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Category: Pro Business
Insurance company intermediaries earn more than half of the income of the insurance market as a whole from commissions, according to Logos Press.
The Moldovan company Lux Packaging produces premium-class packaging for world brands such as Chanel, Christian Dior, Acqua di Parma, Versace, Ferrari, Trussardi and annually sells more than 25 million lei worth of products.
Dedeman, Romania’s largest home improvement (DIY) retailer, is expanding its operations in Moldova through “strategic investments that will create jobs and strengthen the regional business climate”, Logos Press reported.
The Romanian company Grampet has obtained the authorization to operate the newest road bitumen melting plant in Romania and started selling this product in Moldova, – reports Logos Press.
Entrepreneurs will no longer have to figure out what procedure to use to ask the government for business support and how to fill out documents, the format of which will be unified, Logos Press reports.
Djofra-M is among the top ten fiberglass producers in Europe with a 2% share, but intends to be among the top three on the continent in the future, Logos Press reported.
The 10th anniversary forum of Moldovan business Moldova Business Week 2025, which opened on September 15, has 1300 participants from 40 countries and 10 delegations from China. Poland, Germany and other countries, Logos Press reported.
Israel’s plans to establish a temporary terminal at Chisinau airport for Bratslav Hasidim traveling to Uman have run into difficulties after Chisinau made new demands, Logos Press reports.
The Israeli government will finance the construction of a temporary terminal at Chisinau airport as part of a 20 million shekel (100 million Moldovan lei) operation to support flights to Uman for Rosh Hashanah, Logos Press reported, citing The Jerusalem Post.
In Romania, from August 1, VAT on books has been increased from 5% to 11%, which has become a problem for many publishers, including those from the Republic of Moldova – Logos Press reports.
A Romanian company controlled by the family of former Moldovan Energy Minister Constantin Iavorschi will store and ship 24-hour bitumen owned by OMV Petrom, Logos Press reported.
Austrian insurer Vienna Insurance Group (VIG) has single-handedly won the tender to acquire 80% of shares of Moldovan insurance company Moldasig at a public auction. This gives VIG market leadership in Moldova with a market share of about 30%,” Logos Press reported.
French renewable energy company Qair said it has acquired 135.5 MW of wind power capacity in Moldova and Romania, which will allow it to continue its expansion in Eastern Europe – Logos Press reports.
The main problem for bakeries remains labor resources – there are no machines capable of making traditional Moldovan placindas, Logos Press reports.
“Casa Vinicola Luca” has benefited from four programs of the Organization for the Development of Entrepreneurship (ODA), which has allowed significant business development in terms of reindustrialization, digitalization, tourism development, Logos Press reported.
The term of validity of permits for new routes of bus passenger transportation between Moldova and Ukraine will be increased from 3 to 5 years, Logos Press reports.
During the last four years, 2109 companies with foreign and mixed capital were registered in RM.
Moldova Textile Export cluster has established itself on the international market: this year it will participate in the Paris and Milan Fashion Weeks.
More than 45% of savings of the population of Moldova are kept on “dead deposits” – bank accounts without interest.
The Cabinet of Ministers approved the State Program for the creation and development of industrial parks worth 250 million lei, of which 50 million lei for 2025,” Logos Press reported.
