Economic

Moldova Investment Tops 1 Billion Lei

Moldovan businesses are fueling a surge in investment, exceeding one billion lei (around $560 million) through a successful government program.

Prime Minister Dorin Recean announced the positive news, highlighting the participation of nearly 250 businesses, including over 60 companies led by women and more than 70 young entrepreneurs developing investment projects.

"This is an encouraging start that showcases the program's potential," said Recean. "It's inspiring to see the participation of women and young people who are driving Moldova's economic growth."

A government press release revealed that the largest share of investments went towards renewable energy production and related supplies (37%), followed by transportation and storage (23%), manufacturing (18%), agriculture (8%), and healthcare (6%).

The program, launched in 2022, offers loans with subsidised interest rates to Moldovan businesses. This initiative aims to stimulate investment and economic development in the country. Businesses can leverage these loans for various purposes, such as purchasing equipment, constructing new facilities, or expanding existing operations.

The program's positive impact on entrepreneurship, particularly among women and young people, has garnered praise from the business community. Moldova is actively building a robust economy by supporting its business owners and creating a more favourable environment for domestic investment.

Translation by Iurie Tataru

Read more

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.

Changes in Maia Sandu's presidential team
Political

Changes in Maia Sandu's presidential team

President Maia Sandu signed a decree today that provides for adjustments in the composition of her team. Some of the advisors will continue their activity in the areas they already manage, while others will take on new responsibilities.

About a hundred localities in the Republic of Moldova do not have access to medicines. "Pharmacy in your village" reached only 47 villages in 2024
Social

About a hundred localities in the Republic of Moldova do not have access to medicines. "Pharmacy in your village" reached only 47 villages in 2024

In many villages in the Republic of Moldova, access to medicines remains a major problem, due to the lack of pharmacies. Though the authorities launched the "Pharmacy in your village" project, within which they proposed to open 146 state-subsidized pharmacies this year, only 47 were created. So the inhabitants of many villages still have limited access to the necessary treatments, and this situation especially affects the elderly or those with chronic diseases.