Economie Moldova.org(English)

Moldova-Qatar relations enhanced: embassy and direct flight to be established

Wed, 22 May 2013 19:46:48 +0300

The Republic of Moldova wants to develop strong economic and diplomatic relations with Qatar, a country with the highest GDP per capita in the world. The Moldovan delegation to the Doha Forum 2013, a leading global conference on international current affairs, said Moldova sees Qatar as an important actor in the regional and international area. The countries plan on bolstering their diplomatic relations by establishing a Moldovan Embassy in Doha. This will be Moldova’s first diplomatic...

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EBRD loans €2 million to Moldova for energy efficiency projects

Tue, 21 May 2013 15:00:02 +0300

A new loan worth 2 million Euro will enter Moldova. The money will be given by the European Bank for Reconstruction and Development (EBRD) to boost energy efficiency projects in Moldova. According to a press release of the EBRD, the loan is part of the program called the Moldovan Residential Energy Efficiency Financing Facility (MoREEFF). It provides 35 million Euro to finance energy efficiency improvements in individual households. The money will be transferred to Mobiasbancă - Groupe...

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Moldova imported more than exported in March 2013

Thu, 16 May 2013 15:51:55 +0300

Moldovan goods exports in March 2013 valued $221.5 million. This is an increase with 11.4% in comparison with February and with 11.1% compared to the same month a year ago, the National Bureau of Statistics reported. According to the data, during the first three months of 2013, the country’s exports summed up $582.4 million, which is an increase with 15.4% compared to the same period a year before. Moldova’s top export destinations are: Russia, Romania, Italy, Turkey and...

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Moldovans abroad sent home more than 320 million dollars in the first three months of the year

Fri, 10 May 2013 23:08:53 +0300

Moldovans abroad sent home more than 320 million dollars in the first three months of the year In the first three months of this year, Moldovans abroad sent home more than 320 million dollars. According to data published by the National Bank of Moldova, this means an increase of 10% over the same period last year. According to the report of the National Bank, about 34% of remittances were transferred in dollars and 38% of remittances are sent in euro. However, about 27% of the money was...

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Romanian Premier would like to inaugurate gas connection with Moldova in 2013

Tue, 07 May 2013 15:43:50 +0300

Romanian Prime Minister Victor Ponta said on Tuesday that he would like to inaugurate gas connection with Moldova in 2013, writes Mediafax.ro. Mr. Ponta said that energy sector is a priority for the Romanian government and Romania has the chance to become important on the energy map of the region. Romanian Premier mentioned that three very important moments regarding Romania's energy sector will follow: namely Nabucco project completion, investment in offshore exploration and investment in...

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Wizz Air might introduce direct low-cost flight Budapest-Chisinau

Fri, 26 Apr 2013 14:17:16 +0300

Hungary is currently holding talks with its low-cost carrier Wizz Air to launch a direct flight between Budapest and Chisinau. According to Budapest Business Journal, quoting a press release of the Hungarian Ministry of Foreign Affairs, “an agreement on the professional issues involved with the direct flight is in sight, but financial preparations are underway and the two governments’ must still decide whether to participate in the launch with “financial...

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Online shopping becomes more popular in Moldova

Mon, 22 Apr 2013 20:07:31 +0300

Over 36% of internet users in Moldova do online shopping. According to a report released on Monday, some 620,300 Moldovans use the internet to buy products or services. This is a 3% increase in comparison to 2012. More than 26% of internet users order goods online at least once a year. The same report has revealed that 34% of those doing online shopping have completed a high education or are currently pursuing a degree. Therefore, over 40% of the online buyers are teenagers, aged 18-24. The...

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Microsoft to insert technology and learning platforms in Moldova

Thu, 18 Apr 2013 16:58:18 +0300

Moldova is planning on integrating the information technologies and communications in the educational sector during the next four years. As Moldpres news agency reported, the Ministry of Education and the Microsoft Company signed a cooperation agreement in this regard on April 16. The agreement involves several initiatives, such as the usage of the Live@edu service, a system meant to provide the students and teachers with access to many educational platforms. Another project envisages the...

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Moldovan Minister denies allegation of arms sale to Armenia

Tue, 09 Apr 2013 20:20:07 +0300

The Republic of Moldova is not planning on trading arms with Armenia. The statement was made by the Moldovan Minister of Defense, Vitalie Marinuta on Tuesday during a meeting with the Azeri Ambassador to Chisinau, Namig Hasan olgu Aliyev. Previous reports published by the pro-Communist media outlet omg.md said that Moldova is ready “to sell some 1,500 rackets C-8” to Armenia. The online publication also reported that in September 2011, the Government would have sold 60 tons of arms...

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The flow of passengers by air increased by over 15% in March

Tue, 09 Apr 2013 13:31:31 +0300

The statistic data of March, presented by Chisinau International Airport shows an increase in passenger flow of 15.76%. According to airport representatives, the most significant increase of passenger flow during the previous month compared to the same month last year, was registered to Verona (44.13%), Moscow (39.48%), Bucharest (19.04%) and Istanbul (6.36%). The most popular destinations in March were Moscow (33.36%), Istanbul (16.52%), Bucharest (6.22%), Vienna (5.91%) and Verona...

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Moldova has one of the highest rates of disbursement of EU assistance

Mon, 08 Apr 2013 11:02:45 +0300

Moldova has registered a good performance in terms of spending EU funds. It has among the highest rates of disbursement of EU assistance based on results, said EU Commissioner for Enlargement and European Neighborhood Policy, Stefan Füle in an interview with Moldova.ORG. The European official said that, according to the EU terminology, that this high rate “indicates good performance.” “Budget support operations, which represent 70% of our bilateral assistance and consist...

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5 mln. liters of Moldovan wine exported to the EU in 2013

Sat, 06 Apr 2013 13:59:17 +0300

More than 5 million liters of wine originating from Moldova have been exported to the European Union market during the first three months of 2013, Moldovan Ministry of Economy reports. The Licensing Chamber has issued 354 authorizations for the export of 5.6 million liters of wine. The Czech Republic, Poland, Romania and Slovakia are the top export destinations. The same authority reports that 11 authorizations have been issued for sugar exports. Some 8,386 tons of sugar made in Moldova were...

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Copyright infringements troubles Moldova

Tue, 02 Apr 2013 19:39:27 +0300

Intellectual property rights remain to be a challenge for Moldova even though the legislation regarding the copyright is overall in line with the European Union standards. According to the Ministry of Economy, quoting Business Software Alliance, Moldova is leader when it comes to illegally-acquired computer softwares and movies. Based on 2011 data of Business Software Alliance, over 90% of the softwares in Moldova have been obtained through illegal means which leads to copyright...

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Moldovan wines showcased in Kiev

Mon, 01 Apr 2013 20:37:55 +0300

Nine Moldovan winemakers presented their products in a fair in Ukraine’s capital of Kiev on March 20. More than 70 important guests, heads of restaurant chains and supermarkets have been informed about the developments of the wine sector in Moldova and export possibilities of the wine products to Ukraine. The event is part of the promotion campaign of the Moldovan wines on the Ukrainian market which aims to inform the consumers about the high quality of the Moldovan wines and assisting...

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New direct flights to Moldova from Italy, Germany and Austria

Fri, 29 Mar 2013 14:46:40 +0200

Moldovans flying to Italy will have a new choice as of July 16. Carpatair will resume its flights from Chisinau to Milan (Bergamo) and return. The airline will operate the flights to this destination three times a week. The plane will leave Chisinau International Airport (KIV) on Tuesdays and Thursdays at 18:30 and will reach Milano (BGY) at 20:10 local time. On the way back, the plane will depart from Milan at 22:55 and will land in Chisinau at 00:20 local time. On Saturdays, Carpatair will...

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