Mobility

Alina Oprea   |   8 November, 2023 at 10:40 AM

OMV to install 28 EV chargers in Hungary

OMV will start building a network of 28 ultra-fast electric car charging stations on the country's high-traffic routes by the end of the year.

Alina Oprea   |   24 October, 2023 at 10:19 AM

EU electric car battery recycling sector needs €9 billion of investment

The electric car battery recycling sector in the European Union (EU) will require €9 billion investment to expand capacity by 2035 to keep pace with increased production, according to the “EU recycling market” report by strategy&, PwC's global strategy practice.

Alina Oprea   |   11 October, 2023 at 10:15 AM

Bulgaria reports over 50% growth in sale of electric vehicles

12,000 electric cars have been registered in Bulgaria to date, which represents over 50% growth compared to 7,800 registered in 2022, announced Boryana Koleva, chief expert in the "National Transport Policy" Directorate of the Ministry of Transport and Communications.

Alina Oprea   |   20 September, 2023 at 6:10 PM

Market share of electric cars exceeds 20% in Europe

The share of electric cars in the European car market exceeded, for the first time, the 20% threshold in August, according to the figures published by The European Automobile Manufacturers' Association (ACEA).

Alina Oprea   |   19 September, 2023 at 9:20 AM

Lithuania tests first hydrogen bus

A pilot hydrogen-powered bus has been tested in the past week through the streets of Kaunas and Vilnius, in Lithuania, according to ceenergynews.com.

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Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

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.

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.