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The 45th specialized exhibition MOLDAGROTECH opened in the international exhibition center Moldexpo on March 12. More than 60 exhibitors from 10 countries presented their products and technologies. The exhibition will last four days.
In 2024, the total value of agricultural products produced in Moldova amounted to about 41.37 billion lei. This is 1% less as compared to 2023, and the decline with respect to 2021 is about 14.5%. Taking into account the inflation rate and fluctuations in prices for vegetable and animal products, the conclusion is obvious – in real terms, the value of agricultural products has decreased and the sector is stagnating.
According to the annual Compendium on the socio-economic situation of Chisinau municipality in 2024, published by the National Bureau of Statistics, the construction sector has not had the best of times.
The Romanian residential real estate market is very diverse. In the last issue Logos Press described the situation on the residential real estate market in neighboring Iasi, now we decided to tell you how things are in Bucharest.
It is now clear that the administration of US President Donald Trump will betray Ukraine in its fight against Russian aggression. Trump himself has either become a victim of disinformation or is voluntarily trying to deceive Americans about the causes and consequences of this war.
The victory of Friedrich Merz’s party, the Christian Democratic Union (CDU), in the recent German federal elections virtually guarantees that Merz will become the country’s new chancellor, and this is an optimistic development for the European Union. A high degree of policy coherence between the German and EU leaders will make it possible to implement economic reforms in Europe, find ways to increase public spending in critical areas, and develop new budget rules.
In March, the most discussed movie of the year, “The Prince from Bubueche”, went on a national tour. After two full houses in Balti, it was seen on March 2 by the audience in Cahul. Next up are Rezina, Soroca, Drochia and Ungheni. The premiere of the picture took place in Chisinau on February 13.
All last year, the Moldovan labor market continued to shrink. Employment decreased quarter by quarter, the labor force potential decreased in unison. At the same time, the human resources services noted “market freezing”, both on the demand side and on the supply side. Following economic logic, caution in labor relations reduces risks for both sides in difficult times.
The Romanian state wants to buy an insurance company previously controlled by Moldovan tycoon Veaceslav Platon and Lukoil. The company provides health care to employees of Hidroelectrica, Romgaz and companies of other energy giants across the Prut.
Moldova’s aspiration to become a part of the European Union, which promises serious economic benefits from integration into a single market where capital, goods and labor can move freely, is ambiguously perceived by the country’s population. This was demonstrated by the results of the last referendum.
The European Commission (EC) has received requests from Kazakhstan, Moldova, Ukraine and 21 other countries outside the Organization for Economic Cooperation and Development (OECD) to be included in the list of countries eligible to import non-hazardous waste from the EU.
Starting from the summer of this year, Moldova may be able to receive electricity free of charge in certain cases. Moreover, sometimes the producer will even pay the consumer extra for its use.
In three months, the volume of smuggled Moldovan cigarettes in Romania decreased by 13 p. p., amounting to 10.5%. But this had little effect on the overall “disaster picture”.
The demand for eco-vehicles is growing in Moldova: over the last seven years, more than 57 thousand electric and hybrid cars have been imported into the country.
In Moldova, women own more bank cards than men (1.9 million pieces against 1.6 million) and make more non-cash payments (139.5 million transactions against 134 million). This was announced by the president of the National Bank, Anca Dragu, during the “Ring the Bell for Gender Equality”, in which the financial sector participated.
Supermarket chains are taking over the sales of household chemicals from specialized stores: this trend has become particularly noticeable in Moldova over the last year. This was reported to Logos Press by the director of Bonus, Local and Foxi chains, Dmitri Razloga.
The abolition of excise duty and implementation of VAT on car imports may be delayed for another year or more.
For small producers of beer, wine, fermented beverages other than beer and wine, as well as small ethyl alcohol production enterprises, the excise duty rate will decrease from the moment of Moldova’s accession to the EU. The benefit implies almost a double reduction (by 45%) compared to the standard rate that large and medium-sized producers will pay.
Serhiy Kotelnik will become the new director-general of the state-owned Moldovan Railways. This was announced to journalists by Infrastructure and Regional Development Minister Vladimir Bolia.
Minister of Economic Development and Digitalization Dmytro Alaiba has resigned as deputy prime minister and head of the department. As it is fashionable lately, he announced this on social networks, without stating specific and understandable reasons for his decision. At the same time, he made it clear that he would “continue to serve the interests of the country.” This immediately gave rise to various speculations about the reasons for the resignation and the future fate of the minister.
