Energocom Purchases First Power on Intraday Market Following OPEM Launch
On December 18, Energocom carried out its first transaction on the Intraday Market (IDM), a platform managed by Moldova’s Electricity Market Operator (OPEM). The company symbolically purchased 1 MWh of electricity, one...
More flights between Chisinau and Sofia during the winter holidays
During the winter holiday season, Wizz Air will operate additional flights between Chisinau and Sofia. The airline announced it will increase the frequency on this route to provide more travel options for...
Moldovan Exports Reach $3.5 Billion as EU Market Dominates Trade
In 2024, more than 2,200 Moldovan enterprises sold their products on the European Union market, accounting for over 70 percent of the country’s total exporting companies. Deputy Prime Minister for Economic Development...
Transnistria enters a state of economic emergency for 30 days
Authorities in the Transnistrian region declared a state of economic emergency for a period of 30 days. The so called Supreme Soviet unanimously approved the decree issued by the region leader, Vadim...
RED Nord seeks 517.4 million lei for electricity distribution, the ANRE cuts “only” 56 million
The National Agency for Energy Regulation (ANRE) set the basic costs for electricity distribution at S.A. “Northern Electricity Distribution Networks” (RED Nord) at approximately 517.4 million MDL for the first year of...
Romanian prosecutors carried out dozens of searches on Thursday, December 18, in a case targeting the illegal acquisition of Romanian citizenship through forged documents. Among the investigated beneficiaries are citizens of the...
Latest Stories
New York, Paris, Kyiv, or Bucharest? Maia Sandu’s most expensive trip in 2022
In 2022, Maia Sandu had 19 trips abroad. For transportation, accommodation, food, and other related expenses, the presidential administration spent more than half a million lei.Most of the money was directed to...
Alexei Buzu is the new Minister of Labor and Social Protection
Alexei Buzu is the new Minister of Labor and Social Protection. It was presented during the press conference, where Marcel Spatari announced his resignation.Alexei Buzu is executive director of the Partnership for...
The grape business: Moldova is a leader in production, but a laggard in export
According to the customs service of the Republic of Moldova, in the last month of 2022, about 12,000 tons of table grapes were exported from the country. This is a large amount,...
Is Moldova to face a recession in 2023? The WB report
The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable, reports Bloomberg. The warning is contained in an abstract...
Roberta Metsola meeting with Natalia Gavrilita: We will continue to support Moldova
The European Union continues to support the Republic of Moldova. The President of the European Parliament, Roberta Metsola, made the statement during the meeting with Prime Minister Natalia Gavrilița, in Bavaria, Germany."Moldova...
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Gavrilița in Germany: The price for gas, Moldova pays to Gazprom, increased 7 times in 2022
The current economic and security challenges, the impact of the war of the Russian Federation against Ukraine on the European states, as well as the measures to overcome the global economic crisis...
Moldovan wine exports, increasing! By the end of 2022 was sold 18.5% more
In the third quarter of 2022, the Republic of Moldova exported wines in the total amount of 37 million dollars, 18.5% more compared to a similar period in 2021, according to data...
VIDEO Administration of assets seized by CARA. The entire process up to the recovery or social reuse of criminal assets is explained
The criminal assets that have been seized must be administered correctly. For example, cars must be kept in specially arranged parking lots, money – transferred to treasury accounts, and cryptocurrency – kept...