OMV Petrom, the leading integrated energy producer in Southeast Europe, will supply Cluj International Airport Avram Iancu with Sustainable Aviation Fuel (SAF) starting in 2025.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
OMV Petrom and TAROM announced the signing of a contract for the supply of sustainable aviation fuel (SAF), a first for Romanian aviation.
Wizz Air has reported that its average carbon emissions for 2023 reached 51.5 grams per passenger/kilometre, 6.8% less than in 2022.
OMV Petrom, a Romanian oil and gas producer, has signed the contract for the acquisition of 50% of the shares of the Romanian company "Respiră Verde" SRL, a company that collects used cooking oil.
Wizz Air has reduced its carbon emission intensity by another 11%. The airline has published its annual sustainability update, showing progress towards its sustainability goals.
Wizz Air has announced that it is investing £5 million in biofuels company Firefly, Wizz Air's first capital investment in sustainable aviation fuel research and development. Over 57 million tonnes of sewage sludge are produced in the UK each year, with the potential to produce 250,000 tonnes of sustainable SAF fuel.
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.
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.
