The Moldovan company HempBuild Solutions has adapted its technology for the production of an innovative building and insulating material, arbolite, to local raw materials. Its main components are hemp stalks, lime and clay. This became possible after the ban on the cultivation of industrial hemp was lifted in Moldova.
The Bulgarian Ministry of Transport has announced that drivers transiting Bulgaria will have to pay more for a vignette. The increase in cost will affect both drivers of passenger cars, as well as freight and passenger vehicles.
The railroad passenger service between Chisinau and Odessa may be resumed,” Logos Press reports.
Moldovan entrepreneurs can export goods duty-free to Norway, Iceland, Switzerland and Liechtenstein.
The capacity of the Vertical Gas Corridor from Bulgaria to Moldova will double.
The State Tax Service has initiated a public discussion of amendments to the STS Order No. 427/2018 regarding the establishment of the procedure, structure and deadlines for the submission of information by entities listed in Article 92 and Article 226.11 of the Tax Code – reports Logos Press.
The disposable income of the Moldovan population increased by 7.5% in 2024 compared to 2023 and amounted on average to 5283.8 lei per person per month. At the same time, consumer spending was at an average of 4,407 lei per person per month, up by 3.7% compared to 2023 – Logos Press reported.
Moldova has expressed interest in using Ukraine’s underground gas storage facilities to create its own gas reserves. This was reported by the Moldovan Energy Ministry following talks between Minister Dorin Jungietu and his Ukrainian counterpart German Galushchenko, which took place in Kiev.
Moldova’s current account deficit in 2024 increased by 54%, from $1.9 billion in 2023 to $2.9 billion at the end of last year.
Romania’s biggest producer and largest supplier of natural gas, state-owned Romgaz, has announced its intention to establish a subsidiary in Moldova.
One of the world’s largest port operators, DP World (Dubai Port World), is launching a comprehensive end-to-end logistics service and integrating Moldova into European supply chains.
The first two contracts for 2025 within the Interreg NEXT Romania-Republic of Moldova program were signed. The selected projects will receive funding in the amount of 536 thousand euros. This was announced by the Romanian Ministry of Development, Public Works and Administration.