Tag: Fitch Ratings (1 articles)

Industry   |   24 April, 2023 at 9:01 AM

Romania and Bulgaria are highly vulnerable to decarbonisation transition risks

Romania is among the most vulnerable countries in the region to the risks related to the transition to a green economy, in the context where investments in decarbonization are expected to put additional pressure on public finances. According to the global rating agency Fitch Ratings, the cost impact of the decarbonization transition on sovereign ratings in the region appears to be manageable.

RECOMMENDED FROM THE HOME PAGE
Energy

EDP inaugurates Albina solar plant in Romania

EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.

Environment

Auchan Romania introduces mixed packaging return system

Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.

Environment

EU launches €1 billion ocean pact

The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.