maib_esspreso

Economics

KLASSIKA ASIGURARI LICENSE SUSPENDED FOR 6 MONTHS

KLASSIKA ASIGURARI LICENSE SUSPENDED FOR 6 MONTHS
11 octomber, 2019

The National Commission for Financial Market (NCFM) suspended for half a year the license to the insurance company Klassika Asigurari.

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WB PRESERVES MOLDOVA’S ECONOMIC GROWTH FORECAST UNCHANGED

WB PRESERVES MOLDOVA’S ECONOMIC GROWTH FORECAST UNCHANGED
10 octomber, 2019

The World Bank maintains that the growth of the Moldovan GDP in 2019 will account for 3.4%, in 2020 – 3.6% and in 2021 – 3.8%. This is said in the new WB report on the economies in countries of Europe and Central Asia. Meanwhile, against the June report Global Economic Prospects, the target growth of the Moldovan economy was left unchanged.

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MOLDOVA CLIMBS TWO POSITIONS IN GLOBAL COMPETITIVENESS RATING

MOLDOVA CLIMBS TWO POSITIONS IN GLOBAL COMPETITIVENESS RATING
10 octomber, 2019

Moldova climbed two positions in the Global Competitiveness Index, published by the World Economic Forum (Davos, Switzerland) on Wednesday, ranking the 86th of 140 countries.

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IASI-CHISINAU GAS PIPELINE TO BE OPERATIONAL BY SPRING 2020 – ROMANIAN MINISTER

IASI-CHISINAU GAS PIPELINE TO BE OPERATIONAL BY SPRING 2020 – ROMANIAN MINISTER
09 octomber, 2019

The Iasi-Chisinau gas pipeline will be 100% operational by spring 2020, stated Minister of Foreign Affairs of Romania Ramona Manescu, who is making her first official visit to Chisinau.

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USAID AND MOLDOVA-FRUCT PRESENT MANUAL ON EXPORTING FRUIT IN SEA CONTAINERS

USAID AND MOLDOVA-FRUCT PRESENT MANUAL ON EXPORTING FRUIT IN SEA CONTAINERS
09 octomber, 2019

Moldovan fruit growers, interested in exporting fresh fruit to distant markets, such as Persian Gulf countries, Northern Africa countries, Bangladesh, India, got a manual on exporting fruit in sea containers.

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TIREX-PEROL MAJOR SHAREHOLDER SELLS THE COMPANY

TIREX-PEROL MAJOR SHAREHOLDER SELLS THE COMPANY
08 octomber, 2019

The company Mabanaft-Moldova GmbH (Switzerland) – the majority shareholder in the Tirex-Petrol company, which is working in the petroleum product market of Moldova, sold its package worth 95.96% to the Moldovan company Estcon Construct.

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PARLIAMENT DECLARES AIR MOLDOVA PRIVATIZATION ILLEGAL

PARLIAMENT DECLARES AIR MOLDOVA PRIVATIZATION ILLEGAL
07 octomber, 2019

The Moldovan Parliament declared illegal the privatization of the Air Moldova company and recommended the Government to annul the contract. Such a decision was approved by majority of votes at the Friday's sitting on the basis of the report, presented by the commission on investigating suspicious cases of privatization in 2013-2019.

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GRADUAL INTEGRATION IN SINGLE DIGITAL MARKET IS ONE OF COUNTRY PRIORITIES – ECONOMY MINISTER

GRADUAL INTEGRATION IN SINGLE DIGITAL MARKET IS ONE OF COUNTRY PRIORITIES – ECONOMY MINISTER
03 octomber, 2019

Program “EU4Digital: Support to Digital Economy and Society in Eastern Partnership” was launched in Moldova on Wednesday.

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TAX REVENUES TO BUDGET INCREASED BY 4.8%

TAX REVENUES TO BUDGET INCREASED BY 4.8%
03 octomber, 2019

As of the beginning of October, the revenues from taxes to the national budget accounted for 28.7 billion lei (US$1.621 billion), which is 1.3 billion lei or 4.8% more than over the equivalent period of 2018.

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FIA PRESENTS NEW WHITE BOOK WITH PROPOSALS ON IMPROVING BUSINESS CONDITIONS

FIA PRESENTS NEW WHITE BOOK WITH PROPOSALS ON IMPROVING BUSINESS CONDITIONS
02 octomber, 2019

The Foreign Investors Association presented on Wednesday the 6th White Book, in which country’s best experts presented proposals for improving conditions business.

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MOLDOVAN YOUTH INVITED TO APPLY FOR NATIONAL PREMIUM

MOLDOVAN YOUTH INVITED TO APPLY FOR NATIONAL PREMIUM
02 octomber, 2019

The contest for 2019 National Premium for Youth Sector started in Moldova on Tuesday.

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THOMAS MOSER REFUTES RUMORS ABOUT ACQUISITION OF GIURGIULESTI PORT SHARES

THOMAS MOSER REFUTES RUMORS ABOUT ACQUISITION OF GIURGIULESTI PORT SHARES
01 octomber, 2019

Chairman of Danube Logistics – the company operator of the Giurgiulesti Port Thomas Moser refuted the information, recently appeared in a number of media, that he would buy majority package of Giurgiulesti shares (80%) for only US$340.

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MOLDOVA TO RECEIVE AROUND 100 MILLION EUROS FOR INTERCONNECTION WITH EUROPEAN ENERGY SYSTEM

MOLDOVA TO RECEIVE AROUND 100 MILLION EUROS FOR INTERCONNECTION WITH EUROPEAN ENERGY SYSTEM
27 september, 2019

Three agreements, that imply receiving of financing for modernizing the country’s energy system and its connection to the European system, were signed in Chisinau on Thursday.

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SUBSISTENCE LEVEL IN MOLDOVA EXCEEDED 2028 LEI

SUBSISTENCE LEVEL IN MOLDOVA EXCEEDED 2028 LEI
27 september, 2019

Following the results of the first half of the year, the minimum living standard in Moldova accounted for 2028.3 lei (US$113.9) per capita per month, against 1895.7 lei compared with the equivalent period of 2018.

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GOVERNMENT DIRECTS ADDITIONAL 114 MILLION LEI TO ROAD REPAIRING AND MAINTENANCE

GOVERNMENT DIRECTS ADDITIONAL 114 MILLION LEI TO ROAD REPAIRING AND MAINTENANCE
26 september, 2019

The Road Fund money will be redistributed in a way that additional 114 million lei to be directed to works on repairing and maintenance of public roads, while the total sum of allocations for these purposes to account for not less than 322.2 million lei.

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ASIAN MARKETS HAVE STRATEGIC IMPORTANCE FOR MOLDOVAN WINES – CASTEL MIMI DIRECTOR

ASIAN MARKETS HAVE STRATEGIC IMPORTANCE FOR MOLDOVAN WINES – CASTEL MIMI DIRECTOR
26 september, 2019

Moldovan winemakers must focus their efforts on markets which are not producers and where the growth of wine consumption is registered, maintains Director of the Castel Mimi winery Cristina Frolov.

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PREMIER APPREHENDS LEST MOLDOVA SHOULD BE NOT ABLE TO RECEIVE RUSSIAN NATURAL GAS THIS WINTER

PREMIER APPREHENDS LEST MOLDOVA SHOULD BE NOT ABLE TO RECEIVE RUSSIAN NATURAL GAS THIS WINTER
25 september, 2019

Moldovan Prime Minister Maya Sandu believes there is a probability that Moldova may stop receiving Russian natural gas this winter namely from January 2020.

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STANDING COMMITTEE SUSPENDS CONTEST FOR ANRE DIRECTOR

STANDING COMMITTEE SUSPENDS CONTEST FOR ANRE DIRECTOR
23 september, 2019

The parliamentary Standing Committee on Economy, Budget and Finance suspended on Monday the contest for filling the position of National Energy Regulatory Agency. According to the decision of majority of contest commission members, the interviews with two candidates were postponed for indefinite term.

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MOLDOVA IT PARK DECLARED ONE OF WORLD’S BEST PRACTICES ON PROMOTING AND DEVELOPING IT ECOSYSTEM

MOLDOVA IT PARK DECLARED ONE OF WORLD’S BEST PRACTICES ON PROMOTING AND DEVELOPING IT ECOSYSTEM
20 september, 2019

The International Telecommunication Union awarded the Moldova IT Park with a certificate for the idea of raising Moldova’s digital economy competitiveness and declared it as one of the world’s best practices on promoting and developing IT ecosystem.

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MOLDOVA-RUSSIA INTERGOVERNMENTAL COMMISSION DISCUSS NATURAL GAS SUPPLYING

MOLDOVA-RUSSIA INTERGOVERNMENTAL COMMISSION DISCUSS NATURAL GAS SUPPLYING
19 september, 2019

Participants in the 15th session of the Moldova-Russia Inter-Governmental Commission for Trade and Economic Cooperation, held in Chisinau on Thursday, discussed the issues connected with the supplying of natural gas to Moldova.

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