Dorin Recean: Natural gas prices will be lower next heating season

Natural gas tariffs will be lower next heating season. The assurances come from Prime Minister Dorin Recean.

The plane on the Paris-Yerevan route made an emergency landing in Chisinau after Turkey closed the airspace for Armenia's FlyOne company

Turkey closed the airspace for the low-cost operator FlyOne from Armenia, a subsidiary of the low-cost airline FlyOne Moldova. The plane on the Paris-Yerevan route made an emergency landing in Chisinau, and later the passengers arrived in Armenia, Moldova 1 TV reports.

The Romanian state will guarantee Romanian private investments in the Republic of Moldova

The government in Bucharest is working on a legislative project whereby the Romanian state will guarantee investments in the Republic of Moldova, Romanian Finance Minister Adrian Câciu said. The draft law provides for government support through state loans and guarantees for Romanian companies investing in Moldova, the official told G4Media.

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.

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".

Energocom has repaid €35 million of the first tranche of the EBRD loan for gas procurement

SA Energocom has returned €35 million of the first tranche of the loan it took from the European Bank for Reconstruction and Development (EBRD) last year, which it was obliged to repay by 1 May. The first tranche of €100 million is expected to be paid in full on 1 July, the company said in a press release.

Government releases wheat from state reserves. Who can buy it and at what price

Food wheat from state reserves in the amount of 21,082.709 tonnes is to be released to beneficiaries chosen on a competitive basis to replenish reserves, the Material Reserves Agency announces.

Expert: Free movement of goods has a beneficial impact on Moldovan producers

The free movement of goods, which is one of the benefits of the EU area, has a beneficial impact on Moldovan producers, economic expert Veaceslav Ionita told Radio Moldova.

Expert: Leu appreciates against major foreign currencies for third consecutive month

The Moldovan leu is appreciating against major foreign currencies for the third consecutive month as the currency market has overcome shocks related to the energy crisis and the war in Ukraine, economic policy expert Veaceaslav Ionita said. The demand for foreign currency from economic agents is decreasing as a result of the cheapening of energy resources, which are imported. On the other hand, the supply of foreign currency from the population is increasing, says the expert.

The Republic of Moldova will be able to import and export more energy from and to the European Union

The European Network of Transmission System Operators for Electricity (ENTSO-E) has increased by 200 MW to 1,050 MW the capacity for electricity trade from Continental Europe to Ukraine and the Republic of Moldova.

ENTSO-E: Electricity trade capacity from Continental Europe to Moldova and Ukraine to increase

Continental European Transmission System Operators have agreed to increase electricity trade capacity from Continental Europe to the Republic of Moldova and Ukraine by 200 MW to 1,050 MW, according to a release from the European Network of Transmission System Operators for Electricity, ENTSO-E.