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The second State Investment Support Agreement was signed on April 11 between the Ministry of Economic Development and Digitalization and Axedum Group, which is a family business in agriculture,” Logos Press reported.
In recent years, a new direction has appeared in Moldovan exports: shipments are made to importing companies in European and American countries, the owners of which are our compatriots who permanently reside there. Thanks to them, new markets are developing that are difficult to penetrate.
The introduction of 31% duties for Moldova by the USA not only creates problems with exports to this country, which has become one of the main markets for Moldovan alcohol. There will be more serious consequences for Moldovan exports in the not very distant future.
Economists around the world used to consider customs duties as a mechanism of total protection (“carpet bombing”) and long-term action. But stereotypes are changing. No sooner Moldovan exporters were frightened by the “adult” duty of 31% imposed by the USA on goods from Moldova, than President Trump announced a 90-day pause on their application. And a 10% tariff freeze for many countries around the world that have demonstrated loyalty. Including Moldova, according to the Ministry of Economy of the Republic of Moldova. In this regard, some Moldovan exporters began to move away from the initial shock.
Easter vacations are the first and most valuable “peak of sales” of early Moldovan strawberries. It is important to get into it, i.e. to be on time. This year local producers of this berry (greenhouse) will almost certainly have time to bring their goods to the client. The only problem is that it is unlikely to sell it dearly. Although…
Staff and members of the PIIPC Meat Processing Industry Patronage Council say wholesale pork prices for sausage and other meat product manufacturers have increased an average of 10-15% this week. For some of them, even more. So far, processors are mostly keeping prices for finished products at the pre-crisis level. Only for some positions of “pork assortment” they decided to raise the factory price tag by a few percent. However, everyone fears the worst.
The repayment of debts of Aroma SA, which had been in the process of insolvency through restructuring since 2013, became possible thanks to the government’s decision to merge the two state-owned enterprises. Although the takeover of the Chisinau-based Aroma JSC by Balti-based Barza Albă JSC is not yet legally finalized, the former has allocated 28.9 million lei to the latter for debt repayment.
The best wines in the world are made from grapes grown on old vines. These wines are both more expensive because of their higher production costs due to the low yield of such vineyards, and valuable because of their uniqueness. Moldova has not yet recognized the possibility of obtaining a higher added value from such wines.
In the nervous atmosphere created by the outbreaks of African swine fever on the largest pig farms in the Republic of Moldova, there is an impression of an emerging “conflict of interests” between pig farmers, meat processors, meat consumers and the authorities. The representatives of the Patronage of the Meat Processing Industry PÎIPC are sure that there is a compromise, it just needs to be accepted by all stakeholders.
