OMV Petrom, the largest integrated energy producer in Southeastern Europe, will test a new carbon capture and utilization technology at the Petrobrazi refinery, starting in June.
OMV Petrom and Energy Policy Group (EPG) announced the completion of structural reinforcement, expansion, and energy efficiency enhancements at the Zig-Zag Kindergarten in Ovidiu.
Romania has significant potential for renewable energy, with regions like Dobrogea attracting investments in wind energy projects due to high-intensity winds.
Premier Energy Group announced its intention to launch an initial public offering of ordinary shares on the Bucharest Stock Exchange.
EBRD provided backing for the expansion endeavors of Feka Automotive, a Serbian company specializing in automotive lighting.
Kaufland Romania announced its participation in the 10th edition of the National Food Collection, an initiative organized by the Federation of Food Banks in Romania (FBAR).
Lidl Romania organized its tenth food collection in partnership with the Food Banks Network to support disadvantaged communities in Romania.
The project "Hoceni - Dimitrie Cantemir Wind Farm” received environmental clearance this week from the Vaslui Environmental Protection Agency.
As the global imperative for sustainable business practices continues to intensify, companies worldwide are facing the challenge of adapting to this evolving landscape.
CMS provided counsel to PPC on a groundbreaking collaboration pact with Mytilineos Energy & Metals, marking a significant stride in the development of a solar portfolio.
Greenvolt Group has made its debut in the Romanian market within the Distributed Generation segment.
Kaufland's operational achievements in sustainability in 2023 are recognized for the fourth consecutive year.
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.
Romania has the capacity and all the resources to transition rapidly to renewable energy and become a 100% green country.
The initiative aims to promote separate waste collection through an innovative and creative approach, exploring the various types of Romanians who recycle.
Mercedes-Benz has revealed its intention to initiate testing of an 11-megawatt-hour system at its Rastatt car factory in Germany, commencing in 2025.
TotalEnergies announced its Sustainability & Climate – 2024 Progress Report, in line with the pledge made by the Board of Directors in 2020.
R.Power secured a portfolio of over 200 MWp in Romania, along with grid connection permits, and an additional 1 GWp in the developmental pipeline.
Looking ahead to 2030, Ursus aims for carbon neutrality, reduced emissions, sustainable sourcing, and increased diversity within its leadership.
The company plans to open a center for the production of smart metering solutions in the second quarter of this year.
Datacor Green Energy has built 13 photovoltaic plants for Aquabis, with a total investment of €3.0 million.
The effects of climate change and increased transparency in supply chains, diversity, equity or inclusion have led to changing customer and employee demands, investor caution.
H.Essers announced the construction of its first CO2-neutral warehouse spanning 10,000 mp at high Seveso standards for Agricover Distribution in Romania.
The European Union has reached a provisional agreement to reduce the scope and stringency of two major ESG regulatory frameworks: Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD).
Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.
Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.
Global law firm Dentons has advised OX2 on acquiring three wind power projects totaling 235 MW in Romania from Future Power. The projects, located in Vaslui and Vrancea counties, are expected to be commissioned between 2028 and 2030, subject to permitting.
Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.
