News about Investments
US department store chain Saks Global has received an additional $300 million in financing, marking an important step in its financial recovery. The funds are part of a larger $1.75 billion package of support generated through Chapter 11 bankruptcy proceedings in the US. At the same time, the company’s shareholders approved a five-year growth strategy aimed at returning the business to sustainable profitability.
Billionaire Ilon Musk never tires of surprising the world with his ideas and new large-scale initiatives. He announced his next mega-project with investments of up to $45 billion on Saturday, March 14, 2026.
The funds from the European Union will be used for investments in energy, water supply and social services, including support for children and youth. This was stated by Prime Minister Alexandru Munteanu, commenting on the European Commission’s decision to allocate 189 million euros within the Reform and Growth Mechanism for Moldova.
Tesla has entered into a major $4.3 billion agreement with LG Energy Solution to grow its fast-growing energy storage business. As part of the deal, battery cell supplies will be sourced from a facility in Lansing, Michigan, which was previously created as a joint project between LG and General Motors, but was later reoriented to meet new challenges.
Moldova has an acute shortage of designers, which hinders the implementation of large energy projects. Because of this, the €326 million, seven-year project “Optimization of the district heating system in Chisinau” faced serious risks at the start.
The Government of the Republic of Moldova offers citizens an important opportunity to finance the modernization of individual houses. Within the second call for proposals Casa Verde (“Green House”), launched on March 18, 2026, another 1,000 households across the country will benefit from non-refundable financing of up to 200 thousand lei for energy-efficient modernization of their homes.
The annual GTC developer conference, taking place in San Jose from March 16-19, has long been a barometer of the entire artificial intelligence industry.
Record figures have been recorded in the renewable energy sector in Moldova. Over the last four years, the installed capacity has increased almost 12 times. A quarter of the total volume of electricity consumed is the share of “green” energy.
Robert Kiyosaki, author of the personal finance book “Rich Dad, Poor Dad,” has promised his subscribers online X a global economic crisis.
The European Commission announced on March 17 the allocation of 189 million euros under the Reform and Growth Mechanism for Moldova, following the country’s successful completion of 24 reforms.
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.
American Forbes has presented an updated global ranking of billionaires. Women are still in the minority, but their share is gradually increasing.
Minister of Economic Development and Digitalization Eugeniu Osmokescu is on a working visit to Washington, DC this week. During his visit, he held a series of meetings at the Center for European Policy Analysis (CEPA), the Economic Development Partnership of North Carolina (EDPNC) office and Widelity Inc. to discuss specific areas of investment and cooperation.
IuteBank, a member of the Estonian Iute Group, has completed the transition period following the process of establishing a transitional bank and will start operating as a commercial bank on the Ukrainian market from March 17.
IMF Deputy Executive Director Marnix van Reij is on a two-day working visit to Chisinau to hold consultations with the Moldovan leadership on a new cooperation program.
On March 17, the price of the first cryptocurrency rose to $75,900. Last time such levels were observed only in early February.
Chisinau, March 16, 2026. The #YouthEconomy financial education program, supported by iute Moldova, celebrates its one-year anniversary during Global Money Week, taking place from March 16 to 20. Thanks to the enthusiasm and growing interest of young people, the project continues this year, offering students meetings with renowned business people and interactive workshops on entrepreneurship and sound financial management.
The Institute of Emergency Medical Care plans to rehabilitate an artesian well on the territory of the hospital at 1 Toma Ciorba str. in Chisinau.
Just three months after the launch of the Galaxy Z TriFold model, Samsung Corporation will discontinue its production, according to Logos Press.
English soccer club Chelsea have been fined £10.75 million (approximately €12.4 million) and banned from transferring players for one year with a two-year suspension, according to Logos Press.
