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Dolce & Gabbana has begun talks with lenders about a possible renegotiation of debt terms amid weakening global demand for luxury goods.
Chisinau hosted the GPeC Meetup Chisinau, one of the most relevant events dedicated to e-commerce and digital transformation in the region, supported by iute Moldova as official partner. The event brought together entrepreneurs, online sales experts, business representatives and technology specialists, in a context marked by accelerated digitalization and the adoption of artificial intelligence.
The share of small and medium-sized enterprises (SMEs) in Moldova’s economy increased significantly after the National Bureau of Statistics recalculated registered companies according to a new methodology.
Jimmy Choo remains a key asset for Capri Holdings despite recent rumors of a possible sale. Group CEO John Idol emphasized that the brand is showing steady signs of recovery and growth.
The Chisinau GPeC Meetup brought together local entrepreneurs, e-commerce experts, business representatives and technology specialists in a day dedicated to growth strategies and online commerce development. The event, organized by FAN Courier with the support of iute Moldova, focused on specific solutions, current trends and expansion opportunities for businesses in the region.
The first day of Global Money Week 2026 started with a bang. On March 16, iute Moldova and Energbank, part of the international consortium Iute Group, joined forces to hold financial education events within the #YouthEconomy project. The event gathered more than 70 students from the National Trade College ASEM, who met with Sergiu Sobuleac, CEO of iute Moldova, and Lilia Boico, Chairman of the Board of Energbank.
In Japan, the utilitarian Toyota ProBox was approached with an unusual creative task: to turn a serial working station wagon into a stylized “mini-Land Cruiser 70”. The tuning studio Hakobanya from Fukuoka has undertaken this remodeling, having offered its version under the name 70 BOX – in social networks it is also called “70Yo.70 Destroyer” and similar sounding nicknames. In fact, it is an attempt to create an aggressive crossover-universal in the spirit of “seventy”, which Toyota has never had in this form.
A state-of-the-art mobile scanner was officially tested at the Tudor customs point. It was installed by the Customs Service (CU) as a pilot project and represents the next step towards full digitization and optimization of the customs control procedure.
The state enterprise Poșta Moldovei continues to modernize its infrastructure. The company purchased 10 new Fiat Doblo Maxi 2025 vehicles.
Russian oil company Lukoil has completely devalued its investments in foreign assets amid US sanctions.
Reporting financial institutions (so-called reporting units) will submit to the State Tax Service (STS) additional information on the financial accounts of enterprises.
US department store chain Saks Global has received an additional $300 million in financing, marking an important step in its financial recovery. The funds are part of a larger $1.75 billion package of support generated through Chapter 11 bankruptcy proceedings in the US. At the same time, the company’s shareholders approved a five-year growth strategy aimed at returning the business to sustainable profitability.
Spandex manufacturer Lycra has filed for Chapter 11 bankruptcy in Texas. The company plans to turn over control of the business to creditors and write off a significant portion of its debt, while preserving jobs and supplies for customers.
IuteBank, a member of the Estonian Iute Group, has completed the transition period following the process of establishing a transitional bank and will start operating as a commercial bank on the Ukrainian market from March 17.
Chisinau, March 16, 2026. The #YouthEconomy financial education program, supported by iute Moldova, celebrates its one-year anniversary during Global Money Week, taking place from March 16 to 20. Thanks to the enthusiasm and growing interest of young people, the project continues this year, offering students meetings with renowned business people and interactive workshops on entrepreneurship and sound financial management.
Independent analytical center Expert-Grup with the support of the Embassy of the Kingdom of the Netherlands in the Republic of Moldova and the Netherlands Agency for Enterprise Development (RVO), as well as in cooperation with the Academy of Economic Knowledge of Moldova (ASEM) and companies Backstage and ISD launched a program to support young entrepreneurs in the Republic of Moldova – business incubator Tulip 2026.
In Moldova, a platform “e-Petitions” is being created to simplify the submission of complaints about the quality of goods and services and to eliminate confusion about the state agencies responsible for working with consumers. Today, petitions are sent to several government agencies. With the help of a single window and special filters, the system will automatically redirect complaints about food, non-food products or services to the responsible body. The platform will reduce the response time, giving citizens the opportunity to track in real time the status of their complaints.
The Organization for Enterprise Development (ODA) announced the first financing decision under the FACEM Impact product, which is part of the project “SME Development Fund in the Republic of Moldova” financed by the German government through the German Development Bank (KfW).
Philip Morris International (PMI) reports further progress in its smoke-free journey. In 2025, the company saw growth in all categories of smokeless products: heated tobacco, nicotine sachets, e-cigarettes. According to financial results, smokeless products accounted for 41.5% of PMI’s total 2025 net revenues. At the same time, volumes shipped of smokeless products increased by 12.8% due to the transition of adult smokers to alternative products.
Financial experts of the French company BNP Paribas admitted that Nike may consider the possibility of selling the Converse brand, owned by the sports giant since 2003. The basis for such assumptions were both the decline in the brand’s financial performance and significant changes in management and cost structure.
