Economic

Growing green: Moldova's business future

A momentous trilateral agreement between the Polish Development Bank, the European Union, and the Moldovan government injects €6.6 million into the nation's entrepreneurial landscape, empowering over 5,000 businesses to tackle crucial challenges like energy efficiency, green transition, competitiveness, and climate adaptation.

facebook.com/dumitru.alaiba
Sursa: facebook.com/dumitru.alaiba

Anchoring the initiative is a €5 million loan from the Polish Development Bank, bolstered by a €1.6 million grant from the European Union. This strategic collaboration underscores a shared commitment to Moldova's economic sustainability and resilience.

"This agreement empowers our enterprises to embrace the challenges and opportunities of the 21st century," emphasised Dumitru Alaiba, Moldova's Minister of Economy and Infrastructure. "These loans will fuel investments that drive competitiveness, foster energy efficiency, and create sustainable jobs – key pillars for Moldova's economic prosperity."

Janis Mazeiks, EU Ambassador to Chisinau, echoed this sentiment, highlighting the alignment with the European Union's economic and environmental goals. "This collaboration aligns perfectly with our commitment to sustainable development and empowering member states," he stated. "By facilitating access to finance, enhancing service development, and fostering a business-friendly environment, we aim to maximise our support for Moldova's growth."

The loan terms themselves are designed to incentivize entrepreneurial participation:

This tripartite collaboration has the potential to propel Moldovan businesses onto a thriving path by bolstering competitiveness, environmental consciousness, and sustainable practices. The influx of accessible capital opens doors for innovation, job creation, and an enhanced international profile, ultimately paving the way for a more prosperous and environmentally responsible future for Moldova.

Translation by Iurie Tataru

Read more

Government Crisis Cell starts its activity
Social

Government Crisis Cell starts its activity

The crisis cell is activated today. According to Prime Minister Dorin Recean, its purpose is to ensure good management of potential emergencies. Thus, the Ministry of Internal Affairs will boost patrols on public routes and at festive events and will manage road traffic in crowded areas. The General Inspectorate for Emergencies will be responsible for fire prevention.

The magic of winter holidays. Moldovans queued up to receive and send parcels abroad
Social
Video

The magic of winter holidays. Moldovans queued up to receive and send parcels abroad

With love and longing, thousands of Moldovans abroad send parcels with goodies to their families at home during this period. On the eve of the winter holidays, transport companies come to Chisinau with minibuses full of gifts. But they also return to European destinations with traditional dishes. The Moldovans we met while sending parcels to relatives abroad told us they included gifts: wine, fruit and sweets, so they could have a celebration like at home.

Government to announce compensation program for businesses next week
Economic

Government to announce compensation program for businesses next week

The possibility of transferring certain activities from the production process to nighttime, to help limit energy consumption during peak hours, was examined during a meeting at the Government with representatives of the business community.

Carolina Străjescu Carolina Străjescu

Carolina Străjescu