Romania will need to increase this consumption at the expense of fossil fuels such as gas or wood to transition to a green economy.
CEC Bank has signed with the European Investment Fund (EIF) a new agreement, worth €105 million, to support SMEs and small companies with medium capitalization to increase their competitiveness and transition to a green, sustainable economy, within the PNRR - The compartment for Member State Romania.
Romania is among the most vulnerable countries in the region to the risks related to the transition to a green economy, in the context where investments in decarbonization are expected to put additional pressure on public finances. According to the global rating agency Fitch Ratings, the cost impact of the decarbonization transition on sovereign ratings in the region appears to be manageable.
The energy transition is a central priority for ENGIE, both worldwide and in Romania.
HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.
Holcim has inaugurated a new solar park adjacent to its cement plant in Királyegyháza, Hungary, marking a significant advancement in the company's sustainability initiatives.
ENGIE Romania has completed the acquisition of a 54 MW wind power project located in Mereni, Constanța County.
ENEVO Group has announced the successful completion and commissioning of its photovoltaic park in Teiuș.
