Moldova to help Ukraine export grain, but takes into account farmers' interests

The Republic of Moldova is working with external partners to help Ukraine export its grain, while taking into account the interests of Moldovan farmers, said President Maia Sandu in an interview with RFI on August 18.

Number of people working in Moldovan agriculture decreases by 600,000 in 23 years

The number of people working in the agricultural sector in Moldova has decreased by approximately 600,000 in the past 23 years, according to economic policy expert Veaceslav Ioniță.

Nearly 400 former patent holders switch to self-employment

The number of former patent holders who have switched to the new activity regime has increased by nearly 400 in the past week, according to the Minister of Economy, Dumitru Alaiba.

Moldova beekeepers face collapse in exports due to low prices

The export price of bee honey has dropped by over 70% this year, according to the Association of Bee Products Exporters from the Republic of Moldova. The president of the association, Vitalie Popa, said that the price drop is due to a number of factors, including full stocks of bee honey in European countries and a decrease in honey productivity in Moldova.

Exports of goods from Moldova fall by 11% in six months

Exports of goods from the Republic of Moldova totaled just over $2 billion in the first six months of 2023, a decline of about 11% from the same period last year, according to data from the National Bureau of Statistics.

Moldovan farmers dissatisfied with grain price

Despite a bountiful harvest this year, Moldovan farmers are dissatisfied with the price they are receiving for their grain, according to regional agriculture officials. Some farmers in the south of the country are also struggling to repay loans due to poor harvests.

Russia's attacks on Ukraine's Danube ports drive up wheat prices

The price of wheat rose after Russia attacked Ukraine's Danube ports, according to the American news agency Bloomberg. At the Chicago Board of Trade, prices were up 1.3% on Wednesday after falling 6% in the previous three sessions.

Moldova government considers privatising RED Nord and FEE Nord

The government of Moldova is considering privatising two electricity distribution companies, RED Nord and FEE Nord. Several companies have expressed interest in the privatisation, including Premier Energy and strategic investors from Romania.

Moldovan energy minister says Termoelectrica will operate on natural gas this winter

The Republic of Moldova could see lower natural gas prices in the cold season, Energy Minister Victor Parlicov said recently during a talk show.

Moldova's food producers to attend Romanian fair after 10 years

The Republic of Moldova will participate again in the Food Industry Novelties Exhibition in Bucharest after a 10-year absence, the President of the Chamber of Commerce and Industry, Sergiu Harea, said at a press briefing.

Inflation falls to 10.8% in Moldova

Inflation is no longer a risk to investment and consumption, and the monetary conditions created by the National Bank of Moldova (BNM) will support the economic recovery and growth, announced the Governor of the National Bank of Moldova, Octavian Armașu. BNM has revised its annual inflation rate and believes that the target of 5% will be reached in October.

Moldova to receive $90 million grant from the World Bank

Moldova will receive a $90 million grant from the World Bank, one of the five international financial organisations that make up the World Bank Group. An agreement to this effect was ratified today at the Government meeting.