Finance | 13 August, 2024 at 7:30 PM
EU approves €99.5 million Romanian aid for Nokian Tyres' zero CO2 factory
The European Commission has approved, under EU State aid rules, a €99.5 million Romanian measure in favor of Nokian Tyres.
The European Commission has approved, under EU State aid rules, a €99.5 million Romanian measure in favor of Nokian Tyres.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
