Business news from Ukraine

Business news from Ukraine

Ukrainians’ attitudes toward Moldova show steady increase in positive sentiment and sustained high level of trust

Moldova ranks among the countries closest to Ukraine not only geographically but also in terms of public perception. According to a survey conducted in March 2026 by the research company Active Group in collaboration with the Experts Club information and analytical center, 60.1% of Ukrainians describe their attitude toward Moldova as positive, a significant increase from 51.3% in August 2025. Thus, over the course of six months, positive perception has increased by nearly 9 percentage points.

The distribution of positive attitudes is fairly even: 22.8% of respondents chose the option “completely positive,” while another 37.3% selected “mostly positive.” This indicates not only a general level of favorability but also that a significant portion of Ukrainians have a well-formed and stable positive perception of Moldova.

At the same time, the share of neutral assessments remains relatively high—32.9%. This is a typical figure for countries that, despite their proximity, are not at the center of the constant information flow. However, even with such a proportion of neutral responses, the overall balance of perception is clearly tilted toward the positive side.

Negative attitudes toward Moldova remain minimal—5.4% in March 2026 (compared to 4.7% in August 2025). Although this figure has risen slightly, it remains at a low level, confirming the absence of significant sources of tension in bilateral perceptions.

The trend indicates a gradual strengthening of Moldova’s positive image in Ukrainian society. The increase in positive sentiment occurred both due to a shift of some neutral assessments toward positive ones and through a general rise in the level of trust in the country.

In a broader context, these results can be explained by the proximity of Ukraine’s and Moldova’s interests, shared security challenges, as well as similar European integration trajectories. In the minds of Ukrainians, Moldova is increasingly perceived as a partner with a similar political and values-based context.

“Attitudes toward Moldova are a telling example of how a stable, positive image of a neighboring country is formed. Here, not only geographical proximity plays an important role, but also a sense of shared interests and a similar strategic course. It is precisely these factors that ensure the long-term strengthening of trust in society,” noted Maksym Urakin, founder of the Experts Club information and analytical center.

Thus, Moldova holds a firm position among countries with a high level of positive perception in Ukraine. Its image is characterized by stability, a low level of negativity, and a gradual increase in trust, making this country one of the most predictable and understandable partners in the region.

According to a study conducted by the Experts Club Information and Analytical Center based on data from the State Customs Service, the Republic of Moldova ranks 21st in total trade volume of goods with Ukraine, with a figure of $1.32 billion. At the same time, Ukraine has a clear trade surplus, as exports to Moldova exceed imports by more than seven times.

The study was presented at the Interfax-Ukraine press center; the video can be viewed on the agency’s YouTube channel. The full version of the study can be found at this link on the Experts Club analytical center’s website.

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Ukrhydroenergo has signed its first agreement for exchange-traded export of electricity to Moldova

On April 9, 2026, PJSC “Ukrhydroenergo” signed its first agreement since the launch of the “Electricity Import-Export” section on the Ukrainian Energy Exchange (UEEX), the company announced on its Telegram channel on Friday.

“It was Ukrhydroenergo that initiated the auction and sold electricity across the Ukraine-Moldova border,” the company noted.

As explained by the company, this agreement marks an important step in the development of exchange-based electricity trading and the expansion of the organized market’s capabilities. The agreement also has practical significance for the entire power system: a separate exchange section for import-export operations makes such transactions more predictable and transparent, allows for better system balancing amid fluctuating demand and generation, and opens up additional opportunities for attracting external resources or selling surplus electricity. As a result, the system gains greater flexibility, and the market gains clear rules of the game for all participants.

“For Ukrhydroenergo, this agreement is the result of the work of an entire team of specialists, as well as a strategic step toward developing a transparent, competitive electricity market integrated with European practices,” noted Bogdan Sukhetsky, Acting CEO of Ukrhydroenergo.

According to him, by initiating such mechanisms, the company is opening up new opportunities for efficient exports, increasing the liquidity of exchange trading, and strengthening energy cooperation with neighboring countries.

As reported, Ukraine reduced electricity imports by 25% in March compared to the previous month—to 942,100 MWh—and resumed electricity exports, which had last taken place on November 10, 2025. Export volumes in March totaled 30,200 MWh.

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Zelenskyy Meets with New Ambassadors from Algeria, Philippines, Australia, and Moldova

Ukrainian President Volodymyr Zelenskyy presided over a ceremony to receive the credentials of new diplomatic representatives from foreign countries and discussed issues of international security and support for Ukraine.

The newly appointed ambassadors who presented their credentials to Zelenskyy are Ahmed Ouail of Algeria, Alan Deniega of the Philippines, Jeff Bowan of Australia, and Victor Kirile of Moldova. The President congratulated them on the start of their diplomatic missions and thanked them for supporting Ukraine’s independence.

During the meeting, they discussed Russia’s war against Ukraine, the protection of citizens, as well as the situation in the Middle East and the Gulf region. According to Zelenskyy, partners emphasize the importance of Ukraine’s security mission and cooperation with countries currently under attack by the Iranian regime.

“Our goal is absolutely clear: we must enhance security everywhere and do everything possible to end the war and ensure reliable protection. We are counting heavily on coordination and mutual support. Ukraine is open to cooperation with everyone who truly values peace,” the president emphasized.

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Nibulon has launched new logistics route via Moldovan ports

One of Ukraine’s largest grain market operators, Nibulon Joint Venture LLC (Mykolaiv), has expanded the scope of its river fleet cargo transportation on the Danube and opened a new logistics route involving Moldovan ports, the company announced on its Facebook page.

“After entering the markets of the Middle and Upper Danube in 2025, Nibulon opened a new route involving Moldovan ports. The first operation involved the implementation of a comprehensive logistics scheme: a voyage was completed along the route Izmail (Ukraine) – Galați (Romania), transporting 3,600 tons of metallurgical slag,” the statement noted.

According to the company, after unloading, the vessel proceeded to the port of Giurgiulești (Moldova), where it loaded 5,000 tons of rapeseed for further transport to Constanța, Romania. The total volume of cargo transported on the voyage exceeded 8,600 tons.

In addition, Nibulon implemented a two-way logistics scheme involving the delivery of grain from Izmail to Bulgarian ports, with a return load of mineral fertilizers in Serbia for transport to Moldova.

“This format allows us to minimize empty voyages and increase the efficiency of fleet utilization,” the company emphasized.

In total, by the end of 2025, Nibulon had transported over 110,000 tons of cargo via river transport. Its own fleet enables the agricultural holding to transport various types of goods, including agricultural products, fertilizers, slag, and metal, and to adapt routes to market needs.

Before the war, Nibulon cultivated 82,000 hectares of land across 12 regions of Ukraine and exported agricultural products to over 70 countries worldwide. In 2021, the grain trader exported a record 5.64 million tons of agricultural products. After the war began, the company was forced to relocate its headquarters from Mykolaiv to Kyiv. In addition to 23 grain storage complexes, Nibulon has its own road and rail transport capabilities, as well as a fleet built at its own shipyard. During wartime, this fleet continues to carry out river transport operations.

Nibulon is actively developing its own humanitarian demining unit to restore safety on leased lands and assist Ukraine’s agricultural sector. The company is a certified operator of mine action activities.

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Top five buyers of Ukrainian flour were Moldova, Palestine, Czech Republic, Israel, and Spain

In July–March of the 2025–2026 marketing year (MY), Ukraine exported 48,300 tons of wheat flour, which is 3% less than in the same period of the previous season, when shipments totaled 49,800 tons, the Ukrainian Flour Millers Association reported on Facebook.

The industry association noted that EU countries accounted for about 35% of exports, although in the previous season the European market’s share was significantly higher, reaching 44%.

The top five consumers of Ukrainian flour for the first nine months of the 2025/26 marketing year included Moldova, which imported 14,900 tons, Palestine – 9.2 thousand tons, the Czech Republic – 7.4 thousand tons, Israel – 4.4 thousand tons, and Spain – 4.2 thousand tons.

“Flour Millers of Ukraine” also pointed to an increase in wheat flour imports to Ukraine. Thus, during the reporting period, nearly 2.3 thousand tons of the product were purchased on foreign markets, which is 21% higher than the figure for the same period last year, when 1.9 thousand tons were imported.

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Moldova to propose 60-day state of emergency in energy sector following disconnection of power line with Romania

The Moldovan government will propose to parliament that a state of emergency be declared in the energy sector for a period of 60 days, starting March 25, 2026, following the disconnection of the main Vulcănești–Isaccea power line as a result of Russian strikes on Ukraine’s civilian energy infrastructure. This was reported on the Moldovan government’s official website.

The Vulcănești–Isaccea line is the main artery for electricity imports and supplies 60–70% of the consumption on the right bank of Moldova. Authorities estimate a potential power deficit during peak hours at up to 350–400 MW starting March 25.

The Moldovan government stated that the state of emergency will allow for the rapid procurement of energy resources and emergency equipment, faster distribution of necessary resources, and, if necessary, the implementation of measures to restrict consumption and special operating rules for economic operators to protect critical infrastructure and social institutions.

At the same time, officials in Chisinau emphasize that consumers are currently being supplied with electricity from domestic sources and imports via alternative routes, including four 110 kV interconnection lines with Romania. These schemes have been used before, notably during the blackouts on January 31, 2026.

According to the Moldovan state agency Moldpres, citing the National Crisis Management Center, downed drones were discovered near the Isaccea-Vulcănești line, limiting access for technical crews and requiring demining before repair work can begin. Inspections are being conducted in coordination with transmission system operators from Moldova, Romania, and Ukraine.

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