AQUILA meets 2026 emissions target two years early

AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.

Industry

Nofar builds 265 MW solar plant in Romania

Nofar Energy will build an even larger facility. The company has signed a turnkey contract, including operation and maintenance services, for a 265 MW solar power plant in Corbii Mari, Dâmboviţa County.

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Industry

EU funds Belgium's green transition

The European Commission has endorsed a positive preliminary assessment of Belgium's second payment request for €909 million under the Recovery and Resilience Facility.

Industry

Romania reaches 30% wind power milestone

Romania reached a landmark moment in its energy sector, with wind power generating over 30% of the nation's total electricity consumption—an achievement the authorities have described as symbolic.

Business

Verbund acquires 272 MW wind project in Romania

Verbund Wind Power Romania has acquired a fully developed wind energy project from Monsson, a multinational group specializing in wind, solar, energy storage, and green hydrogen solutions.

Business

Ganz launches solar and storage system in Hungary

Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has completed the construction of a solar power plant and a hybrid energy storage system at its production site in Tápiószele, Hungary.

EU must align EV incentives

As electric vehicle (EV) adoption lags behind expectations, the European Automobile Manufacturers' Association (ACEA) calls for a more unified and ambitious approach to incentive programs across the EU.

Real estate

EBRD backs retail growth in Balkans

The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.

Mobility

EV market surges in early 2025

Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024.

Mobility

ABB survey: Smart factories crucial for mixed vehicle production

ABB Robotics' third Automotive Manufacturing Outlook Survey, conducted in collaboration with Automotive Manufacturing Solutions, reveals that global manufacturers and top-tier suppliers see the transition to Smart Factories as a vital step forward

Mobility

EIB to support green transport projects in Romania

The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.

EIB financing in Poland hit €5.7 billion in 2024
Finance

EIB financing in Poland hit €5.7 billion in 2024

The European Investment Bank (EIB) Group's financing in Poland rose 10% on the year in 2024, reaching €5.7 billion and helping accelerate modern development of cities and regions, as well as energy transition.

EU approves €436 million aid for hydrogen in Austria and Lithuania
Finance

EU approves €436 million aid for hydrogen in Austria and Lithuania

The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.

EIB to support green transport projects in Romania
Mobility

EIB to support green transport projects in Romania

The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.

EU and EIB Group to boost affordable housing
Real estate

EU and EIB Group to boost affordable housing

The European Commission and the European Investment Bank (EIB) Group are collaborating with national promotional banks (NPBs) and international financial institutions (IFIs) to create new financing opportunities for affordable and sustainable housing across Europe.