Business news from Ukraine

Business news from Ukraine

Moldova approves two new gas supply routes from Greece to Ukraine

Moldova’s National Energy Regulatory Agency (ANRE) has introduced two new routes through its gas transmission system (GTS) for gas transit from Greece to Ukraine, the regulator said.

“These products (supply services) are designed to facilitate natural gas flows from Greece to Ukraine through the Trans-Balkan infrastructure, contributing to the strengthening of regional energy security, diversify supply sources, and make efficient use of transport capacity, in accordance with the request of Vestmoldtransgaz LLC (Moldova’s GTS operator) and a joint initiative by the natural gas transmission system operators of Greece, Bulgaria, Romania, Moldova, and Ukraine,” the ANRE said in a statement.

The regulator specified that this refers to “two new special capacity products – Route 2 and Route 3, which will be available from December 2025 to April 2026.”

The new services will be offered monthly through parallel auctions on the RBP platform using a single price algorithm, with discounts applied to the tariffs of transit country operators. “The introduction of these products will increase gas transit volumes through Moldova’s transmission system and indirectly create the conditions for optimizing natural gas transportation tariffs in the future,” the statement said.

The regulator recalled that in May this year, a monthly service product called “Route 1” was introduced, designed for use at interconnection points on the Trans-Balkan pipeline connecting the natural gas transportation systems of Greece, Bulgaria, Romania, Moldova, and Ukraine.

As reported, in May this year, gas transmission system operators in Bulgaria, Greece, Moldova, Romania, and Ukraine developed a scheme for the supply of American liquefied natural gas (LNG) from Greece to Ukraine via the “Vertical Gas Corridor,” agreeing on a single tariff for gas transit with a 25% discount. The aim of the project is to ensure gas injection into Ukraine’s underground gas storage facilities in preparation for the heating season.

In July, Moldovan Energy Minister Dorin Jungiatu reported that the Moldovan state-owned company Energocom had successfully tested the delivery of LNG from the US via the Vertical Gas Corridor, pumping regasified fuel from a port in Greece to Ukraine’s underground gas storage facilities.

In early November, pipeline company ICGB, the independent operator of the Greece-Bulgaria interconnector (IGB), together with the gas transmission system operators of Greece, Bulgaria, Romania, Moldova, and Ukraine, signed an agreement to launch two new routes for the delivery of natural gas from Greece to Ukraine. The gas transmission system operators of these countries proposed to make these routes available from December 2025 to April 2026.

According to ICGB, route 2 starts at the Amphitrite interconnection point on the DESFA network, passes through the Greek-Bulgarian interconnector (IGB) and then along the Trans-Balkan corridor: Amphitrite – Komotini (IGB) – Stara Zagora – Negru Voda 1/Kardam – Isaccea 1/Orlovca – Câșcavii – Grebeni.

Route 3 starts at the IGB interconnection point with the Trans Adriatic Pipeline (TAP) and follows the same route: Komotini (IGB entry from TAP) – Stara Zagora – Negru Voda 1/Cardam – Isaccea 1/Orlovca – Câșcav – Grebeni.

The design capacity of the “Vertical Gas Corridor” in the Greece-Bulgaria direction is 3 billion cubic meters per year. The gas pipeline operator does not rule out increasing its capacity to 5 billion cubic meters, depending on market interest.

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Gas transit to Ukraine has become cheaper due to discounts from Moldova and Romania

On October 24, the National Energy Regulatory Agency of Moldova (ANRE) held an open meeting of the Board of Directors, during which it approved a 50% reduction in tariffs for gas transportation to Ukraine.

“During the meeting, the Board approved amendments to Decision No. 272/2025 on the optimization of the ”Route 1″ capacity product on the Trans-Balkan pipeline, following a joint initiative submitted by natural gas transmission system operators from Greece, Bulgaria, Romania, the Republic of Moldova, and Ukraine. The initiative aims to strengthen regional energy security and ensure natural gas supplies to Ukraine,“ according to a statement on the ANRE’s official website.

”The approved changes provide for the extension of the Route 1 product for 6 months (November 2025 – April 2026), a 50% reduction in transportation tariffs for SRL “Vestmoldtransgaz” at the Kaushen and Grebeniki interconnection points, as well as the extension of the capacity product to all relevant interconnection points along the route. A 50% reduction in transportation tariffs is also provided for by the Romanian transmission system operator SA “Transgaz,” ANRE explained.

“With this decision, the Republic of Moldova is strengthening its role as a regional transit corridor, facilitating the transportation of natural gas from Greece to Ukraine and contributing to the diversification of routes and sources of supply. In the long term, transportation volumes are expected to increase, and as a result, the associated tariffs will decrease for users of the transport system operated by SRL Vestmoldtransgaz,” the statement emphasized.

 

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Romania and Moldova have reached agreement on construction of new bridge across Prut River

Romania and Moldova have reached an agreement on the construction of a new road bridge across the Prut River, according to a government press release from Bucharest. Under the terms of the memorandum signed by the Romanian government, the project provides for:

– the creation of a new road crossing to strengthen cross-border communication between the two countries and integrate Moldova into the EU transport network (TEN-T).

– the formation of a joint working group and a mixed commission to coordinate technical, financial, and customs issues during the implementation of the project.

– financing from the Romanian budget: in the first phase of the design of four bridges across the Prut, approximately €0.22 billion is to be allocated for each section.

The implementation of the project will help reduce transport time and increase the capacity of roads between Moldova and Romania, as well as improve the overall logistics of the region and speed up transport flows, including between Ukraine, Moldova, and Romania.

 

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Moldova has significantly reduced tariff for gas transit to Ukraine

On October 24, the National Energy Regulatory Agency of Moldova (ANRE) held an open meeting of the Board of Directors, during which it approved a 50% reduction in tariffs for gas transportation to Ukraine.
“During the meeting, the Board approved amendments to Decision No. 272/2025 on the optimization of the ”Route 1″ capacity product on the Trans-Balkan pipeline, following a joint initiative submitted by natural gas transmission system operators from Greece, Bulgaria, Romania, the Republic of Moldova, and Ukraine. The initiative aims to strengthen regional energy security and ensure natural gas supplies to Ukraine,“ according to a statement on the ANRE official website.
”The approved changes provide for the extension of the application of the “Route 1” product for 6 months (November 2025 – April 2026), the application of a 50% reduction in transportation tariffs for SRL “Vestmoldtransgaz” at the Kaushen and Grebeniki interconnection points, as well as the extension of the application of the capacity product to all relevant interconnection points along the route. The application of a 50% reduction in transportation tariffs is also provided for by the Romanian transmission system operator SA “Transgaz,” ANRE explained.
“With this decision, the Republic of Moldova is strengthening its role as a regional transit corridor, facilitating the transport of natural gas from Greece to Ukraine and contributing to the diversification of routes and sources of supply. In the long term, transportation volumes are expected to increase and, as a result, the associated tariffs will decrease for users of the transport system operated by SRL Vestmoldtransgaz,” the statement emphasized.

 

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Ukrainian businessman becomes Moldova’s new prime minister

Moldovan President Maia Sandu signed a decree on Friday appointing economist and entrepreneur Alexander Munteanu as prime minister after her party won last month’s parliamentary elections.

The decree was published on the Moldovan president’s website.

“I wish him success in forming a government that will gain the trust of parliament and meet the most important expectations of citizens: protecting peace, preparing the country for EU accession, strengthening the economy, and improving people’s living standards,” the head of state said.

According to the document, “the designated candidate must present to parliament a team and a management program in order to obtain a vote of confidence and invest the new government of the Republic of Moldova.”
According to the Moldovan publication Point, Sandu signed the decree after consultations with the Action and Solidarity Party (PAS).

It is noted that Munteanu is an economist, professor, and entrepreneur with 25 years of experience in international investment.

According to open sources, Munteanu lived in Ukraine for 20 years. He is 61 years old. He calls himself “an American of Moldovan origin” and has not previously been involved in politics. He is a successful businessman, founder of the investment company 4i Capital Partners, operating in Moldova, Ukraine, and Belarus, and has experience working for companies such as WNISEF/Horizon Capital and Dragon Capital.

Moldova is a unitary parliamentary republic.

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Moldova launches new visa category for digital nomads

Moldova is launching a new visa category for digital nomads, designed for professionals who work remotely.
The visa is intended for foreigners who can confirm their remote work and stable income.
It is valid for up to one year with the possibility of extension, allowing holders to work and live in the country between trips.
Requirements include proof of income above a certain threshold, medical insurance, and no criminal record.
Under the visa, holders will be able to take advantage of preferential tax treatment or special tax conditions depending on their place of residence.
The country seeks to strengthen its position as an attractive destination for IT and creative sector professionals. Digital nomads bring revenue to the economy through accommodation, rent, and consumption of services and goods. This further stimulates the development of infrastructure, coworking spaces, and international relations.
Moldova is joining the ranks of countries introducing special visa regimes to attract remote workers. Similar schemes are already in place in Georgia, Portugal, Estonia, and other countries seeking to strengthen their digital economies and diversify their sources of income.

 

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