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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

CET Nord (Balti) net profit in 2024 amounted to 46.98 million lei, up 3% year-on-year

CET Nord (Balti) net profit in 2024 amounted to 46.98 million lei, up 3% year-on-year

According to the company's financial statements, its sales revenue in 2024 amounted to 699.93 million lei, down 27.7% year-on-year (969.01 million), while the cost of sales in the same period decreased by 34.3%, from 899.87 million to 591.17 million lei. The total profit increased by 57.3%, from 69.14 million to 108.76 million lei. At the same time, administrative expenses rose by 26.1%, from 27.55 million lei to 34.75 million lei, while other expenses increased by 34.5%, from 10.68 million lei to 14.36 million lei. The operating profit increased 2.2 times, from 23.07 million to 50.87 million lei. The authorized capital of CET-Nord is 117.79 million lei. The enterprise is 100% state-owned and is engaged in electricity production, as well as in production, distribution and supply of heat energy. //18.04.2025 - InfoMarket.

News on the subject

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Moldova has started accepting applications from tenants' associations for co-financing of energy rehabilitation of apartment buildings
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