Economics

MOLDOVAN PRESIDENT MAIA SANDU: NEW EU SUPPORT OF 1.8 BILLION EUROS WILL ALLOW MOLDOVA TO BUILD A STRONG ECONOMY

MOLDOVAN PRESIDENT MAIA SANDU: NEW EU SUPPORT OF 1.8 BILLION EUROS WILL ALLOW MOLDOVA TO BUILD A STRONG ECONOMY
10 octomber, 2024

The new EU support of 1.8 billion euros for the next three years will allow Moldova to build a strong economy. President Maia Sandu thanked Ursula von der Leyen at a press conference on Thursday with Ursula von der Leyen “for the new substantial assistance, which has a symbolic name - the Economic Growth Plan,” INFOTAG reports.

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EU INVESTS 1.8 BLN. EUROS IN MOLDOVA'S ECONOMY IN THE NEXT THREE YEARS

EU INVESTS 1.8 BLN. EUROS IN MOLDOVA
10 octomber, 2024

The European Union will invest 1.8 billion euros in the Moldovan economy in the next three years. As INFOTAG reports, this was announced by the President of the European Commission Ursula von der Leyen at a press conference on Thursday during her visit to Chisinau.

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MOLDOVAN AND ROMANIAN ENERGY COMPANIES TO LAUNCH PROJECT TO INTEGRATE TWO COUNTRIES' POWER GRIDS

MOLDOVAN AND ROMANIAN ENERGY COMPANIES TO LAUNCH PROJECT TO INTEGRATE TWO COUNTRIES
10 octomber, 2024

Representatives of the Energy Ministry and industry enterprises met in Bucharest with Romanian companies with the support of USAID Moldova to launch a project on the integration of energy networks of the two countries. The energy ministry's press service reproted that this integration, called “market interconnection,” is designed to facilitate electricity trade at a better price between Moldova and Romania, as well as other European markets.

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​GOVERNMENT INTRODUCES MANDATORY TIRE LABELING

​GOVERNMENT INTRODUCES MANDATORY TIRE LABELING
09 octomber, 2024

The Cabinet of Ministers on Wednesday approved a technical regulation on tire labeling developed by the Energy Ministry. The document updates the legal norms on tire labeling with regard to fuel efficiency, grip on the road/wet surface and external rolling noise.

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​POLAND HAS CLEARLY DEMONSTRATED HOW EU FUNDS AND SMART REFORMS CAN TRANSFORM AGRICULTURE

​POLAND HAS CLEARLY DEMONSTRATED HOW EU FUNDS AND SMART REFORMS CAN TRANSFORM AGRICULTURE
09 octomber, 2024

Poland has demonstrated in practice how EU funds and smart reforms can transform agriculture and rural economy. The representative office of the Polish foundation “Solidarity” in Chisinau stated this on social networks.

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ECONOMY MINISTER: EXPORTS OF SOME AGRICULTURAL PRODUCTS TO EU TRIPLED AFTER TAX DUTIES WERE CANCELED

ECONOMY MINISTER: EXPORTS OF SOME AGRICULTURAL PRODUCTS TO EU TRIPLED AFTER TAX DUTIES WERE CANCELED
08 octomber, 2024

Exports to the European Union of some categories of Moldovan agricultural products tripled after the abolition of duties in 2022. According to the agency INFOTAG, this was written in social networks by Deputy Prime Minister, Minister of Economy Dumitru Alaiba.

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UNIFORMAGRI, DIGITAL SYSTEM THAT ALLOWS REDUCING LOSSES IN LIVESTOCK FARMING BY 70%, PRESENTED IN CHISINAU

UNIFORMAGRI, DIGITAL SYSTEM THAT ALLOWS REDUCING LOSSES IN LIVESTOCK FARMING BY 70%, PRESENTED IN CHISINAU
07 octomber, 2024

UNIFORMAGRI - this is the name of the new information system that gives farmers the possibility to reduce losses in livestock farming up to 70%.

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PRIME MINISTER DORIN RECEAN SAID GOVERNMENT MAKES CONSTANT EFFORTS TO SUPPORT INDUSTRY

PRIME MINISTER DORIN RECEAN SAID GOVERNMENT MAKES CONSTANT EFFORTS TO SUPPORT INDUSTRY
03 octomber, 2024

Prime Minister Dorin Recean said that the government makes constant efforts to support industry. He said this during the first conference “Pro-Industry Dialogue - Catalyst of Moldova's Industrial Future”.

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MOLDOVA REDUCES NATURAL GAS RESERVES FROM 100 TO 50 MILLION CUBIC METERS - GOVERNMENT DECISION

MOLDOVA REDUCES NATURAL GAS RESERVES FROM 100 TO 50 MILLION CUBIC METERS - GOVERNMENT DECISION
03 octomber, 2024

Moldova will reduce the natural gas reserves that have been established by the state-owned Energocom company. It is a question of reducing the volume of gas reserves from about 100 million cubic meters to about 50 million cubic meters, which are a reserve for commercial placement on the market. This reduction of natural gas reserves was approved at a government meeting the previous day.

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MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN MOLDOVA AND GERMAN STATE OF BADEN-WÜRTTEMBERG

MEMORANDUM OF UNDERSTANDING SIGNED BETWEEN MOLDOVA AND GERMAN STATE OF BADEN-WÜRTTEMBERG
02 octomber, 2024

A Memorandum of Understanding has been signed between Moldova and the German state of Baden-Württemberg. The document was signed on Wednesday in Chisinau by Minister of Economy Dumitru Alaiba and the head of the German region Winfried Kretschmann.

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GOVERNMENT PREPARES FOR TWO SCENARIOS FOR WINTER, INCLUDING COMPLETE CESSATION OF SUPPLIES BY GAZPROM

GOVERNMENT PREPARES FOR TWO SCENARIOS FOR WINTER, INCLUDING COMPLETE CESSATION OF SUPPLIES BY GAZPROM
02 octomber, 2024

The government on Wednesday approved the Action Plan for the preparation for the 2024-2025 heating season. According to INFOTAG, the document notes that despite the fact that there is currently a contract with Gazprom for supplies to the Transnistrian region, “there is a risk of unilateral termination of the contract by Gazprom”. There is also uncertainty about the continuation of Russian gas transit through Ukraine from January 1, 2025.

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FROM OCTOBER 1, REAL ESTATE REGISTRATION IS AVAILABLE ONLINE

FROM OCTOBER 1, REAL ESTATE REGISTRATION IS AVAILABLE ONLINE
01 octomber, 2024

From October 1, the registration of immovable property is available online. Deputy Prime Minister, Economics Minister Dumitru Alaiba wrote about it in social networks. He recalled that a pilot project was launched in May, affecting Chisinau, Orhei and Criuleni, but now this service is spreading all over the country.

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POLL: THE MAJORITY OF BUSINESSMEN BELIEVE THAT INTEGRATION INTO THE EU IS BENEFICIAL AND WILL BRING ADVANTAGES TO MOLDOVA

POLL: THE MAJORITY OF BUSINESSMEN BELIEVE THAT INTEGRATION INTO THE EU IS BENEFICIAL AND WILL BRING ADVANTAGES TO MOLDOVA
30 september, 2024

The majority of businessmen believe that integration into the EU is beneficial to Moldova and will bring it advantages. As “INFOTAG” reports, this is confirmed by the data of a sociological survey among businessmen - Barometrul antreprenorilor care construiesc viitorul Republicii Moldova.

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IN OCTOBER, MOLDOVAN POWER PLANT WILL SUPPLY ABOUT 90% OF ELECTRICITY FOR RIGHT-BANK MOLDOVA

IN OCTOBER, MOLDOVAN POWER PLANT WILL SUPPLY ABOUT 90% OF ELECTRICITY FOR RIGHT-BANK MOLDOVA
30 september, 2024

In October, Moldovan GRES will supply about 90% of electricity for right-bank Moldova. As INFOTAG reports, this was announced on Monday by the press service of the state company Energocom, which purchases gas and electricity for consumers.

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PRESIDENT MAIA SANDU AND PRIME MINISTER DORIN RECEAN REFUTE ALLEGATIONS ABOUT POSSIBLE SALE OF LAND TO FOREIGNERS

PRESIDENT MAIA SANDU AND PRIME MINISTER DORIN RECEAN REFUTE ALLEGATIONS ABOUT POSSIBLE SALE OF LAND TO FOREIGNERS
30 september, 2024

President Maia Sandu and Prime Minister Dorin Recean have denied allegations about the possible sale of land to foreigners. They made statements to this effect after a number of publications in social networks, which claimed that Moldova must necessarily allow the sale of land to foreigners when joining the EU.

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EBRR WORSENS FORECAST FOR MOLDOVAN ECONOMIC GROWTH IN 2024-2025

EBRR WORSENS FORECAST FOR MOLDOVAN ECONOMIC GROWTH IN 2024-2025
27 september, 2024

The European Bank for Reconstruction and Development (EBRD) has worsened the forecast of Moldova's economic growth in 2024-2025. This is stated in the latest report of the bank Regional Economic Prospects.

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PRESIDENT DISCUSSES WITH FARMERS THE SITUATION IN THE SECTOR: “THERE ARE NO MIRACULOUS AND EASY SOLUTIONS”

PRESIDENT DISCUSSES WITH FARMERS THE SITUATION IN THE SECTOR: “THERE ARE NO MIRACULOUS AND EASY SOLUTIONS”
25 september, 2024

President Maia Sandu on Wednesday met with representatives of several associations of grain crop producers from different regions of the country, as well as with suppliers of fertilizers, seeds, etc., the press service of the President said.

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JAPANESE GOVERNMENT HELPS 10 MOLDOVAN BIOFUEL PRODUCERS TO MAKE THEIR BUSINESS ENERGY EFFICIENT

JAPANESE GOVERNMENT HELPS 10 MOLDOVAN BIOFUEL PRODUCERS TO MAKE THEIR BUSINESS ENERGY EFFICIENT
25 september, 2024

The Japanese government is helping solid fuel producers in Moldova to make their business energy efficient. As INFOTAG reports, ten economic agents producing solid biofuel will modernize pellet and briquette production lines within the framework of the UNDP project “Multidimensional Response to Emerging Human Security Challenges”, funded by the Government of Japan.

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MOLDOVA-ZAHAR JOINS MOLDOVA SUGAR PRODUCERS UNION

MOLDOVA-ZAHAR JOINS MOLDOVA SUGAR PRODUCERS UNION
24 september, 2024

Moldova-Zahar (the second largest sugar producer in the country), a company with Polish capital, is joining the Union of Sugar Producers of Moldova. As the agency INFOTAG reports, this is stated in the press release of Südzucker Moldova (the largest sugar producer in the republic). The union will have a new executive director, Inga Pascal.

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MOLDOVAN INDUSTRY SHOWS GROWTH FOR THE SECOND MONTH IN A ROW

MOLDOVAN INDUSTRY SHOWS GROWTH FOR THE SECOND MONTH IN A ROW
23 september, 2024

Industrial production in Moldova in July (gross series) increased by 13.8% as compared to July 2023.

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