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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Cost remains main driver and biggest barrier in sustainability
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.