Industry

Alina Oprea   |   9 January, 2024 at 12:36 PM

Romcarbon to develop new recycling activity

Romcarbon Buzău, manufacturer of plastic packaging, announced that it signed a memorandum of understanding with Swancor Holding Co.Ltd for the development of a new recycling activity.

Alina Oprea   |   13 December, 2023 at 8:35 AM

UPS wants to become carbon neutral by 2050

UPS cares about sustainability and aims to become carbon neutral by 2050 globally, says Daniela Constantinescu, UPS Country Manager for Hungary, Greece, Romania, and Slovenia.

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

Real estate

Climate risks take centre stage in Polish real estate strategies

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.