Moldova–Belgium relations develop amid economic opportunities and challenges
The political relations between the Republic of Moldova and Belgium are stronger than ever, according to Viorel Cibotaru, the Moldovan Ambassador to Brussels. He noted that the new Belgian government remains committed to supporting Moldova's European aspirations and enhancing bilateral relations.
From sun to stability: How Moldova is preparing for its energy future
Renewable energy sources account for nearly 30 percent of electricity consumption in the Republic of Moldova. While this is encouraging, there is a significant challenge: during periods of peak sunlight, energy production exceeds what the current grid can manage. To address this issue, large battery systems and grid expansion are necessary. Energy officials are looking to attract private investment to diversify the energy mix, including gas-fired power plants.
Radu Osipov
Expert: Moldova will no longer rely on the Cuciurgan Power Plant after the Vulcănești–Chișinău line is completed
The completion of the Vulcănești-Chișinău high-voltage power line by the end of the year will enable the Republic of Moldova to reduce its dependence on the Cuciurgan Thermal Power Plant. In an interview with Moldova 1, energy expert Eugen Muravschi stated that integrating the energy supply with Romania will decrease energy security risks and remove reliance on infrastructure controlled by Tiraspol.
Government allocates 3.2 billion lei for road rehabilitation and construction this year
This year, over 600 kilometres of local and regional roads will be constructed and modernised in the Republic of Moldova, said Prime Minister Dorin Recean during a press conference. The total budget allocated by the government for these projects is 3.2 billion lei. Of this amount, 2.7 billion lei will come from the Road Fund designated for regional roads, while an additional 500 million lei from the PLUS Budget will be used for local infrastructure improvements.
Eliza Mihalache
Gas tariffs will remain unchanged until acquisition costs are clarified, Energy Minister
Energy Minister Dorin Junghietu stated that tariffs for end consumers cannot be revised until all natural gas stocks are replenished and the future costs of purchasing methane are determined. These tariffs are based on a one-year forecast and are adjusted only when significant fluctuations in natural gas purchase prices occur.
Works on the Vulcănești–Chișinău power line extended over a distance of 120 kilometers
Works on the Vulcănești-Chișinău high-voltage power line have extended over a distance of 120 kilometers, the line representing one of the most important strategic projects of the Republic of Moldova, in the context of ensuring the country's energy security, said the Minister of Energy, Dorin Junghietu, in a video recording on Facebook.
CFM receives emergency fuel to avoid bankruptcy
Moldova's state-owned railway company, Calea Ferată din Moldova (CFM), is set to receive 500 tons of diesel from state reserves to maintain operations.
Four candidates selected for Moldelectrica’s Board of Directors
Four candidates were nominated for the position of member of the Board of Directors of the State Enterprise Moldelectrica. These candidates were selected through an open competition and will be appointed by the enterprise's founder, the Ministry of Energy.
Financial aid for entrepreneurs of both banks of the Nistru to boost joint projects
Six newly established economic clusters will receive approximately $1.3 million in financial support to boost their development and promote economic cooperation between communities on both riverbanks. The assistance is provided by Sweden and the United Kingdom through the UNDP project "Advanced Cross-River Capacities for Trade"
Iulian Fanaru
$90M World Bank boost for Moldova's growth, energy
Moldova is set to receive $90 million from the World Bank to boost the country's economic growth prospects and strengthen energy security.
Growth Plan Agreement for the Republic of Moldova was signed in Chișinău
The Growth Plan Agreement for the Republic of Moldova, valued at 1.9 billion euros, was signed in Chisinau by European Commissioner for Neighborhood and Enlargement Marta Kos and Prime Minister Dorin Recean. According to the European official, this document signifies a substantial investment in the Republic of Moldova's development and its journey toward European Union accession.
Vladimir Bolea: 25% of the "European Village" projects still blocked
Approximately 25% of the projects initiated under the "European Village" program are currently stalled due to a significant number of appeals submitted by businesses involved in public procurement procedures. Vladimir Bolea, the Minister of Infrastructure and Regional Development, confirmed this information in a media statement. According to Bolea, economic agents participating in tenders organized by local authorities are disputing the results.