Antibiotice Iaşi Company, the largest Romanian producer of generic drugs, will build a 2.5 MW photovoltaic plant. The company announced that it obtained from the Ministry of Investments and European Projects financing of RON4.08 million (€816,000) in this regard.
The Bosch Group focuses on sustainability in all areas of activity. The group has invested €83 million in Romania in 2022, mainly in the development of production units in the Electro-mobility Solutions business sector in Cluj and Blaj, as well as in the field of research and development, within the Bosch Engineering Center in Cluj, says Mihai Boldijar, general manager of Robert Bosch and representative of the Bosch Group in Romania.
Eurowind Energy is investing €50 million in the construction of a new solar PV park in Teiuș, Alba County. The PV Park will generate approximately 102.05 GWh annually after becoming operational in 2024, with the capacity to power 30,050 households each year.
By 2050, more than 200 million tons of solar panels will be out of use, according to RESPO DEEE Association data. Solar panels provide green energy and reduce carbon emissions worldwide, but their limited lifespan of up to 25 years is a serious environmental problem.
The Bucharest Transport Company (STB) is launching a tender for the purchase, through operational leasing, of 70 eight-meter electric buses. STB, the main public transport company in Bucharest and Ilfov county, has published an announcement in this regard on the Electronic Public Procurement System. The estimated total value of the contract is €50.48 million.
Transilvania Construcții plans to invest more than €10 million in the generation of green energy across all projects within its portfolio over the next five years. The first project that will produce green energy is TRC Park Cluj, where the estimated investment amounts to almost €1 million.
Egger Romania decided to expand the wood recycling activity, which started in 2012, by opening two new waste collection centers (Timberpak), in Brașov and Arad, respectively. Between 2012 and 2022, Egger Romania integrated recycled wood into production in a quantity equivalent to 34,000 trucks of wood waste. In 2022, the company exceeded 21% share of recycled wood in particleboard production (PAL), with a target of 25% for 2025.
DSV Road, the third largest freight transport company in Romania, has appointed Mihai Teodorescu, the Country's General Manager of Road, as Sustainability Ambassador, aiming at the development of the Green Transport division. By the end of the year, the company estimates a doubling of the demand for green transport solutions in Romania compared to 2022.
ProCredit Bank has launched the ProGreen credit for photovoltaic panels intended for individuals. They can get the ProGreen credit for Photovoltaic Panels with no down payment and no fees. The credit is intended for those who want to make the transition to a renewable energy source, while also benefiting from reduced costs on their energy bills.
ETEX Building Performance (Siniat Romania) is abandoning plastic packaging for gypsum plasterboards manufactured in Turceni.
ProCredit Bank Romania has granted €2.9 million of financing to a company from the Solar Global group in the Czech Republic.
EnergoBit and Huawei Romania signed a Memorandum of Understanding (MoU) for global cooperation for photovoltaic and energy storage projects, within the New International Expo Center 2023, which took place these days in Shanghai. Based on the Memorandum of Understanding, the companies will develop the photovoltaic industry in Romania by strengthening technological innovation, improving the user experience, and developing new use cases.
The introduction of the electronic signature will help save around 1,200,000 sheets of paper in 2023, which means 120 trees saved. CreditAmanet, a Romanian company specializing in short-term lending services and currency exchange, details three good practices that transform the business into a sustainable one.
The schools in Vrancea will be equipped with photovoltaic panels. The Minister of Investments and European Projects, Marcel Boloș, and the President of the Vrancea County Council, Cătălin Toma, signed the contract worth a total of €1.2 million for the production of green energy in the county. The contract will finance the project "Investments in electricity production capacities for own consumption at the level of Vrancea County". The project is financed by the Large Infrastructure Operational Program 2014-2020.
Autonom, an integrated provider of mobility and financing services, has launched a solution dedicated to electric cars to address concerns associated with the adoption of electric vehicles, such as long-distance car autonomy, charging, maintenance costs, technological advancement, and resale value risk. Number three in the market of operational leasing and car rental companies ordered at the beginning of the year, with the help of an EIB loan of €32 million, 200 Tesla electric cars (Model 3 and Model Y).
ENGIE Romania launches a complete management solution for electric car charging stations. ENGIE Romania, in partnership with Etrel, a Landis+Gyr company, is launching a management solution for electric charging stations, available to individuals, companies, and public charging stations.
DTEK Renewables International, part of the DTEK group founded in 2005 by billionaire Rinat Akhmetov, acquires a greenfield project from the Romanian company Finas Invest SRL, which is based in Cluj-Napoca and operates on the renewable energy market. The acquisition of the photovoltaic plant with an installed capacity of 49.38 MW, located in the village of Glodeni, Mureş county, was announced by the law firm Wolf Theiss, which consulted DTEK Renewables.
TAROM aims for a new record for the most efficient medium-courier flight, part of the "SkyTeam Sustainable Flight Challenge" competition. The TAROM company participates, for the second consecutive year, in the sustainable flight challenge organized by the SkyTeam alliance. The sustainable TAROM Bucharest-Madrid-Otopeni route, operated with a Boeing 737-800 aircraft, meant a fuel economy of approximately 800 kg. Essentially, the fuel economy results in a significant reduction in CO2 emissions of over 2.5 tonnes.
Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that the Schneider Electric Sustainability School is open for enrolment. Free to access, the digital platform provides a range of interactive courses aimed at equipping companies and professionals with the knowledge and skills needed to improve their sustainability performance.
At Romanian private equity fund ROCA Investments, ESG considerations are gradually turning into a critical part of the investment and portfolio management processes, says CEO Rudolf Vizental
European companies are facing widespread challenges as they attempt to comply with the EU's new sustainability reporting standards, according to recent findings from the European Financial Reporting Advisory Group (EFRAG).
Improving energy efficiency in buildings plays a key role in building a sustainable future. It leads to lower costs, a healthier indoor environment, and a smaller environmental footprint. According to România Eficientă, efficient energy use is not about sacrificing comfort but about eliminating waste.
The European Ombudsman has formally questioned the European Commission's handling of recent proposals aimed at scaling back corporate sustainability requirements, raising concerns over transparency and procedural compliance.
Hidroelectrica has selected Waldevar Energy to implement the Nufărul Project, a pioneering renewable energy initiative set to become the largest floating photovoltaic (FPV) system installed on a hydroelectric dam in Europe.
Met Group has inaugurated Hungary's largest standalone battery energy storage system (BESS), a 40 MW / 80 MWh facility located at the Dunamenti Power Station in Százhalombatta.
