The agreement was signed in Shanghai by Sanjeev Gupta, Executive Chairman of LIBERTY Steel Group, and Xiao Peng, Chairman of CISDI Engineering Co. Ltd.
Their goal was to complete the interior finishes on four houses, which will soon be handed over to families in need in the village of Moara Noua, Prahova County.
Over 500 companies from across the country are expected to attend the ESG Journey event series from May to November 2024, organized by Social Innovation Solutions in partnership with UniCredit Bank Romania.
Visual Fan Company announced that it has signed a contract with Constanta Shipyard to install a 3.2 MWp photovoltaic plant.
EBRD has allocated a €15 million loan to Photon Energy NV (Photon), a prominent regional producer of renewable energy, to bolster its operations in Romania and Poland.
The company is working to advance its sustainability commitments in the four focus areas of sustainable innovation, climate, biodiversity, and inclusion, diversity and equity.
Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.
L'Oréal Group has received global recognition for its DEI&I (Diversity, Equity, Inclusion, and Integrity), ethical, and sustainability practices.
Kinstellar advised BIG Mega Renewable Energy on securing a €92 million financing deal with EBRD and OTP Bank for the construction and operation of the Urleasca wind farm in Romania.
The Italian group Alerion announced the completion of two new photovoltaic plants in Romania, where it has also begun production.
Premier Energy Group disclosed that the country's financial oversight authority, ASF, has greenlit the prospectus for its upcoming initial public offering (IPO).
Lidl Romania organized the tenth national food collection drive to support disadvantaged communities during the Easter holidays.
Addressing climate change is a fundamental aspect of our long-term growth strategy and our commitment to achieving net-zero emissions across all our operations by 2050.
Speakers of the panel on best practices at Romania ESG Forum 2024 opened a discussion revolving around ESG investing and decarbonization strategies.
ABB inaugurated a new factory in Belgium, investing €20 million in its construction, situated in Evergem, near Ghent.
RWE has secured funding for its Eemshydrogen initiative aimed at constructing a 50-megawatt electrolysis facility to produce green hydrogen.
To reduce its environmental footprint, Indotek Group will install a 5000-square-meter solar panel system, generating 1 MW on the roof of Plaza M.
Eurostar has committed to power its trains entirely with renewable energy by 2030.
The European Commission and EU consumer authorities have reached out to 20 airlines regarding potentially misleading green claims.
Over 15,000 residences in Romania have been certified as "Green Homes" or have obtained precertification (still in the construction phase) between 2014 and 2024.
OMV Petrom has released its Sustainability Report for 2023, showcasing notable advancements in economic, environmental, and social realms.
For the green transformation of the Romanian economy, it is of critical importance to have a true alignment of the private and public sectors.
The European Parliament has given its final approval to new regulations requiring companies to address their negative impacts on human rights and the environment.
Restart Energy has finalized the installation of a photovoltaic power generation system for Romtextil S.A., valued at over €500,000.
51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.
Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
