46th World Vine and Wine Congress in Chișinău: historic moment for Moldovan wine industry

The World Congress of Vine and Wine will be held for the first time in the Republic of Moldova from June 16 to 20. This event is regarded as the most significant international gathering dedicated to the wine sector. Organized annually by the International Organization of Vine and Wine (OIV), this year marks its 46th edition. The Congress will bring together experts, researchers, winegrowers, oenologists, producers, and policymakers from 51 member countries to discuss the future of the wine industry.

Dozens of companies received grants from the Government and development partners

Eighty companies from the Republic of Moldova were awarded grants totalling approximately 22 million lei, which will lead to investments exceeding 42 million lei in the economy. These funds will be used to purchase high-performance equipment and to digitize work processes. As a result, businesses will become more competitive, and new, well-paying jobs will be created. The financial support is provided by the Government and the European Union through the Organization for the Development of Entrepreneurship (ODA).

In May, Moldova paid an average of 137 euros for imported electricity

In May, SA Energocom acquired approximately 318 thousand MWh of electricity from both domestic and foreign sources at a weighted average price of €106.60 per MWh. Around 72% of this energy was imported, while just over 27% was sourced from domestic producers.

NBM data: City residents prefer cards, villagers choose cash

Young people and urban residents tend to prefer card payments, while those living in villages usually opt for cash. In the first quarter of this year, there were over 2.2 million active bank cards, which is an increase of 300,000 compared to the same period last year.

Business representatives from seven countries visited Moldova to explore tourism potential

Fourteen business representatives and Chambers of Commerce from seven countries—Bosnia and Herzegovina, Italy, North Macedonia, Montenegro, Romania, Serbia, and Ukraine—recently gathered at an international conference in the Republic of Moldova. The conference focused on exploring Moldova's tourism potential, mainly rural tourism. These representatives were drawn to investing in rural tourism, a sector that holds significant promise but remains relatively unknown compared to other forms of tourism.

Carolina Novac and Constantin Borosan named to Moldovagaz Supervisory Board

Carolina Novac and Constantin Borosan, both state secretaries in the Ministry of Energy, were appointed by the government to Moldovagaz's Supervisory Board. This decision was approved during Moldovagaz's General Meeting of Shareholders. Additionally, four representatives from Gazprom were also appointed to the Supervisory Board, according to an announcement from the Public Property Agency.

Moldova–Belgium relations develop amid economic opportunities and challenges

The political relations between the Republic of Moldova and Belgium are stronger than ever, according to Viorel Cibotaru, the Moldovan Ambassador to Brussels. He noted that the new Belgian government remains committed to supporting Moldova's European aspirations and enhancing bilateral relations.

From sun to stability: How Moldova is preparing for its energy future

Renewable energy sources account for nearly 30 percent of electricity consumption in the Republic of Moldova. While this is encouraging, there is a significant challenge: during periods of peak sunlight, energy production exceeds what the current grid can manage. To address this issue, large battery systems and grid expansion are necessary. Energy officials are looking to attract private investment to diversify the energy mix, including gas-fired power plants.

Expert: Moldova will no longer rely on the Cuciurgan Power Plant after the Vulcănești–Chișinău line is completed

The completion of the Vulcănești-Chișinău high-voltage power line by the end of the year will enable the Republic of Moldova to reduce its dependence on the Cuciurgan Thermal Power Plant. In an interview with Moldova 1, energy expert Eugen Muravschi stated that integrating the energy supply with Romania will decrease energy security risks and remove reliance on infrastructure controlled by Tiraspol.

Government allocates 3.2 billion lei for road rehabilitation and construction this year

This year, over 600 kilometres of local and regional roads will be constructed and modernised in the Republic of Moldova, said Prime Minister Dorin Recean during a press conference. The total budget allocated by the government for these projects is 3.2 billion lei. Of this amount, 2.7 billion lei will come from the Road Fund designated for regional roads, while an additional 500 million lei from the PLUS Budget will be used for local infrastructure improvements.

Gas tariffs will remain unchanged until acquisition costs are clarified, Energy Minister

Energy Minister Dorin Junghietu stated that tariffs for end consumers cannot be revised until all natural gas stocks are replenished and the future costs of purchasing methane are determined. These tariffs are based on a one-year forecast and are adjusted only when significant fluctuations in natural gas purchase prices occur.

Works on the Vulcănești–Chișinău power line extended over a distance of 120 kilometers

Works on the Vulcănești-Chișinău high-voltage power line have extended over a distance of 120 kilometers, the line representing one of the most important strategic projects of the Republic of Moldova, in the context of ensuring the country's energy security, said the Minister of Energy, Dorin Junghietu, in a video recording on Facebook.