Moldova: A success story in energy independence

Moldova has overcome Russia's energy blackmail and aims to fully interconnect with the European Union's energy market by 2027, Energy Minister Dorin Junghietu announced at the annual ministerial forum organized by "The Economist" from July 1-3 in Athens, Greece.

World Bank names Ulrich Schmitt Moldova country manager

The World Bank Group has appointed Ulrich Schmitt as its new Country Manager for Moldova, effective July 1.

Moldova moves towards European energy trading

"Energy Market Operator M" SRL (OPEM), a subsidiary of Romania's energy exchange OPCOM, has been designated by the National Agency for Energy Regulation (ANRE) as the operator of Moldova's energy market.

Moldova: Entrepreneurs embrace solar savings

More and more Moldovan entrepreneurs are choosing to install solar panels to cut down on their electricity bills. Sergiu Ermurachi, who owns a traditional Moldovan pastry shop (plăcintărie), decided to implement this solution. It currently covers half of his business's energy needs.

Moldova's economy: IT sector fuels recovery amid challenges

Despite a challenging economic period for the Republic of Moldova, marked by a mere 0.1% GDP growth in 2024, certain key sectors are starting to show signs of recovery and could become engines of sustainable development.

€200 million invested in large wind and solar parks; Ministry of Energy selects first auction winners

The winners of the first auction for the construction of large wind and photovoltaic parks, which will have a total capacity of 165 MW, were announced on June 24. This initiative is expected to attract investments of approximately 200 million euros over the next three years, significantly increasing the generation capacities of wind and solar energy. Authorities state that this is a major step towards enhancing the country's energy independence and security.

LEADER: 168.5 million lei invested in projects in over 500 Moldovan localities over two years

Infrastructure development, support for small businesses, and the advancement of social programs are some of the key achievements of the National Rural Development Network LEADER. Local Action Groups (LAGs) are active in over 60% of the localities in the Republic of Moldova, playing a vital role in enhancing the living conditions of residents in rural areas.

Iran FM to meet Putin amid US strikes

Iran's Foreign Minister, Abbas Araghchi, announced Sunday that he is set to meet with Russian President Vladimir Putin in Moscow on Monday, following American attacks on Iran, DW reports.

How Moldovan pies won over European countries

Victor Nistorică owns a bakery in the Republic of Moldova that exports its products to Romania, Germany, France, and Ireland. Consequently, Moldovan pies, Easter cakes, and roulades are now available in various stores across the EU. The manufacturer states that he has invested many years of effort to ensure that the quality of his bakery's products meets the standards promised to his European partners.

Secretary of State nominated for ANRE director position

The Secretary of State at the Ministry of Energy, Constantin Borosan, may be appointed as a member of the Board of Directors of the National Energy Regulatory Agency (ANRE), which oversees the natural gas sector.

EBRD provides €40 million to repair four roads in the Republic of Moldova

The Republic of Moldova will secure an additional 40 million euros from the European Bank for Reconstruction and Development (EBRD) to repair four national roads.

Moldova Economy: Exports decline, IT & services rise

Declining agricultural production, reduced demand in European markets, and rising logistical costs have led to a 12 percent drop in export volumes, experts say.