Romania and Turkey have signed their first bilateral memorandum of cooperation in the energy sector, marking a significant step toward enhanced collaboration in both traditional and renewable energy fields.
PPC has begun the second phase of construction on its flagship 490 MW solar power plant in Megalopoli, part of a broader strategy to repurpose former lignite mining sites into renewable energy hubs.
EIB Group has signed a €93 million synthetic securitization agreement with Cetelem, the Spanish brand of BNP Paribas Personal Finance, to support green investments aimed at improving residential energy efficiency.
Dentons, a global law firm, has played a pivotal role in the Romanian renewable energy sector by advising Sousol Holdings Ltd. on the successful sale of a 54 MW wind power project to Engie Romania.
The Futureal Group has announced the transitioning of its entire Hungarian real estate portfolio to green energy, as part of a move aligned with the Paris Agreement and EU's 2050 net-zero carbon emission target.
Hungarian energy company MVM has signed an agreement with a consortium led by Turkey's Çalık Holding and Italy's Ansaldo Energia to develop a 1,000 MW combined cycle gas turbine (CCGT) power plant at the Tiszaújváros site in northeastern Hungary.
OMV announced the successful start-up of its 10 megawatts green hydrogen production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
Nestlé Romania is aligning and adapting global initiatives at the local level, actively contributing to the achievement of the company's ambitious objectives.
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.
This spring, Holcim Romania, in partnership with the “Plantăm fapte bune în România” initiative (EcoAssist Association), planted 40,000 acacia saplings on 8 hectares of degraded land in the village of Deveselu.
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.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Hidroelectrica has signed a contract for the purchase of its first Li-ion battery energy storage system, which will be deployed at the Crucea Nord Wind Farm.
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.
Poland has moved up 49 places in the Climate Risk Index 2025, underscoring the increasing impact of climate change on the real estate sector. Heatwaves, heavy rainfall, droughts and floods are becoming a regular challenge for property owners and investors, according to Cushman & Wakefield.