Mayor Dominic Fritz is announcing that the Municipality has paid its environmental payment obligations for the 2016-2020 period. The City Hall of Timisoara paid last week the last installment of the obligations of RON5.6 million (€1.12 million) calculated by the Environmental Fund Administration (AFM), for the mentioned interval.
The GalicSud SRL company is building a photovoltaic park in Mehedinți County, Izvoru Bârzii commune, Halânga village, which will have over 27,000 photovoltaic panels and will cover an area of almost 200,000 sqm. The investment received a financing of €8 million from Libra Internet Bank.
The European Bank for Reconstruction and Development (EBRD) aims to foster a sustainable and inclusive mining sector in Greece with an equity investment of €56 million in Eldorado Gold Corporation. The strategic investment will support the development of the Skouries copper and gold mine in Greece, which is operated by Hellas Gold SA, Eldorado's wholly-owned subsidiary.
ProCredit Bank Romania has granted €2.9 million of financing to a company from the Solar Global group in the Czech Republic.
At Romanian private equity fund ROCA Investments, ESG considerations are gradually turning into a critical part of the investment and portfolio management processes, says CEO Rudolf Vizental
The EIB Global delegation led by Vice-President Lilyana Pavlova visited Pristina to discuss cooperation opportunities aiming to strengthen connectivity, energy security, and the private sector in Kosovo. EIB intends to contribute to the transition to a low-carbon economy by supporting the development of a 100 MW solar power plant in the Obiliq area, as well as strengthening connectivity by supporting sustainable transport infrastructure.
In 2022, BCR granted funding of approximately €2.5 million for the development of associations and social enterprises, supporting the creation of approximately 1,800 jobs. More than 67,000 children and adults learned to build a better relationship with money through financial education workshops organized by BCR volunteers and partner associations. More than 160 NGOs were supported to develop impact programs in local communities.
OTP Bank volunteers collected, at the end of last week, over 25 bags of waste from the Jiu River, in the Ișalnița Dam area. the 22 volunteers collected 300 kilograms of waste, representing objects such as pet bottles, bottles, canned food, etc. A new action to clean the banks and riverbeds of Jiu, the second of this year will take place in September.
OTP Leasing supports green mobility by financing the electric vehicle fleet of e-Mobility Rentals. This financing marks the beginning of a partnership that will support the purchase of 400 electric vehicles for the company's fleet by the end of 2024. e-Mobility Rentals green vehicles are currently used by companies in the food delivery industry and hypermarket chains.
Vienna Insurance Group considers sustainability as an important part of its strategic orientation. The insurer established the VIG Family Fund, a fund in which approximately €7 million were collected, which will support in the medium and long term the efforts to help the families of VIG employees in Ukraine who were affected by the war. The company shows that it supports social and ecological causes by investing in businesses such as solar and wind farms, in ecologically sustainable and affordable housing projects, or in eco-mobility.
One of UniCredit's priorities in Romania in 2022 is the implementation of the local ESG strategy, as the bank's report shows. Thus, the bank finances businesses in the area of green energy, renewable energy, and energy efficiency, and the green loan with mortgage intended for individuals continued to be one of the requested products.
Raiffeisen Bank enters the market with the second tranche of the sustainable bond issue, which amounts to approximately RON 490 million (€98 million), for which it must pay an interest rate of 8.29% per year.
More than €1.1 billion in finance to be mobilised in sustainable projects, supported by €150 million in InvestEU guarantees. Under the InvestEU programme, the European Bank for Reconstruction and Development (EBRD) and European Commission work together to help various EU countries in reaching their full green potential. New investments to boost green and sustainable projects in the municipal, transport, and energy sectors. Funds to benefit Bulgaria, Croatia, Czechia, Estonia, Greece, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, and Slovenia
Raiffeisen Bank returns with a new issue of sustainable bonds at the Bucharest Stock Exchange in the amount of over RON 369 million (€ 73.8 million). The bank is one of the most active issuers on the stock market in the implementation and promotion of green financing on the capital market.
Users of the financial application Revolut have donated over €11.8 million for refugees from Ukraine. €860,000 were donated by Romanian users to the NGOs that joined the Appeal (Romanian Red Cross, Hope and Homes for Children, Fundația Regală Margareta a României, Code for Romania).
The European Commission approves €259 million Romanian scheme under Recovery and Resilience Facility to support investments in batteries, photovoltaic cells and panels.
Some of the key components of the necessary framework to support sustainability and attract additional investment for companies are transparency, monitoring and reporting, says Ilinka Kajgana, Executive Vice President Risk, Member of the Executive Committee at BCR.
Enel launches a dual-tranche 1.5 billion euro “Sustainability-Linked Bond” in the Eurobond market, the world's first public issuance coupling EU taxonomy with United Nations sustainable development goals, also including full decarbonization targets.
BRD announced that the value of new sustainable financing transactions made in 2022 reached €215 million.
EIB and Czech fund Inven Capital have doubled up on their strategic partnership, with the EIB committing a further €50 million to fund innovative clean-tech and decarbonisation startups. The EIB invested the initial €50 million alongside Inven over the period 2017-2022.
Pehart Group, one of the largest tissue paper producers in Southeast Europe and the largest producer and processor of household paper products in Romania, is extending the syndicated loan obtained two years ago to €78 million.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Battery-electric vehicles (BEVs) accounted for 15.2% of the EU market share as of February 2025, marking a significant rise from 11.5% in the same period of 2024.
LG Energy Solution has been chosen as a key partner for a large-scale energy storage system (ESS) project led by Poland's state-owned utility, PGE.
The project for new renewable energy production capacities, submitted by the Hunedoara County Council and the Petrila City Hall, has been approved for funding by the Ministry of Energy.
InnoEnergy, a leading European investor in clean technologies, has unveiled a new growth strategy for 2025–2030, aiming to secure up to €160 billion in funding for the sector.
