The European Commission has adopted guidelines on how to design sustainability agreements in the field of agriculture using a novel exclusion from EU competition rules introduced by the recently reformed Common Agricultural Policy (CAP).
The European Commission's report confirms the important role of CAP Strategic Plans for maintaining farmers' income and food security while supporting EU agriculture's transition to a sustainable farming model in the 2023-2027 period.
The State Domains Agency (ADS) has completed the scriptural inventory of state-owned land that could be used to establish wind or photovoltaic power plants.
The first 100% organic chicken farm in Romania has been inaugurated by the Carmistin Group, which thus expands its La Provincia portfolio with Healthy Fed BIO Chicken.
From November 5, 2023, farmers and processors can submit projects for the realization of new capacities to produce electricity from solar or wind sources in the agricultural sector, land improvements, and the food industry.
PepsiCo factories in Romania have achieved a 100% recycling rate.
Investment company Evergent Investments, based in Bacău County, identifies a "growing demand for organic products" and is now investing in organic blueberry production. The company announces that it continues the development of the Private Equity portfolio, increasing the area of the "Blueberry Farms" project to 105 ha, through the purchase of 50 ha through the company Ever Agribio. The new land is intended for the production of organic blueberries, which meets the growing demand for organic products.
Romania has committed to reducing net carbon emissions from agriculture by 51% compared to 1990 by 2050, according to the long-term strategy for reducing greenhouse gas emissions of Romania, carried out by the Government. Also, 5% of the energy requirement in agriculture will be provided by the manure transformed into biogas.
The company Eco Partnersheep Insulation SRL, belonging to investors from Olt county, will invest over RON182 million (€36.4 million) in the largest wool processing factory in Europe. This will produce sound- and thermal-insulating wool products and will contribute to reducing the negative effects of climate change.
A significant portion of EU grants is allocated to support sustainable initiatives, further driving the rise in these types of loans.
Polish energy group Orlen announced that its subsidiary, Energa Operator, has secured a €1.8bn loan to modernize the power grid, preparing it for the integration of renewable energy sources.
OMV Petrom announced the commencement of construction for a production unit dedicated to sustainable aviation fuel (SAF) and renewable diesel (HVO) at the Petrobrazi refinery.
The European Investment Bank (EIB) is providing a €240 million loan to Slovakia for co-funding of EU-supported green and digital projects across the country.
In line with its 2030 ambition to decarbonize the hydrogen used in its European refineries, TotalEnergies has signed agreements with Air Liquide to develop two projects in the Netherlands.
