Purcari signs memorandum to promote sustainable economic growth

Green Forum
Purcari Wineries Public Company Limited, the leading wine producer in Central and Eastern Europe, announced the signing of a Memorandum of Understanding (“MoU”) with the Green for Growth Fund (“GGF”), advised by Finance in Motion. The MoU establishes a collaborative framework that aligns with GGF's mission to mitigate climate change and promote sustainable economic growth.

This collaboration aligns with Purcari's 2027 strategy, "2x by 200," announced on October 4, 2024, and is centered on sustainability, environmental responsibility, and climate adaptation, driving more sustainable wine production in Moldova and beyond. It will utilize GGF's technical support and financial resources to enhance Purcari's capacity to implement energy-efficient systems, renewable energy solutions, and eco-friendly practices across its operations.

“This cooperation is part of our mandate to support Moldova's green transition, ensuring its energy independence by providing access to finance and expertise,” said the Chairperson of the GGF Board of Directors, Simon Gupta, who signed the MoU. “We take great pride in partnering with Purcari Wineries to jointly enable a greener and more sustainable future for the

Group, the story of which is a true testament to the power of tradition, innovation, and resilience."

“We are truly honored to partner with such a reputable fund as the Green for Growth Fund. This collaboration aligns seamlessly with our Purcari 2027 strategy, where we aim to enhance sustainability through initiatives like modern water treatment, optimizing resource consumption, and investing in ecological viticulture. With GGF's support, we will gain access to vital funding and expertise, facilitating our transition to greener operations. Our commitment extends beyond producing exceptional wines; we are dedicated to preserving our wine heritage for future generations while fostering cultural and environmental stewardship in our communities”, mentioned Alex Filip, Deputy CEO of Purcari Wineries PCL.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Energy

Solar module makers show first financial stability in over a year

The newly published Edition 2 2026 of the PV Module Manufacturer Ranking Report shows the first signs of stabilisation in the solar manufacturing sector's balance sheets after more than a year of steady deterioration. The table tracks the Altman Z-Score, a widely used measure of bankruptcy risk, for 64 publicly listed photovoltaic module manufacturers, and has now been refreshed with first-quarter 2026 data.

Energy

Romanian floating solar pioneer partners with university

The Faculty of Hydrotechnics from the Technical University of Civil Engineering Bucharest and Waldevar Floating PV have signed a strategic partnership to accelerate innovation in renewable energy and prepare the next generation of specialists in floating photovoltaic technologies.

Energy

Rezolv Energy launches Bulgaria's St. George solar park

Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.