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

Moldova is one of the first countries to switch to version 6 of the New Computerized Transit System (NCTS)

Moldova is one of the first countries to switch to version 6 of the New Computerized Transit System (NCTS)

This was reported by the Customs Service, noting that on the night from Sunday to Monday, September 8, it successfully completed maintenance and modernization work on the information system in the part related to the customs clearance process. The purpose of these works was a complete transition to NCTS version 6 (New Computerized Transit System) - the latest European platform for managing the transit regime. The process took place without operational failures for economic agents, which allowed them to take advantage of the full continuity of foreign trade activities. As noted, the Customs Service of Moldova completed the transition to NCTS P6 for domestic transport, becoming one of the first countries to implement this version, and the first in the region to complete such a technical modernization. This progress strengthens preparations for accession to the Convention on a Common Transit Procedure. As noted in the CS, the said system provides significant improvements for economic operators: fast and secure exchange of electronic data with customs authorities; reduced time for transit formalities and reduced administrative costs; increased transparency through access to up-to-date information on the status of transactions; accelerated issuance of guarantees and efficient completion of customs procedures. The system also ensures stricter and more secure monitoring of transactions, reducing the risk of fraud and facilitating risk-based controls. “Completion of the transition to NCTS version 6 represents not only technological progress, but also a decisive step towards Moldova’s integration into the European customs area. For businesses, this means increased security, reduced costs and simplified procedures. For us, as a customs authority, this is proof that we can respond effectively and responsibly to European standards,” said Alexandru Iacub, Director of the Customs Service. According to him, the implementation of NCTS is part of the process of bringing Moldova into line with European customs standards and practices. By joining the Convention on the Common Transit Procedure, economic operators from Moldova will benefit from the same benefits as those from the EU, the European Free Trade Association (EFTA) and common transit countries, which will contribute to increased competitiveness and integration into regional and international trade chains. // 08.09.2025 – InfoMarket.

News on the subject