Tag: industry (4 articles)

Regulation | 26 April, 2023 at 8:58 AM

EU approves new deep reforms of the carbon market

EU countries on Tuesday gave the final approval to the biggest revamp to date of Europe's carbon market, which is set to make it more costly to pollute and sharpen the 27-member bloc's main tool for cutting carbon dioxide emissions. The world's first major carbon trading system has since 2005 forced power plants and factories to buy permits when they emit CO2 and has cut emissions from those sectors by 43%.

Industry | 23 February, 2023 at 8:56 AM

Wizz Air signs agreement with Neste for sustainable fuel

The low-cost airline Wizz Air has signed a Memorandum of Understanding with Neste for the supply of sustainable aviation fuel (SAF) from 2025. Wizz Air is characterized as the most environmentally sustainable globally.

Industry | 10 February, 2023 at 7:11 AM

Is Hungary really the only country where polluting battery factories are built?

China's CATL is building a factory in the eastern Hungarian city of Debrecen to produce batteries for electric cars, in a plant that will be one of the largest in its category in Europe.

Business | 25 January, 2023 at 8:14 AM

Hungary's Mol buys hundreds of petrol stations in Poland

The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 million.

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13 Jun

EDP inaugurates Albina solar plant in Romania

13 Jun

Auchan Romania introduces mixed packaging return system

12 Jun

EU launches €1 billion ocean pact

12 Jun

Romanian entrepreneur Cristian Barbu bets on energy storage

11 Jun

Poland's first offshore wind auction set for December 2025

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Energy

Poland's first offshore wind auction set for December 2025

Poland has announced that its first offshore wind auction will take place in December 2025, aiming to award contracts for up to 4 GW of new capacity. I

Energy

EDP inaugurates Albina solar plant in Romania

EDP, through EDP Renewables, a global leader in the development of renewable energy, has inaugurated the Albina photovoltaic power plant – an important step for the company.

Environment

Auchan Romania introduces mixed packaging return system

Auchan Romania is expanding its options for collecting beverage containers made of PET, aluminum, and glass marked with the DRS (Deposit Return System) symbol by introducing an innovative system uniquely capable of accepting all three types of packaging in bulk, without requiring prior separation by the consumer.

Environment

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.

Business