What is your forecast for the business development in Moldova in 2012:
According to XPRIMM, a company, the insurance market of Moldova has increased by 10% to 61,4 mln. EUR within last year. The biggest volume of the insurance premiums fell to the Motor Third-Party Liability and made up 22,7% (228 mln. leis); it was followed by the Green Card - 18,8% (189 mln. leis). At the same time, insurance indemnifications were 334 mln. leis in 2011, that is 3,5% more as compared with 2010. The biggest indemnifications (about 43,4%) were allotted to repair damage insured on the Motor Third-Party Liability (85,95 mln. leis) and Green Card (59 mln. leis). leaders of the insurance market in 2011 were Moldasig (28,1% of premiums), Asito (15,6%) and Grawe Carat Asigurari (11,5%). 73% of the market falls to the share of 5 companies, and the first 10 companies take about 91% of the market. The information is provided with the reference to preliminary findings by the National Commission on Financial Market covering the activities of 22 companies in 2011, including the activity of Moldova-Astrovaz for 9 months of the past year).
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According to the National Bureau of Statistics, the volume of industrial production declined 4,5% in March, 2012 as compared with March, 2011 The decline in industrial production was explained by 9,1% lower production in the mining industry, by 3,1% lower production in the processing industry and the 3,8% less production in the energy sector.
DetailsAccording to the National Bureau of Statistics, this is 1,2% up as compared with the same period of 2011. In Q1, 2012 the sales turnover of enterprise with retail sales as their primary business line grew 4,4% in comparable prices against numbers of Q1, 2011. The sales turnover of enterprises rendering market services to population increased 18,9% as compared with the previous month and 3,4% as compared with March, 2011. In Q, 1, 2012 their turnover increased 3,7% in comparable prices as compared with Q1, 2011.
DetailsAs presenting an annual EC report on implementation of the European Neighboring Policy, realized since 2011, at a press-conference on Tuesday, he said that within the last year Moldova achieved significant progress in lots areas and stands a chance to be given a “chunk of the pie” from the budget assigned by EC for realization of ENP.
DetailsAdjusted to inflation, it grew 4,1% in real terms. The average wage was2957,5 leis if the budget sector and 3423,6 leis in the real sector, growing 11,9% and 8,8% respectively. According to the National Bureau of Statistics, the highest average salary was paid to workers of the banking sector and made 7214,8 leis(+15,6% against March, 2011).
Details| EUR | 15.0734 | 0.0000 |
| USD | 11.8726 | 0.0000 |
| RUB | 0.3818 | 0.0000 |
| RON | 3.3889 | 0.0000 |
| UAH | 1.4744 | 0.0000 |
Exchange rate of NB RM on 20.05.12
| In Chisinau |
+15,0 °
|
| 20.05.12 | +14...+16 |
| Tomorrow | +17...+19 |
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