Tag: Fitch Ratings (1 articles)

Industry   |   24 April, 2023 at 9:01 AM

Romania and Bulgaria are highly vulnerable to decarbonisation transition risks

Romania is among the most vulnerable countries in the region to the risks related to the transition to a green economy, in the context where investments in decarbonization are expected to put additional pressure on public finances. According to the global rating agency Fitch Ratings, the cost impact of the decarbonization transition on sovereign ratings in the region appears to be manageable.

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Defic Globe to build 4 new PV plants in Bucharest

Defic Globe, a subsidiary of YEO Technology — a global brand in renewable energy and energy technologies — has expanded its presence in the Romanian market through strategic investments.