ODA's june impact: Boosting Moldova's entrepreneurs & economy

In June, the Organization for Entrepreneurship Development (ODA) disbursed hundreds of millions of lei through various support programs for entrepreneurs, young people, and local businesses.

EU grants boost Moldova's rural agri-food businesses

Nineteen rural businesses specializing in fruit and vegetable processing, meat production and preservation, oil and dairy manufacturing, baking and confectionery, and sweets and juice production have received grants of up to 383,000 Moldovan Lei from the European Union.

Moldova's vineyards eye best grape harvest in 5 years

The year 2025 is shaping up to be promising for Moldovan grape growers. Spring and early summer weather conditions have been ideal for vine growth, and specialists anticipate a good grape harvest.

Moldova: A success story in energy independence

Moldova has overcome Russia's energy blackmail and aims to fully interconnect with the European Union's energy market by 2027, Energy Minister Dorin Junghietu announced at the annual ministerial forum organized by "The Economist" from July 1-3 in Athens, Greece.

World Bank names Ulrich Schmitt Moldova country manager

The World Bank Group has appointed Ulrich Schmitt as its new Country Manager for Moldova, effective July 1.

Moldova moves towards European energy trading

"Energy Market Operator M" SRL (OPEM), a subsidiary of Romania's energy exchange OPCOM, has been designated by the National Agency for Energy Regulation (ANRE) as the operator of Moldova's energy market.

Moldova: Entrepreneurs embrace solar savings

More and more Moldovan entrepreneurs are choosing to install solar panels to cut down on their electricity bills. Sergiu Ermurachi, who owns a traditional Moldovan pastry shop (plăcintărie), decided to implement this solution. It currently covers half of his business's energy needs.

Moldova's economy: IT sector fuels recovery amid challenges

Despite a challenging economic period for the Republic of Moldova, marked by a mere 0.1% GDP growth in 2024, certain key sectors are starting to show signs of recovery and could become engines of sustainable development.

€200 million invested in large wind and solar parks; Ministry of Energy selects first auction winners

The winners of the first auction for the construction of large wind and photovoltaic parks, which will have a total capacity of 165 MW, were announced on June 24. This initiative is expected to attract investments of approximately 200 million euros over the next three years, significantly increasing the generation capacities of wind and solar energy. Authorities state that this is a major step towards enhancing the country's energy independence and security.

LEADER: 168.5 million lei invested in projects in over 500 Moldovan localities over two years

Infrastructure development, support for small businesses, and the advancement of social programs are some of the key achievements of the National Rural Development Network LEADER. Local Action Groups (LAGs) are active in over 60% of the localities in the Republic of Moldova, playing a vital role in enhancing the living conditions of residents in rural areas.

Iran FM to meet Putin amid US strikes

Iran's Foreign Minister, Abbas Araghchi, announced Sunday that he is set to meet with Russian President Vladimir Putin in Moscow on Monday, following American attacks on Iran, DW reports.

How Moldovan pies won over European countries

Victor Nistorică owns a bakery in the Republic of Moldova that exports its products to Romania, Germany, France, and Ireland. Consequently, Moldovan pies, Easter cakes, and roulades are now available in various stores across the EU. The manufacturer states that he has invested many years of effort to ensure that the quality of his bakery's products meets the standards promised to his European partners.