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The Organization for Development of Entrepreneurship (ODA) has signed contracts with Fincombank, OTR-bank COMERŢBANK, EuroCreditBank and EXIMBANK under the FACEM fund program “BGK investments for energy efficiency and climate change adaptation”. Vadim Codreanu, head of the organization, told Logos Press.
There are ten banks left in Moldova. Few people remember now, but during the dawn of banking activity, 17 commercial banks were operating in the country at the same time. That’s at the same time. In reality, there were much more. But even today, as well as 35 years ago, many experts, especially foreign ones, believe that three to five banks would be enough for such a small country as Moldova. There is another opinion: every market participant has its own client, even in such a financially capacious sector as banking – even if the loan portfolio of a commercial bank (CB) is smaller than that of a non-banking credit organization (NCO). Still, the requirements for CBs are more stringent than for NCOs, and one must comply with them. It is not always necessary for NCOs to become banks.
The revenues of audit companies in Moldova in 2023 amounted to 286,304 million lei. This is by 14.8% or 36,908 thousand lei more as compared to 2022. Among other things, there was an increase in revenue from the realization of audit of financial statements, which increased by 9% (9,097 million lei). The market representatives explain this growth by the efforts and growth of audit companies, as well as by the growth of reporting. Plus the adjustment for inflation.
Moldova will have new ambassadors in Kazakhstan and Ireland The Parliamentary Commission for Foreign Policy and European Integration at a meeting on March 6 approved the positive candidates for these posts.
The State of Qatar is one of the most interesting and promising partners of Moldova in terms of potential for the development of multifaceted bilateral ties. Especially in the field of food trade, investments, energy interaction and humanitarian cooperation. Qatar was one of the first Arab countries to establish diplomatic relations with Moldova and opened its embassy in our country. Many believed at that time that this would be the key to developing closer cooperation not only with the State of Qatar, but also with the whole Gulf region. And even the whole Arab world.
The Palace of Railwaymen will not be sold, but will be transformed into a Palace of Culture and will become a place of attraction for artistic groups. Moldovan Railways has problems and cannot turn a blind eye to them, but they will be solved by restructuring the company.
The European Payments Council (EPC) on March 6 adopted a positive decision on the accession of Moldova and North Macedonia to the Single Euro Payments Area (SEPA). The European Commission’s statement on this occasion emphasized that this was a notable step towards the European integration of these countries.
In February 2025, 730 tax audits were conducted by the method of operational control, the press service of the State Tax Service reports. In 514 cases, violations of legislation were established, resulting in sanctions against violators.
The catering area of the Chisinau International Airport can generate 200 million lei per year, and it is foolish to give this money to outsiders. Such a message was voiced during the first press conference of the airport management, dedicated to the commercial fate of the facility.
Polish airline LOT Airlines is discussing the possibility of launching cargo and charter passenger flights to/from Marculeşti Airport. It is also considering the possibility of opening an operating base at Chisinau airport. This is related to the company’s intentions to increase the flight destinations and frequency of flights from Moldova to Polish cities for convenient connections for Moldovan transit passengers.
The US Senate has received a legislative initiative to consider VAT as an additional tariff. According to tax analysts, this idea, if implemented, could have consequences for companies from countries where VAT accounts for a serious share of the tax burden.
Moldova celebrated the National Reading Day on February 14. The date coincides with the International Book Giving Day, as well as the birthday of poet Grigore Vieru, who would have turned 90 this year.
