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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

Termoelectrica's total debts exceed 2 billion lei, the company is in a difficult financial situation

Termoelectrica's total debts exceed 2 billion lei, the company is in a difficult financial situation

This was announced at a press conference by the acting Director of Termoelectrica Iurie Razlovan, noting that of this amount, approximately 1.3 billion lei is owed to the state company Energocom, and over 600 million lei - to Moldovagaz. Iurie Razlovan said that the matter concerns historical and current debts of the enterprise, and the created working group will present a detailed financial analysis of the difficult situation in Termoelectrica. Subsequently, based on this analysis, measures will be developed and presented to the relevant ministry to correct the difficult financial situation, solve the debt problem, develop a road map, etc. The Acting Director of Termoelectrica did not go into details of the reasons for the accumulation of debts, noting that this remains to be sorted out, but most likely it is about untimely adjustment of tariffs, an increase in gas prices, etc. Iurie Razlovan also said that in order to improve management, a new organizational structure will be introduced in Termoelectrica, which has already been approved by the Council of the company and higher authorities. After structural changes, at least 20 people will be dismissed from their positions: there will be no ordinary employees among them, since it is important for the company to effectively prepare for the new heating season. Iurie Razlovan noted that Termoelectrica's management will be restructured primarily to optimize inefficient expenses and eliminate unnecessary positions in an overstaffed collective. “We are talking about improving the quality of enterprise management, changing the climate in it. It's not about people, it's about functions. Optimization will take place. People working in the field will not be affected. It’s just that over time, positions such as various assistants, deputy deputies and a lot of things that are not needed now appeared in the staff list, ” explained the acting Director of the company. According to him, about half of the 160 vacancies can be optimized later.. // 15.08.2023 — InfoMarket.

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