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.
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiești on green transport projects as part of a Europe-wide push to make urban life healthier for people and the environment.
Mercedes-Benz Vans CEE is joining forces with energy solutions provider E.ON to transform the electric vehicle (EV) landscape across Romania, the Czech Republic, Slovakia, and Hungary.
EIB will lend €300 million to the Czech Republic's national railway operator, České dráhy, to buy new train carriages and locomotives as well as upgrade existing ones.
Europe needs to spend €39 billion in public money every year to maintain the continent's competitiveness and ensure that green transport tech is made in Europe.
The European Commission has launched the Climate City Capital Hub, a finance resource to support cities participating in the EU Mission on Climate-Neutral and Smart Cities.
North America has signifincatly outplaced Europe in attracting investments in electric vehicle (EV) production battery production and charging infrastructure.
Kaufland Romania has launched a project through which Kaufland Card owners with electric cars have the possibility to charge their vehicles at one of the charging stations.
Eldrive Holding plans to invest approximately €146 million in the installation of 4,376 new charging stations for electric cars in Romania, 2,575 in Lithuania, and 1,530 in Bulgaria.
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.
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.