Autonom orders 200 electric cars worth €10 million

Alina Oprea

7 March, 2023 at 11:06 AM

Autonom Services SA informs that it is accelerating the fleet electrification process by acquiring 200 electric cars. The total value of the cars is approx. €10 million and the funds used for this acquisition come from the European Investment Bank as part of the transition to a zero-emissions fleet.

Last autumn, Autonom received €15 million in financing from the European Investment Bank for the expansion of the fleet of electric and hybrid cars and acquired and integrated Ţiriac Operating Lease (Premium Leasing SRL), the operational leasing division of the Ţiriac Group.

Autonom Services, a mobility network controlled by brothers Marius and Dan Ştefan, with bonds on the Bucharest Stock Exchange, reported a net profit of RON61.5 million (€12.3 million) for last year, up 173.4% compared to the result in 2021, respectively RON22.5 million (€4.5 million).

The group's operating revenues totalled RON646.26 million (€129.25 million), up 64% year-on-year.

Autonom bonds are listed on the local stock exchange under the symbols AUT24E and AUT26E.

EBRD supports Autonom's sustainability-linked bond issuance

The European Bank for Reconstruction and Development (EBRD) will invest €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.

Mobility

Eldrive to install over 4,000 new charging stations for electric cars in Romania

Eldrive Holding plans to invest approximately €146 million in the installation of 4,376 new charging stations for electric cars in Romania, 2,575 in Lithuania, and 1,530 in Bulgaria.

Mobility

10 recharging stations for electric cars to be installed at Cluj Arena

At Cluj Arena, 10 recharging stations are to be installed, 20 recharging points and several 20 parking spaces will be created.

Energy

OMV Petrom signs largest acquisition of green projects in Romania

OMV Petrom will acquire a 50% stake in Electrocentrale Borzesti from RNV Infrastructure.

Mobility

Eldrive Romania installs 16 stations for charging electric cars in Bucharest

Eldrive Romania and Unirea Shopping Center have announced that they are installing 16 stations - up to 150 kW - for charging electric cars in the center of Bucharest.

Mobility

Investor enthusiasm in EV companies is fading

Investors' enthusiasm for EV companies is fading, says eToro's analyst for Romania, Bogdan Maioreanu.

Mobility

EVconnect installs 20 fast charging stations in gas stations

EVconnect, the network of charging stations for electric vehicles and a partner of EVBox, has installed another 20 fast charging stations in gas stations in the west of Romania.

LATEST NEWS

31 Oct

Tenants are consolidating into fewer, better office buildings

20 Oct

Cost remains main driver and biggest barrier in sustainability

15 Oct

Nepi Rockcastle opens its first solar park in Romania

10 Oct

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

23 Sep

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

CONFERENCES

CEE PROPERTY FORUM & AWARDS GALA 2024 - VIENNA, AUSTRIA

POLAND ESG FORUM 2024

Romania ESG Forum 2024

RECOMMENDED FROM THE HOME PAGE

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.

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.

Energy

EU struggles to agree on climate targets, set to miss UN deadline

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.

Energy

Solar overtakes gas as Hungary's second-largest electricity source

Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.

POPULAR

Mobility

5 months ago

EVs and hybrids gain ground in EU