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Category Archives: Moldova

Moldova: PM and top European bank’s officials discuss new initiatives of financing for economic growth

MoldovaBy admin2023-03-23Leave a comment

The present stage of the projects financed by the European Bank for Reconstruction and Development (EBRD), as well as new aspects of cooperation have been considered at a meeting between Prime Minister Dorin Recean and EBRD Managing Director for Eastern Europe and Caucasus Matteo Patrone and Head of the EBRD Office in Moldova Angela Sax,…

Moldova: Termoelectrica energy block No. 2 to undergo capital repair

MoldovaBy admin2023-03-22Leave a comment

The energy block No. 2 from the Termoelectrica heating supply enterprise, which has been working since 1978, will undergo repair works in order to maintain its functionality and safety in exploitation. According to the enterprise, the normative duration of work of the turbine No. 2, which was 220,000 hours, expired and its last repair was…

Moldova: Energocom sells trial batches of electricity in Ukraine

Moldova, UkraineBy admin2023-03-22Leave a comment

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…

Moldova: winemakers attend ProWein international exhibition in Germany

MoldovaBy admin2023-03-22Leave a comment

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…

Moldova: EIB provides 28 million euros to modernize power distribution networks

MoldovaBy admin2023-03-22Leave a comment

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…

Moldova: authorities create working group to stipulate labour market

MoldovaBy admin2023-03-21Leave a comment

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…

Moldova: Japan provides $8 million to back refugees and host communities

MoldovaBy admin2023-03-21Leave a comment

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…

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