Tag: Romania (746 articles)

Energy   |   3 March, 2023 at 3:50 PM

EDP to invest €21 billion in renewable energy

The EDP Group will invest €25 billion by 2026, of which €21 billion are focused on new renewable sources. EDP makes its repeated commitment to stop using coal by 2025, and to generate 100% from renewable sources by 2030.

Energy   |   3 March, 2023 at 10:28 AM

Romania to develop projects using geothermal energy

The Romanian Minister of Energy, Virgil Popescu, says that in the near future, we need to increase the sources of renewable energy production, and geothermal energy is a new source that he will carefully study and develop. The minister also said that we must invest in all energy sources with low carbon emissions.

Energy   |   3 March, 2023 at 7:37 AM

Prebet Aiud to build a photovoltaic park

Prebet Aiud will build some production halls, for which it signed a contract of over €1 million. A photovoltaic park will be developed above these halls, considering that the company wants to become energy independent.

Industry   |   2 March, 2023 at 4:36 PM

OMV Petrom allocates €3 million for planting saplings

OMV Petrom continues the "Romania plants for tomorrow" project and announces that is supporting this year's plantings with €3 million. Over 330,000 saplings will be planted in mini-urban forests in 20 cities, including Bucharest, Constanța, Giurgiu and Craiova. "Romania plants for tomorrow" is the largest planting initiative financed by private funds in Romania.

Regulation   |   2 March, 2023 at 12:53 PM

Town in Braila County fined for illegally stored household waste

Tichilesti City Hall in Brăila County was fined RON 20,000 (€ 4,000) by the Environmental Guard, after the commissioners discovered household waste illegally stored on an area of over 1,500 sqm. Also, a van transporting waste resulting from the dismantling of end-of-life vehicles was fined RON 15,000 (€ 3,000).

Mobility   |   1 March, 2023 at 8:51 AM

Bucharest metro operator Metrorex buys renewable energy

The subway transport company from Bucharest, Metrorex, has launched a tender for the purchase of electricity for one year in the electronic public procurement system. It is advantageous who offers more energy from renewable sources.

Mobility   |   28 February, 2023 at 11:35 AM

Romania to have over 3,000 km of cycling routes

The Minister of Development, Cseke Attila, announced that cycling routes to be built in Romania in 14 counties of Romania. The cycling routes are aimed at encouraging sustainable and environmentally friendly tourism, as well as increasing the accessibility of tourist areas.

Regulation   |   27 February, 2023 at 9:19 AM

Brasov City Hall blocks reauthorization of lime factory due to pollution

Braşov City Hall has blocked the activity of the Stejeris lime factory, which was operating in a residential area of the municipality because there are numerous petitions regarding the pollution in the area. This is the third company forced to relocate its activity, following the actions of the City Hall.

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Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

Real estate

Climate risks take centre stage in Polish real estate strategies

Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.