Tag: The European Bank for Reconstruction and Development (18 articles)

Industry   |   10 June, 2025 at 6:48 PM

EBRD Launches InvestEU in Bulgaria

The European Bank for Reconstruction and Development (EBRD) officially launched its InvestEU programme in Bulgaria today, marking a major step forward in the country's transition to a green and sustainable economy.

Mobility   |   2 June, 2025 at 2:42 PM

EBRD to fund Ignitis EV charging expansion

The European Bank for Reconstruction and Development (EBRD) will support the growth of electric vehicle (EV) infrastructure in the Baltic region with a €60 million loan to Ignitis Group, a leading energy company in the Baltics.

Energy   |   16 May, 2025 at 7:56 PM

EBRD invests €50 million in EEEC green bond

EBRD will support Bulgaria's green transition by investing €50 million in the €500 million senior secured bond issuance by the country's Eastern European Electric Company B.V. (EEEC).

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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.