Green Forum
| 18 June, 2024 at 7:00 AM
OMV Petrom to invest €2 billion by 2030 in Petrobrazi refinery
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
Romanian brewing companies have invested in advanced wastewater treatment plants to treat and reuse water and reduce the pollution load on local water bodies.
This campaign reflects their commitment to achieving climate neutrality across their entire business by 2040.
Eurowind Energy announced that it has obtained the construction permit for the Frumusița wind farm in Galati County.
Premier Restaurants Romania, the operator of the McDonald's restaurant chain in Romania, has published its sustainability report for the year 2023.
OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
Visual Fan in association with Waldevar Energy, announced the signing of a contract with Rondocarton S.R.L. for the implementation of a 1 MWp Full EPC project.
DS Smith has achieved a major environmental milestone by replacing over 1.2 billion pieces of plastic with eco-friendly alternatives.
OMV Petrom has solidified its collaboration with Renovatio through a new acquisition venture in Romania's photovoltaic sector.
Urgency is one of the biggest challenges in implementing sustainability strategies.
The wind farm is scheduled to become operational in 2025.
Agrovoltaics, a subsidiary of Restart Energy Group, signed the agreement, marking a significant milestone in developing a 500 MW photovoltaic park in Simand, Arad County.
UniCredit acted as Joint Global Coordinator and exclusive ESG Advisor in the context of Premier Energy's IPO.
BSOG Energy will develop biogas plants throughout the country, with each site estimated to have a capacity of at least 15 MW.
Transelectrica signed a Memorandum to establish a joint venture, headquartered in Romania, for the implementation of the "Green Energy Corridor" project.
The future of ESG (Environmental, Social, and Governance) in Romania appears promising.
EBRD purchased 11% of the shares offered during Premier Energy's initial public offering (IPO), investing €15.5 million.
Renovatio Solar has installed 650 photovoltaic panels on the ANA Hotels and Crowne Plaza buildings in Bucharest.
The European Commission has approved a €4 billion French State aid scheme designed to support the decarbonization of the manufacturing sector.
PepsiCo announced the acquisition of its first electric truck, the Volvo FM Electric 4x2 model.
Restart Energy has completed two photovoltaic projects for Com Divers, with a total value of over €300,000.
Nestlé has pledged to decrease its greenhouse gas (GHG) emissions by 20% by 2025, halve them by 2030, and attain net zero by 2050.
The total added value generated by the Group and its collaborating franchisees reached €2.1 billion in 2023, marking a 30% increase from 2022.
The agreement was signed in Shanghai by Sanjeev Gupta, Executive Chairman of LIBERTY Steel Group, and Xiao Peng, Chairman of CISDI Engineering Co. Ltd.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.
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).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
