Salaries in IT and BSS sectors to grow in 2023, experts estimate

The IT and business services sector in Moldova has seen significant growth in recent years. In 2023, according to economic expert Veaceslav Ioniță, exports from these sectors will grow to $820 million. At the same time, the number of employees in the IT sector has increased, and average salaries have grown significantly, reaching about 37,000 lei (about $2,000) this year.

Energocom started to store natural gas in warehouses in Romania

As of today, Energocom has started storing natural gas in warehouses in Romania. The information was confirmed for Agerpres by the general director of Transgaz, Ion Sterian. However, he did not specify the volume of the gas.

The USA, the EU, Ukraine and the Republic of Moldova are meeting today in Galati to discuss the issue of Ukrainian grain exports

High representatives of the United States of America, the European Union, the Republic of Moldova, Romania and Ukraine will meet today, in Galati, to discuss alternative routes for transporting grain from Ukraine, according to the US Embassy in Bucharest, reports Agerpres. Earlier, the state secretary from the Ministry of Agriculture and Food Industry, Vasile Șarban, told Radio Moldova that at the meeting they will also discuss the aid that Moldovan farmers could receive.

Dozens of Moldovan companies included in the Export Missions Romania programme

Fifty five companies from the Republic of Moldova have been included in the Export Missions Romania programme, which provides a strategic platform to encourage collaboration between business, international trade experts and government institutions from both countries, Ion Iordachi, Acting Director of the Investment Agency, told a press conference.

Monetary policy decision of the NBM: The base rate is maintained at the current level

The National Bank of Moldova will maintain the base rate applied to the main short-term monetary policy operations at the current level of 6 percent per annum. The rates on overnight loans and deposits will also remain unchanged at 8 per cent per annum and 4 per cent per annum, respectively, as well as the required reserve ratio in both lei and foreign currency.

Start for Youth Programme: 259 investment projects worth over 41 million lei have been launched

From June 2022 to date, 259 investment projects worth a total of over 41 million lei have been launched under the government's "Start for Young People" programme, the government said in a press release. Thus, young people aged between 18 and 35 who want to start or develop a business can benefit from advisory support and non-reimbursable financing or credit with grant portion.

"The Minister will be on the side of the domestic producer". The issue of transit and export of Ukrainian grain to Moldova addressed in Galati

The issue of transit and export of Ukrainian cereals to Moldova will be discussed on Friday 11 July by representatives of the Ministry of Agriculture and Food Industry and the European Union at a meeting in Galati, Romania. The information was confirmed to Radio Moldova by the ministry's state secretary Vasile Sarban. He also said that the meeting would discuss the aid that Moldovan farmers could receive.

Energocom repays the second tranche of the EBRD loan in advance

Energocom informs that it has repaid in advance the second tranche worth 200 million euros of the loan contracted from the European Bank for Reconstruction and Development (EBRD).

Moldovan cherry exports to the EU increased 12.5 times in 2023

Deliveries of Moldovan cherries to the European Union increased 12.5 times this year, compared to 2022. Thus, if last year 208 tons were exported, in 2023 the figure reaches 2600 tons, totaling a value of 7,442,000 dollars, according to the Delegation of the European Union in the Republic of Moldova.

Construction of the road junction near Bălți town delayed: Dorin Recean announces when the works could be completed

The construction works of the road junction near the city of Bălți, which has been going on for years, are to be completed by October. The clarifications were made in a post on a social network by Prime Minister Dorin Recean.

Entrepreneurs are skeptical about investments in the Republic of Moldova: Security crisis, among the reasons

Entrepreneurs are skeptical when they have to invest in the Republic of Moldova or expand their businesses. This is caused by the pandemic, energy and security crisis, said the director of the Organization for the Development of Entrepreneurship (ODA), Dumitru Pîntea, during the "Public Space" show on Radio Moldova.

Bilateral trade between the Republic of Moldova and Croatia increased by 88% in 2022

Trade-economic exchanges between the Republic of Moldova and Croatia increased by 88% in 2022 compared to the previous year, Marija Kapitanovic, the Croatian ambassador to the Republic of Moldova residing in Bucharest, told the "Diplomatic Dimension" programme on Moldova 1 TV channel.