Banca Transilvania financed the company STC Partners with €10 million for the expansion of the Quartier Azuga residential complex in Bucharest's Tei area by more than 100 homes.
Romanian developer Genesis Property said that it is supplying all its office and student accommodation projects in Bucharest from renewable sources, following an investment in a photovoltaic system.
The Commission will scrutinize whether certain economic entities gained an unfair advantage in securing public contracts within the EU.
Environmental, social, and governance (ESG) principles are no longer mere trends or buzzwords; they are rapidly becoming the norm in the Romanian real estate market, according to a Colliers report.
VDPResearch and Drees & Sommer introduced a set of criteria that real estate properties need to fulfill to be considered part of the top 15% EU Taxonomy.
EBRD backed energy efficiency initiatives in residential areas of Vilnius, Lithuania, by investing in Šiaulių Bank's energy efficiency fund.
As global decarbonization influences ESG priorities, sustainable development strategies undergo significant shifts worldwide in 2024.
EBRD is providing a €7 million loan to UniCredit Bank dd Mostar in Bosnia and Herzegovina through the multi-donor Green Economy Financing Facility (GEFF) for the Western Balkans.
All new buildings should be zero-emission as of 2030; new buildings occupied or owned by public authorities should be zero-emission as of 2028.
Three organizations have announced an international alliance to unlock the sustainable finance needed for the built environment to play its role in meeting global climate goals.
UBM Development Czechia announced a significant milestone in sustainable construction in the Czech Republic, allowing the construction of wooden buildings up to 22.5 meters.
Skanska introduced its ESG+ office package, responding to evolving market dynamics and EU regulations.
The Galați County Council has approved a thermal rehabilitation and energy modernization project of the facilities related to the Galati County Hospital.
Sustainability in office design should be considered as an integral and systemic approach, rather than a series of isolated actions, says Horatiu Didea, Managing Partner of Workspace Studio.
Simtel, a Romanian engineering and technology company, has announced the completion of the construction of a photovoltaic power plant for Kindergarten Nr. 2 from the city of Petroșani.
A new report has explored how ESG is helping real estate investors maximize their returns.
The real estate developer Impact Developer & Contractor has completed a photovoltaic park consisting of 1,297 panels and with a total capacity of 700 kWp in the Greenfield Băneasa neighborhood of the Capital.
Ecological problems in construction represent major concerns for more than 60% of Romanians.
Sonae Sierra announced that it is improving its ESG practices with international recognition.
Schneider Electric, together with Boston University, announced a first-of-its-kind study that finds that more than 2 million new jobs and up to 141 million additional job years can be created in Europe and the United States by adopting clean energy technologies in new and retrofitted buildings.
Atria Urban Resort, a residential complex developed in the north-western area of Bucharest by EVERGENT Investments, in partnership with Cityring Development, has installed 296 solar panels that will produce energy for heating domestic hot water.
Romanians believe that innovation and modernity offer significant opportunities for environmental issues, and their level of openness and trust in sustainable construction materials is constantly increasing.
The first environment-friendly kindergarten will be built in the Noua district by two companies from Brașov.
Wing has published its second ESG report, providing information about its environmental, social, and governance efforts, as well as its goals, the measures it has taken and the results it has achieved in 2022. The report has been prepared in accordance with the company's first comprehensive ESG strategy, which will be finalised soon.
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.
