Moldova’s Ministry of Energy has prepared an energy strategy for the period up to 2050, which envisages a twofold reduction in electricity imports and a multiple increase in local generation, according to the country’s Minister of Energy, Dorin Jungiatu.
“We are striving to ensure that by 2050, more than 80% of electricity is produced locally from renewable sources (currently about 30%). The strategy envisages new connections with Romania and the European Union, an exchange capacity of 2,000 MW, and the availability of gas and electricity reserves,” he said at the presentation of the strategy. He is quoted by the state agency Moldpres.
According to Jungi, the modernization of the heating systems in Chisinau and Balti will be a priority. The authorities also propose to support the most vulnerable citizens with compensation, develop infrastructure for electric vehicles, launch electrified trains, and install 100,000 “smart” meters in households across the country by 2027.
According to mold-street.com, the cost of the measures planned in the strategy exceeds €41 billion, or more than €1.5 billion per year for the period of its implementation. The bulk of the investment—€17.5 billion—will be needed to transition from hydrocarbons to renewable and alternative energy sources, as well as to expand and modernize the electricity transmission system. More than €9 billion is planned to be allocated to the reconstruction and renovation of buildings and other energy efficiency measures. Another €8.5 billion is earmarked for increasing the capacity of electricity sources.
Overall, the strategy envisages reducing the share of energy imports in the energy balance from 77% to 40% in 2050 by reducing hydrocarbon consumption and completely phasing out coal by 2030.
It is planned that by 2050, Moldova’s own generation capacity will exceed 5,000 MW, doubling the current energy sources (including the Moldovan GRES in Transnistria). There are also plans to increase the capacity of wind farms 12-fold, to 2,600 MW.
At the same time, the authors of the strategy do not rule out the construction of a small modular reactor with a capacity of 300 MW in Moldova by 2050.
The European Bank for Reconstruction and Development (EBRD) will provide a risk-sharing guarantee without pre-financing to the state-owned Ukreximbank in order to expand financing and provide new loans to Ukrainian businesses in the amount of EUR100 million.
As stated on the EBRD website, whose board of directors approved the relevant project on September 9, it will cover up to 50% of the credit risk.
According to the published information, the guarantee will be provided in two equal tranches, with the second tranche currently without obligations.
It is noted that up to EUR 20 million of sub-loans with risk sharing will be directed to finance long-term investments by SMEs under the EU4Business-EBRD Credit Line with incentives, which will allow financing long-term capital investments by SMEs to upgrade their technologies and equipment to EU standards, including investments in sustainable and green technologies (at least 70% of the sub-limit).
Eligible sub-borrowers will also receive EU-funded technical assistance and grant support in the form of investment incentives upon completion of their investment projects.
Ukreximbank is the third largest bank in Ukraine in terms of total assets as of mid-year – UAH 318.6 billion (8.3% of the system’s total assets).
In January-August of this year, Ukraine reduced manganese ore exports by 82.2% compared to the same period last year, to 8,014 thousand tons, but in August, it stepped up deliveries.
According to statistics released by the State Customs Service (SCS), while deliveries in the first seven months of 2025 amounted to 2,977 thousand tons, exports more than doubled in August, when 5,037 thousand tons were exported.
In monetary terms, exports for the first eight months of 2025 fell by 79.8% compared to the same period in 2024, to $1.329 million.
The main exports were to Slovakia (97.89% of shipments in monetary terms) and Poland (2.11%).
There were no imports of manganese ore during this period.
As reported, in January 2024, Ukraine exported 44,903 thousand tons of manganese ore worth $6.563 million to the US, breaking a two-year absence of supplies to foreign markets. In February-December 2024, there were no exports of manganese ore.
At the same time, for the whole of 2024, the country imported 84,293 thousand tons worth $18.302 million from Ghana (98.85%), Brazil (0.99%), and Belgium (0.11%). There were no imports in October-November.
Ukraine did not export manganese ore in 2022 and 2023, and in 2021 it exported 770 tons worth $89 thousand.
In addition, it was reported that the Pokrovsky Mining and Processing Plant (PGZK, formerly Ordzhonikidze Mining and Processing Plant) and the Marganetsky Mining and Processing Plant (MGZK, both in Dnipropetrovsk region), which are part of the Privat Group, stopped mining and processing raw manganese ore in late October-early November 2023, while NZF and ZZF stopped smelting ferroalloys. In the summer of 2024, ferroalloy plants resumed production at a minimum level.
PGZK and MGZK did not produce any products in 2024, while in 2023, PGZK produced 160.31 thousand tons of manganese concentrate, and MGZK was idle.
In Ukraine, manganese ore is mined and enriched by the Pokrovsky and Marganets mining and enrichment plants.
The consumers of manganese ore are ferroalloy enterprises.
In January-August of this year, Ukrainian mining companies reduced their exports of iron ore raw materials (IORM) by 7% in real terms compared to the same period last year, from 23 million 318,681 thousand tons to 21 million 679,221 thousand tons.
According to statistics released by the State Customs Service (SCS), foreign currency proceeds from iron ore exports decreased by 19.6% during this period, from $2 billion 32.671 million to $1 billion 633.454 million.
Exports of raw materials were mainly to China (43.71% of shipments in monetary terms), Slovakia (17.72%), and Poland (16.87%).
In addition, in January-August 2025, Ukraine imported mineral resources worth $58 thousand in the amount of 86 tons from Italy (40.35%), the Netherlands (36.84%), and Norway (22.81%), while in the same period last year it imported 794 tons worth $223,000.
As reported, in 2024, Ukraine increased its exports of raw materials by 89.8% compared to 2023, to 33 million 699.722 thousand tons, and foreign exchange earnings grew by 58.7%, to $2 billion 803.223 million UAH.
In 2024, Ukraine imported mineral resources worth $414,000 in a total volume of 2,042 tons, while in 2023, 250 tons of these raw materials were imported worth $135,000.
In 2023, Ukraine reduced its exports of raw materials by 26% in real terms compared to 2022, to 17 million 753,165 tons.
Foreign exchange earnings amounted to $1 billion 766.906 million (a decrease of 39.3%). Raw materials worth $135 thousand were imported, totaling 250 tons.
Ukrzaliznytsia plans to introduce fixed-term contracts for the sale of scrap metal in order to increase buyer interest and ensure predictable revenue for the company itself, according to Yevhen Shramko, head of Ukrzaliznytsia’s Repair and Production Division.
“Currently, lots consist of 300 tons, 400 tons, and 1,000 tons. We will prepare a legal basis for putting up scrap metal that will still be processed. It is not yet physically on site, but we will cut and process it in order to ship it to the buyer,” Shramko said at a meeting with associations and businesses in Kyiv on Thursday.
According to him, this will enable buyers to have predictable scrap metal supplies and work on large contracts.
According to an Interfax-Ukraine correspondent, during the meeting, it was reported that between June and August 2025, 77 auctions were successfully held, and 28,200 tons of scrap metal were sold. Currently, 95,500 tons are ready for sale, including 22,600 tons put up for auction. An additional 131,000 tons are being prepared for sale.
Shramko also said that the single price for loading services had been reduced to UAH 1,143,000 including VAT, but now the company is offering scrap metal at a price that varies depending on the loading point and loading method.
At the same time, the price does not currently depend on the type of scrap metal, but this may change in the future.
As reported, in June this year, Ukrzaliznytsia held its first successful online auctions for the sale of scrap metal after a pause of more than a year and a half.
In January-July of this year, Ukraine increased its imports of coke and semi-coke in physical terms by 6.1% compared to the same period last year, to 433,507 thousand tons.
According to statistics released by the State Customs Service (SCS), coke imports in monetary terms decreased by 3.45% during this period, to $145.079 million.
It was mainly imported from Poland (90.79% of supplies in monetary terms), Indonesia (6.59%), and the Czech Republic (2.58%).
During this period, Ukraine exported 3 tons of coke worth $2,000 to Albania.
As reported, Metinvest suspended the operation of the Pokrovsk Coal Group in January this year due to changes in the situation on the front line, electricity shortages, and the deterioration of the security situation.
Last year, Ukraine increased its imports of coke and semi-coke in physical terms by 2.01 times compared to 2023, to 661,487 thousand tons, importing it mainly from Poland (84.76% of supplies in monetary terms), Colombia (7.74%), and Hungary (2.69%). In monetary terms, imports increased by 81.9% to $235.475 million.
In 2024, the country exported 1,601 thousand tons of 84.76% coke worth $368 thousand to Moldova (99.18%) and Latvia (0.82%), while in January, March, October, and November 2024, there were no exports, whereas in 2023, exports amounted to 3,383 thousand tons worth $787 thousand.
