Garanti BBVA Leasing, part of the Garanti BBVA Group, has signed a new loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group, in the amount of €20 million.
At Romanian private equity fund ROCA Investments, ESG considerations are gradually turning into a critical part of the investment and portfolio management processes, says CEO Rudolf Vizental
The Sustainability Academy was launched, the first social and educational platform dedicated to SMEs in Romania, with free access. The Sustainability Academy is a Sustainable Futures brand project initiated by Social Innovation Solutions together with the Coca-Cola Foundation, founding partner, and BCR, main partner. The Sustainability Academy aims to help SMEs willing to adopt sustainability strategies and aims to increase the number of sustainable businesses in Romania.
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.
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.
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.
The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.
Solar power has rapidly risen to become Hungary's second-largest source of electricity, overtaking gas for the first time in 2024.
