Industry | 31 July, 2024 at 6:00 PM
Nokian Tyres signs €150 Million Loan with EIB for sustainable tire production
Nokian Tyres has signed a €150 million loan agreement with the European Investment Bank (EIB).
Nokian Tyres has signed a €150 million loan agreement with the European Investment Bank (EIB).
EIB will provide a €250 million loan to the Belgian developer Warehouses De Pauw (WDP), which constructs and leases logistics spaces across Europe.
Keppel MET Renewables has completed the acquisition of 100% of the shares in two photovoltaic projects in the Italian regions of Piedmont and Lombardy.
The report urgently calls for an institutional response to ensure an equitable transition and proposes metrics to increase transparency on equity implications.
UniCredit Bank has been declared by the British magazine as the Best Bank in Romania for Companies and ESG.
OMV Petrom is implementing measures to reduce its GHG emissions footprint by transitioning from non-renewable energy sources to renewable energy sources.
The European Commission has selected 134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF).
RetuRO is opening its fifth counting and sorting center in Nicolae Bălcescu, Bacău County.
Amazon achieved a milestone in 2023 by matching all electricity consumed by its operations, including data centers, with 100% renewable energy.
Real estate developer Speedwell launches its 2023 Sustainability Report.
Kaufland Romania will focus on expanding the range of sustainable products, collecting and packaging recycling, reducing food waste, and strengthening internal and external communication on sustainability.
ROCA Industry has published its second Sustainability Report, made by the GRI Standards.
Apa Nova, the water supply and sewerage service provider for Bucharest, has published its 2023 sustainability report.
GreenWEEE inaugurates the third WEEE recycling plant in Buzău and a recycling line for electric motors, a national first.
Raiffeisen Bank Romania publishes its Sustainability Report, presenting information about the company's non-financial performance and its economic, social, and environmental impact.
Rompetrol Rafinare has upgraded the Hydrogen Power Plant (HPP) at the Petromidia refinery with an investment of nearly €9.1 million.
PepsiCo achieved several goals ahead of schedule, introduced new targets, and made significant strides in others, although challenges remain, particularly in packaging initiatives.
This partnership involves virtual Power Purchase Agreements (vPPAs) for clean power generated by Rezolv's impressive Vifor wind farm in Romania.
Henkel announced that the company aims to reduce carbon dioxide emissions from its business by 100 million metric tons between 2016 and 2025.
The refinery currently supplies around 30% of Romania's fuel needs and will continue to play a key role in the transport sector.
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.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
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.
