Infomarket

News

Data about the Activity of Moldovan Commercial Banks on July 31, 2025Dr. Sándor Csány: Being the 4th largest, OTP in Moldova will grow both organically as well as through possible mergers and acquisitions It seems to be a place, but it is notScott HOCKLANDER: For me, the persistence of Moldovan citizens is not only a learned lesson, but also a great exampleSorin MASLO: "The year 2022 was a turning point for the "Cricova" Wine Combine, the turnover increased by almost 25%"Deposit rates are at their peak. Market conjuncture or Why banks need individuals’ depositsValeriu LAZĂR: "If the state does not support business today, tomorrow it will have no one to collect taxes from.Chisinau Airport as a reflection of statehoodMonetary measures against non-monetary inflationBanks as the fulcrum of the economy: they have increased profits and are preparing for the challenges of the 2H 2022The Ministry of Finance and investors in the State Securities market at the peak of placement volumesThe banking market: turmoil and increased demand. No panicIs Moldova ready for the economic consequences of the war in the neighboring country?Are we heading for hyperinflation? It all depends on the correct diagnosis and the prescribed treatmentWhat is happening in the Government Securities Market and what does the National Bank have to do with it?The wine industry is on the verge of a revolution: Is the industry-specific law bankrupting enterprises? The trap for the oil products marketLászló DIÓSI: Foreign investments come to Moldova due to banking system stabilityWhen there is no program with the IMF, we issue are government securities ...Nikolay BORISSOV: “Acquisition of Moldindconbank is the best procurement in the Moldovan market, albeit the most risky one”Oil Ping Pong GamesBanking 2020 - pandemic, profitableWeird 2020: humility, depression, rebellion, accepting a new realityThe Hunger Games of the foreign exchange marketHow to tame liquidity?Veaceslav IONITA: The government killed the business, but flirted with the populationPeople and Business: Natural and Unnatural SelectionAlexandru BURDEINII: Being ethical becomes vital in business nowadaysMoldova’s Key Macroeconomic IndicatorsPrices at filling stations

In 2024, Moldova became the 6th largest exporter of vermouth in the world with an indicator of $ 43.8 million - Veaceslav Ionita

In 2024, Moldova became the 6th largest exporter of vermouth in the world with an indicator of $ 43.8 million - Veaceslav Ionita

This was reported by an expert on economic policy at the Institute for Development and Social Initiatives (IDIS) Viitorul, noting that 99% of all exports of Moldovan vermouth last year went to the US market. Vermouth is an alcoholic drink with aromatic herbs. Moldova previously supplied it mainly to Russia, Belarus, and Kazakhstan. The US market was opened in 2023 and in 2024, the total export volume of Moldovan vermouth amounted to $ 43.8 million, with 99% of all exports going to the United States. "We discovered the Americans. The Americans discovered us. And in addition to all the achievements that we already have - the export of wine, fruits, plums, which have gone down in history - vermouth has now become the number one product. And so, almost unnoticed, we became the 6th largest vermouth exporter in the world, and with a little effort, we can soon reach 4th place after the countries that are well known to everyone: Italy, France, Spain,” said Veaceslav Ionita. He emphasized that vermouth is produced in Moldova, and it is not about re-export. “We managed to surprise the world. We already occupy 6% of the world vermouth market. With a little effort, we can exceed 10%. Literally out of nowhere - we have become major players in the world vermouth market. And for the Americans, out of 10 bottles of vermouth they drink, at least 2 bottles are produced in Moldova,” said the economic policy expert of the Institute for Development and Social Initiatives (IDIS) Viitorul. // 08.04.2025 – InfoMarket.

News on the subject

The turnover of the 10 largest retail chain owners in Moldova in 2024 amounted to 1.5 billion euros (almost 31 billion lei), which is 23.4% more than in the previous year
The turnover of the 10 largest retail chain owners in Moldova in 2024 amounted to 1.5 billion euros (almost 31 billion lei), which is 23.4% more than in the previous year
"We will continue the dialogue with the American side to clarify the details of the new measures and protect the interests of our producers," - Doina Nistor
"We will continue the dialogue with the American side to clarify the details of the new measures and protect the interests of our producers," - Doina Nistor
Duty on imports of Moldovan goods to the US is raised to 31% as part of the introduction of large-scale duties on imports of goods for 184 countries worldwide
Duty on imports of Moldovan goods to the US is raised to 31% as part of the introduction of large-scale duties on imports of goods for 184 countries worldwide
Moldova's free trade agreement with the European Free Trade Association (EFTA) entered into full force on April 1
Moldova's free trade agreement with the European Free Trade Association (EFTA) entered into full force on April 1
Over the last few years, Moldova has increased exports of plums to the UK 15 times, apples 5 times and grapes about 3 times
Over the last few years, Moldova has increased exports of plums to the UK 15 times, apples 5 times and grapes about 3 times
Moldovan Border Police and Philip Morris International (PMI) signed Memorandum of understanding
Moldovan Border Police and Philip Morris International (PMI) signed Memorandum of understanding