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

CIS Group, one of the largest players in the Romanian gas industry, will expand its activities in Moldova through its subsidiary CIS Gaz Trading

CIS Group, one of the largest players in the Romanian gas industry, will expand its activities in Moldova through its subsidiary CIS Gaz Trading

This was reported by the Romanian media, noting that this will be facilitated by a license for the supply of natural gas and electricity, issued by the National Agency for Energy Regulation. According to CIS Group estimates, in 2022, approximately 25% of the group's business will be in activities related to export and international trade. Last year, the combined turnover of the group's companies was 40 million euros. “We are pleased that we have managed to strengthen our position on the market in the Republic of Moldova, where we have been present since last year through the construction and installation of gas pipelines. Through the four main business units of the group, we want to expand our activities in the regional energy market, both in the Republic of Moldova and in Bulgaria, Serbia or Greece, where we have already signed the first partnership contracts, ”said CIS Group CEO Sebastian Călugăr. According to him, over the past 3 years, the CIS GAZ division, which is part of the CIS Group, has implemented some of the most important strategic projects in the history of the company, which were included in the "Development plan for the national natural gas transportation system for the period 2020-2029", the beneficiaries of which became SNTGN Transgaz SA (Romania) and Vestmoldtransgaz (Moldova). In fact, at the end of last year, CIS GAZ was identified by NAER as a natural gas supplier from Romania. Among the completed projects: the expansion of the Iasi-Ungheni-Chisinau gas pipeline (II stage) for gas supply to Moldova and an increase in throughput capacity in the future, as well as the completion of more than 80% of the work on the construction of the Onesti-Gherasti-Letcani gas pipeline in Romania. For 2021, CIS Group plans to develop a portfolio of projects in the region of Central and Eastern Europe, especially in the field of natural gas trading and construction of gas pipelines and installations, as well as further develop a portfolio of residential and non-residential customers for the supply of natural gas and electricity in the region. CIS GAZ is a 100% private Romanian company with 30 years of experience in the local market. The company has four main areas of activity: gas supply; construction and installation of gas pipelines; maintenance of pipelines; supply of equipment for the gas and oil industry. The company is currently undergoing a business restructuring and modernization plan to create a new holding structure: CIS GROUP. // 25.05.2021 — InfoMarket.

News on the subject

A new methodology for calculating and applying prices for oil products in Moldova will be developed and approved by June 14 - NAER.
A new methodology for calculating and applying prices for oil products in Moldova will be developed and approved by June 14 - NAER.
One of the largest filling stations of Moldova has increased retail prices for gasoline and diesel fuel.
One of the largest filling stations of Moldova has increased retail prices for gasoline and diesel fuel.
NAER will hold public consultations on May 20 on the development of a new Methodology for the calculation and application of prices for petroleum products
NAER will hold public consultations on May 20 on the development of a new Methodology for the calculation and application of prices for petroleum products
Moldova ranks 3rd in terms of purchases of natural gas from Gazprom among the countries of the former USSR, 5th among the countries of Central Europe and 8th among the countries of Western Europe.
Moldova ranks 3rd in terms of purchases of natural gas from Gazprom among the countries of the former USSR, 5th among the countries of Central Europe and 8th among the countries of Western Europe.
ANRE started developing a draft of a new Pricing Methodology for petroleum products.
ANRE started developing a draft of a new Pricing Methodology for petroleum products.
Moldova: natural gas consumption has grown significantly against the background of a cold spring, which has led to a significant excess of the limit fixed in the contract with Gazprom.
Moldova: natural gas consumption has grown significantly against the background of a cold spring, which has led to a significant excess of the limit fixed in the contract with Gazprom.