Latest news

Tuesday, 14 March, 2023

09:10

Chemical substances top the list of health hazards for non-food products

Chemical substances top the annual list of health hazards for non-food products, according to the European Commission. For the second consecutive year, toys and cars top the list of most notified product categories. Last year, cosmetic products had a significantly higher number of alerts related to the presence of recently banned chemical substances in perfumes and creams.

08:59

Arctic launches foundation to promote education for sustainability

Arctic launches the Arctic Foundation to strengthen sustainability education among Romanians. According to a study published by the company, 4 out of 5 Romanians declare themselves willing to do more activities for sustainability, provided they have more knowledge in this regard.

Sunday, 12 March, 2023

20:40

Romania has 74 non-food products inscribed with the European ecological label

Romania has 74 non-food products inscribed with the European ecological label, according to the National Environmental Protection Agency. The European Ecolabel is a voluntary system designed to encourage companies to market goods and services that are environmentally friendly.

14:47

EU invests €116 million in nature, environment and climate Strategic Projects

EU to invest over €116 million in nature, environment, and climate Strategic Projects so that in Belgium, Estonia, Spain, Italy, Poland, Slovakia, and Finland reach their climate and environmental targets. These eight major projects in seven Member States will help Europe become the world's first climate-neutral continent by 2050 and will enable entire countries and regions to successfully reduce emissions, restore nature, and ensure sustainable use of resources.

12:20

Aerostar Bacău invests €3 million in photovoltaic park

The company Aerostar Bacău invests €3 million from its own sources in the implementation of a photovoltaic park. The photovoltaic park consists of over 7,000 panels, located on the roof of the buildings owned by Aerostar.

09:31

EU agrees on stronger rules to boost energy efficiency

The European Parliament and the European Council reached a new agreement on reforming and consolidating the EU Directive on energy efficiency. The agreement sets an EU energy efficiency target of 11.7% for 2030 and requires EU member states to collectively ensure a further reduction in final and primary energy consumption.

Friday, 10 March, 2023

14:48

Romania allocates €400 million for Photovoltaic Green House Program

This year's Environmental Fund Administration (AFM) has a budget of over RON13.3 billion (€2.66 billion). The Casa Verde Photovoltaic program has a budget of RON2 billion (€400 million), double that of the previous session. Also, a budget of over RON1.5 billion (€300 million) is allocated for the three Rabla programs, through which the Ministry of the Environment aims to eliminate over 200,000 old cars this year.

10:27

R.Power to develop portfolio of 1 GWp photovoltaic projects in Romania

The Polish company R.Power Group is developing a project portfolio of over 1 GWp in Romania. The company plans to expand its share of this market in the coming months and sign more contracts for photovoltaic projects. It is estimated that the construction of the first projects will begin next year.

Thursday, 9 March, 2023

20:11

Iulius signs partnership with IFC to reach target of net-zero emissions

Real estate developer Iulius has entered into a partnership with IFC, a member of the World Bank Group, to develop a strategy to decarbonize the company's entire portfolio and reach the target of net-zero emissions.

14:44

€159 million for the development of water and wastewater infrastructure in Iasi

€159 million to be invested in the development of water and wastewater infrastructure in Iasi. The amount is financed by the EU Cohesion Policy funds within the 2014-2020 programming period. The effort is part of a vaster plan to improve water and wastewater infrastructure across Romania and in Iași County, it is complementary to the project completed in the 2007-2013 program period.

12:07

Town in Buzau County receives €10,000 fine for pollution

The Smeeni town hall in Buzău county was fined RON50,000 (€10,000) by the commissioners of the Environmental Guard, due to the randomly thrown waste. The same situation had been found at the last inspection, the remedial measures not having been carried out.

08:46

Rombat invests in green energy storage

The Rombat company from Bistrita discussed with the Prime Minister of Romania, Nicolae Ciuca, the investment plans and intends to develop the production capacity of batteries based on Lithium-Ion technology. The company's plans include storage media for green energy. The company annually recycles 24,000 tons of used batteries.

Wednesday, 8 March, 2023

17:31

€6.7 billion investment gap to meet Europe's plastics recycling targets

A new study finds an estimated investment gap of €6.7-8.6 billion must be closed to achieve Europe's pledged goal of placing on the EU market each year 10 million tonnes (Mt) of plastic recyclates in final products by 2025. Plastic packaging is the biggest contributor to the plastic waste problem and 25 companies are responsible for half of the world's plastic production.

14:36

Europe is looking for the magic solution to decarbonise

Europe is looking for the magic solution for decarbonization, simultaneously with ensuring energy security, although the year started with a strong feeling of optimism for the energy sector at the global level, says Radu Puiu, Financial Analyst at the brokerage house on international exchanges XTB Romania. Amid recent negative factors, many countries have had to resort to fossil fuels and delay the transition to green energy.

12:11

Turkish company to build Cluj-Napoca's first metro line

An association of companies from Turkey is the winner of the tender for the realization of Metro Line 1, which will cost €1.8 billion. One of the construction companies executed metro works in Dubai, but also in Poland and Sweden. The metro line is 21.03 km long, with 19 underground stations and 1 above-ground depot.

08:28

Cluj-Napoca City Hall buys 18 Solaris Urbino electric buses

The mayor of Cluj-Napoca, Emil Boc, announced that the municipality is buying 18 electric buses, based on a contract worth €16 million. The auction has already been completed and the delivery period is 12 months.

Tuesday, 7 March, 2023

17:24

700 companies from Romania recycle 30,000 tons of waste

In the last three months of last year, over 29,000 tons of carbon dioxide emissions were reduced in Romania, through the packaging recycling activity generated by approximately 700 companies, according to Clean Recycle data. In 2021, Romania recorded a quantity of 79 million tons of carbon emissions from all industries, increasing by 5 million tons compared to 2020.

15:41

Global carbon dioxide emissions hit new highs

Global energy-related carbon dioxide emissions hit a record high last year, even as more clean technologies such as solar power and electric vehicles helped limit the impact of increased coal and oil consumption, according to the International Energy Agency (IEA). Scientists warn that energy users around the world must dramatically reduce emissions to slow the ill effects of global warming.

11:06

Autonom orders 200 electric cars worth €10 million

Autonom orders 200 electric cars worth €10 million and is speeding up the fleet electrification process. Last fall, Autonom received €15 million in financing from the European Investment Bank for the expansion of the fleet of electric and hybrid cars.

08:42

AE SOLAR to produce solar panels in Romania

AE SOLAR is to produce solar panels in Romania, through an investment of €1 billion in a factory, informs the Romanian Government. This would be one of the largest investments announced in recent years in Romania. In the final phase, the project will have a capacity that will reach 10 GW.

08:40

Hydrogen and battery technologies are important for a sustainable mobility market

Alstom's objective is to reduce the energy consumption of its solutions by 25% by 2025, compared to 2014.

Monday, 6 March, 2023

13:20

Enel donates photovoltaic panels to Ukraine

Italian group Enel has donated 5,700 solar photovoltaic panels to Ukraine with a total capacity of approximately 2 MW. The donated photovoltaic solar panels will cover up to 11,400 sqm of roofs of public buildings in Ukraine. They will be delivered by summer.

09:08

Tarom to achieve zero greenhouse gas emmissions by 2050

Tarom allocates resources to achieve an ambitious goal of zero greenhouse gas emissions by 2050. The company mentions that it understands that climate change is real and requires immediate action.

Friday, 3 March, 2023

15:50

EDP to invest €21 billion in renewable energy

The EDP Group will invest €25 billion by 2026, of which €21 billion are focused on new renewable sources. EDP makes its repeated commitment to stop using coal by 2025, and to generate 100% from renewable sources by 2030.

10:28

Romania to develop projects using geothermal energy

The Romanian Minister of Energy, Virgil Popescu, says that in the near future, we need to increase the sources of renewable energy production, and geothermal energy is a new source that he will carefully study and develop. The minister also said that we must invest in all energy sources with low carbon emissions.

07:37

Prebet Aiud to build a photovoltaic park

Prebet Aiud will build some production halls, for which it signed a contract of over €1 million. A photovoltaic park will be developed above these halls, considering that the company wants to become energy independent.

Thursday, 2 March, 2023

16:36

OMV Petrom allocates €3 million for planting saplings

OMV Petrom continues the "Romania plants for tomorrow" project and announces that is supporting this year's plantings with €3 million. Over 330,000 saplings will be planted in mini-urban forests in 20 cities, including Bucharest, Constanța, Giurgiu and Craiova. "Romania plants for tomorrow" is the largest planting initiative financed by private funds in Romania.

15:02

Bolt takes safety measures and educates users of electric scooters

Bolt is committed to safety and education of e-scooter users, as well as maintaining close cooperation with the authorities. The Bolt Commitment is comprised of nine major themes essential to safe e-scooter travel.

12:53

Town in Braila County fined for illegally stored household waste

Tichilesti City Hall in Brăila County was fined RON 20,000 (€ 4,000) by the Environmental Guard, after the commissioners discovered household waste illegally stored on an area of over 1,500 sqm. Also, a van transporting waste resulting from the dismantling of end-of-life vehicles was fined RON 15,000 (€ 3,000).

09:00

Aquila wants to reduce greenhouse gas emissions by 10%

Aquila has set itself the target of reducing greenhouse gas emissions by 10% by 2026. The company also applies systems to improve the electricity consumption of warehouses.

Wednesday, 1 March, 2023

17:50

Romania adopts new rules for sustainable development and reducing seismic risk

The Romanian Government approved today, at the proposal of the Ministry of Development, Public Works and Administration, new regulations for sustainable development and to reduce the seismic risk of buildings.

16:22

Romania to be part of a joint Commission on environmental impact assessment

The Romanian Government approved an agreement for the implementation of the provisions of the Espoo Convention. A joint Commission on environmental impact assessment in a cross-border context will be established, consisting of four members for each party.

12:12

Hidroelectrica to publish its first sustainability report

Hidroelectrica, a producer of renewable energy, wants to publish its first sustainability report. Last year, the state-owned company had a net profit of RON 4 billion (€800 million).

08:51

Bucharest metro operator Metrorex buys renewable energy

The subway transport company from Bucharest, Metrorex, has launched a tender for the purchase of electricity for one year in the electronic public procurement system. It is advantageous who offers more energy from renewable sources.

Tuesday, 28 February, 2023

14:46

Raiffeisen Bank returns with a sustainable bond issue

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.

11:35

Romania to have over 3,000 km of cycling routes

The Minister of Development, Cseke Attila, announced that cycling routes to be built in Romania in 14 counties of Romania. The cycling routes are aimed at encouraging sustainable and environmentally friendly tourism, as well as increasing the accessibility of tourist areas.

09:54

Tuborg installs solar panels on distribution centre in Pantelimon

Tuborg Romania invested €525,000 in a system of solar panels with a capacity of 396 KWp that it mounted on the roof of the distribution centre in Pantelimon. The energy will be used for own consumption.

Monday, 27 February, 2023

17:09

Green energy is ”the star of investments" in the energy sector in Romania

After about 10 years, green energy is once again the star of investments in the energy sector in Romania, says the state secretary of the Ministry of Energy, George Niculescu.

13:12

Olimpia Parking uses ABB technology for charging electric vehicles

Olimpia Parking is the first parking in Romania that implemented ABB's latest building automation and EV charging technology.

12:44

ESG has become very important to capital market investors

Zuzanna Kurek, Investor Relations Manager and ESG Committee Member of One United Properties, spoke to Green Forum Forum about the ESG agenda of the Romanian developer and its role in growing the value of the company.

CONFERENCES

CEE PROPERTY FORUM & AWARDS GALA 2024 - VIENNA, AUSTRIA

POLAND ESG FORUM 2024

Romania ESG Forum 2024

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