Tag: Romania (762 articles)

Industry   |   10 July, 2023 at 1:19 AM

How have FMCG and retail companies ditched single-use plastics?

Since the EU has banned single-use plastics across member countries, European FMCG and retail companies have been busy finding alternative solutions for their product portfolios and consumer offerings. We take a look at innovations in this area from Romanian and global companies.

Finance   |   5 July, 2023 at 10:00 AM

OTP Bank Romania enhances commitment to sustainable financing

The banking sector in Romania has made notable progress in aligning its practices to evolving ESG standards and regulations aimed to support the EU's ambitious decarbonization targets, says Gyula Fatér, CEO of OTP Bank Romania. He talked to Green Forum about the role that ESG currently plays in the decision-making process at OTP Bank Romania.

Energy   |   4 July, 2023 at 1:00 AM

Brick store in Constanta invests €200,000 in PV panels

DIY company Brick Romania started a project last year to implement green energy solutions for its work units. The Brick store in Constanța benefited from an investment of RON1 million (€200,000) in photovoltaic panels, which provide approximately 35% of the energy requirement.

Industry   |   4 July, 2023 at 12:30 AM

iHunt launches sale of PV panels

iHunt Technology Import Export, a manufacturer of mobile phones and gadgets, has launched a new product from the green energy range, a photovoltaic panel. It was made in collaboration with the Luxen company, a manufacturer of lighting sources.

Industry   |   3 July, 2023 at 5:00 PM

ROCA Industry to reduce carbon emissions by 20% by 2030

ROCA Industry, the first Romanian holding company of construction materials companies, part of the ROCA Investments portfolio, announces the launch of the first Sustainability Report, anticipating the European Directive applicable starting from the financial year 2024, regarding corporate sustainability reporting (CSRD).

Energy   |   2 July, 2023 at 12:00 PM

Green energy producer Hidroelectrica to go public

Hidroelectrica, an energy producer owned by the Romanian state, is preparing for listing on the Bucharest Stock Exchange (BVB). Fondul Proprietatea, the minority shareholder, is selling 17% of the holding (almost 20%), i.e. 78 million shares.

Environment   |   30 June, 2023 at 10:30 AM

Romania recycles only 30% of plastic used

By 2060, global rivers, seas, and oceans could be polluted with 44 million tonnes of plastic, double the current level, estimates a recent report by The Organization for Economic Cooperation and Development (OECD). Plastic is among the packaging most often used by Romanians, but its recycling rate in Romania is only 30.05%, according to the data analyzed by Clean Recycle.

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Energy

Solar module makers show first financial stability in over a year

The newly published Edition 2 2026 of the PV Module Manufacturer Ranking Report shows the first signs of stabilisation in the solar manufacturing sector's balance sheets after more than a year of steady deterioration. The table tracks the Altman Z-Score, a widely used measure of bankruptcy risk, for 64 publicly listed photovoltaic module manufacturers, and has now been refreshed with first-quarter 2026 data.

Energy

Romanian floating solar pioneer partners with university

The Faculty of Hydrotechnics from the Technical University of Civil Engineering Bucharest and Waldevar Floating PV have signed a strategic partnership to accelerate innovation in renewable energy and prepare the next generation of specialists in floating photovoltaic technologies.

Energy

Rezolv Energy launches Bulgaria's St. George solar park

Rezolv Energy has commissioned the St. George solar park in Silistra, Bulgaria, marking the company's first project to become operational. The 225 MW facility reached full operational status in under three years from acquisition of development rights.