The company Sphera Franchise Group SA presents its sustainability plans and announces that it will implement energy-efficient lighting (LED lighting) in all its locations until 2024.
Stericycle is investing $1.6 million in the company's most modern medical waste processing facility in Oradea, Romania. The technology implemented in the new facility increases speed, efficiency and sustainability in the medical waste treatment process.
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.
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.
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.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
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.
