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

Provisions of Moldova’s new Land Code, enabling local authorities to lease out lands unused by their owners for 2 consecutive years, will come into force as of April 1

Provisions of Moldova’s new Land Code, enabling local authorities to lease out lands unused by their owners for 2 consecutive years, will come into force as of April 1

Ministry of Agriculture and Food Industry reported this, noting that, in particular, this document specifies the mechanisms of intervention in situations when agricultural lands deteriorate, causing damage to neighboring lands, especially those cultivated by other farmers. In particular, if the owner of agricultural land does not maintain the land in phytosanitary condition (weed control) for more than 2 consecutive years, the local public administration authority may reserve the right to manage the land in question by leasing it. Representatives of the local Mayor's Office and the National Agency for Food Safety, at the request of the owner of the adjacent land whose interests have been violated, will inspect the land and determine whether it is abandoned and overgrown with weeds. If it is confirmed that the land has not been maintained for at least 2 years and its phytosanitary condition is unsatisfactory, the Mayor's Office will send a written notice to the owner. The land owner will be notified of the need to take the necessary measures regarding the use of the land within 3 months, and if the notice received by the land owner remains unanswered, the local authority will decide to lease the land through open bidding or, as the case may be, through direct negotiations to the sole owner of the adjacent land. Thus, if the land borders only one property, the Mayor's Office will be able to negotiate directly with the neighbor interested in cultivating it. Otherwise, the land will be put up for public auction so that anyone interested can lease it legally and transparently. The auction will be organized by a special committee of the Mayor's Office, consisting of employees of the institution, and will be announced publicly at least 15 days before the event. Once the winner of the auction is selected, the land will be handed over under an official acceptance certificate and the person who won the lease will be able to start processing it. The term of the lease agreement will be set by the Mayor's Office and the lessee, but not less than 1 year and not more than 5 years. At the end of the term, the agreement can be renewed if both parties agree. The amount paid by the lessee for the use of the land will be kept by the Mayor's Office in a special account. The owner can reclaim his land at any time by submitting a written request. From then on, the lease is immediately terminated; the money collected from the lease goes to the owner, minus the administrative costs incurred by the Mayor's Office for this procedure. “The owner does not lose his land. He/she remains the legal owner of the land, and the lease is only a temporary measure to prevent land degradation and protect neighbors. Respect for private property remains a fundamental principle, but in situations where farmland remains in an inadequate condition for a long time and affects surrounding land, the intervention of local authorities becomes necessary to prevent harm to other members of the community,” the Agriculture Ministry said. // 31.03.2025 - InfoMarket

News on the subject