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Category: Economics

Food Prices Surge Over 60% in 3 Years in Moldova, Despite Inflation, Food Waste Continues, says expert Veaceslav Ionita

For three years, food prices in the Republic of Moldova have increased by over 60 percent, stated economic expert Veaceslav Ioniță. The analyst emphasized that despite the inflation-driven rise in food prices,...

Moldova’s Fruit Export Soars by 82% in 2023, EU Remains Key Market, Alaiba claims

In 2023, the export of plums, cherries, apricots, sour cherries, and peaches increased by 82% compared to 2022. The figures were presented by Deputy Prime Minister Dumitru Alaiba, Minister of Economic Development...

Victoriabank bought BCR Chisinau: the deal of the year on the Moldovan banking market

Victoriabank bought BCR Chisinau for 224 million lei. After the takeover of BCR Chisinau, ten banks will remain in the Moldovan banking market.The parties signed an agreement on the sale in March...

“Education and Research Play a Crucial Role in the Economic Future of Moldova,” claims Governor Anca Dragu

The National Bank of Moldova (NBM) will pay increased attention to research and interaction with the academic environment, considering these aspects crucial for improving the economic, and financial banking policies of the...

Romanian company OPCOM will be appointed responsible for the electricity market in Moldova

The limited liability company “Energy Market Operator M” is to be designated electricity market operator responsible for the creation and functioning of organized electricity markets in the Republic of Moldova. This company...
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Investigation Launched Against Head of Banking Subdivision in Moldova for Embezzling $135,000

The head of a subdivision within a commercial bank in the Republic of Moldova is currently under investigation by the National Anti-Corruption Center (CNA) in a case involving embezzlement of foreign assets....

USAID will support Moldovan farmers in implementing international standards

The USAID Rural Competitiveness and Resilience Project (PCRR) is excited to announce the initiation of a call for requests for technical assistance, including consultancy and training services. This initiative aims to bolster...

Moldova to Develop New Economic Opportunities with Swiss Support

With the support of the Swiss Government, Moldova is set to witness economic growth and improved working conditions for its citizens. In this regard, the Executive has approved the resolution project concerning...
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