Economics
IN JULY, 85% OF ELECTRICITY FOR THE RIGHT BANK OF NISTRU RIVER WILL BE PURCHASED FROM MOLDOVAN POWER PLANT AND MORE THAN 8% FROM ORSOM STOCK EXCHANGE
In July, 85% of electricity for the right bank of the Nistru River will be purchased from the Moldovan Power Plant, and more than 8% - on the Romanian exchange ORSOM. The remaining about 6% will be provided by local combined heat and power plants (CHPPs). According to the INFOTAG agency, this was announced on Thursday by the state-owned Energocom, which carries out the purchase of electricity.
detailsEX-MEMBER OF PARLIAMENT ALEXANDR SLUSARI DREW ATTENTION TO RISKS IN CASE OF LIFTING RESTRICTIONS ON GRAIN IMPORTS
Former MP Alexandr Slusari believes that the Moldovan government "takes a big risk if it leaves the domestic market unprotected in the middle of the agricultural campaign." He said this on social networks regarding the expiration on Wednesday of the licensing of imports of grain and sunflower to Moldova, introduced from October 2023 at the insistence of the association.
detailsCOMMISSION FOR LICENSING IMPORTS OF GRAINS AND OILSEEDS CEASES ITS ACTIVITY
The activity of the Commission for licensing the import of grains and oilseeds will be terminated. As “INFOTAG” reports, this was announced by the Ministry of Agriculture and Food Industry, recalling that “regulation through licensing can be carried out for no more than three months, and extended only once for the same period of time”.
detailsENERGY MINISTRY TAKES FIRST STEP TO DIGITALIZATION ENERGY SECTOR THROUGH INSTALLATION OF SMART METERS
The Ministry of Energy is taking the first step for the digitalization of the energy sector through the installation of “smart” meters.
detailsMINISTRY OF ECONOMIC DEVELOPMENT CONSIDERS GROWTH OF PRODUCTION IN MOLDOVA "GOOD SIGN OF RECOVERY"
The Minister of Economic Development and Digitalization, Dumitru Alaiba, considers as a "very good sign of recovery" of the national industry the growth of production in April in the mining sector by 60.9% and in the manufacturing sector by 10.2%.
detailsRULING PARTY INTENDS TO RESTORE ORDER ON THE REAL ESTATE MARKET
Deputies of the ruling Action and Solidarity (PAS) party presented on Thursday a draft law on regulating the activity of real estate agents.
detailsREPRESENTATIVES OF EASTERN PARTNERSHIP COUNTRIES DISCUSS CYBER SECURITY IN THE ENERGY SECTOR IN CHISINAU
Opportunities to strengthen cyber security in the energy sector - this is the main topic of the training that opened on Wednesday in Chisinau. It was organized by the Ministry of Energy in partnership with the Council of European Energy Regulators (CEER) and gathered representatives of energy ministries, regulators and system operators from the Eastern Partnership countries.
details“ENERGOCOM” WON AUCTION FOR GAS SUPPLIES TO “MOLDOVAGAZ” IN JULY AS WELL
“Energocom” JSC will remain the gas supplier for “Moldovagaz” JSC in July.
detailsMOLDOVA'S TRADE DEFICIT BY MAY BY $0.5 BLN EXCEEDED EXPORTS
Moldova exported $1.214 bln worth of goods abroad in January-April, which is 12.6% less compared to the same period of 2023, the National Bureau of Statistics told the INFOTAG agency, noting that domestic goods were exported for $935.6 mln (77%), while the rest were re-exports.
detailsMOLDOVA TO ALMOST DOUBLE WIND POWER GENERATION CAPACITY BY 2025
Moldova has already installed 133 MW wind turbines, and by 2025 another 105 MW will be allocated in a first auction to large responsible producers. As INFOTAG reports, this was announced by the Ministry of Energy on the occasion of World Wind Day.
detailsPREMIER SPEAKS IN FAVOUR OF INTENSIFYING THE DIALOGUE WITH EBRD IN ORDER TO SPEED UP THE IMPLEMENTATION OF PROJECTS IN MOLDOVA
Projects realized in Moldova with the support of the European Bank for Reconstruction and Development (EBRD), the country's largest investor institution, were discussed at a meeting between Prime Minister Dorin Recean and EBRD representatives in Chisinau on Friday.
detailsPARLIAMENT APPROVED A SET OF MEASURES TO INCREASE THE EFFICIENCY OF INDUSTRIAL PARKS
Parliament on Thursday adopted in the second reading a set of measures to increase the efficiency of industrial parks.
detailsAFD WILL ASSESS MACROECONOMIC AND FINANCIAL SITUATION IN MOLDOVA TO UPDATE COUNTRY RISKS
A delegation of the French Development Agency (AFD) is on a visit to Chisinau to update the data needed to assess the macroeconomic and financial situation in Moldova and the risks for the country. This was reported to INFOTAG agency by the Bureau for European Integration (BEI), explaining that the head of the agency, Ggenadie Marian, met with the experts.
detailsPREMIER DISCUSSES INVESTMENT PROJECTS FOR MOLDOVAN ECONOMY WITH EIB PRESIDENT
Prime Minister Dorin Recean met with European Investment Bank (EIB) President Nadia Calviño on the margins of the Conference for the Reconstruction of Ukraine in Berlin.
detailsWORLD BANK LOWERS FORECAST FOR MOLDOVA'S GDP GROWTH IN 2024 - TO 2.2%
Moldova's economy will grow by 2.2% in 2024, by 3.9% in 2025 and by 4.9% in 2026. - by 3.9%, and in 2026 - by 4.5%. As “INFOTAG” reports, this opinion was expressed by the experts of the World Bank (WB) in the new report “Global Economic Prospects” (Global Economic Prospects) for June 2024.
detailsCHISINAU WILL HOST FIRST INTERNATIONAL CONFERENCE “RECONSTRUCTION OF UKRAINE. THE ROLE OF THE REPUBLIC OF MOLDOVA"
The Moldova-China Chamber of Commerce and Industry will organize on June 21, together with colleagues from France, Italy and the Romanian Investors Association, the first international economic conference “Reconstruction of Ukraine. The Role of the Republic of Moldova."
detailsKAZAKHSTANI AMBASSADOR: MOLDOVAN DIASPORA IN KAZAKHSTAN IS THE “GOLDEN BRIDGE” OF FRIENDLY RELATIONS
For Kazakhstan, the Republic of Moldova is a friendly country and the most important partner in southern Europe, - said the Ambassador of the Republic of Kazakhstan in Chisinau Almat Aidarbekov.
detailsLITHUANIA'S MINISTRY OF AGRICULTURE CONFIRMS SUPPORT FOR MOLDOVA'S EUROPEAN INTEGRATION ASPIRATIONS
Lithuania supports Moldova's aspiration to EU integration, appreciates Chisinau's progress in implementing the recommendations on de-oligarchization and fight against corruption, and advocates the earliest possible start of negotiations on the republic's European integration. According to the website of the Lithuanian Ministry of Agriculture, this was stated by Agriculture Minister Kestutis Navickas at a meeting with his Moldovan counterpart Vladimir Bolea at the end of last week in Vilnius.
detailsECONOMIST: IN 2023 CHERRY EXPORTS SHOWED MOST IMPRESSIVE GROWTH IN MOLDOVAN HISTORY
“In 2023, cherry exports increased 11 times compared to ten years ago, which cannot be said about any other Moldovan product,” said expert Veaceslav Ionitsa during his program “Economic Analysis.”
detailsMOLDOVA IS INTERESTED IN INVESTMENTS AND APPRECIATES JAPAN'S CONSISTENT SUPPORT
Economic and investment opportunities, the latest developments in the region and the consolidation of close relations with Japan were discussed at a meeting between Prime Minister Dorin Recean and Masato Kanda, Deputy Minister for International Affairs of the Japanese Finance Ministry, who paid a working visit to Chisinau on June 5-6.
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