News about Investments
The new Cabinet of Ministers intends to conduct a large-scale review of state property and put assets that are not of strategic importance up for privatization. Prior to this, state-owned enterprises will undergo an audit, and their assets will be subject to an independent valuation. Prime Ministerial candidate Vasily Tofan presented these plans on Tuesday in parliament while outlining the future government’s program.
Thanks to the launch of the “Entrepreneur’s Office” digital platform in test mode (Cabinetul Antreprenorului), Moldovan businesspeople will be able to more easily access the financing programs and support services offered by the Organization for Entrepreneurship Development (ODA).
If you were to trace the entire course of the Moldovan crisis as a single chain of events, it would look like a closed system without a single safety mechanism.
NVIDIA CEO Jensen Huang’s black leather jacket was sold at a Sotheby’s charity auction in New York for $960,000. The price was nearly 16 times the auction house’s preliminary estimate of $40,000–$60,000.
A new elevator has been put into service at the Telenești Health Center as part of a modernization project costing over 1 million lei. Most of the funding for the project was provided by the National Health Insurance Company (CNAM) from the fund for the development and modernization of public healthcare providers.
Prime Minister Vasile Tofan believes that the future Minister of Agriculture, Radu Mustață, will face the most challenging term during his tenure as prime minister.
TechAngels Romania, Business Angels Europe, META Group, and the Moldovan Technology Transfer Network (MTTN) have jointly launched ESIL Moldova—a two-year program designed to build capacity for attracting investment from business angels in Moldova.
Prime Ministerial candidate Vasile Tofan believes that a “unique window of opportunity” has now opened for the new government to lead the country out of the crisis.
The name of the “Tofan government’s” program—“European Economy, Effective State”—clearly indicates its top priority: restructuring the economy and public administration institutions to meet the needs of European integration.
Prime Ministerial candidate Vasile Tofan presented an ambitious government program to the parliament, asking for a vote of confidence and … for patience: there are so many challenges ahead that immediate results should not be expected. At the same time, the candidate expressed complete confidence that his team would rise to the responsibility entrusted to it—all it takes is effort and moving step by step toward the goals outlined in the program.
The Romanian Ministry of Defense announced deals totaling 1 billion euros for the purchase of radars and helicopters from European aerospace giant Airbus and French defense company Thales.
Michael Saylor’s Strategy and Tom Lee’s Bitmine are no longer rushing to buy Bitcoin and Ether, given that their unrealized losses have reached several billion dollars each.
Russian sellers operating on the Wildberries marketplace are reporting significant losses following Ukrainian drone strikes on the company’s logistics centers on the night of July 20. The changes to the terms of service, which took effect shortly before the attacks, have caused the greatest discontent among sellers. Under the new terms, the marketplace is exempt from liability for goods destroyed or damaged as a result of hostilities, including drone attacks.
PayPal, which just a few years ago was considered one of the main winners of the digital payments boom, has found itself at the center of sale negotiations. Stripe, in partnership with the investment firm Advent International, has offered to buy the payment service for $53 billion. However, the board of directors considers the price of $60.50 per share too low.
Construction of the “Yampil–Cosăuți” bridge continues on the border between Ukraine’s Vinnytsia Oblast and the Republic of Moldova; the bridge will be part of a future international border crossing. Currently, about one-third of the planned work has already been completed.
For about two weeks, the leading cryptocurrency has been trading within a range of $62,000–$65,000.
Over the past workweek, the Agency for Agricultural Interventions and Payments (AIPA) authorized nearly 10 million lei in payments to farmers from the national budget fund.
The first official visit to our country by Drupadi Murmu, President of the Republic of India, has begun. Foreign Minister Mihai Popșoi welcomed the large Indian delegation at the gangway. The Indian delegation includes about 30 businesspeople who will participate in a business forum organized for this occasion. Moldovan authorities are hoping for Indian investment in agriculture, education, healthcare, information technology, and energy.
This spring, the government approved the Regulations on the Procedure for Developing a Project and a Planting Plan for Fruit Trees, Berry Shrubs, and Strawberries. However, these regulations are merely advisory in nature.
The World Cup, which was hosted by the United States, Canada, and Mexico over the course of a month, drew mixed reviews in the international press. While the American media calls the tournament a historic success that has changed the country’s attitude toward soccer, Mexican publications note that the festivities in the stadiums ultimately failed to translate into an economic breakthrough. RBC has compiled a selection of the most notable media reactions.
