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Twenty business associations from both sides of the Dniester River have publicly declared their commitment to supporting and promoting ESG (environmental, social, and governance) principles by signing a joint declaration.
Moldretail Group, which owns the grocery chains Linella, Fidesco, Fourchette, Cip Market, Bravo, Slavena, and Toto, as well as the Nuca coffee shops, intends to acquire the Merci deli chain.
On Tuesday, during pre-market trading, shares of SpaceX, a company specializing in space technology and artificial intelligence, fell another 4% following a $400 billion sell-off. This came after the company’s shares fell 16% on Monday as initially optimistic sentiment toward the company waned. SpaceX’s market capitalization stood at $2 trillion at the close of trading on Monday.
Elon Musk, the founder of Tesla and SpaceX, took first place on Forbes’ Real-Time Billionaires list of the world’s wealthiest individuals, with a net worth of $1.1 trillion. His net worth exceeds the combined net worth of his four closest competitors on the list.
Representatives of Moldovan business associations signed a joint agreement to promote environmental, social, and corporate governance (ESG) principles during an event titled “ESG for Strong Business.”
Japanese automaker Nissan has suspended development of an all-electric version of the Qashqai crossover—the company’s best-selling model in Europe. The decision was made as part of a cost-cutting program and strategy review amid growing competition and volatile demand for electric vehicles.
The market for nicotine pouches remains one of the most discussed categories in the smoke-free products sector. While some countries are introducing product standards and age restrictions, others are relying on bans. Logos Press spoke with Nick Ricketts, President of Oral Products at Philip Morris International, about which approaches are more effective, what can be learned from Sweden, and why regulation is becoming a key factor in the market’s development.
The Organization for Entrepreneurship Development (ODA), in partnership with the World Bank Group and with the support of the Government of the Republic of Moldova, is launching the “Export Accelerator,” aimed at small and medium-sized enterprises seeking to develop their export capabilities and expand their presence in international markets.
The Ministry of Economic Development and Digitalization has updated the Republic of Moldova’s Classification of Occupations (CMCO) by approving three new occupational standards. The ministry’s corresponding order has been published and has entered into force.
Europe’s leading marketers will compete for the first time for the title of European Chief Marketing Officer (Best Marketing Director in Europe). This is a new industry award that will be presented as part of the Cannes Lions International Festival of Creativity.
The German automotive group Volkswagen Group plans to cut about 50,000 jobs by 2030 as part of a large-scale restructuring program aimed at adapting to conditions in the global automotive market.
The European Bank for Reconstruction and Development (EBRD) has announced a call for proposals to conduct a market study on green certification for small and medium-sized enterprises in Moldova.
The National Bank of Moldova (NBM) and the Organization for Entrepreneurship Development (ODA) will conduct joint training and educational activities to improve the financial skills of entrepreneurs, including small and medium-sized enterprises, startups, and the self-employed. The heads of the two institutions—Anca Dragu and Vadim Codreanu—signed a corresponding Memorandum of Cooperation.
High-quality products, fast order delivery, expert advice during the product selection process, and competitive prices—you can find all of this on a single website: SmadShop.md, the largest online store in the Republic of Moldova. The variety of products is provided by approximately 70 suppliers from Romania, more than 50 from Poland, as well as suppliers from China, Slovakia, the Netherlands, Turkey, Ukraine, and 180 suppliers from the Republic of Moldova. Thus, it can be said that the SmadShop.md platform features over a thousand stores offering more than ten thousand types of products.
The Ministry of Economic Development and Digitalization announces the launch of public consultations on a comprehensive package of measures aimed at further digitalization and deregulation of business processes. According to the ministry, the proposed draft regulations eliminate operational and tax barriers and reduce regulatory requirements for e-commerce, including on social media.
Netflix shares fell following reports that the company had lost the battle to acquire Roku—one of the largest streaming platforms. Fox Corporation emerged as the buyer, having reached an agreement to acquire Roku for $22 billion.
Swiss watchmaker Rolex has raised prices on its gold models once again, marking the second price increase since the start of the year. According to industry analysts and dealers, the price of the brand’s gold watches in key markets, including the U.S., the U.K., and Hong Kong, has risen by an average of 5%.
The sale of De Beers, Anglo American’s legendary diamond division, could be finalized in the coming weeks. This was announced by the company’s CEO, Al Cook, who noted that the process of finding a buyer has reached its most advanced stage in the past two years.
The State Property Agency has announced the launch of an investment tender for the privatization of the state-owned enterprise “Chisinau Glass Factory” as a single property complex.
Large state-owned companies will be the first “voluntary” participants in the capital market to set an example for the private sector on how to conduct an IPO on the local stock market. Moldovan authorities plan to list a number of state-owned enterprises on the stock market. As part of these reforms, companies are beginning to prepare for listing on the new International Stock Exchange of Moldova, which is scheduled to launch in the summer of 2026.
