The Moody’s international financial assessment agency has improved Moldova’s perspective from “negative” to “stable” and confirmed the long-term ranking at B3. “This news is important, as these rankings are used by big foreign investors to assess their entrance into a country. An improvement of the perspective helps the economic reputation of Moldova a lot,” MP…
The World Bank will offer the Republic of Moldova a grant worth $88.4 million. The Parliament ratified on August 17 the multi-donor trust fund grant agreement between the Republic of Moldova and the International Bank for Reconstruction and Development and the International Development Association. Thus, the grant will be disbursed in a single installment and…
Natural gas rates could drop in the cold season. Minister of Energy Victor Parlicov made the statement, saying that the current procurement price of natural gas could provide the necessary premises for the review of tariffs for consumers. “We expect this year to be easier than the previous year in all respects. For the next…
Two bridges on the national public roads will be rehabilitated. These are the bridge R3 Chisinau – Hancesti – Cimislia – Basarabeasca – border with Ukraine, km 95,740 and G109 Delacau – Bulboaca – R2 bridge, km 23,850. The State Road Administration (ASD) announced the signing of the contracts for the rehabilitation and remediation of…
The 650-metre-long access road to Beleu Lake has been inaugurated in Slobozia Mare village, Cahul district. The event took place during the Beleu Bio Fest festival on August 13. The rehabilitation of the road was made possible thanks to the financial support of the European Union, provided through the “EU4Moldova: Focal Regions” programme, implemented by…
Two crossed bridges are to be built on the M1 highway Border with Romania-Leuseni-Chisinau-Dubasari-Border with Ukraine. The State Road Administration (ASD) announced that winner of the tender for the design of the two road junctions had been nominated. Thus, the design of two crossed bridges on the M1 road, km 95.278 and km 99.626, in…
Moldovan entrepreneurs who wish to export their products and services to the Romanian market can apply for Export Missions Romania program launched in Chisinau on August 10. The program represents support for the development and expansion of local companies on international markets. It provides a strategic platform to encourage collaboration between business, international trade experts…