Major Food Factory Investment Launched in Bălți

Business 13 June 2025 23:22

A new state aid agreement was signed today in Bălți, paving the way for one of northern Moldova’s largest private investments in recent years. The company ELECTROTEHNICA will convert an abandoned industrial hall into a modern food production factory, CE Report quotes MOLDPRES

The project, valued at over 290 million lei, is backed by 173.8 million lei in government support through grants and tax incentives. It will create at least 319 jobs and focus on local ingredients and advanced technology.

Officials say the investment highlights Moldova’s growing appeal to serious investors and reinforces Bălți’s role as a regional economic hub.

Tags

Bitcoin Hits Record High Above $118K

17:00

Bitcoin continued its sharp rally on Friday, reaching an all-time high of $118,239 around 06:10 GMT.

Danish Budget Rule Could Save BGN 625M

15:45

If Denmark’s automatic budget prioritisation rule were applied in Bulgaria, it could save the country’s treasury nearly BGN 625 million in 2025, according to an analysis by the Bulgarian Fiscal Council.

Greece Cancels 1,400 Inactive Investment Plans

10 July 23:55

Greece will cancel around 1,400 stalled investment plans approved under the 2004 and 2011 development laws, according to an amendment introduced by Development Minister Takis Theodorikakos on Thursday.

SKY express Expands Fleet with New A320neo

9 July 23:55

SKY express has added a new Airbus A320neo to its fleet, marking its 11th of this model and 28th aircraft overall.

EIB: Credit Demand Up, Supply Tight in Bulgaria

9 July 22:46

Credit demand in Bulgaria has increased over the past six months but supply conditions have sharply deteriorated, according to the European Investment Bank’s latest CESEE Bank Lending Survey.

Greece Wins EU Budget Flexibility

9 July 15:00

Greek Economy and Finance Minister Kyriakos Pierrakakis hailed the EU’s approval of the national escape clause as a "strategic victory" for Greece and a sign of Europe’s institutional maturity.

Hellenic Lawyers Summit Opens in Athens

8 July 13:45

President of the Hellenic Republic Constantine Tassoulas opened the 1st Global Summit of Hellenic Lawyers 2025, held under the theme “Defending Democracy, the Rule of Law, and Justice – Global Challenges and the Role of Artificial Intelligence.”

Bulgaria Ranks 2nd in EU Retail Growth

7 July 23:45

Bulgaria recorded the second-fastest retail sales growth in the EU in May 2025, according to Eurostat data released Monday.

Athens Stocks Set 8-Month Record

6 July 23:30

The Athens Stock Exchange has posted an unprecedented 8-month streak of gains from November 2024 to June 2025, marking a historic performance in its history.

Major Food Factory Investment Launched in Bălți

Tags

Related articles

Most read

Press Releases

Features