Energocom: Moldova's electricity needs are fully met for August 16

The Republic of Moldova's electricity needs for Sunday, August 16, will be fully met through commercial means. Energocom has secured the necessary electricity volumes for consumption that day. The company reports that it has purchased a total of 8,840 MWh, primarily from bilateral import contracts and renewable sources. However, Energocom warns that the regional situation remains challenging and that energy prices on external markets remain high, especially during peak hours.

Author's Wine Festival returns to Chisinau, featuring its largest edition yet

The fourth edition of the Author's Wine Festival will be held from September 4 to 6, 2026, in the courtyard of the National Museum of History of Moldova. This year, the festival will span three days for the first time and will feature 40 small wine producers from various regions of the Republic of Moldova. These producers will showcase their wines along with the stories that inspired them.

Moldova extends privatization bids for state assets

Moldova's Public Property Agency (APP) has extended the application deadline for the privatization of four major state-owned enterprises from August 19 to October 19. The auctions will now take place on October 20.

Chisinau housing market rebounds as revised data reveals 11% drop

The real estate market in Chisinau is recovering visibly, defying last year's pessimistic projections. Newly revised data from the Public Institution Real Estate Cadastre reveals that property transactions in 2025 fell by just 11% compared to 2024, far below the 60% collapse suggested by preliminary figures.

Moldova HiTech Park unveils Stauceni masterplan for Tech and MedTech Hub

Moldova HiTech Park has officially transitioned to the urban planning phase following the presentation of its master plan on August 13 for a 50-hectare technology and innovation campus in Stauceni, a suburb of Chisinau.

Moldova rate hike fails to cool retail lending market

The National Bank of Moldova’s policy rate hike from 5% to 7.5% has done little to curb consumer lending, while swiftly driving up state borrowing costs. Economic expert Veaceslav Ioniță highlights an unusual disconnect as annual inflation slows while borrowing policy tightens.

Moldova extends Zarea Hotel privatization tender to October

Moldova's Public Property Agency (PPA) has extended the privatization tender deadline for the state-owned Zarea Hotel from August 19 to October 20.

Moldova restores Bălți–Dnestrovsk 330 kV power line after storm

Moldova’s state power grid operator, Moldelectrica, has fully repaired and re-energized the 330 kV Bălți–Dnestrovsk overhead power line following severe storm damage on 6 August.

Romanian nuclear plant shutdown does not directly affect Moldova, Energocom warns of market risks

The shutdown of the Cernavoda Nuclear Power Plant in Romania does not directly affect electricity supplies to the Republic of Moldova. This assurance was provided by Energocom on August 13, which indicated that it currently has no active supply contract with the Romanian company Nuclearelectrica. However, Energocom warns that a potential deficit in the regional market may reduce available energy volumes for purchase and put upward pressure on prices.

Moldova's millionaires now number around 10,000

In the Republic of Moldova, nearly 10,000 individuals earn over 1 million lei per year. According to data published by the State Tax Service in the Report on Income Tax Declarations for the fiscal year 2025, the number of such earners has reached 9,643. This represents an increase of 1,624 from 2024 and 3,229 from 2023, indicating 50% growth in just two years. The youngest among them is 16, while the oldest is 88.

Tax regime for entrepreneurs from the left bank of the Nistru will be applied in three stages

Entrepreneurs in the Transnistrian region will gradually transition to the general tax regime, according to a draft published by the Ministry of Finance. The implementation will occur in three stages: September 1, 2026; January 1, 2027; and April 1, 2027. The process will initially focus on taxing alcohol, tobacco, vehicles, and computer technology, and will later expand to include metals, fuels, gas, and electricity.

Energocom procured the entire volume of gas required for the 2026-2027 cold season

SA Energocom has successfully procured 76% of the gas required for the 2026-2027 gas year, which runs from October 1, 2026, to September 30, 2027. This purchase fully covers the anticipated consumption for the upcoming cold season. Specifically, the company acquired 3.83 million MWh of gas for the period from October 2026 to March 2027.