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The Iute Group, a banking group founded in Estonia, has obtained the approval of the National Bank of Ukraine and signed an agreement allowing it to continue the process of setting up a digital bank in Ukraine.
About 13,000 customers will be transferred from RWS Bank, a Ukrainian bank formerly owned by Swedbank Group. IuteBank will be built from scratch as a fully licensed digital bank operating under the supervision of the National Bank of Ukraine. Iute will limit its total investments in Ukraine to EUR 15 million and the bank’s net loss in 2026 will be capped at EUR 3 million.
Twenty years ago, the tobacco factory in Orhei, International Tobacco SRL, marked a new beginning after a difficult period of survival in the harsh conditions that followed the collapse of the USSR, including the economic crises of the 1990s. With a clear development strategy, well-structured management, and the ambition to keep alive an industry that was once a pillar of Moldova’s economy, International Tobacco SRL not only endured but became one of the country’s top taxpayers, contributing approximately 325 million lei annually in taxes and duties.
The Orhei tobacco factory of International Tobacco Ltd. recently celebrated the twentieth anniversary of its re-launch and rebranding in 2005. From then until now, the company has been continuously developing, becoming one of the most important enterprises for the Moldovan economy.
Moldovan private low-cost carrier FlyOne debuted in the SEE TOP 100 ranking of the largest companies in Southeast Europe for 2024 as the fastest growing company due to the increase in the number of passengers and expansion of routes, – reports Logos Press.
Dutch company Heisterkamp Transportation Solutions, one of the continental leaders in transportation and logistics, has announced the expansion of its operations in Eastern Europe by opening a unit in Moldova Technology Park (MITP), – reports Logos Press.
The Ministry of Finance and the National Bureau of Statistics (NBS) have announced their intention to cancel the joint order, dating back to 2008, on the approval of the standard form of the primary document of strict reporting “Act of purchase of services for the rental of property and related costs, – reports Logos Press.
Moldova is preparing to implement a modern digital platform for the management of inter-district routes, create a unified database and equip bus and railway stations, road transport companies and trains with equipment for contactless fare payment, – reports Logos Press.
Women entrepreneurs in the manufacturing sector on both banks of the Nistru River show significant potential for development and expansion in domestic and foreign markets, but continue to face obstacles that hinder their growth, Logos Press reports.
Citizens of the Republic of Moldova in 2025 registered in Ukraine (as of October 14) 129 PPE (physical person-entrepreneur), according to Logos Press.
Motor carriers were allowed to raise passenger transportation fares up to 20% above the established maximum, provided they document the increase in costs, Logos Press reported.
Access to electronic public services provided through state resources and information systems will be consolidated under the Unified State Portal EVO, Logos Press reported.
