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    At the end of its activity in 2024, Termoelectrica SA generated 4.437 billion lei in revenues and made a profit of 5.644 million lei. In 2023, the income of the 100% state-owned enterprise was estimated at 5.615 billion lei, while losses of 43 million lei were registered.

    Politics & Economy 22 June 2025

    Two groups of first-degree administrative-territorial units have approved the councils’ decisions on voluntary unification of mayoralties. The first one includes the city of Leova and the adjacent villages of Sirma, Toquile-Reducani and Serata-Razes. The second group consists of the village of Călinesti, the commune of Ketris and the village of Hînceşti in the district of Falesti. These changes in Moldova’s administrative-territorial system were approved by the Cabinet of Ministers on June 18.

    Politics & Economy 21 June 2025

    From June 1, 2025 in Moldova, technical inspection of personal vehicles less than 10 years old will be carried out every two years instead of annually. For buses, cabs, ambulances, and cars more than 10 years old, it is mandatory to have a technical inspection once a year, instead of after six months, as now.

    Politics & Economy 15 June 2025

    A package of amendments to the tax legislation proposed by the Ministry of Finance is expected to be approved by the end of the mandate of the current parliament.

    Politics & Economy 15 June 2025

    Moldova intends to introduce regulation of employment through so-called temporary employment agencies. The Ministry of Labor and Social Protection has drafted a bill amending certain normative acts, through which Directive 2008/104/EC on employment through a temporary employment agency and Directive 91/383/EEC, supplementing Moldovan labor legislation with measures aimed at ensuring the safety and health of workers who have concluded fixed-term or temporary employment contracts, will be transposed into national legislation.

    Politics & Economy 14 June 2025

    The share of external and internal borrowings and grants in the state budget of last and this year reached 31%. This is 10% more than on average in 2013-2020. Such statistics is given by the former chairman of the parliamentary commission on economy, budget and finance Volodymyr Golovatyuk, commenting on the results of budget execution for four months of the current year. The report as of April 30, 2025 was released by the Finance Ministry late last week.

    Politics & Economy 14 June 2025

    Grants worth 22.3 million lei were awarded on 3 June to 80 local companies with the assistance of the Organization for Development of Entrepreneurship (ODA). According to the organization, these funds will allow attracting investments worth 42.1 million lei in the Moldovan economy. They will be used mainly for the purchase of modern equipment and digitalization of processes.

    Politics & Economy 9 June 2025

    The growth of the tax base of local budgets and the strengthening of the financial autonomy of local public administrations have always been disputes between representatives of the Ministry of Finance and the Congress of Local Authorities of Moldova (CALM). Recently, the parties reached consensus on the issues of setting the amount of the local levy for improvement, the right of local councils to introduce special taxes, and the right to increase salaries and pay bonuses to employees from the mayoralties’ own revenues.

    Politics & Economy 1 June 2025

    This year, 15 million lei is allocated from the state budget to compensate employers involved in the dual education system. The funds are provided to enterprises in order to motivate them to participate in the system. The compensations cover the enterprise’s expenses for the training of a master who works with students. They also cover the monthly remuneration in the amount of the national minimum wage, paid by the employer to the students. Today it amounts to 5500 lei. These are the two most costly items for the enterprises where the students of the vocational education system do their internships. However, as Ludmila Stichy, vice-minister of education, told Logos Press, the money provided by the state for compensations is not fully utilized.

    Politics & Economy 31 May 2025

    The report of the International Monetary Fund for 2025 has made a lot of noise. Expert Veaceslav Ionitsa, without naming names, criticized the tax control system. According to the economist, its current mechanisms are inefficient and the process itself lacks the logic of risks. This affects the state’s ability to fight tax evasion.

    Politics & Economy 24 May 2025

    In early April, the Ministry of Infrastructure and Regional Development announced the launch of the road repair program “Europe Next Door 2025”. As a reminder, it was included in the additional financing package for this year under the general name Buget plus. And then, in the course of adjustment, also in the state budget 2025.

    Politics & Economy 18 May 2025

    On June 1, 2025, the www.servicii.fisc.md portal will be discontinued after 15 years of use. Many accountants and company managers see this as a problem, fearing that the taxpayers’ information accumulated on the site may be affected.

    Politics & Economy 16 May 2025

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