Small and medium enterprises in the Republic of Moldova will have access to a low-interest credit fund, supported by the state. The regulation on the activity of the Fund for Entrepreneurship and Economic Growth of Moldova (FACEM) was published on March 14 in the Official Journal. Through this new program, businesses in strategic and priority…
Director of the European Department at the International Monetary Fund (IMF) Alfred Kammer says that there is possibility for Moldova to get out of the current crisis earlier than the rest of Europe. In his statements made at the end of his three-day visit to Chisinau, the official noted that Moldova had been hit by…
The Ministry of Agriculture and Food Industry (MAIA) has announced the launch of the call for applications for advance subsidy requests for investment projects on land improvement works and soil protection. Applications can be submitted until April 21. Landholders can obtain support from the state for the following measures: preventing and combating soil erosion; chemical…
The intensification of Moldovan-Polish bilateral cooperation in the commercial-economic sector and supporting the country’s European path were the main topics of discussion between Prime Minister Dorin Recean and Polish Ambassador to Chisinau Tomasz Michal Kobzdej, the government’s communication and protocol department reported. Dorin Recean welcomed the consistent support of Warsaw authorities for the country’s European…
The new deregulation package, approved by the Government at the initiative of the Ministry of Economic Development and Digitalization and which brings significant changes in areas such as digitalization, labor relations and state control of entrepreneurial activity will allow saving about 50 million lei annually (2.5 million euros). Deputy Prime Minister Dumitru Alaiba, Minister of…
Cricova winery launched for the first time the series of organic wines – WILD. This was possible thanks to the company’s investments in modern management methods, qualified specialists and modern technologies. Attending the event, Deputy Prime Minister Vladimir Bolea, Minister of Agriculture and Food Industry, said that organic wines were increasingly appreciated by local consumers…
As much as 93.9 million cubic metres of natural gas was consumed in February, down by 31.4% YoY. At the same time, the consumption dropped by 22 million cubic metres or by about 2.3% MoM. The Moldovagaz enterprise unveiled figures to this effect on March 10. According to Moldovagaz, compensations worth 552.3 million lei (27.6…