Tag: Romania (760 articles)

Energy   |   22 March, 2023 at 9:00 AM

Hidroelectrica to produce offshore wind farms and floating solar farms

Hidroelectrica signed a joint venture agreement with Masdar from the United Arab Emirates, for the construction of offshore wind farms and floating solar farms in Romania. Hidroelectrica is the largest producer of green energy in Romania, with a portfolio of 187 hydropower plants, with a hydropower capacity of 6.3 GW, plus the Crucea wind farm, with an installed capacity of 108 MW.

Real estate   |   21 March, 2023 at 2:17 PM

CPI Romania collects 10 tons of recycled paper

The tenants of IRIDE Park collected 10 tons of recycled paper and planted 30 trees within the park, as part of a campaign organized by CPI Romania. The company mentions that the ESG principles govern its entire activity, and this campaign is on the list of social responsibility projects of the company.

Real estate   |   21 March, 2023 at 8:45 AM

Real estate owners and developers' interest in sustainability increases

Green building certifications have become a must for landlords seeking competitive differentiators in today's challenging real estate market. Retail is the “greenest” sector, followed by industrial & logistics, and office, according to a Colliers report. In the coming years, landlords who fail to align with stakeholders' sustainability - demands will be affected, say the consultants.

Real estate   |   20 March, 2023 at 2:32 PM

Bucharest office building to add 260 photovoltaic panels

The Dageco Expoziției Estate office building has obtained funding for the installation of 260 photovoltaic panels on the roof. The investment amounts to RON 500,000 (€100.000), without VAT, and the financing is provided by the Electric-Up program.

Energy   |   20 March, 2023 at 11:46 AM

Delgaz Grid to set up green corridors along high-voltage overhead power lines

The distribution companies of the E.ON group set up 13,000 km of green corridors along the high-voltage overhead lines from the Black Sea to Sweden. In Romania, Delgaz Grid will develop approximately 1,200 ha along the route of 370 km of high-voltage power lines. Green corridors support healthy, sustainable ecosystems and biodiversity.

Energy   |   20 March, 2023 at 8:23 AM

Romania secures €1.4 billion for energy independence

The Ministry of Investments and European Projects launches the REPowerEU chapter in public consultation, which will bring Romania €1.4 billion for energy independence. The amount will be used for strategic investments in the key area of energy security, which will allow the creation of clean energy production and storage ecosystems (hydropower, photovoltaics). The set of proposed measures will have a positive impact in supporting the acceleration of Europe's clean energy transition.

Mobility   |   17 March, 2023 at 10:49 AM

Interest in electric and hybrid cars is growing

Interest in electric and hybrid cars is growing, supported by lower fuel costs. Most consumers prefer to charge their car at home, according to a Deloitte study. On the other hand, range concerns, charge time, and lack of charging infrastructure remain the main reasons why consumers are reluctant to electric vehicles.

Industry   |   17 March, 2023 at 8:25 AM

Holcim Romania launches cement with 30% less CO2 emissions

Holcim Romania adopts an integrated decarbonization model and launches ECOPlanet PLUS, coated additive cement, with 30% fewer CO2 emissions. 7% of global CO2 emissions are generated by the cement industry. In more than 25 years of activity in Romania, Holcim has already reduced its net CO2 emissions by more than 25% and increased its energy efficiency by 25%.

Industry   |   16 March, 2023 at 3:17 PM

Battery industry for e-mobility requires substantial investment

For Romania, the production of batteries is a strategic imperative for the transition to clean energy, for modernization, and increase in the competitiveness of the industry, says the Minister of Economy, Florin Spataru. He states that the battery industry for electro-mobility represents a field that requires substantial investment both for production and for research.

Industry   |   16 March, 2023 at 1:32 PM

Romsilva to plant 20 million forest saplings

The National Directorate of Forests - Romsilva to plant about 20 million forest saplings and regenerate 9,643 hectares of forest land, the public property of the state, during the spring afforestation campaign. The investment measure from the National Recovery and Resilience Plan (PNRR) - Investments in new areas occupied by forests, including urban forests and reforestation - has a budget of €730 million.

Mobility   |   16 March, 2023 at 8:25 AM

Romania to get €16 million for mobility projects

Romania to get €16 million from the European Commission for mobility projects. 26 projects from 12 member states are selected to benefit from subsidies worth €188.8 million to finance the construction of charging points and refueling stations hydrogen.

Energy   |   15 March, 2023 at 3:10 PM

More than 3,000 MW solar energy projects to be installed in Romania

More than 3,000 MW of solar energy projects are to be installed in Romania in the next two years, thanks to European funds. The government is preparing green funding from the Modernisation Fund: over €1.5 billion for companies and local authorities. Romania is among the top 10 countries in alternative energy consumption.

Mobility   |   15 March, 2023 at 9:54 AM

Romania's air quality to be monitored with drones

Starting this year, the National Environmental Guard will be equipped with 46 drones equipped with sensors and equipment for inspection and control. They will provide information in a timely manner from various events with an impact on the environment and will become an essential tool in the daily activity of environmental commissioners, says Minister Tánczos Barna.

Industry   |   14 March, 2023 at 4:03 PM

Profi Romania refines its strategy to meet all ESG aspects

Recovery and capitalization of waste stand out as a priority in Profi's strategy for environmental protection, says Gabriela Sirbu, Sustainability Director at Profi. She talked to Green Forum about Profi Romania's ESG strategy, the goals for this year and the investments in the community.

Industry   |   14 March, 2023 at 8:59 AM

Arctic launches foundation to promote education for sustainability

Arctic launches the Arctic Foundation to strengthen sustainability education among Romanians. According to a study published by the company, 4 out of 5 Romanians declare themselves willing to do more activities for sustainability, provided they have more knowledge in this regard.

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Sustainability moves from ambition to action
Real estate

Sustainability moves from ambition to action

Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.

Finance

ProCredit Bank Romania launches CO2 calculator for SMEs

ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.

Energy

DSV boosts energy self-sufficiency with solar power

DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.

Energy

Etem Gestamp signs cross-border wind power deal with Rezolv

Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.