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​FARMERS CONSIDER GOVERNMENT ASSISTANCE INSUFFICIENT

​FARMERS CONSIDER GOVERNMENT ASSISTANCE INSUFFICIENT
21 august, 2024

Farmers were dissatisfied with the meeting in the government, considering insufficient the assistance promised by Prime Minister Dorin Recean to drought-affected farmers.

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INDUSTRY CONTRACTED BY 2.3% IN JUNE, BUT ACHIEVED A SLIGHT GROWTH AT THE END OF THE HALF YEAR

INDUSTRY CONTRACTED BY 2.3% IN JUNE, BUT ACHIEVED A SLIGHT GROWTH AT THE END OF THE HALF YEAR
20 august, 2024

Gross industrial production in Moldova in June decreased by 2.3% compared to June 2023. This was reported by the National Bureau of Statistics, noting that a 0.7% growth was achieved at the end of the half-year.

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APP CONFIRMED THE START OF TRANSITION OF MANAGEMENT OF STATIONS AND BUS STATIONS TO STATE SUBORDINATION

APP CONFIRMED THE START OF TRANSITION OF MANAGEMENT OF STATIONS AND BUS STATIONS TO STATE SUBORDINATION
19 august, 2024

The Public Property Agency (APP) has begun to return management of railway stations and bus stations in Moldova to the state. As reported by INFOTAG, in a press release distributed on Monday, APP confirmed the failure to fulfill contractual obligations by the private partner of Gările Auto Moderne.

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MOLDOVA'S EXPORT OF WALNUTS TO THE EUROPEAN UNION IN 2024 EXCEEDED SEVEN THOUSAND TONS

MOLDOVA
19 august, 2024

Since the beginning of 2024, Moldova's exports of walnuts to the European Union amounted to 7.3 thousand tons, which is 94% higher than in the same period of 2023.

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NUMBER OF SMALL AND MEDIUM-SIZED ENTERPRISES IN MOLDOVA EXCEEDED 63 THOUSAND

NUMBER OF SMALL AND MEDIUM-SIZED ENTERPRISES IN MOLDOVA EXCEEDED 63 THOUSAND
16 august, 2024

The number of small and medium-sized enterprises is steadily increasing in Moldova. According to Deputy Prime Minister, Minister of Economic Development and Digitalization Dumitru Alaiba, their number increased from 59.8 thousand in 2021 to 63.3 thousand in 2023.

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AUTHORITIES HAVE SOLUTIONS FOR ALL POTENTIAL CRISIS SITUATIONS THAT MAY ARISE - ENERGY MINISTER

AUTHORITIES HAVE SOLUTIONS FOR ALL POTENTIAL CRISIS SITUATIONS THAT MAY ARISE - ENERGY MINISTER
13 august, 2024

Energy Minister Victor Parlicov believes that "Moldovan authorities have solutions for all potential crisis situations that may arise in the energy sector." He said on Radio Moldova on Monday evening that "the early warning in the gas sector comes in the context of the potential risk of gas supply interruption to the Transnistrian region."

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MOLDOVA TO INCREASE TABLE GRAPE EXPORTS TO THE EUROPEAN UNION 2.5 TIMES IN 2024

MOLDOVA TO INCREASE TABLE GRAPE EXPORTS TO THE EUROPEAN UNION 2.5 TIMES IN 2024
12 august, 2024

Moldova has increased the export of fresh grapes to the European Union countries. INFOTAG reports, quoting data from the Ministry of Agriculture and Food Industry, that 12.5 thousand tons were exported in January-July this year, which is 2.5 times more than the same period in 2023.

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JOURNALIST NATALIA MORARI ACCUSED DEPUTY PRIME MINISTER DUMITRU ALAIBA OF LYING

JOURNALIST NATALIA MORARI ACCUSED DEPUTY PRIME MINISTER DUMITRU ALAIBA OF LYING
09 august, 2024

Journalist Natalia Morari, who intends to run for president of Moldova, has accused Deputy Prime Minister Dumitru Alaiba of lying. As INFOTAG reports, earlier Alaiba denied Morari's allegations regarding the authorities' actions regarding Sumitomo company.

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COMPETITION COUNCIL DOES NOT OBJECT TO NEW EVALUATION OF SUMITOMO'S INVESTMENTS - ALEXEI GHERCESCU

COMPETITION COUNCIL DOES NOT OBJECT TO NEW EVALUATION OF SUMITOMO
09 august, 2024

“The Competition Council does not object that a new evaluation of SE Bordnetze's (Sumitomo) investments be carried out,” stated Alexei Ghercescu, Chairman of the Competition Council, at a press conference on Friday.

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IN JULY, THREE FOREIGN COMPANIES ANNOUNCED THEIR INTENTION TO ENTER MOLDOVAN MARKET

IN JULY, THREE FOREIGN COMPANIES ANNOUNCED THEIR INTENTION TO ENTER MOLDOVAN MARKET
08 august, 2024

In July, three foreign companies announced their intention to enter the Moldovan market. The Minister of Economic Development and Digitalization Dumitru Alaiba wrote about it in social networks, expressing satisfaction with the investors' interest in the republic.

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​MOLDOVA'S RETAIL AND WHOLESALE TRADE GROWS ON AVERAGE BY 22% AND 10.7% PER YEAR

​MOLDOVA
07 august, 2024

The Executive Committee of the National Bank of Moldova (NBM) kept the main indicators of its monetary policy unchanged at a meeting on Tuesday. According to INFOTAG, its decision said that global economic activity has strengthened, approaching its potential in early 2024.

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​POLISH IMPORTER DAPOL INTENDS TO DOUBLE VOLUME OF FRUIT PURCHASED IN MOLDOVA

​POLISH IMPORTER DAPOL INTENDS TO DOUBLE VOLUME OF FRUIT PURCHASED IN MOLDOVA
06 august, 2024

Polish importer and distributor on the Bronisze market in Warsaw - Dapol company - wants to double the amount of fruit purchased in Moldova. The USAID office, which implements a project on rural competitiveness and sustainability in Moldova, announced this.

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DEPUTY PRIME MINISTER DUMITRU ALAIBA REFUTES ALLEGATIONS THAT SUMITOMO IS LEAVING MOLDOVA

DEPUTY PRIME MINISTER DUMITRU ALAIBA REFUTES ALLEGATIONS THAT SUMITOMO IS LEAVING MOLDOVA
05 august, 2024

Deputy Prime Minister, Minister of Economy and Digitalization Dumitru Alaiba has refuted claims that Sumitomo company is leaving Moldova. He wrote about it on his facebook page.

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MINISTRY OF AGRICULTURE DISCUSSED WITH BANKS POSSIBILITY OF DEVELOPING NEW INSTRUMENTS TO SUPPORT FARMERS

MINISTRY OF AGRICULTURE DISCUSSED WITH BANKS POSSIBILITY OF DEVELOPING NEW INSTRUMENTS TO SUPPORT FARMERS
02 august, 2024

The problems faced by farmers and their impact on the ability of agrarians to fulfill financial obligations is the subject of a meeting between the leadership of the Ministry of Agriculture and Food Industry and commercial banks.

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PRESIDENTIAL CANDIDATE NATALIA MORARI INTENDS TO MAKE MOLDOVA'S ECONOMY LIKE THAT OF SOUTH KOREA

PRESIDENTIAL CANDIDATE NATALIA MORARI INTENDS TO MAKE MOLDOVA
02 august, 2024

Unlike President Maia Sandu, I will not surround myself only with "loyal and convenient people," said journalist Natalia Morari, who intends to run as an independent candidate for the Moldovan presidency. She criticized the incumbent president for a "very weak and unprofessional government" on the N4 TV channel on Thursday evening.

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MOLDOVA COMPENSATES 50 PERCENT OF INVESTMENTS IN ITS ECONOMY

MOLDOVA COMPENSATES 50 PERCENT OF INVESTMENTS IN ITS ECONOMY
01 august, 2024

Moldovan authorities are ready to compensate half of the investments that foreigners will put into its economy, provided that the amount of investments will amount to at least 500 thousand euros.

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MOLDOVAN ENTREPRENEUR TO INTERN IN AMERICAN COMPANY IN NORTH CAROLINA

MOLDOVAN ENTREPRENEUR TO INTERN IN AMERICAN COMPANY IN NORTH CAROLINA
01 august, 2024

The U.S. Embassy in Chisinau congratulated the Moldovan YTILI Fall 2024 Fellow, Afanasije Chihaioglo, who will undertake a four-week internship at an American company in Raleigh, North Carolina.

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PARLIAMENT HARMONIZES SUPPORT MEASURES FOR FREE ECONOMIC ZONES WITH EU NORMS

PARLIAMENT HARMONIZES SUPPORT MEASURES FOR FREE ECONOMIC ZONES WITH EU NORMS
31 july, 2024

The Parliament on Wednesday adopted in the second reading a law that provides support measures for residents of free economic zones.

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