Mass Media Highlights

Doing Business Report: Moldova has medium cost of business regulation September 7, 2006: According to the report Doing Business 2007, Moldova registered progresses in 2005-2006 in two out of ten reforms and it ranks a leading place among reformers of licence and tax systems.
Parliament adopts draft law "Guillotine II" July 20, 2006: All legislative acts on entrepreneurial activity will be revised in compliance with a draft law on basic principles and mechanism of regulation of entrepreneurial activity, which the parliament passed in the second reading on Thursday.
Czech Republic to aid small business in Moldova April 25, 2006: The Czech Republic plans to give millions of crowns to support the development of small businesses in Moldova, according to Tomas Haisman, head of the Ministry of the Interior’s department for asylum and migration policy.
American farmer awarded Bush prize for development of agricultural cooperative farms in Moldova March 18, 2006: American farmer Norval Dvorak, a Peace Corps volunteer, was awarded Friday the prize of President Bush for activity in Moldova within the U.S. government-financed Farmer-to-Farmer program.
Foreign direct investments count for almost 9 percent of GDP in 2005 March 18, 2006: Moldova attracted in 2005 the largest foreign direct investments (FDI) in the past 15 years – 260 million dollars or almost 9 percent of GDP, according to data of the Moldovan Export Promotion Organisation.
Five Moldovan wines to be included in World Top – 1,000 March 7, 2006: Moldova will be represented in a known guide of the world wine making by brands Amaro de la Valea Perjei, Cabernet Sauvignon made in 2003, Merlot from the Reserve series (2003), Sauvignon Blanc, series Albastrele (2004) and Dionis Collection Chardonnay (2004).
MEPO: Foreign Direct Investments Will Reach 300 Million Dollars This Year February 18, 2006: The number of enterprises with foreign capital in Moldova registered a record of about 721 enterprises in 2005 or by 65 percent more than in 2004. This impressive rise will be reflected in 2006 on a total growth of foreign investments in Moldova, MEPO experts estimate.
Number of applications for brand registration up by almost 800 demands in 2005 February 13, 2006: The number of applications for registration of trademarks rose from 5,089 in 2004 up to 5,825 in 2005
Guaranteeing the Progress December 15, 2005: In the recently completed 5-year period - 2000-2005 - by using USAID Loan Portfolio Guarantees that was a revolving guarantee scheme, 937 loans were provided by the three participating banks to small and medium enterprises with a total amount of loans reaching 13.7 million USD.
The fifth One-Stop-Shop in Moldova has opened its doors in Sangerei December 23, 2005: The "Unic Plus" Office from Sangerei has been implemented due to the technical assistance provided by the BIZPRO-Moldova Project, funded by U.S. Agency for International Development (USAID), DECA-Press News Agency.
Regulatory Reform Initiative seen as one of the top business news of 2005 January 4, 2006: The enforcement of the Guillotine Law is seen as a most relevant business event of 2005 in Moldova by the BASA-press news agency
Economic Growth in Nine Months Was Higher than Estimated by Government December 19, 2005: The 7-percent growth objective forecasted by government for this year will be exceeded, if the trend registered in the first nine months, when a 8.4 percent advance was registered, continues.
"The Guillotine Law favors the transporters" - Transporters Union December 9, 2005: Thus, according to the classified list, The Ministry of Transportation and Road Administration issues, in the passengers’ transportation field, the license for route activity free of charge, which used to cost 320 lei, and the CFP license which now costs 30 lei, compared to 40 euro, until recently.
IMF Expects Draft Moldova – IMF Agreement Worked Out by Moldovan Government To Speed Up Negotiations December 6, 2005: The draft memorandum on economic and financial policies delivered by Moldovan government to the International Monetary Fund (IMF) for consultation will speed up the process of negotiations on the future program, the chief negotiator of IMF for Moldova, Thomas Richardson, who is in Chisinau as part of a delegation, has said.
Public Foreign and Government-Guaranteed Debt Down by About 6 Million Dollars, in October November 28, 2005: The public and government-guaranteed debt dropped every month this year, so that it declined by about 96 million dollars in ten months.
London to host briefing Moldova Opened to World Business November 8, 2005: According to a communication of the Foreign Ministry, 85 representatives of the British business environment and public institutions have announced their participation in this event.
Information Development Ministry to sign understanding memorandum with Dutch bank ING/POSTBANK November 8, 2005: The Information Development Ministry and ING/Postbank will sign an understanding memorandum in Amsterdam, the Netherlands, on November 8.
President Voronin: “Guillotine Law and One Stop Shop founding have lead to huge successes” November 1, 2005: Fragment from the interview with Vladimir Voronin published in Komsomolskaya Pravda, October 27, 2005
One-Stop-Shop opens in Hincesti to issue urbanism certificates and authorizations for construction activities October 28, 2005: A One-Stop-Shop opens in Hincesti on Friday, October 28, with the assistance of Bizpro-Moldova, to issue urbanism certificates and authorizations for construction activities within 30 days. Prior to the establishment of the One-Stop-Shop, the authorisations for construction activities were issued in as long as 12 to 18 months.
I.M.F. mission is optimistic, but cautious over start of new program for Moldova October 20, 2005: Moldova has registered a series of performances of macroeconomic indicators and promoted policies, but still there are some reserves, Thomas Richardson, chief negotiator of the International Monetary Fund (IMF ) for Moldova, has said at the end of the evaluation mission to Chisinau.
Independent experts say 17,5 percent is maximum limit for reduction of interest rates on credits in lei October 12, 2005: The maximum limit for interest rate on credits in lei will be 17.5 percent this year, since the inflation could exceed 12 percent at the end of 2005 and taking into account a bank margin of 4-5 percent, according to IDIS Viitorul experts.
Companies will enjoy higher fiscal incomes than individuals in 2006 October 6, 2005: Companies will enjoy larger fiscal incomes than individuals in 2006, if the parliament gives green light to proposals of the executive, the independent think tank EXPERT-GRUP has said in the latest issue of the publication Business and Economic Analyses.
Most authorizations, permits and certificates needed for entrepreneurial activity to be issued for free October 5, 2005: Only 125 types of authorizations, permits and certificates out of more than 300 have been included in the nomenclature of authorizations, permits and certificates needed for entrepreneurial activity, which took effect on September 23.
"State must establish permanent communication with business circles" October 1, 2005: Interview with Natalia Vrabie, chairwoman of the bank Moldova-Agroindbank.
A.S.E.M. opens first business incubator for students September 23, 2005: The Moldovan Academy of Economic Sciences opened on Friday the first business incubator for students. Students will learn how to open and develop a business within two years.
Demand remains highest for IT licenses September 23, 2005: The National Regulatory Agency in Telecommunications and Informatics (ANRTI) awarded 216 operational and technical licences in the period January 1 till August 24 this year, with more than half - 147 - being awarded to businesses dealing with information technologies.
Contest “Elite of Red Wines” to take place in Chisinau September 22, 2005: The Moldovan capital will host a contest called Elite of Red Wines to choose the best red from the 2005 crop on September 30
Draft Laws of financial nature approved September 17, 2005: The cabinet approved on Saturday, September 17, the most important draft laws of financial nature for next year
Moldovan GDP rose 8.6 percent in first half September 16, 2005: The gross domestic product of Moldova rose 8.6 percent till 16 billion lei (in current prices) in the first half of this year, the national statistical bureau said.
Milestii Mici included in Guiness Book as owner of world's biggest wine collection September 14, 2005: Moldova's famous winery Millestii Mici has found a place in the Guiness Book of Records for owning the world's biggest wine collection
Finance Ministry unveils draft state budget law for 2006 September 9, 2005: The Finance Ministry has unveiled the draft state budget law for 2006. The executive will review it in late September.
Chisinau to host Business Forum on Investment Climate in Moldova on September 30 September 6, 2005: Chisinau to host Business Forum on Investment Climate in Moldova on September 30...
Procedures of obtaining permits for premises construction take 157 days, costs yet reduced significantly September 2, 2005: A polled business during the last three years spent on average 157 days and 374 dollars on obtaining permits related to construction...
Japan assists Moldovan Small Business Sector September 2, 2005: Japan will offer unreimbursable financing between 50,000 and 700,000 dollars to 22 Moldova...
Government wants to raise new incomes through amendments to fiscal policy July 26, 2005: The most essential changes in the 2006 fiscal policy seek the annulment of fiscal facilities for VAT for importation and supply...
Number of businesses up to 4.6 percent this year July 26, 2005: As many as 130,200 businesses were registered on June 1, by 4.6 percent more than in the similar period of 2004...
Cahul hosts International Business Forum July 21, 2005: Cahul hosts an international forum Regional Cooperation as Factor to Attract Investments on July 21-23...
Economics Minister highly appreciates efforts of Ernst & Young to draft Leasing Legislation July 12, 2005: Economics and Trade Minister Valeriu Lazar highly appreciated the efforts of the international...
Economic laws and decisions published in Monitorul Oficial # 92-94 July 8, 2005: Economic laws and decisions published in Monitorul Oficial # 92-94
I.F.C. to allocate 8.75 million dollars to assist private sector in South-East of Europe, including Moldova July 6, 2005: I.F.C. to allocate 8.75 million dollars to assist private sector...
Over 1,110 documents reviewed under Guillotine Law until now June 22, 2005: About 1,130 official documents have been reviewed under the so-called "guillotine" law until now, which is almost three-fold more than planned, Economics and Trade Minister Valeriu Lazar said on occasion of...
Moldova posts 8,2 percent economic growth for 1st trimestre June 16, 2005: Moldova registered a 8.2 percent economic growth in the 1st trimestre, while authorities, foreign and local experts anticipated a six-percent maximum rise...
International expert reccommends government to create independent structure to examine draft normative documents June 15, 2005: The government must create a secretariat to review the draft normative documents, so that to...
Chisinau to host National Business Forum next September June 16, 2005: Chisinau will host a national business forum in September. President Vladimir Voronin...
BIZPRO/Moldova to organize seminar on crediting of business in rural sector and agriculture June 14, 2005: BIZPRO-Moldova will hold a training seminar themed Planning, Development and Implementation of Programmes on Crediting of Business in Rural Sector and Agriculture...
Registration Chamber to Become State Institution June 9, 2005: The Moldova Registration Chamber will soon become a state institution...
Businessmen urged to "fight" for their rights June 8, 2005: Persistency and determination in asserting one's rights are necessary to make Moldova's...
Moldova's industrial growth in January-April was comparable with average in C.I.S June 7, 2005: Moldova ranked the 6th place in the Commonwealth of Independent States (CIS) in January-April 2005 ...
Economics and Trade Ministry unveils names of companies woth largest salary arrears June 6, 2005: The Economics and Trade Ministry has unveiled the names of 16 companies which had to pay...
Italian companies interested to create Swine Breeding Holding in Moldova June 6, 2005: Four Italian companies are interested to create a swine breeding holding through merger of the swine plants based in the settlements of...
Cahul to host International Investment Forum in July June 1, 2005: The Cahul town municipality, 173 kilometers south-west of Chisinau, will host an International Investment Forum Regional Cooperation...
Over 350 normative documents reviewed within Guillotine Law until now June 1, 2005: The task force for revision of official documents has examined more than 350 normative documents until now and proposed the inclusion of...
Camber of Commerce and Industry to organize Business Mission to Lituania May 30, 2005: The Chambers of Commerce and Industry of Moldova and Lithuania organize an economic mission to the cities of Vilnius and Klaipeda on July 26-30
Process if implementation of economic growth and poverty reduction strategy will be made public. May 28, 2005: The Measures of implementation of the Economic Growth and Poverty Reduction Strategy Paper (EGPRSP) will be made public in line with a plan on communication and information of civil society over EGPRSP...
Moldovan politicians seek economic support of U.S. May 24, 2005: Moldovan political leaders have solicited Washington to provide economic support and assistance for development of economic reforms in Moldova...
Moldovan Companies to Attend a Business Mission to Greece May 23, 2005: A group of Moldovan companies, including Artmet, Simexim-Tour, Eximbank, private company Ion Ciona and Pirvencol, will participate...
E.B.R.D. forecasts 5.5 - percent economic growth for Moldova in 2005 May 23. 2005: Moldova will register a 5.5-percent economic growth in 2005, compared with 7 percent in 2004, according to estimates unveiled by the European Bank for Reconstruction and Development (EBRD)...
I.F.A.D. To release credits valued at 2.2 million dollars to moldovan enterpreneurs this year May 23, 2005: Chisinau-23.05.2005/11:32:24/(BASA-business) The International Fund for Agricultural Development (IFAD) plans to release credits valued at about 2.2 million...
Priorities in Moldova envisage development of infrastructure and diversification of economy May 23, 2005: Priorities of theEuropean Bank for Reconstruction and Development (EBRD) in Moldova and other states in the western area of the Commonwealth of Independent States and the Caucasus will envisage...
43 Percent of Small and Medium-Sized Enterprises in Moldova Posted Losses for 2004 April 12, 2005: About 43 percent of small and medium-sized enterprises in Moldova closed the year 2004 in losses, according to Semion Boran, director of the trade department
Chisinau to host seminar on role of financial tools in promotion of exports April 12, 2005: Chisinau will host a seminar themed Role of Financial Tools in Promotion of Exports on April 25-26.
Smal Business Exibition in Chisinau April 12, 2005: 300 entrepreneurs will attend Small Business - 2005 Exibition in Chisinau

Archive

2005 (62)

Media Highlights

September 7, 2006
Doing Business Report: Moldova has medium cost of business regulation
According to the report Doing Business 2007, Moldova registered progresses in 2005-2006 in two out of ten reforms and it ranks a leading place among reformers of licence and tax systems.

July 20, 2006
Parliament adopts draft law "Guillotine II"
All legislative acts on entrepreneurial activity will be revised in compliance with a draft law on basic principles and mechanism of regulation of entrepreneurial activity, which the parliament passed in the second reading on Thursday.