At the same time, over the period 2019–2025, Moldtelecom’s total net profit amounted to 648 million lei, placing the company among the four most profitable state-owned enterprises in Moldova.
The company ended the first half of 2026 with a profit of over 125 million lei, which is 30 million lei higher than the figure for the same period last year.
However, the report by the investigative commission on the results of its audit of state-owned enterprises notes that, throughout the period under review, Moldtelecom JSC operated with a chronically low current liquidity ratio of between 0.2 and 0.35.
In the commission’s view, this model of financing current operations through constantly rolling over trade payables, whilst cash resources are limited and significant investments are required, creates a hidden operational risk.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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