The project implemented by Vrancart Recycling is designed both as a strong economic engine for the Vrancart Group and as an important vector in supporting the local population.
Vrancart, the producer of corrugated cardboard, signed a financing contract with the Ministry of Energy, through the National Recovery and Resilience Plan (PNRR), in order to build a photovoltaic park with a power plant, in the town of Adjud, Vrancea County.
It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.
FAN Courier, a leading Romanian logistics company, has allocated an investment budget of 40 million euros for 2025, including in renewable energy.
DRI, the European renewables division of Ukrainian energy company DTEK, has successfully connected its 60MW Glodeni II solar park to the Romanian grid.
NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.
EIB and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to €8 billion to support wind energy manufacturers in Europe.
