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...
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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...
Ukraine and Moldova launched joint customs control at the Kuchurgan-Novosavitske checkpoint
Representatives of the customs and border authorities of Ukraine and Moldova have launched joint control at the Kuchurgan-Novosavitske checkpoint for railroad traffic. This was reported by the State Customs Service of Ukraine...
The pride of the country! Wrestler Mariana Draguțan won a bronze medal at the Zagreb Open
Wrestler from Moldova Mariana Draguțan (55 kg) won the bronze medal at the Zagreb Open, Croatia, after defeating Poland's Magdalena Glodek and Ukraine's Albina Rillia.In the semi-finals, she lost to Poland's Roksana...
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Doina Gherman to Attend COSAC Meeting in Belgium to Discuss EU Priorities and Expansion
The President of the Foreign Affairs and European Integration Committee, Doina Gherman, will participate in the Meeting of the Presidents of the Conference of the Committees for Union Affairs of the Parliaments...
Skepticism Surrounds Amalgamation in Moldova Despite Rural Depopulation Concerns, CALM Director claims
Viorel Furdui, the Executive Director of the Congress of Local Authorities of Moldova (CALM), reveals that 52% of Moldova's localities have fewer than 1500 inhabitants. Despite this, Furdui expresses skepticism about using...
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....