Romania’s state-owned natural gas producer Romgaz (SNG.RO) has informed its shareholders and investors in a report on May 16 about the establishment of a natural gas supply branch in the Republic of Moldova and its registration under the name "Societatea Nationala de Gaze Naturale ROMGAZ S.A. Medias – Chisinau Branch".
More than 40 teams from Romania, Bulgaria, the Republic of Moldova, Ukraine, Serbia and Hungary have signed up for Startup Reaktor, an internationalization program through which they have access to pre-seed investments and the opportunity to expand into Western Europe and Scandinavia, the representatives of the program said in a statement.
Corteva Agriscience, a producer of agricultural seeds and plant protection products saw its business in Romania and the Republic of Moldova increase by 23% in 2023 compared with 2022.
Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as deschide.md reported.
Romania and the Republic of Moldova share a rich cultural heritage, the same language, and a long history of mutual support and cooperation. These common roots provide a solid foundation for the economic partnership between the two countries, which has seen significant progress over the years.
BCR has signed an agreement with Victoriabank – one of the largest in the Republic of Moldova, controlled by Banca Transilvania and EBRD, for the sale of the entire stake in BCR Chisinau.
Maib, the largest credit institution in the Republic of Moldova, with assets of EUR2 billion, said its Supervisory Board approved the syndicate of investment banking advisors following a decision of Dec 14 to list the company’s shares on the Main Market of the Bucharest Stock Exchange, the international stocks tier, within an offering scheduled in 2023.
Republic of Moldova’s largest lender, MOLDOVA-AGROINDBANK (Maib), which has a market share of 36.3% and about MDL39 billion (EUR2 billion) assets, got the shareholders’ approval to go public on the Bucharest Stock exchange in 2023. The move will enable it to raise the cash it needs for development.
Romania's state-owned postal operator Compania Nationala Posta Romana has inaugurated its first subsidiary abroad on Monday (Dec 12), in Chisinau, the capital city of the Republic of Moldova.