Moldova promotes business opportunities to German investors

Moldova's Prime Minister Dorin Recean has promoted the country's business opportunities to German investors at the Romanian-German Business Forum in Berlin.

Analysis // Every year, about 1.8 billion dollars reach the Republic of Moldova through illicit trade schemes

Annually, approximately 1.8 billion dollars reach the Republic of Moldova through illicit trade schemes, according to an analysis carried out by the economist Veaceslav Ioniță. He also claims that over $500 million is leaving the country through overpriced purchases. In order to develop a sustainable, efficient and transparent system, the relevant authorities have developed a national public procurement program for 2023-2026.

USAID transfers 76.8 million dollars to the Government of the Republic of Moldova

The United States Agency for International Development (USAID) is transferring 76.8 million dollars to the Government of the Republic of Moldova for the reimbursement of record electricity costs in the 2022-2023 cold season, reads a press release from the institution.

Moldova to eliminate 20% of regulations to boost entrepreneurship

The Government of Moldova has approved a new program to promote entrepreneurship and increase competitiveness. The program aims to support the development of sustainable economic growth in Moldova, specifically productive, competitive, and innovative businesses.

Moldovan diaspora organises first European Economic Forum in Paris

Representatives of the Moldovan diaspora from several European countries organised the first European Economic Forum in Paris today. The event was aimed at highlighting the importance of Moldova's European path and the active involvement of the diaspora in promoting the country's image at the entrepreneurial level.

ICAO audit: Air security level in the Republic of Moldova is high

The level of air security is high both for passengers, aircraft crews and the entire aeronautical industry, declared the Minister of Infrastructure and Regional Development, Andrei Spînu, after the completion of the International Civil Aviation Organization (ICAO) audit to which our country was subjected.

Patent reform: 95% of former patentees switched to self-employment

Two months after the entry into force of the patent reform, 95% of the former patentees switched to self-employment. The data were presented by the Minister of Economic Development Dumitru Alaiba. According to the official, some of them received their ten thousand lei.

EU is investing 13 million euros to help Moldova overcome the energy crisis

The European Union (EU) is investing 13 million euros to help the Republic of Moldova overcome the energy crisis and to reduce greenhouse gas emissions, the Ministry of Energy announces.

NBS: Annual inflation reached 9.7% in August

In August, annual inflation reached 9.7%. Thus, the further reduction of its annual rate was registered, starting from November last year, the National Bureau of Statistics (NBS) announces. Last month, average consumer prices fell by 0.1%.

Dual education system in Moldova gains popularity among young people

More and more young people in Moldova are choosing to study through the dual education system, which combines theoretical studies at a vocational school with practical training at a company.

Moldova: Salaries rise, but number of employees falls

The average gross salary in Moldova rose to 10,400 lei last year, up by nearly 1,500 lei from 2021, according to the National Bureau of Statistics (BNS). However, the number of employees fell to nearly 730,000 at the end of last year, down by nearly 10,000 from 2021.

Card payments in Moldova grow by 30%

Card payments in Moldova have grown by 30% in the past two years, according to economic expert Veaceslav Ioniță.