Tag: Nicolae Ciuca (2 articles)

Energy   |   9 March, 2023 at 8:46 AM

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.

Energy   |   7 March, 2023 at 8:42 AM

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.

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Cost remains main driver and biggest barrier in sustainability
Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.