More than 130,000 saplings will be planted this spring in the Dobroneagu area, announced the Conservation Carpathia Foundation. The ecological restoration of Mount Doboneagu began in 2022, with 350,000 saplings planted here. For the first time, in addition to the traditional planting of saplings, in Dobroneagu, direct sowing with jir seeds will be tested, and drones will be used in hard-to-reach areas.
Kaufland Romania is planting a new forest, equal to the number of employees, in Scorteni (Prahova County). The K-shaped planted forest, inspired by the company's logo, comprises 16,000 saplings of 6 different tree species and covers an area of 4 hectares. Once mature, the Kaufland Forest will also be a recreational forest, where the company and its partners will carry out cultural, social, and environmental activities, thus becoming a space open to the community.
OMV Petrom continues the "Romania plants for tomorrow" project and announces that is supporting this year's plantings with €3 million. Over 330,000 saplings will be planted in mini-urban forests in 20 cities, including Bucharest, Constanța, Giurgiu and Craiova. "Romania plants for tomorrow" is the largest planting initiative financed by private funds in Romania.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.
