Romanian company to help eliminate waste from Earth's orbit
AROBS Engineering represents Romania in the ClearSpace-1 consortium for a pioneering mission to remove debris from Earth's orbit.
AROBS Engineering represents Romania in the ClearSpace-1 consortium for a pioneering mission to remove debris from Earth's orbit.
The Portuguese real estate investment company Sonae Sierra has set out to achieve carbon neutrality by 2040 and announces that it will expand ESG criteria in shopping center contracts.
Sales of battery electric vehicles (BEVs) in the key European markets rose by 28% in 2022 from the previous year while global BEV sales grew by 70% year-on-year in 2022. It is estimated that electric vehicles beat internal combustion vehicles in terms of total cost of ownership, even at current electricity prices, according to PwC.
EU economy greenhouse gas emissions totalled 854 million tonnes CO2-eq in the third quarter of 2022. Among the EU countries with increased emissions in the third quarter of 2022 were Ireland (+17%), Estonia and Malta (both +8%).
Green Environment Support, one of the biggest players in the Romanian market of environmental consultancy services, reports RON 2.5 million (€500,000) worth of business in 2022, with an 18% increase as compared to 2021.
OMV Petrom announces that it supports HOSPICE Casa Speranței with over € 7 million this year. The sponsorship will cover the palliative care activities of HOSPICE Casa Speranței, for the benefit of around 5,000 patients.
ALD, a subsidiary of Societe Generale, takes a $400 million loan from IFC to expand its fleet of ”green” vehicles with the potential to reduce carbon emissions by up to 22,180 tons per year by 2026 in emerging markets, including in Romania.
The Timisoara North railway station has officially entered into repairs and modernization. CFR will invest RON 21.03 million (€ 4.2 million) excluding VAT, in facade and roof works. All electrical installations will be replaced, cooling installations and photovoltaic panels will be installed.
Users of the financial application Revolut have donated over €11.8 million for refugees from Ukraine. €860,000 were donated by Romanian users to the NGOs that joined the Appeal (Romanian Red Cross, Hope and Homes for Children, Fundația Regală Margareta a României, Code for Romania).
Retailer Auchan contributed to the recycling of 14,000 tons of waste at the store level in Romania in 2021. Also, through the collection of used cooking oil, initiated in October 2019, more than 220,000 liters of oil were collected until the end of 2021.
The Braşov County Council has established the locations for the investments of the Integral Waste Management System (SMID) project in Braşov County. For this project, the county public administration provided RON 9.09 million in this year's budget (€ 1.8 million). Brasov remained among the last counties in the country that do not have a functional SMID integrated waste management system.
The largest photovoltaic park in Europe is being built in Arad, Romania. The investment amounts to €800 million and will start this summer, in the Pilu - Grăniceri area. The land on which the photovoltaic park will be built has an area of 1,064 hectares.
ELI Parks, a network of class A logistics and industrial parks, is expanding with a new logistics project in Oradea, which will include two buildings, with a total area of 30,000 square meters. The project will be equipped with photovoltaic panels, having an installed power of 3MW/h.
A cycling route that starts from the Apuseni Mountains will connect the Romanian counties of Bihor, Alba and Cluj via bike paths. In this way, 227 kilometers of bicycle paths will be arranged. The estimated total value of the project is €18.7 million, financed by European funds.
The Sibiu County Council will invest RON 84 million without VAT (€16.8 million) in an integrated waste management system in the cities of Avrig, Agnita, Sibiu, Mediaș and Cisnădie. The works must be ready by December 15, 2023.
The registrations of ecological cars in Romania increased by 61.2% in January, compared to the similar period in 2022. They now have a market share of 22% of the total, according to the Automobile Manufacturers and Importers Association (APIA).
Romania will have a law on biomass and a law on renewable energies that can be produced on the Black Sea. The projects are being worked on in the Romanian Senate, which is looking for the best legislation in this regard.
The Romanian Government approved the 2023 revenue and expenditure budget of the "Romanian Waters" National Administration, a budget increased by more than 23% compared to last year for carrying out investments in water management and for carrying out flood protection works.
Genesis Property, a company that owns, develops and operates of class A office buildings in Romania, announces that is committed to achieving zero carbon emissions for the buildings in its portfolio by 2030.
The European Commission approves €259 million Romanian scheme under Recovery and Resilience Facility to support investments in batteries, photovoltaic cells and panels.
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.