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News about Industry

In Japan, the utilitarian Toyota ProBox was approached with an unusual creative task: to turn a serial working station wagon into a stylized “mini-Land Cruiser 70”. The tuning studio Hakobanya from Fukuoka has undertaken this remodeling, having offered its version under the name 70 BOX – in social networks it is also called “70Yo.70 Destroyer” and similar sounding nicknames. In fact, it is an attempt to create an aggressive crossover-universal in the spirit of “seventy”, which Toyota has never had in this form.

Business & Companies 23 March 2026
Toyota

The governments of Moldova and the German state of Baden-Württemberg will set up an intergovernmental mixed commission to expand cooperation in economy, agriculture, energy and other fields.

Global Economy, European Integration 22 March 2026
Landtag of Baden-Württemberg

In February 2026, Moldova’s energy sector recorded a sustained deflationary dynamic: producer prices decreased by more than 5% with respect to all key comparison periods (January 2026, December and February 2025).

Moldova’s Economy 22 March 2026
power engineering

Xiaomi (China) has launched its flagship AI model MiMo V2 Pro, which has beaten DeepSeek V3.2, Claude Sonnet 4.6 and DeepSeek V3.2 in the rankings on the “OpenRouter” platform even before its official release, according to Logos Press.

Technology & Innovation 21 March 2026
Xiaomi

The $80 billion global diamond industry is experiencing one of the most serious crises in history. Demand is declining, both rough and treated stones are becoming cheaper, and market participants have less and less faith in a quick recovery.

Investments & Markets 21 March 2026
diamond

For the second year in a row, Kernel Agroholding has maintained absolute leadership in the country’s two key export categories – cereals and sunflower oil – and holds the first position in the overall ranking. In the structure of Ukraine’s exports, every tenth dollar is Kernel’s contribution.

Agribusiness & Winemaking 21 March 2026
kernel

Spandex manufacturer Lycra has filed for Chapter 11 bankruptcy in Texas. The company plans to turn over control of the business to creditors and write off a significant portion of its debt, while preserving jobs and supplies for customers.

Business & Companies 17 March 2026
Lycra Company

The abolition of VAT and excise tax exemptions for enterprises on the left bank of the Dniester will bring more than 3.3 billion lei in additional revenues to the Moldovan budget. Such calculations, with reference to the Customs Service, are given by the authors of the draft law, which aims to “equalize” the tax regime on both banks of the Dniester.

Export & Import 16 March 2026
leis

Saudi Arabia has offered long-term buyers to receive April oil shipments through the port of Yanbu in the Red Sea. The country is preparing for possible prolonged disruptions in the Strait of Hormuz.

Energy 16 March 2026
red sea

The global aluminum market is rapidly entering a deficit phase after one of the metal’s largest producers, Aluminium Bahrain, announced it would cut nearly 20% of its production capacity amid supply disruptions across the Strait of Hormuz due to the war in Iran.

Investments & Markets 16 March 2026
Aluminum