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ELECTORAL PERIOD STARTS IN MOLDOVA
20 august,Q 2019 ELECTORAL PERIOD STARTS IN MOLDOVA

The Central Election Commission (CEC) announced the beginning of the pre-election period on choosing local administration bodies starting from August 19. It also approved the calendar plan of activities, connected with the upcoming elections.

CC JUDGE DEMANDS CANCELING THE DECISION ON APPOINTING COURT CHAIRMAN
20 august,Q 2019 CC JUDGE DEMANDS CANCELING THE DECISION ON APPOINTING COURT CHAIRMAN

Judge of the Constitutional Court Domnica Manole demands to cancel the decision on appointing Vladimir Turcan as Chairman of the Court. She said to journalists on Tuesday that she wrote an address to the CC with the demand to revise the adopted decision, though she was among those who voted for this decision.

ENERGY EFFICIENCY AGENCY ANNOUNCES CALL FOR APPLICATIONS FOR MOLDOVA ECO ENERGETICA 2019
20 august,Q 2019 ENERGY EFFICIENCY AGENCY ANNOUNCES CALL FOR APPLICATIONS FOR MOLDOVA ECO ENERGETICA 2019

The annual contest “Moldova Eco Energetica”, conducted by the Energy Efficiency Agency together with the United Nations Industrial Development Organization (UNIDO), has started in Moldova on Tuesday.

BT EARNED AROUND 200 MILLION EUROS PROFIT IN 1H2019
20 august,Q 2019 BT EARNED AROUND 200 MILLION EUROS PROFIT IN 1H2019

The profit of the Banca Transilvania financial group accounted for 492.36 million Romanian lei (200 million euros) over the first 6 months of 2019. The group has two financial assets in Moldova – country’s first private bank Victoriabank [BT is holding over 40%, being major shareholder together with the European Bank for Reconstruction and Development, which is holding slightly more than 28%] and the company BT Leasing.

Politics

ELECTORAL PERIOD STARTS IN MOLDOVA

20 august, 2019

The Central Election Commission (CEC) announced the beginning of the pre-election period on choosing local administration bodies starting from August 19. It also approved the calendar plan of activities, connected with the upcoming elections.

Economics

HoReCa REPRESENTATIVES ASK PRESIDENT TO RENOUNCE PROMULGATION OF LAW ON VAT RAISING

19 august, 2019

Representatives of the National Association of Restaurants and Entertainment Establishments (MAR) submitted an official letter to President Igor Dodon with the request not to promulgate the law on raising the VAT for this branch to the standard 20% from 10%.

Finances

BT EARNED AROUND 200 MILLION EUROS PROFIT IN 1H2019

20 august, 2019

The profit of the Banca Transilvania financial group accounted for 492.36 million Romanian lei (200 million euros) over the first 6 months of 2019. The group has two financial assets in Moldova – country’s first private bank Victoriabank [BT is holding over 40%, being major shareholder together with the European Bank for Reconstruction and Development, which is holding slightly more than 28%] and the company BT Leasing.

Society

THE CONDOLENCES

20 august, 2019

Philip Morris expresses its sincere condolences on the tragic death of the long-term business partner of the company, co-founder of Acvilin-Grup, Iurii Luncasu.

Transnistria and Gagauzia

RUSSIA STANDS FOR RETURNING PMR IN MOLDOVA – SERGEY LAVROV

16 august, 2019

Russia has never recognized Transnistria, but keeps standing for the settlement of the conflict in this region and returning of the unrecognized Transnistrian Moldovan republic in the membership of a sovereign, neutral and non-bloc Moldova.

Culture and sport

PRESIDENT DODON PROPOSES TO USE ICELAND’S EXPERIENCE IN NATIONAL FOOTBALL DEVELOPMENT

16 august, 2019

President Igor Dodon proposes to use Iceland’s experience in the Moldovan football development. He wrote on his Facebook page that this topic was discussed at the meeting with the new President of the Moldovan Football Federation, Leonid Oleinicenco.

Interview

PRICE OF MAIB SHARES REACHES A RECORD HIGH OF 2,501 LEI ($140)

07 august, 2019

Only a few Moldovan citizens of the 2 million shareholders existing in the country back in the 1990s were fortunate enough to become the owners of valuable assets, getting increasingly expensive year on year and even bringing in dividends on a regular basis. And topping this rather short list of attractive issuers are the shares of Moldova’s biggest financial institution – Moldova Agroindbank (MAIB). Their price quotation on the regulated stock market has reached 2,501 lei per one share with face value of 200 lei.

Press release

CLOSING THE FINANCIAL TRANSACTION OF THE ACQUISITION IN MOLDOVA

25 july, 2019

OTP Bank Plc. announces that on 25 July 2019 the financial transaction of the Moldovan aquisition has been completed. As a result, OTP Bank has become 96.69% owner of Mobiasbanca – Groupe Societe Generale S.A. („MBSG”), the Moldovan subsidiary of Societe Generale Group.

Photogallery

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