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10 February 2012
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Gheorghe Russu

Vice-director, The Center for Combating Economic Crimes and Corruption

Parties-Phantoms, Parties - State Institutions, Parties - State Enterprises

Ion PREAŞCĂ

20 parties have registered in the current election campaign. Many people say it is a too big number for such a small country as Moldova. At the same time, much more parties could take part in the election campaign.

Last week illustrated
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Activists launch Moldova’s first ‘Space Camp’ © Susan Coughtrie

Foreign investors concerned about pricing situation in Moldova

Members of the Association of Foreign Investors of Moldova express their concern in the connection with difficulties, they have faced lately in their activities.
INFOTAG, 11 February 2010, 15:39

According to the press service of the Ministry of Economy, investors are concerned, in particular, with the growth of market prices, the price control system at the customs, the national currency exchange rate situation and new legislative reforms.

They discussed these problems at their meeting with Vice-Premier, Minister of Economy Valeriu Lazar. He explained that the ministry reconsiders the legislative framework relating to the investment climate, in order to mitigate the administrative burden, which falls on investors' shoulders.

The minister welcomed foreign investors' readiness for an open dialogue on existing problems and proposed to work out a stable schedule of meetings.

In the near time the Government and the association will conduct a roundtable for discussing difficulties, faced by foreign businesses and searching for ways to overcome them.

The Association of Foreign Investors of Moldova was set up in September 2003 and unites 19 largest companies, including Draxlmaier Automotive (Germany), Leogrand (Turkey), Metro Cash & Carry (Germany), Mobiasbanca - Groupe Societe Generale (France), Moldcell (the Netherlands), Orange Moldova (France), Tirex Petrol (Germany), Union Fenosa (Spain). The investments, made by the Association members in the Moldovan national economy exceed $750 million - over a half of investments, made during the years of Moldova's independence. The Association created over 8 thousand jobs for Moldovan citizens.

 



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