Business | 1 May, 2024 at 9:00 AM
EU Commission takes action against 20 airlines for greenwashing
The European Commission and EU consumer authorities have reached out to 20 airlines regarding potentially misleading green claims.
The European Commission and EU consumer authorities have reached out to 20 airlines regarding potentially misleading green claims.
For the green transformation of the Romanian economy, it is of critical importance to have a true alignment of the private and public sectors.
The European Parliament has given its final approval to new regulations requiring companies to address their negative impacts on human rights and the environment.
PepsiCo announced the implementation of its latest eco-friendly initiative: the integration of photovoltaic panels across three key sites in Romania.
The European Parliament adopted new measures to make packaging more sustainable and to reduce the quantity of packaging waste in the EU.
Romania has significant potential for renewable energy, with regions like Dobrogea attracting investments in wind energy projects due to high-intensity winds.
As the global imperative for sustainable business practices continues to intensify, companies worldwide are facing the challenge of adapting to this evolving landscape.
The European Council officially ratified a revised directive aimed at improving the energy performance of buildings.
The Mol Group has inaugurated in Százhalombatta (Hungary) the largest green hydrogen factory in Central and Eastern Europe, with a capacity of 10 megawatts.
Kaufland's operational achievements in sustainability in 2023 are recognized for the fourth consecutive year.
Daimler Truck & Bus Romania continues for the fourth consecutive year the endeavor to reforest a disadvantaged area, this time in the commune of Sinești, Ialomita county.
Greenpeace accused IKEA of being involved in the destruction of ancient forests in Romania for furniture production.
This marks a significant step in the group's dedication to Environmental, Social, and Governance (ESG) principles.
While circularity has surged into the mainstream, earning the status of a "megatrend," data paints a contrasting picture.
The two companies installed a 1,409 KW solar system at Shopping City Piatra Neamţ and a 450 KW solar system at Selgros Craiova last year.
The majority of raw materials entering economies are still derived from virgin sources.
ProCredit Bank Romania announced the granting of a total financing of €3.4 million to the group of companies 3D Steel Design & Construct and Hansarom Management & Consulting.
Romania will be one of the largest beneficiaries of the Social Climate Fund, which will create a significant opportunity to reduce the energy poverty rate nationally.
The Prime Minister's Chancellery announced the start of a national tour of regional conferences within the Circulario accelerator.
The initiative aims to promote separate waste collection through an innovative and creative approach, exploring the various types of Romanians who recycle.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
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.
