Moldova

Moldova seeks to wipe out cigarette smuggling on eastern border

bne IntelliNews July 15, 2019

New government in Chisinau claims cigarette smuggling via the separatist republic of Transnistria was allowed to flourish under the previous administration.

IMF, Moldova reach staff-level agreement that will unlock next loan tranche

bne IntelliNews July 10, 2019

IMF officials commend "sound" 2019 supplementary budget and rehabilitation of banking sector, as the Fund prepares to issue a loan tranche of around $46.5mn.

Moldovan prosecutors reportedly seize properties connected to former leader Plahotniuc

Iulian Ernst in Bucharest July 3, 2019

Several properties registered with Finpar Invest Ltd have been seized in a money-laundering case, Rise Moldova investigative NGO reported, but the legal grounds for the seizures are unclear.

Owner of largest Moldovan business group Trans-Oil sells 12% stake to US fund

Iulian Ernst in Bucharest June 23, 2019

Oaktree Capital Management makes the first corporate investment by a major US asset management firm in Moldova.

Main suspect in Moldova’s $1bn bank fraud sells business as his alleged protector loses power

Iulian Ernst in Bucharest June 20, 2019

Change in ownership of the duty-free chain that was previously the Shor family's flagship asset revealed shortly after change of government in Chisinau.

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