Restrictions imposed on interstate traffic by the authorities of the Republic of Moldova and other states have seriously affected tourism. The first blow was from the cancellation of previously made reservations. In the absolute majority of cases, these bookings accounted for more than 60% of turnover. Thus, travel agencies lost about 52 million lei in […]

The major impact on the textile industry in the Republic of Moldova is due to changes in consumer preferences related to the pandemic worldwide. As a result of the reduced consumption of clothing, orders from abroad decreased by more than 70% for 2/3 of the companies in this sector, which will lead to an estimated […]

Trade is by far the largest sector in the real economy, accounting for a quarter of the number of employees and more than half of turnover. At the same time, it is the most connected sector to other industries, the dependence of the latter to the access to the local market is crucial. Retail trade […]