Tag: Romania (720 articles)

Finance   |   5 July, 2023 at 10:00 AM

OTP Bank Romania enhances commitment to sustainable financing

The banking sector in Romania has made notable progress in aligning its practices to evolving ESG standards and regulations aimed to support the EU's ambitious decarbonization targets, says Gyula Fatér, CEO of OTP Bank Romania. He talked to Green Forum about the role that ESG currently plays in the decision-making process at OTP Bank Romania.

Energy   |   4 July, 2023 at 1:00 AM

Brick store in Constanta invests €200,000 in PV panels

DIY company Brick Romania started a project last year to implement green energy solutions for its work units. The Brick store in Constanța benefited from an investment of RON1 million (€200,000) in photovoltaic panels, which provide approximately 35% of the energy requirement.

Industry   |   4 July, 2023 at 12:30 AM

iHunt launches sale of PV panels

iHunt Technology Import Export, a manufacturer of mobile phones and gadgets, has launched a new product from the green energy range, a photovoltaic panel. It was made in collaboration with the Luxen company, a manufacturer of lighting sources.

Industry   |   3 July, 2023 at 5:00 PM

ROCA Industry to reduce carbon emissions by 20% by 2030

ROCA Industry, the first Romanian holding company of construction materials companies, part of the ROCA Investments portfolio, announces the launch of the first Sustainability Report, anticipating the European Directive applicable starting from the financial year 2024, regarding corporate sustainability reporting (CSRD).

Energy   |   2 July, 2023 at 12:00 PM

Green energy producer Hidroelectrica to go public

Hidroelectrica, an energy producer owned by the Romanian state, is preparing for listing on the Bucharest Stock Exchange (BVB). Fondul Proprietatea, the minority shareholder, is selling 17% of the holding (almost 20%), i.e. 78 million shares.

Environment   |   30 June, 2023 at 10:30 AM

Romania recycles only 30% of plastic used

By 2060, global rivers, seas, and oceans could be polluted with 44 million tonnes of plastic, double the current level, estimates a recent report by The Organization for Economic Cooperation and Development (OECD). Plastic is among the packaging most often used by Romanians, but its recycling rate in Romania is only 30.05%, according to the data analyzed by Clean Recycle.

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AQUILA meets 2026 emissions target two years early

AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.