Looking ahead to 2030, Ursus aims for carbon neutrality, reduced emissions, sustainable sourcing, and increased diversity within its leadership.
The company plans to open a center for the production of smart metering solutions in the second quarter of this year.
Datacor Green Energy has built 13 photovoltaic plants for Aquabis, with a total investment of €3.0 million.
The effects of climate change and increased transparency in supply chains, diversity, equity or inclusion have led to changing customer and employee demands, investor caution.
H.Essers announced the construction of its first CO2-neutral warehouse spanning 10,000 mp at high Seveso standards for Agricover Distribution in Romania.
Romanian businesses operating following national waste recycling legislation can receive up to €8.4 million to build a recycling plant.
The company estimates that the project will be fully completed within six months.
This initiative aims to enhance accessibility to top-tier logistics infrastructure in both nations while contributing to Europe's transition towards sustainability.
EBRD has approved a €6 million loan for KAM, a leading food retailer in North Macedonia.
Douglas' sustainability strategy is part of the company's "Let it Bloom - DOUGLAS 2026" strategy, focused on accelerating growth through an omnichannel business model.
The Corporate Sustainability Reporting Directive (CSRD), officially known as Directive (EU) 2022/2464, has been incorporated into Romanian legislation.
Pipe manufacturer Artrom Steel Tubes will invest more than €6 million in 2024 to optimize measures to reduce carbon emissions and fuel consumption.
The companies can submit their project proposals until 12 March 2024.
Grunman Energy, the company in the field of renewable energy production controlled by the Pavăl brothers, owners of Dedeman, has received a capital infusion from the parent company.
In Rătești commune, Argeș County, the largest photovoltaic park in South-Eastern Europe was inaugurated and will be connected in the next period.
Companies in Romania can reduce costs related to environmental obligations by 50%, but many have a harder time complying with the legislation, according to Green Environment Support.
Depanero, a service company from Romania, is expanding its range of services in the area of electric mobility and green energy.
The market for installing photovoltaic panels on residential buildings has a potential of over €800 million, according to an E-Accumulatori.ro analysis.
Pehart Group, the leading producer of household paper products in Romania and one of the largest tissue paper producers in South-East Europe, is investing this year more than €20 million in the energy efficiency of the production lines of its two factories in Petrești-Sebeș and Dej.
In the face of mounting environmental challenges, the FMCG sector is using innovation to reduce ecological impact and cultivate consumer trust. In this article, we explore key innovations for FMCG led by entrepreneurs in Central and Eastern Europe, such as alternative packaging materials and low-carbon protein alternatives.
BRD – Groupe Société Générale granted sustainable financing of RON1.1 billion (€220 million) last year. BRD launched 2022 its first green lending products for individuals. Also, the BRD Group reduced its energy consumption by 12.5% compared to the previous year and the greenhouse gas emissions resulting from operations.
We report from Romania ESG Forum 2023, an international business conference organized by Green Forum & Property Forum in Bucharest earlier this month.
The Sustainability Academy was launched, the first social and educational platform dedicated to SMEs in Romania, with free access. The Sustainability Academy is a Sustainable Futures brand project initiated by Social Innovation Solutions together with the Coca-Cola Foundation, founding partner, and BCR, main partner. The Sustainability Academy aims to help SMEs willing to adopt sustainability strategies and aims to increase the number of sustainable businesses in Romania.
BCR gas entered the international market with the first issue of green Eurobonds, worth €700 million. The funds will be directed toward renewable energy projects, green mortgages, and green buildings.
Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
Turkish energy company Yeşilyurt Enerji has acquired a 41 MW solar project in Dâmbovița County, Romania.
Iberdrola has launched a €750 million green bond aligned with the new European Union Green Bond Standard (EU GBS) as well as the Green Bond Principles of the International Capital Market Association.
The “Da Vinci New Project” solar park in Nanov, Teleorman County, has been completed with funding from Romania's National Recovery and Resilience Plan.
Polenergia, the largest private energy group in Poland, has begun the technological commissioning of its Szprotawa photovoltaic farm—its most ambitious solar project to date.
