Industry

Alina Oprea   |   23 February, 2023 at 10:30 AM

Green Environment Support reports €500,000 turnover

Green Environment Support, one of the biggest players in the Romanian market of environmental consultancy services, reports RON 2.5 million (€500,000) worth of business in 2022, with an 18% increase as compared to 2021.

Alina Oprea   |   23 February, 2023 at 8:56 AM

Wizz Air signs agreement with Neste for sustainable fuel

The low-cost airline Wizz Air has signed a Memorandum of Understanding with Neste for the supply of sustainable aviation fuel (SAF) from 2025. Wizz Air is characterized as the most environmentally sustainable globally.

Alina Oprea   |   21 February, 2023 at 8:41 AM

Auchan publishes 2021 Sustainability Report

Retailer Auchan contributed to the recycling of 14,000 tons of waste at the store level in Romania in 2021. Also, through the collection of used cooking oil, initiated in October 2019, more than 220,000 liters of oil were collected until the end of 2021.

Alina Oprea   |   20 February, 2023 at 12:45 PM

Brasov County to have a comprehensive waste management system

The Braşov County Council has established the locations for the investments of the Integral Waste Management System (SMID) project in Braşov County. For this project, the county public administration provided RON 9.09 million in this year's budget (€ 1.8 million). Brasov remained among the last counties in the country that do not have a functional SMID integrated waste management system.

Alina Oprea   |   16 February, 2023 at 2:12 PM

Romania increases investments in water management

The Romanian Government approved the 2023 revenue and expenditure budget of the "Romanian Waters" National Administration, a budget increased by more than 23% compared to last year for carrying out investments in water management and for carrying out flood protection works.

Alina Oprea   |   15 February, 2023 at 3:46 PM

CTP organises blood drive in Bucharest

The employees and partners of CTPark Bucharest West, as well as all those who live in the neighboring communities, donated blood in the medical office of the industrial park.

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Business

Cost remains main driver and biggest barrier in sustainability

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.

Energy

Turkish investors pour millions into Romanian green energy

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.

Environment

Nearly 772 million liters of water are lost annually due to leakages

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.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

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.