Tag: Romania (754 articles)

Industry   |   9 March, 2023 at 12:07 PM

Town in Buzau County receives €10,000 fine for pollution

The Smeeni town hall in Buzău county was fined RON50,000 (€10,000) by the commissioners of the Environmental Guard, due to the randomly thrown waste. The same situation had been found at the last inspection, the remedial measures not having been carried out.

Energy   |   9 March, 2023 at 8:46 AM

Rombat invests in green energy storage

The Rombat company from Bistrita discussed with the Prime Minister of Romania, Nicolae Ciuca, the investment plans and intends to develop the production capacity of batteries based on Lithium-Ion technology. The company's plans include storage media for green energy. The company annually recycles 24,000 tons of used batteries.

Industry   |   8 March, 2023 at 2:36 PM

Europe is looking for the magic solution to decarbonise

Europe is looking for the magic solution for decarbonization, simultaneously with ensuring energy security, although the year started with a strong feeling of optimism for the energy sector at the global level, says Radu Puiu, Financial Analyst at the brokerage house on international exchanges XTB Romania. Amid recent negative factors, many countries have had to resort to fossil fuels and delay the transition to green energy.

Mobility   |   8 March, 2023 at 12:11 PM

Turkish company to build Cluj-Napoca's first metro line

An association of companies from Turkey is the winner of the tender for the realization of Metro Line 1, which will cost €1.8 billion. One of the construction companies executed metro works in Dubai, but also in Poland and Sweden. The metro line is 21.03 km long, with 19 underground stations and 1 above-ground depot.

Industry   |   7 March, 2023 at 5:24 PM

700 companies from Romania recycle 30,000 tons of waste

In the last three months of last year, over 29,000 tons of carbon dioxide emissions were reduced in Romania, through the packaging recycling activity generated by approximately 700 companies, according to Clean Recycle data. In 2021, Romania recorded a quantity of 79 million tons of carbon emissions from all industries, increasing by 5 million tons compared to 2020.

Mobility   |   7 March, 2023 at 11:06 AM

Autonom orders 200 electric cars worth €10 million

Autonom orders 200 electric cars worth €10 million and is speeding up the fleet electrification process. Last fall, Autonom received €15 million in financing from the European Investment Bank for the expansion of the fleet of electric and hybrid cars.

Energy   |   7 March, 2023 at 8:42 AM

AE SOLAR to produce solar panels in Romania

AE SOLAR is to produce solar panels in Romania, through an investment of €1 billion in a factory, informs the Romanian Government. This would be one of the largest investments announced in recent years in Romania. In the final phase, the project will have a capacity that will reach 10 GW.

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).

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Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

Energy

Dentons advises OX2 on 235 MW Romanian wind acquisition

Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.