Tag: The European Commission (92 articles)

Environment   |   12 June, 2025 at 3:37 PM

EU launches €1 billion ocean pact

The European Commission has adopted a new European Ocean Pact, a bold initiative aimed at protecting marine ecosystems while fostering a sustainable blue economy and supporting the well-being of coastal communities.

Industry   |   21 April, 2025 at 6:21 PM

EC approves €400 million for Spanish hydrogen scheme

The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.

Industry   |   11 April, 2025 at 2:00 PM

EU funds Belgium's green transition

The European Commission has endorsed a positive preliminary assessment of Belgium's second payment request for €909 million under the Recovery and Resilience Facility.

Industry   |   4 April, 2025 at 6:09 PM

EU backs €3.26 billion for France

The European Commission published a positive preliminary assessment of France's request for a €3.26 billion disbursement under the NextGenerationEU programme.

Industry   |   25 March, 2025 at 9:30 PM

EC backs 47 projects to boost raw material supply

The European Commission has adopted, for the first time, a list of 47 Strategic Projects to boost domestic strategic raw material capacities, which will in turn strengthen the European raw materials value chain and diversify sources of supply.

Finance   |   10 March, 2025 at 8:04 PM

EU approves €436 million aid for hydrogen in Austria and Lithuania

The European Commission has approved, under EU State aid rules, a €400 million Austrian State aid scheme, and a €36 million Lithuanian State aid scheme, to support the production of renewable hydrogen through the European Hydrogen Bank's “Auctions-as-a-Service” tool for the auction closing in 2025.

Mobility   |   27 February, 2025 at 8:30 PM

EU reviews automotive competition rules

The European Commission has launched a public consultation inviting all interested parties to express their views on the functioning of the competition rules applicable to vertical agreements in the automotive sector.

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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.