European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Cristian Barbu, a pioneer in Romania's renewable energy sector, is returning with a new focus: energy storage.
UniCredit Bank and Mastercard have introduced the Mastercard Touch Card™ in Romania—the first tactile-designed payment card in the country, created to support people with visual impairments.
Dentons has advised Qair Polska, the Polish subsidiary of the Qair Group, on securing financing of up to €135 million for the acquisition of the Rzepin and Linowo wind farms.
TotalEnergies announced the acquisition from Low Carbon, a leading renewable energy company, of a pipeline of 8 solar projects with a capacity of 350 MW and 2 battery storage projects with a capacity of 85 MW.
Vestas and LM Wind Power have reached an agreement through which LM Wind Power's blade manufacturing facility in Goleniów, near Szczecin, Poland, will be integrated into Vestas's expanding European production network.
Greenvolt Group has reached an agreement to sell a 231MW portfolio of wind and solar projects in Spain to Transiziona, a company owned by White Summit Capital, for up to €195 million.
Greenvolt Power, part of the Greenvolt Group, has reached an agreement to sell a portfolio of four wind farms in Poland with a total installed capacity of 33.2 MW.
Auchan Romania has a long-term ambition to reduce direct emissions by 46% by 2030 and to use only renewable energy by the same year.
Raiffeisen Bank Romania publishes a simplified version of the Consolidated Sustainability Statement, providing an overview of the company's non-financial performance and its economic, social, and environmental impact in 2024.
Two companies with strategic roles in Romania's energy ecosystem – WALDEVAR Energy and Prime Batteries – are contributing to the development of the “Da Vinci New Project,” a large-scale photovoltaic park located in Nanov, Teleorman County, owned by Alive Capital.
Energa Green Development has acquired the PV Serby project, one of the largest planned solar farms in Poland, with a projected capacity of 112 MW.
ORLEN Venture Capital (ORLEN VC) has invested in Hystar, a Norwegian company specializing in high-efficiency proton-exchange membrane (PEM) electrolysers for large-scale, zero-emission hydrogen production.
Raiffeisen Bank Romania and Raiffeisen Bank International (RBI) jointly financed the development of Eurowind Energy's photovoltaic park in Teiuș, Alba County.
Unibep has signed a contract with Orlen Termika for the construction of a biomass boiler house at the Pruszków combined heat and power (CHP) plant.
Holcim Hungary's Királyegyháza cement plant now uses solar energy, covering up to one-third of its electricity needs from renewables, thanks to a 28.45 MWp solar park inaugurated on April 10, 2025.
TotalEnergies has signed a Sale and Purchase Agreement (SPA) with HitecVision, a Norwegian investment firm focused on the energy sector, for the sale of a 50% stake in Polska Grupa Biogazowa (PGB).
American energy technology giant GE Vernova officially launched its new office in Katowice, Poland. Designed
Turkish energy company Yeşilyurt Enerji has acquired a 41 MW solar project in Dâmbovița County, Romania.
Axpo's Polish subsidiary has signed a route-to-market agreement to supply renewable electricity to Auchan's operations in Poland.
PPC has begun the second phase of construction on its flagship 490 MW solar power plant in Megalopoli, part of a broader strategy to repurpose former lignite mining sites into renewable energy hubs.
Dentons, a global law firm, has played a pivotal role in the Romanian renewable energy sector by advising Sousol Holdings Ltd. on the successful sale of a 54 MW wind power project to Engie Romania.
Hungarian energy company MVM has signed an agreement with a consortium led by Turkey's Çalık Holding and Italy's Ansaldo Energia to develop a 1,000 MW combined cycle gas turbine (CCGT) power plant at the Tiszaújváros site in northeastern Hungary.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
