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The implementation period of the EIB-financed Livada Moldovei project with a total cost of 120 million euros has been extended until May 27, 2023.

The implementation period of the EIB-financed Livada Moldovei project with a total cost of 120 million euros has been extended until May 27, 2023.

This will allow Moldovan gardeners to receive 60 million euros for business development on preferential terms from a previously unused fund. This is provided for by the amendment N3, ratified by the parliament, to the financial agreement between Moldova and the European Investment Bank, signed on September 21, 2021 in Chisinau, and an amendment to the covering letter to the financial agreement for the implementation of the Livada Moldovei Project, signed on July 31, 2014. The ratification of these documents allows to extend the implementation period of the Livada Moldovei project until May 27, 2023, so that the unused credit resources in the amount of about 60 million euros can be utilized. The financial contract with the EIB for the implementation of the Livada Moldovei project, totaling € 120 million, was signed on July 31, 2014. The contract expired on May 23, 2021, and its extension was necessary in order to fully benefit from the proposed loan. The ultimate goal of the project is the sustainable development of the horticultural and wine sector in Moldova by promoting the export of value-added products. As the head of the European Investment Bank office in Moldova Alberto Carley recently said, since the opening of the credit line to Livada Moldovei, more than 280 investment projects have received funds from EU funds offered through the European Investment Bank, and the EIB is ready to provide gardeners with about 60 million euros from the unused fund of this program. As InfoMarket reported earlier, the credit line offers loans from 5,000 to 5 million euros, tax incentives, as well as consultations on the development of an investment project. The EIB funds are allocated to increase the competitiveness of domestic horticulture and viticulture in the domestic and foreign markets by ensuring the modernization of all production processes, crop processing, post-harvest period through the introduction of modern technologies for the growth and storage of horticultural and viticultural products. Last year, through the Livada Moldovei credit line, 100 gardeners from all over the country financed projects worth 17.1 million euros. Since the beginning of this year, they have received loans under the Livada Moldovei project totaling 12.6 million euros. // 21.10.2021 - InfoMarket

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Moldovan processed fruits and honey are enjoying great success at the world's largest food and beverage exhibition Anuga in Cologne.
Moldovan processed fruits and honey are enjoying great success at the world's largest food and beverage exhibition Anuga in Cologne.
AIPA approved 184 applications from farmers and transferred 32.2 million lei to farmers in subsidies.
AIPA approved 184 applications from farmers and transferred 32.2 million lei to farmers in subsidies.
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Moldovan authorities are canceling all events dedicated to the celebration of the National Wine Day.
Vinaria Purcari, the largest wine producer and exporter in Moldova, received 27 medals at one of the most important wine competitions in the world, Mundus Vini Summer Tasting 2021.
Vinaria Purcari, the largest wine producer and exporter in Moldova, received 27 medals at one of the most important wine competitions in the world, Mundus Vini Summer Tasting 2021.
FAO allocates $ 265 thousand to support small farmers in Moldova affected by the consequences of the COVID-19 pandemic and the drought of 2020.
FAO allocates $ 265 thousand to support small farmers in Moldova affected by the consequences of the COVID-19 pandemic and the drought of 2020.
Walnut production in Moldova has increased over the past 5 years by 55%, amounting to 14.7 thousand tons in 2020, and our country is one of the largest nut producers in the world.
Walnut production in Moldova has increased over the past 5 years by 55%, amounting to 14.7 thousand tons in 2020, and our country is one of the largest nut producers in the world.