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.
BCR together with Erste Group arranged senior credit facilities for Enery Power Holding to acquire an 81 MW renewables portfolio.
The employees and partners of CTPark Bucharest West, as well as all those who live in the neighboring communities, donated blood in the medical office of the industrial park.
Some of the key components of the necessary framework to support sustainability and attract additional investment for companies are transparency, monitoring and reporting, says Ilinka Kajgana, Executive Vice President Risk, Member of the Executive Committee at BCR.
The first inter-regional electric frame of the 37 to be produced by Alstom for Romania will arrive at the Railway Testing Center in Faurei in July 2023.
Brașov City Hall has obtained new funding through the National Recovery and Resilience Plan (PNRR) for the purchase of electric buses.
The city of Timisoara in Romania will install 100 islands for the selective collection of waste and build a parking lot with 184 spaces, on which photovoltaic panels will be installed.
The Romanian company OMV Petrom, controlled by the OMV Group from Austria, plans to install photovoltaic panels in half of the gas station network by 2025.
Retailer Lidl has opened a logistics warehouse in Romania with 2,650 solar panels, equipped with an electric charging station.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
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.
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.
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.
