Moldova faces budget deficit, cuts spending

Parliamentary session opened today with a discussion on adjustments to the 2024 state budget. Finance Minister Victoria Belous presented a draft that proposes reallocating more resources for business development, expanding forested areas, and rehabilitating road infrastructure.

Energy sector in the Republic of Moldova will be modernized with the financial support of the French Development Agency

The Republic of Moldova will benefit from a 25 million euro loan and a 1.2 million euro grant from the French Development Agency (AFD). According to the Legislative, the money will be granted for the modernization of the energy sector. The credit facilitation agreement between our country and AFD was ratified by Parliament.

EU boosts electricity exports to Moldova and Ukraine

Transmission System Operators (TSOs) in Continental Europe have agreed to increase commercial capacity with Moldova and Ukraine by about 25% for the 2024-2025 winter period.

Moldovan poultry farms enter EU market

Moldova has granted two poultry farms the right to export eggs to the EU market, following their successful implementation of updated bird-raising practices, Agriculture Minister Vladimir Bolea announced Friday.

Poultry meat from the Republic of Moldova reaches EU market

The first batches of fresh frozen poultry meat from the Republic of Moldova were exported to the European Union (EU) market, ANSA announces. Asked by "Teleradio Moldova", the director of the National Food Safety Agency, Radu Musteata, said that a truck with 20 thousand tons of poultry meat will be delivered to France.

New amendments: Over 38 million USD for Moldova's development

The members of the Foreign Policy and European Integration Committee have approved the initiation of negotiations and the signing of two amendments: one to the Agreement on Assistance for Strengthening Participatory Democracy and another to the Agreement on Assistance for Sustainable Economic Growth Anchored in European Integration.

Moldovan companies secure grants for modernization and sustainability

Fifty-nine Moldovan companies have secured funding contracts with the Organization for Development of Entrepreneurship (ODA) to receive grants from the Government of Moldova, the European Union, and the World Bank.

Vladimir Bolea supports industrial hemp as drought solution

Farmers in the Republic of Moldova may soon have the opportunity to cultivate industrial hemp.

Moldova Energocom leads gas sales on open market amid 2024 auctions

Between January 1 and August 15 of this year, SA Energocom purchased approximately 1.82 million MWh of natural gas (equivalent to about 171 million cubic metres).

Investment in Moldova's industrial parks rises by one billion lei

Investments in industrial parks have risen by approximately one billion lei over the past three years, increasing from 3.25 billion lei in 2021 to 4.14 billion lei in 2023.