The IT sector is becoming increasingly profitable in Moldova

This year, the total volume of IT and business services exports could grow to $825 million. Of these, $620 million would go to the IT sector and over $200 million to the business sector. The forecast was made by economic policy expert Veaceaslav Ionita.

In May, Energocom will procure 92% of its electricity needs from MGRS

In May, Energocom Joint Stock Company will procure 92 percent of its electricity needs from the Moldovan Thermal Power Plant in the Transnistrian Region (MGRES), which will supply the right bank next month with 290 thousand megawatt hours at a price of $66 per megawatt hour, almost 10 percent less than in the last four months. The tariff was agreed last month for half a year ahead.

Vadim Ceban: Moldovagaz has paid the interest of about 80 million lei on the loan from Energocom

Moldovagaz has paid the interest of about 80 million lei on the loan of over one billion lei taken from Energocom. The announcement was made by Moldovagaz Chairman of the Board of Directors Vadim Ceban.

Forecasts: Moldova's economy will face major challenges due to war in Ukraine

Economic growth in the Republic of Moldova, forecast for 2023, is 3.5% . This is minor and can be explained by the crises our country faced last year. These conclusions were reached by experts from ASEM's National Institute for Economic Research and are contained in the new edition of the publication "Trends in the Moldovan Economy".

New facilities for people without a job. What decision was voted by the Government

Increased subsidies for the unemployed to start a business, higher grants for vocational training courses and other facilities for people without a job are just some of the measures adopted by the government to solve the problems of the unemployed. The draft was prepared by the Ministry of Labour and Social Protection.