Foreign investors concerned about pricing situation in Moldova
Members of the Association of Foreign Investors of Moldova express their concern in the connection with difficulties, they have faced lately in their activities.
According to the press service of the Ministry of Economy, investors are concerned, in particular, with the growth of market prices, the price control system at the customs, the national currency exchange rate situation and new legislative reforms.
They discussed these problems at their meeting with Vice-Premier, Minister of Economy Valeriu Lazar. He explained that the ministry reconsiders the legislative framework relating to the investment climate, in order to mitigate the administrative burden, which falls on investors' shoulders.
The minister welcomed foreign investors' readiness for an open dialogue on existing problems and proposed to work out a stable schedule of meetings.
In the near time the Government and the association will conduct a roundtable for discussing difficulties, faced by foreign businesses and searching for ways to overcome them.
The Association of Foreign Investors of Moldova was set up in September 2003 and unites 19 largest companies, including Draxlmaier Automotive (Germany), Leogrand (Turkey), Metro Cash & Carry (Germany), Mobiasbanca - Groupe Societe Generale (France), Moldcell (the Netherlands), Orange Moldova (France), Tirex Petrol (Germany), Union Fenosa (Spain). The investments, made by the Association members in the Moldovan national economy exceed $750 million - over a half of investments, made during the years of Moldova's independence. The Association created over 8 thousand jobs for Moldovan citizens.
Infotag, Moldovan news agency
- Management board of investment-attraction programme approves 20 projects
- Olivier Descamps says EBRD will help Moldova raise its energy efficiency
- Authorities to cooperate with EBRD within edifice energy efficiency project
- Moldova to soon work out new methodology of oil pricing
- Government fails to achieve expected results from privatization
- General agricultural census to take place between march 15 and April 15, 2011
- Agency for Energy Efficiency created in Moldova
- Moldovan government approves action plan on Moldova-EU comprehensive, free trade area
- Moldova to take over Energy Community chairmanship in 2011
- Moldova shall be observing all Moscow's demands to not lose Russian market
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Cricova: The Largest Underground Wine Cellar in the World
- What does Remortgage mean?
- Dutch bear profit rises 26 percent
- Foreign direct investment in India doubles during 2006
- Greece: Socialist government's budget deficit of 12.5% caused debt crisis
- Toyota in talks to build new China plant
- Walt Disney profit up 39 percent
- DaimlerChrysler is not planning to manufacture trucks in India