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.
Bucharest's short-term rental industry is expected to outperform the previous year's level and has already recorded estimated revenues close to €24 million in H1 2024, according to a Crosspoint Real Estate report.
Rezolv Energy announced the signing of the connection contract for the future 600 MW Danube East and West wind farm in Constanta.
ABB E-mobility supplied Constanta with its latest fast charging technology, powering the city's electric buses and accelerating its transition to emission-free mobility. Constanta installed five 300 kW HVC-PD (Heavy Vehicle Charger Pantograph Down) and twenty 50 kW Terra 54 HV fast charging stations to power its BYD electric bus fleet. All charging stations installed in Constanta are Cloud connected through ABB Ability™, facilitating remote software upgrades.
The city of Constanta wants to "charge" its electric buses from the sun. The CT Bus SA company is consulting the market for the creation of a photovoltaic park that will increase the energy independence of the company. It would be used to power electric buses.
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.
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.
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.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
