News
Moldovan authorities push up power rate
The National Energy Regulatory Agency of Moldova (ANRE) approved new tariffs on electricity. The tariff will be built up 11.3% to 1.48 lei per 1 kW/hour for most consumers - population that is connected to low tension chains within the RED Union...
Moldova's currency reserves hit historical record
Moldova's currency reserve assets have hit a new historical record of 1.823.2 billion dollars, according to data put out by the National Bank of Moldova. The historical record of 1.803.9 billion dollars was recorded on 30 September 2008. The subsequent...
EU willing to grant Moldova 7 million euros for regional development programmes
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The European Union is willing to give Moldova 7 million euros to carry out regional development pilot projects in 2012-2013. In the context, Regional Development and Construction Minister Marcel Raducan met representatives of the European Commission...
March inflation in Transnistria reaches 1.04%
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Prices in the unrecognized Transnistrian Moldovan republic (PMR) went up 1.04% in March 2011 against the February indicator. According to the regional ministry of economy, the most price increase was observed for non-foodstuff (up 1.79%). The prices...
Red Nord and Red Nord-Vest power-distrubuting enterprises may be privatized
The state electricity distributing enterprises - RED Nord and RED Nord-Vest - may be privatized. The statement was provided by representative of the Ministry of Economy (MoE) Vadim Ceban at the public debate in the National Energy Regulatory Agency of...
European top bank's programme of loans in Moldovan currency launched
The European Bank for Reconstruction and Development (EBRD), the Finance Ministry and the National Bank of Moldova (BNM) signed a memorandum of understanding on the launch of an EBRD programme of loans in Moldovan currency (lei). The eligible banks,...
U.S. investors are ready to help implement water purification technology in Chisinau
Some investors from the United States are interested in implementing a new water-purification technology in Chisinau. The statement was provided by Director of the Apa-Canal [water provider] enterprise Constantin Becciev in an interview on Monday. He...
Moldovan government seeks to privatize 0.5-billion-lei-worth facilities
State properties worth about half a billion lei will be put up for sale at investment and trade tenders. The Public Properties Agency has announced that two unfinished constructions, built at 54-56 per cent, will be put up for privatization on 28 April...
International Monetary Fund improves forecast for Moldovan economy
Moldova is expected to record a 4.5-per-cent economic growth in 2011, followed by a higher growth of 4.8 per cent in 2012, according to the report World Economic Outlook, unveiled by the International Monetary Fund (IMF) on 11 April. In October 2010...
Romanian bank seeks to expand activities in Moldova
Prime Minister Vlad Filat met the leadership of Banca Transilvania (BT) (Transilvania Bank) from Romania, the government's communications and press relations department has said. The discussion was focused on the economic and financial situation in Moldova...
