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Category: Economics

Moldova Secures $85M U.S. Grant for Cutting-Edge Energy Storage Systems to Strengthen Energy Security

Moldova will purchase a state-of-the-art Battery Energy Storage System (BESS) with a capacity of 75 MW and internal combustion engines (ICE) with a capacity of 22 MW to strengthen the country's energy...

Energocom predicts lower electricity consumption on Friday. The volume of renewable energy will double

Energocom Company announced today that it expects electricity consumption on the right bank of the Dniester to decrease by 3 percent on 17 January compared to 16 January. The company expects renewable...

(VIDEO) Constantin Borosan: “There is no basis for disconnecting electricity”

The State Secretary of the Ministry of Energy, Constantin Borosan, stated during the Rezoomat show on Rlive TV that the country’s electricity consumption situation remains under control, and scenarios involving network disconnections...

USAID Moldova has a new head. He has previously worked in Armenia, Bulgaria, Kosovo and Pakistan

USAID Moldova has a new Head of Mission. It's John Allelo. He will serve the mandate and lead the organization for three years.Previously, Allelo was head of the USAID Armenia Mission, where...

Russian Gas Deliveries to the Transnistrian Region Will Resume Soon, Announces Vadim Krasnoselski

The separatist leader Vadim Krasnoselski announced during a press briefing after his recent visit to Moscow that Russian gas supplies to Transnistria will resume soon. He stated that "there is not much...
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Who caused the Transnistria crisis? Answers to 7 key questions

1. How Did the “Gas War” Between Kyiv and Moscow Begin?The gas conflict between Russia and Ukraine is not new and dates back to the early 2000s. Disagreements have always revolved around...

The Government investment promotion program “373”: 3.5 billion lei were invested in the national economy

Beneficiaries of the 373 governmental program have invested over 3.5 billion lei in the national economy. Approximately 2.4 billion lei of this amount comes from loans, with the state compensating the interest...

The National Bank of Moldova raised the benchmark rate on the main monetary policy operations

The National Bank of Moldova (BNM) has raised the basic rate for principal, short-term monetary policy operations to 5.6% annually, up from 3.6%. The executive committee of the National Bank of Moldova...
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