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Emerging Europe launches call for applications for 2019 Leaders’ Meeting and Awards

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Following the successful launch of the Leaders’ Meeting and Awards in 2018, Emerging Europe, a London-based business, media and research platform, whose mission is to contribute to the social and economic growth of 23 countries of Central and South-Eastern Europe and the Caucasus, is delighted to have launched applications for the 2019 edition.

“The 2018 Leaders’ Meeting and Awards attracted nearly 600 applicants from 23 countries,” said Andrew Wrobel, founding partner, strategy and content at Emerging Europe. “This year we’ve added new categories and we expect even higher interest and even more interesting initiatives.”

There are seventeen categories divided into three groups: image building, social and economic growth, and two special categories for individuals contributing to the region’s growth; one originating from the region and one from outside the region.

Lifetime Achievement Awards will be offered by the Emerging Europe Council, consisting of 12 business and political leaders, and social activists such as Professor Günter Verheugen, former vice-president of the European Commission, Ivan Mikloš, former deputy prime minister of Slovakia, Ion Sturza, former prime minister of Moldova, and Olga Grygier- Siddons, former CEO of PwC CEE.

In 2018, Emerging Europe published its own Investment Promotion Report (full ranking below). This year the organisation will publish its first Business-Friendly City Perception Index.

“The Leaders’ Meeting and Awards are about rewarding excellence and highlighting best practice across the region. We want to show the best of the region and help raise standards,” said Mr. Wrobel. “Both the Investment Promotion Report and the Business-Friendly City Perception Index have been developed to serve these goals. During the event, we organise an investment roundtable where we share knowledge and experiences.”

“One important element which is very often underestimated is the exchange of best practices, and that is exactly what you are trying to do here. We tell each other what we have achieved, how we have achieved it, what our problems are. My strong advice would be to concentrate very much on these exchanges,” said Günter Verheugen, former vice- president of the European Commission, and the winner of the 2018 Lifetime Achievement Award.

PwC CEE, which covers the entire emerging Europe region, remains the Leaders’ Meeting and Awards strategic partner.

“The first Leaders’ Meeting and Awards ceremony was a great success. Not only was it an inspirational showcase for how dynamic, innovative, and passionate the emerging Europe region is — but the organisers did a great job of fostering a sense of community among participants from several countries. Our involvement provided us with many great opportunities to build relationships with representatives of businesses, governments, investment promotion agencies, and financial institutions.” said Jeffery McMillan, director, global communications, PwC.

The 2018 Awards were given to 11 winners from ten countries: Invest Lithuania, Siemens Czech Republic, Solaris, Amazon, City of Wrocław, City of Ljubljana, DeepDee, Teach for Armenia, We Care Men Care, New Bazaar Tirana, and Professor Günter Verheugen.

“We are proud that Solaris is a brand enjoying global recognition and appreciation. The Global Champion award is a wonderful confirmation of that fact, placing us in the elite group of top enterprises that won in 2018, including giants like Amazon and Siemens,” said Dariusz Michalak, deputy CEO of Solaris Bus and Coach.

“I’m so proud of winning such a prestigious and independent award, especially considering the very high standard of all other nominees in our category,” said Roman Valny, CEO at Siemens Czech Republic.

The Emerging Europe Leaders’ Meeting and Awards will take place on June 27-28, 2019 in London. The event will start with a Cocktail Reception at the Palace of Westminster (Houses of Parliament). The full Leaders’ Meeting and Awards programme, which includes keynote addresses, panel discussion, and the awards ceremony, will take place on June 28, at the headquarters of the European Bank for Reconstruction and Development.

Applications are open in 13 categories:

Global Champion of the Year

Regional Champion of the Year

FDI Project of the Year

Research and Development Project of the Year

Innovation Initiative of the Year

City FDI Strategy of the Year

Tourism Campaign of the Year

Renewal Project of the Year

Social Impact Start-up of the Year

Young Empowerment Initiative of the Year

Equality-Friendly Initiative of the Year

Silver Economy Initiative of the Year

Young Influencer of the Year

2018 in numbers: 100+ press articles, 110 nominees, 300+ attendees, 577 applicants, 4m+ #EEAwards social media impressions

Summary of the 2018 Event

Investment Promotion Ranking 2018

Economy

A mission of the International Monetary Fund led by Ruben Atoyan is coming to Moldova

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A mission of the International Monetary Fund (IMF) headed by Ruben Atoyan will be on an official visit to Chisinau from June 26 to July 10, 2019, writes ZdG.

According to an IMF press release, the mission will hold talks with the authorities in the context of the revision of the IMF-funded program under the Extended Fund Facility (ECF) and WFP arrangements. The mission will analyze recent economic developments and progress in program implementation, as well as update and assess the macroeconomic outlook and discuss with authorities about macroeconomic policies in the coming period.

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Economy

How many millionaires are there in the Republic of Moldova?

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1 760.

1760 citizens of the Republic of Moldova obtained revenues of over 1,000,000 lei in the year 2018. The total income earned by these people was 6.140,000,000 lei and the tax paid to the budget from this income is the amounted to 479.710,000 lei, the State Tax Service announced.

According to the quoted source, the highest amount of income earned by a natural person in 2018 was 83.250,000 lei.

Territorial, most millionaires are registered in Chisinau – 1384.

The youngest person in this category is 21 years old and the oldest – 90 years old.

Accordingly, the average income of a taxpayer is 49.700 lei in 2018 compared to 44.800 lei in 2017.

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Economy

The past and the future of Moldova’s energy sector security

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The energy sector is one of the vulnerable areas of the Republic of Moldova because it could not provide national security in case of exceptional situations.

The energy vulnerability of the Republic of Moldova is caused by the dependence on natural gas and electricity from the outside, obsolete infrastructure and tariffs inadequate to economic rigors. The accession of the Republic of Moldova to the European Energy Community could represent the solution to many problems existing in the energy sector, says the political analyst of the IIDIS Viitorul, Ion Tăbârţă via the Newsletter.

Achieving commitments under the European Energy Community could ultimately lead to diversification of energy supply, demonopolization and liberalization of the energy market, separation of energy activities, renovation and modernization of infrastructure, non-discriminatory tariffs for consumers.

With the signing of the Association Agreement with the EU, the Republic of Moldova started transposing and implementing the provisions of the Energy Package III, adopted by the European Union in 2009.

The Republic of Moldova has achieved good results in transposing the European directives into national legislation, adopting several laws in the energy field. However, the Republic of Moldova is experiencing some delays in adopting sectoral energy laws, such as the Oil Law.

The reforming and modernization of the Moldovan energy system will be realized only after the implementation of these laws, when their functionality will be ensured. The Government of the Republic of Moldova and ANRE are the main institutions responsible for the implementation of the regulatory framework.

The implementation has several dimensions:

  1. development and approval of secondary legislation
  2. liberalization of the energy market and institutional and organizational consolidation
  3. modernization of energy infrastructure.

To achieve these goals, the energy interconnection with the EU must be achieved, which can only be done through Romania. The Government of the Republic of Moldova concluded in 2015 a Memorandum of Understanding with that of Romania. This implied the realization of 5 large projects that would ensure the interconnection of the natural gas and electricity networks between the two states.

What should the Republic of Moldova do for a more secure energy sector?

The Republic of Moldova needs to modernize and restructure it in order to overcome the inherited vulnerabilities of the past. Contrary to expectations arising from the national interest of the Republic of Moldova, this process is much slower than expected.

We have delays in the adoption of legislation, especially the secondary one, and delays in the modernization of energy infrastructure. This is particularly evident in energy interconnections with Romania, which could be viable solutions to many of the existing energy problems in the Republic of Moldova. Under the conditions that there is external support from the outside, such an attitude means that things are “intentionally entangled” inside. Money is capacity, the rest is at the mercy of political will.

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