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"

$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.

Natural gas from the Black Sea for the Republic of Moldova. Energocom signed a contract with OMV Petrom

The Republic of Moldova has secured a natural gas supply from Romania. The state-owned company Energocom has signed its first long-term purchase contract with OMV Petrom, a significant player in the regional energy market. This agreement, which lasts for three years, outlines the purchase of natural gas extracted from the Neptun Deep project. This project is the largest natural gas exploitation initiative in the Black Sea and is situated in Romania's offshore sector.

Experts: Any significant economic instability in Romania could affect the Republic of Moldova

Experts warn that the recent turbulence in Romania's financial market could directly impact the Republic of Moldova's economy. The stock exchange responds swiftly to any political or economic changes, and if the current instability persists, its effects will be felt in both the medium and long term.

Easter aid payments start May 2, available by card or at the post office

Beginning today, May 2, more than 230,000 people in the Republic of Moldova will receive aid for the Easter holidays. This financial support is designed for families with children up to five years old, children with disabilities and individuals with severe disabilities.

Works on the Vulcănești-Chișinău power line, 70% complete

The construction of the high-voltage power line from Vulcănești to Chișinău has progressed significantly, with approximately 70 percent of the line's total length completed. According to a press release from the Energy Projects Implementation Unit, over 130 pylons have been assembled, and 340 foundations have been constructed. The construction site spans 110 kilometers and is active in several localities across the districts of Cimișlia, Taraclia, Leova, and the Gagauz autonomy.

Moldova frost crisis: State aid vital for sugar beet

The early April frosts, lasting about a week, severely damaged at least two-thirds of the sugar beet harvest in northern Moldova.

ODA grants boost Moldova businesses, 28.5M Lei

89 entrepreneurs from the hospitality and food services (Horeca), tourism, agriculture, and sport sector have benefited from grants worth 28.5 million Lei from the Organization for Entrepreneurship Development (ODA).