Moldova

Impact Developer & Contractor real estate developer is expanding in Moldova's capital, where it will develop one of the largest residential compounds in the region. GREENFIELD Copou project will be launched in the second half of the…

Starting this afternoon, Uber will be available in Galați, the second city in the Moldova region where the service is extending (after Iași in 2019), therefore becoming the 8th Uber city in Romania. Starting today and up to April 11th,…

4 out of 10 Romanians (39%) consume wine at least once a week, and 29% about 1-3 times a month. Red wine is Romanian’s favorite, being frequently consumed by 30% of them. Wineries from Moldova have the highest notoriety…

The Government in Bucharest has today updated the list of countries with a high epidemiological risk, meaning that those coming from this countries to Romania must stay under quarantine for 14 days. Italy has been removed from this list,…

Romanian startup Frisbo, the smart e-fulfillment solution with the widest European coverage, taking on warehousing, packing and delivery of online orders on behalf of online shops, is announcing that it’s expanding operations in 5 new…

The President-elect of the Republic of Moldova, Maia Sandu, has stated that in the first days after inauguration, that might take place at the end of December, the Moldovan authorities will start preparations for the Romanian President…

Citylink, Romania’s fastest-growing shared mobility platform, has announced today the acquisition of itaxi, Moldova’s first and largest online taxi booking service, via an all-equity deal. “The tremendous potential of the smart mobility…

The stock of industrial and logistics spaces in the local market has exceeded the 4 million square meter threshold, 90% of the total stock being concentrated in eight large cities from the southern, central and western parts of Romania,…

Purcari Wineries wine producer has announced today that Lorimer Ventures Limited, a wholly-owned subsidiary of Emerging Europe Growth Fund II, L.P. (“EEGF II”), managed by Horizon Capital, sold its remaining 22.7% stake in the Group via an…

Purcari Wineries Plc wine producer has released today the results for the first half of 2019. Revenues were up 25% reaching 87.8 RON million, while adjusted EBITDA and adjusted Net Income increased YoY by 30% and 35% respectively, to 30.1…