Tag: Romania (722 articles)

Energy   |   4 April, 2023 at 12:45 PM

Electromontaj to build 60 MW wind farm in Ruginoasa

The Electromontaj Group announces the start of the partnership with DTEK Renewables International & Moldova Eolian, part of the DTEK energy and utilities group, owned by Rinat Akhmetov, the richest Ukrainian, for the implementation of the wind farm in Ruginoasa commune, Iasi county, worth €90 million, Iasi county. After winning the tender, Electromontaj signed the contract for the design and construction of the infrastructure for the largest wind farm in the Moldova region, with an installed power of 60 MW.

Energy   |   4 April, 2023 at 12:00 PM

Clean energy is the key to securing a bright future for the next generations

Romanian state-owned company Hidroelectrica is focused on the development of energy production projects exclusively from renewable sources, says Bogdan Badea, CEO of Hidroelectrica. He talked to Green Forum about its plans for this year regarding sustainability and the social responsibility projects that the company is involved in.

Energy   |   4 April, 2023 at 9:42 AM

Oradea to add PV park financed with European funds

The city of Oradea will have a photovoltaic park with over 15,000 panels. More than €16 million from European funds will be invested in this sustainable project. The photovoltaic park will be able to be managed remotely.

Mobility   |   3 April, 2023 at 10:36 AM

Bucharest City Hall buys 7 electric minibuses

Bucharest City Hall buys 7 electric minibusses for RON 10.25 million (€2 million). The purpose of the purchase is to ensure an accessible, efficient, and ecological public passenger transport service and to improve the conditions for the use of non-motorized modes of transport in the administrative area of the established partnership, to reduce CO2 equivalent emissions from transport.

Industry   |   31 March, 2023 at 12:30 PM

Fepra to invest €15 million to reduce environmental impact

Fepra will invest €15 million by 2030 to develop the circular economy in Romania, based on a complex sustainable development strategy developed in partnership with the European Bank for Reconstruction and Development (EBRD). The company's objectives are to further expand the range of services and products, broaden its areas of expertise and develop the new waste collection, recycling, as well as reuse capabilities.

Business   |   30 March, 2023 at 2:30 PM

Glovo launches the Impact Fund to support sustainability projects

Glovo launches the Impact Fund, an initiative to support sustainability projects. The company will allocate a small amount from each order to the new fund. Glovo estimates that this year up to €5 million will be allocated from the Impact Fund to support projects that aim to support local communities, actions against climate change, digitization of small local businesses, reducing the gender disparity in the field of technology, and development of educational programs for couriers.

Energy   |   29 March, 2023 at 6:14 PM

Symmetrica invests over €6 million in photovoltaic panels

The manufacturer of paving stones and curbs Symmetrica will invest, until the end of this year, more than €6 million in the development of photovoltaic panel parks in 8 of its factories. The company will thus ensure a large part of its own consumption. Photovoltaic parks will reduce CO2 emissions by approximately 270,000 kg per year.

Business   |   29 March, 2023 at 12:34 PM

Romanian companies perceive climate change as a threat to their business

Romanian businesses perceive climate change and access to finance as threats to their businesses, an EIB investment survey shows. 69% of the surveyed Romanian companies say that climate change has a negative impact. Also, a third of Romanian companies have invested in improving energy efficiency in the last year, close to the EU average of 40%.

Finance   |   28 March, 2023 at 6:00 PM

€1.1 billion in finance to be mobilised in sustainable projects

More than €1.1 billion in finance to be mobilised in sustainable projects, supported by €150 million in InvestEU guarantees. Under the InvestEU programme, the European Bank for Reconstruction and Development (EBRD) and European Commission work together to help various EU countries in reaching their full green potential. New investments to boost green and sustainable projects in the municipal, transport, and energy sectors. Funds to benefit Bulgaria, Croatia, Czechia, Estonia, Greece, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia

Industry   |   28 March, 2023 at 9:32 AM

Oncos Transilvania installs smart lighting, reducing energy consumption

E.ON Energie Romania and Oncos Transilvania have completed a smart lighting project of over €500,000. The classic lighting system in 45 company halls in Cluj and Sălaj counties was replaced. Energy consumption will be reduced by over 70%, and the carbon footprint will decrease by over 230 tons/year.

Energy   |   28 March, 2023 at 9:30 AM

Iași Airport to add solar panels

The Iasi airport will have a new passenger terminal at the end of 2023, its construction having started in the fall of 2022. It will have solar panels installed, in order to save on energy consumption. The works at the new terminal are carried out by Strabag.

Mobility   |   27 March, 2023 at 6:48 PM

ProCredit Bank launches a loan for Romanians who want to buy electric cars

ProCredit Bank launches the ProGreen Auto Credit for individuals who want to purchase a new fully electric or plug-in hybrid car. The bank has entered into a partnership with EVconnect, one of the main providers of charging solutions for electric cars; customers benefit from free electric charges for the first 1,000 kilometers traveled.

Energy   |   27 March, 2023 at 8:28 AM

Electrica buys company developing 27 MW photovoltaic project

Electrica bought the company Sunwind Energy, which develops the photovoltaic project "Satu Mare 2", with an installed capacity of 27 MW. The project is located near Botiz commune, Satu Mare county. Also, on February 6, 2023, Electrica announced the completion of the acquisition of the company Green Energy Consultancy & Investments, which develops the "Vulturu" photovoltaic project.

Energy   |   24 March, 2023 at 8:27 AM

CE Oltenia gets €89.8 million for expenses with GHG emission certificates

The Oltenia Energy Complex will receive a state aid of RON449 million (€89.8 million) for the year 2023, from the state budget, to finance expenses with greenhouse gas emission certificates. Until now, CE Oltenia has received state aid in the form of a grant of €776.4 million, also for the purchase of greenhouse gas emission certificates.

Energy   |   23 March, 2023 at 11:26 AM

Romania receives €103 million to build electricity storage facilities

The European Commission approves a scheme of Romania worth €103 million, within the Recovery and Resilience Mechanism, to support the construction of electricity storage facilities. The purpose of this measure is to support investments in electricity storage facilities, thus contributing to the EU's strategic objectives related to the green transition.

RECOMMENDED FROM THE HOME PAGE
Environment

HORNBACH Romania to launch reusable plant trays

HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.

Business

Holcim launches 28.45 MW solar park in Hungary

Holcim has inaugurated a new solar park adjacent to its cement plant in Királyegyháza, Hungary, marking a significant advancement in the company's sustainability initiatives.