The Republic of Moldova exported goods worth over $600 million in the first two months of the year: main destinations

In the first two months of this year, the Republic of Moldova exported goods worth $687 million, 3 percent more than in the same period last year, data from the National Bureau of Statistics show. Exports of goods to European Union countries during this period amounted to $429 million, accounting for 62 percent. At the same time, imports increased by 15 percent.

Alexandr Slusari has a new position at Energocom

Former MP of the Platform for Dignity and Truth, Alexandr Slusari, currently executive director of the Farmers' Force Association, has been appointed member of the Energocom Board. The announcement was made by the head of the institution, Victor Bînzari, who noted that he will have full rights to be involved in the strategic development of the company.

Victor Parlicov: We do not rule out a return to the purchase of gas from Gazprom

The Republic of Moldova can buy cheaper gas from the international market, and there is currently no need to buy natural gas from Gazprom for the right bank of the Dniester, Energy Minister Victor Parlicov told TV 8. But he does not rule out the possibility of returning to importing gas from Gazprom.

More opportunities for transit of goods between Moldova and the EU: What the agreement ratified by the Parliament provides for

The agreement between the Republic of Moldova and the European Union (EU) on road freight transport has been ratified. The agreement will help overcome transport bottlenecks faced by Moldovan road haulage operators following the Russian Federation's military aggression in Ukraine, according to Parliament.

Moldovagaz's debt of over one billion lei to Energocom has been repaid

Moldovagaz has paid back in full the loan of 1.05 billion lei taken from Energocom last October, for which all the movable assets that are part of the natural gas transmission network, as well as the entire share of Moldovatransgaz Ltd. were pledged, Energocom announced in a press release.

IMF revises its estimates of global economic developments

The International Monetary Fund (IMF) has revised its estimates for the world economy this year. After growing by 3.4% in 2022, the world economy will slow to 2.8% in 2023, 0.1 percentage points less than forecast in January, according to the latest World Economic Outlook published on Tuesday by the international financial institution. According to the report, the global economy is recovering very slowly from high inflation and the consequences of the Russian invasion of Ukraine.

Energy Minister Victor Parlicov: The Black Sea submarine power cable will also bring electricity to Moldova

The submarine power cable linking Azerbaijan, Georgia and Romania under the Black Sea will bring affordable electricity to the region, which will also benefit the Republic of Moldova. The statement was made by Energy Minister Victor Parlicov after a meeting with Georgian Ambassador to Moldova Levan Diasamidze.

Experts: the interconnection of Moldova's high-voltage lines with Romania, a priority for Moldelectrica

The interconnection of Moldova's high-voltage lines with its Romanian partners is a priority for Moldelectrica, said experts who attended a working meeting with Transelectrica representatives.

Ukraine resumes electricity exports to Europe

Ukraine has resumed electricity exports to Europe after a six-month hiatus caused by Russian missile attacks on its energy infrastructure, Ukrainian Energy Minister Gherman Galuscenko announced, reports Agerpres.

Republic of Moldova interested in Chinese companies' experience in renewable energy storage and transport transition to electric vehicles

The Republic of Moldova is interested in taking over the experience of Chinese companies in storing energy produced by renewable installations, as well as in transitioning public and private transport to electric vehicles, Energy Minister Victor Parlicov told a meeting with China's ambassador to Moldova, Yan Wenbin.

World Bank forecasts 2% growth of the world economy in 2023

The World Bank has revised the outlook for the global economy for this year slightly upwards to 2%. World Bank president David Malpass warned, however, that the current turmoil in the banking sector and rising oil prices could slow the rate of growth of the global economy in the second half of 2023, Biziday reports.

Dorin Recean: Promoting exports with local products means more jobs

Promoting exports with local products means more jobs in Moldova, Prime Minister Dorin Recean told the opening of the round table on economic diplomacy. According to the Prime Minister, this means diversifying markets, attracting investment and developing new infrastructure projects.