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 35% DECREASE IN GRAPE HARVEST EXPECTED DUE TO HEAT WAVE IN MOLDOVA](/data/551/34963_struguri.jpg)
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.
detailsIN 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 IN CASE SUDZHA STATION STOPS PUMPING GAS, MOLDOVA NEEDS TWO DAYS TO REDIRECT TRANSIT THROUGH TRANS-BALKAN GAS PIPELINE - VICTOR PARLICOV](/data/551/88545_eco.jpg)
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.
detailsFARMERS CONSIDER GOVERNMENT ASSISTANCE INSUFFICIENT
![FARMERS CONSIDER GOVERNMENT ASSISTANCE INSUFFICIENT FARMERS CONSIDER GOVERNMENT ASSISTANCE INSUFFICIENT](/data/551/50576_eco.jpg)
Farmers were dissatisfied with the meeting in the government, considering insufficient the assistance promised by Prime Minister Dorin Recean to drought-affected farmers.
detailsINDUSTRY 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 INDUSTRY CONTRACTED BY 2.3% IN JUNE, BUT ACHIEVED A SLIGHT GROWTH AT THE END OF THE HALF YEAR](/data/551/14843_industry.jpg)
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.
detailsAPP 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 APP CONFIRMED THE START OF TRANSITION OF MANAGEMENT OF STATIONS AND BUS STATIONS TO STATE SUBORDINATION](/data/551/95727_garile.jpg)
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.
detailsMOLDOVA'S EXPORT OF WALNUTS TO THE EUROPEAN UNION IN 2024 EXCEEDED SEVEN THOUSAND TONS
![MOLDOVA MOLDOVA](/data/551/22622_eco.jpg)
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.
detailsNUMBER OF SMALL AND MEDIUM-SIZED ENTERPRISES IN MOLDOVA EXCEEDED 63 THOUSAND
![NUMBER OF SMALL AND MEDIUM-SIZED ENTERPRISES IN MOLDOVA EXCEEDED 63 THOUSAND NUMBER OF SMALL AND MEDIUM-SIZED ENTERPRISES IN MOLDOVA EXCEEDED 63 THOUSAND](/data/551/81889_eco.jpg)
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.
detailsAUTHORITIES 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 AUTHORITIES HAVE SOLUTIONS FOR ALL POTENTIAL CRISIS SITUATIONS THAT MAY ARISE - ENERGY MINISTER](/data/551/3398_eco.jpg)
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."
detailsMOLDOVA 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 MOLDOVA TO INCREASE TABLE GRAPE EXPORTS TO THE EUROPEAN UNION 2.5 TIMES IN 2024](/data/551/56213_eco.jpg)
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.
detailsJOURNALIST NATALIA MORARI ACCUSED DEPUTY PRIME MINISTER DUMITRU ALAIBA OF LYING
![JOURNALIST NATALIA MORARI ACCUSED DEPUTY PRIME MINISTER DUMITRU ALAIBA OF LYING JOURNALIST NATALIA MORARI ACCUSED DEPUTY PRIME MINISTER DUMITRU ALAIBA OF LYING](/data/551/91249_morari.jpg)
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.
detailsCOMPETITION COUNCIL DOES NOT OBJECT TO NEW EVALUATION OF SUMITOMO'S INVESTMENTS - ALEXEI GHERCESCU
![COMPETITION COUNCIL DOES NOT OBJECT TO NEW EVALUATION OF SUMITOMO COMPETITION COUNCIL DOES NOT OBJECT TO NEW EVALUATION OF SUMITOMO](/data/551/92267_consiliul.jpg)
“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.
detailsIN JULY, THREE FOREIGN COMPANIES ANNOUNCED THEIR INTENTION TO ENTER MOLDOVAN MARKET
![IN JULY, THREE FOREIGN COMPANIES ANNOUNCED THEIR INTENTION TO ENTER MOLDOVAN MARKET IN JULY, THREE FOREIGN COMPANIES ANNOUNCED THEIR INTENTION TO ENTER MOLDOVAN MARKET](/data/551/1535_eco.jpg)
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.
detailsMOLDOVA'S RETAIL AND WHOLESALE TRADE GROWS ON AVERAGE BY 22% AND 10.7% PER YEAR
![MOLDOVA MOLDOVA](/data/551/51379_eco.jpg)
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.
detailsPOLISH IMPORTER DAPOL INTENDS TO DOUBLE VOLUME OF FRUIT PURCHASED IN MOLDOVA
![POLISH IMPORTER DAPOL INTENDS TO DOUBLE VOLUME OF FRUIT PURCHASED IN MOLDOVA POLISH IMPORTER DAPOL INTENDS TO DOUBLE VOLUME OF FRUIT PURCHASED IN MOLDOVA](/data/551/59787_eco.jpg)
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.
detailsDEPUTY PRIME MINISTER DUMITRU ALAIBA REFUTES ALLEGATIONS THAT SUMITOMO IS LEAVING MOLDOVA
![DEPUTY PRIME MINISTER DUMITRU ALAIBA REFUTES ALLEGATIONS THAT SUMITOMO IS LEAVING MOLDOVA DEPUTY PRIME MINISTER DUMITRU ALAIBA REFUTES ALLEGATIONS THAT SUMITOMO IS LEAVING MOLDOVA](/data/551/19051_eco.jpg)
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.
detailsMINISTRY 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 MINISTRY OF AGRICULTURE DISCUSSED WITH BANKS POSSIBILITY OF DEVELOPING NEW INSTRUMENTS TO SUPPORT FARMERS](/data/551/96640_eco.jpg)
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.
detailsPRESIDENTIAL CANDIDATE NATALIA MORARI INTENDS TO MAKE MOLDOVA'S ECONOMY LIKE THAT OF SOUTH KOREA
![PRESIDENTIAL CANDIDATE NATALIA MORARI INTENDS TO MAKE MOLDOVA PRESIDENTIAL CANDIDATE NATALIA MORARI INTENDS TO MAKE MOLDOVA](/data/551/67487_morari.jpg)
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.
detailsMOLDOVA COMPENSATES 50 PERCENT OF INVESTMENTS IN ITS ECONOMY
![MOLDOVA COMPENSATES 50 PERCENT OF INVESTMENTS IN ITS ECONOMY MOLDOVA COMPENSATES 50 PERCENT OF INVESTMENTS IN ITS ECONOMY](/data/551/4817_eco.jpg)
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.
detailsMOLDOVAN ENTREPRENEUR TO INTERN IN AMERICAN COMPANY IN NORTH CAROLINA
![MOLDOVAN ENTREPRENEUR TO INTERN IN AMERICAN COMPANY IN NORTH CAROLINA MOLDOVAN ENTREPRENEUR TO INTERN IN AMERICAN COMPANY IN NORTH CAROLINA](/data/551/89315_eco.jpg)
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.
detailsPARLIAMENT HARMONIZES SUPPORT MEASURES FOR FREE ECONOMIC ZONES WITH EU NORMS
![PARLIAMENT HARMONIZES SUPPORT MEASURES FOR FREE ECONOMIC ZONES WITH EU NORMS PARLIAMENT HARMONIZES SUPPORT MEASURES FOR FREE ECONOMIC ZONES WITH EU NORMS](/data/551/86611_eco.jpg)
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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