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Moldova achieved a historic success at the Paralympic Games in Paris. For the first time, Moldova’s representatives won 2 medals: Ion Basoc became silver medalist of the Paralympic tournament in para-judo in the weight category over 90 kg, and the 2008 Paralympic champion Oleg Cretsul won bronze medal in the weight category up to 90 kg. Three more athletes – Gheorghe Spinu, Larisa Marinenkova and Inna Cernei – did not win medals, but they also represented our country with dignity. By the way, for Larisa Marinenkova the last Paralympics became the fifth in her sporting career, and Inna Cernei made her debut at the main Games of the 4th year.
The National Food Safety Agency (ANSA) inspected 88 wineries in 2024 (82 in 2023) and 40 specialized warehouses (39 the year before). A total of 186 state control inspections were carried out, including 58 unannounced inspections, not counting participation in joint inspections with other bodies.
Overall wine consumption is currently declining worldwide. And this trend will continue. However, there are some types of wines for which demand is growing. Among them is pet-nat. Why don’t we produce and sell what is fashionable and in demand?
Recently, the leaders of eight non-governmental agricultural sectoral organizations sent an “open letter” to the Parliament of the Republic of Moldova with a proposal to withdraw and annul the draft Law No. 69/06.03.2024 on the organization and functioning of the Chambers of Agriculture.
Experts believe that in the structure of agricultural production the optimal ratio of plant and animal products is about 60/40. Last year the agrarian sector of the Moldovan economy came almost close to this ideal proportion. Although not in the best way.
According to the preliminary data of the National Bureau of Statistics of the Republic of…
The Government has worked out a draft decision on the approval of the Regulation on the procedure for maintaining the State Register of topographic-geodesic works, including the mechanism for recording and issuing data from the register.
It is no secret that the real estate market of neighboring Romania in recent years has become quite interesting and attractive for designers, builders and ordinary citizens of the Republic of Moldova, who do not mind acquiring a home there. Some operators of the real estate market in Chisinau open agencies in Romanian cities, thus expanding the field of their activity.
There is speculation that Russian financial markets may soon reopen. According to Bloomberg, many investors are already waiting for their time.
It has never been clearer that Europe must become self-reliant. But in discussing how to achieve this, European leaders should not make a deceptive choice between security and competitiveness on the one hand and climate goals on the other. Such a move would deprive Europe of one of its main strategic advantages: a significant lead in the pace of transition to a low-carbon economy.
This unique B2B event dedicated to the retail, distribution and FMCG market is held for the 7th time. During one day, more than 300 participants – representatives of the largest retail chains, manufacturers and importers, gas station chains, logistics and transportation companies – will come together to analyze the latest industry trends and open new opportunities for cooperation.
The central bank gave an optimistic inflation forecast – its peak, according to NBM estimates, has already passed. NBM Vice President Petru Rotaru presented the first inflation report of the year and confirmed that the NBM is determined to return to the target of 5%. But within a wider range of possible deviations.
“While economic growth is expected to recover in 2025, downside risks remain. Authorities should pursue prudent policies and maintain adequate levels of reserves, and have robust contingency plans in place, including shocks to the energy sector. And at the same time – promote investment and reforms favorable to economic growth. The EU accession process will also play a favorable role in this regard.
The updated memorandum of the International Monetary Fund (IMF) on the results of the sixth program review includes new commitments for Moldova for 2025. Among them – those not fulfilled in the past. They are related to increased risks of climate change and anti-corruption agenda, central bank management, budget revenues and salaries of officials. Two more assessments are foreseen under the program, which will end in December 2025.
Moldova decided to remind about the “Solidarity Lines” and to offer investors to invest in this European initiative. The first Moldova-Benelux business forum is scheduled for next week. At the forum, the Moldovan authorities intend to invite investors from Belgium, the Netherlands and Luxembourg to participate in the reconstruction of Ukraine, presenting Moldova as a “strategic partner” for this purpose.
France will grant Moldova a loan of 30 million euros for the energy rehabilitation of buildings within the INSPIREE project with a total value of 73 million euros.
A technically uncomplicated invention by Moldovan engineers has reduced heating costs by three times. Moldovan startup EcoFabrica has developed Dual-Heat Pro – an air-to-air solar collector that uses solar energy for space heating and water heating.
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.
