The company is working to advance its sustainability commitments in the four focus areas of sustainable innovation, climate, biodiversity, and inclusion, diversity and equity.
The European Commission has introduced a series of updated recommendations and guidance documents to refine and expedite permitting procedures and auctions for renewables.
The European Union countries have given final approval to a law aimed at reducing carbon dioxide emissions from trucks.
Helios & Wind Energy has received approval to construct 31 wind turbines with a total capacity of 186 MW/hour in Romania.
Over the next five years, OMV Petrom plans to provide approximately 800 GWh of renewable energy to all Saint-Gobain facilities in Romania.
The Western Balkans Investment Framework (WBIF) announced that it is granting Albania €2.6 million to develop a 12.9 MW floating solar photovoltaic power plant.
The Energy Performance of Buildings Directive has come into effect, marking a significant step in the EU's energy strategy.
L'Oréal Group has received global recognition for its DEI&I (Diversity, Equity, Inclusion, and Integrity), ethical, and sustainability practices.
1 million liters of used oil have been collected to date, preventing improper disposal and environmental pollution.
Lidl Romania organized its tenth national food collection event to support disadvantaged communities during the Easter holidays.
Kinstellar advised BIG Mega Renewable Energy on securing a €92 million financing deal with EBRD and OTP Bank for the construction and operation of the Urleasca wind farm in Romania.
The Italian group Alerion announced the completion of two new photovoltaic plants in Romania, where it has also begun production.
Last year marked a significant milestone as renewable energy surpassed 30% of the world's electricity generation for the first time.
EBRD provided a €10 million loan for the acquisition of cutting-edge trams, aligning with Sarajevo's vision for a greener public transit system.
Premier Energy Group disclosed that the country's financial oversight authority, ASF, has greenlit the prospectus for its upcoming initial public offering (IPO).
The European Bank for Reconstruction and Development (EBRD) is extending a loan exceeding €46 million as part of a broader financing package totaling €93 million.
The European Commission initiated a third call for proposals totaling €90 million under the European Urban Initiative.
Lidl Romania organized the tenth national food collection drive to support disadvantaged communities during the Easter holidays.
Addressing climate change is a fundamental aspect of our long-term growth strategy and our commitment to achieving net-zero emissions across all our operations by 2050.
The European Union will require widespread adoption of electric vehicles across its member states to meet ambitious CO2 emission reduction targets.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
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.
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.
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.
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.
