Energocom sold 1 MWh of electricity in Ukraine as a test. So far, the company only procured energy from producers of Ukraine. In this test, electricity was procured from the European Union, transited the Moldovan energy system and was sold to Ukrainian suppliers. Energocom announced a few days ago that it had got the right…
Several winemakers from the Republic of Moldova are participating this week in the ProWein-2023 exhibition, held in the German city of Dusseldorf. The best wines of 41 domestic producers are presented at the stand of winemakers from the Republic of Moldova. The event brings together tens of thousands of business people, thousands of stands of…
The European Investment Bank (EIB) provides 28 million euros for the modernization of the power distribution network in Moldova. The programme, with duration of four years, will be enforced by the Premier Energy Distribution enterprise – the biggest private operator of the power distribution system from Moldova, which serves about 70% of Moldova’s territory. The…
The Economic Development Digitalization Ministry (MDED) has set up a working group, which will analyze the constraints on the labour market of Moldova. Thus, till late April, specialists will come up with solutions meant to back and develop the economy. Among the priorities of the working group’s activity will be the analysis of the legal…
Two projects worth $8.44 million in all, meant to enhance the resilience and back the refugees and host communities of Moldova, were launched in Chisinau on March 20. The initiatives are financed by the government of Japan and will be implemented in partnership with the United Nations Development Programme (UNDP). The first project, amounting to…
On March 13-19, the Customs Service collected over 707.6 million lei (about 35.3 million euros) to the state budget. According to the institution, private people brought goods with customs value exceeding the non-taxable limit, and payments totaling more than 16.9 million lei were collected, which represented 2.4% of the total amount. The money collected from…
The World Bank Group Board of Executive Directors discussed on March 17 a new Country Partnership Framework (CPF) for Moldova for the 2023-2027 period, aimed at supporting the country’s sustained recovery from the impacts of the COVID-19 pandemic, energy and refugee crises due to Russia’s invasion of Ukraine, focusing on reforms to support job creation…