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News
Tim Cook is stepping down today as Apple’s CEO and handing the position over to John Turnus, senior vice president of hardware engineering.
In less than 200 days, OpenAI has turned advertising on ChatGPT into a business with annual revenue of $1 billion. At the same time, the company is expanding its advertising platform into new markets, hoping to turn the chatbot’s massive audience into a standalone source of revenue ahead of its IPO.
Shein is going public on the Hong Kong Stock Exchange with a valuation of about $26.5 billion—nearly four times lower than the record $100 billion the company reached in 2022. The online retailer raised about $1.7 billion in its IPO, and trading in its shares will begin on September 1,
ABS 2000, a Moldovan waste management and recycling company, announced the opening of a glass recycling plant in the city of Buzău in southeastern Romania. The investment totaled approximately 7.4 million euros ($8.6 million).
The Danish Lego Group increased its sales by 21% in the first half of 2026, expanding its customer base by attracting new buyers. Sets themed around the World Cup and Formula 1, among other things, helped drive this additional demand.
The Organization for Entrepreneurship Development (ODA) announces the launch of new grant competitions for small and medium-sized enterprises between September and November 2026. The calls for proposals will be held monthly, and entrepreneurs will be able to submit projects within the budget allocated for each program.
The State Property Agency (ARR) of the Republic of Moldova has extended the deadline for investors to submit applications to participate in tenders for the privatization of four state-owned enterprises.
The Moldovan government is proposing to double the budget for the state aid program—from 2 to 4 billion lei—to support more projects aimed at developing and modernizing manufacturing.
The authorities plan to include a risk rating, the number of employees, and the number of vehicles operated by the company in the state registry of motor carriers. The current structure of this registry does not include such data.
More than 1,000 people planning to start their own business or grow an existing one have completed free training as part of the Startup Training Program, which was launched in March 2025. During this time, nine training sessions were held in various regions of Moldova.
Pandora is counting on growth driven by new jewelry collections, despite weak consumer sentiment in the U.S.—the company’s largest market. Pandora CEO Berta de Pablos-Barbier stated that it is precisely these vibrant new products, which are in high demand among customers, that are now becoming one of the main drivers of sales.
Repack Company manufactures packaging for eggs, fruits, and vegetables from waste paper; once this packaging ends up in landfills, it breaks down into environmentally safe components within a few weeks, and the company plans to expand its product line.
The Coca-Cola Company has appointed Victoria Shapron as CEO for Ukraine and Moldova. Shapron announced her appointment on LinkedIn on August 12. She previously worked at AB InBev, Visa, Red Bull, Motorola, and BAT.
Companies with foreign capital may be required to pay social insurance contributions not only for local employees but also for foreign employees.
Adrian Rezmeriță, a native of Moldova, has opened numerous Polonez stores in Ireland that sell goods from Eastern Europe, including Romania. The local Moldovan-Romanian diaspora is among the stores’ primary target customers.
Marshmallows from the “Bucuria” confectionery factory completely disappeared from retail stores in July and early August. The Chisinau-based factory’s flagship product is also unavailable at wholesale outlets, but this does not mean that production has been discontinued.
A group of IT billionaires is building a self-sufficient infrastructure on a remote ranch in Argentina in preparation for a nuclear war or a global catastrophe. Nearly $10 million has already been invested in the project.
Diageo, the world’s largest producer of spirits, has for the first time abandoned its target of a 5–7% annual increase in sales. Instead, the company is preparing for a prolonged period of weak demand and is launching a $1 billion cost-cutting program.
The Ukrainian marketplace Rozetka reported its largest financial losses in the company’s history following damage to its warehouse infrastructure near Kyiv.
The American corporation Procter & Gamble (P&G) has agreed to acquire the dietary supplement manufacturer Thorne for $3.8 billion. The deal will allow the owner of brands such as Ariel, Gillette, Oral-B, and Pampers to significantly strengthen its position in the rapidly growing market for health and wellness products.
