Tag: business (6 articles)

Business   |   20 June, 2023 at 1:21 AM

Mapping innovation: 10+ CEE companies accelerating sustainability in FMCG

In the face of mounting environmental challenges, the FMCG sector is using innovation to reduce ecological impact and cultivate consumer trust. In this article, we explore key innovations for FMCG led by entrepreneurs in Central and Eastern Europe, such as alternative packaging materials and low-carbon protein alternatives.

Industry   |   12 April, 2023 at 1:34 PM

80% of Romanians are willing to do more for sustainability

80% of Romanians are willing to do more for sustainability, and the main barriers are the lack of easy access to information and personal resources, according to a study carried out by the Arctic Foundation in collaboration with Ipsos. 38% say they don't know what to do to be more sustainable, and 34% believe they don't have time to act in this direction.

Business   |   11 April, 2023 at 5:05 PM

9 out of 10 companies plan to increase investments in sustainability

An EY survey found that experts are much more likely to take concrete action by stepping up investment in sustainability. Nine out of 10 companies (90%) said they plan to increase their investments in sustainability. The survey also identified a key link between effective board sustainability governance and company business performance.

Business   |   29 March, 2023 at 12:34 PM

Romanian companies perceive climate change as a threat to their business

Romanian businesses perceive climate change and access to finance as threats to their businesses, an EIB investment survey shows. 69% of the surveyed Romanian companies say that climate change has a negative impact. Also, a third of Romanian companies have invested in improving energy efficiency in the last year, close to the EU average of 40%.

Business   |   25 January, 2023 at 8:14 AM

Hungary's Mol buys hundreds of petrol stations in Poland

The European Commission approved the acquisition of Lotos by Polish PKN Orlen in the summer, and the news also had Hungarian implications, as PKN had to sell assets in order to acquire its sector partner, some of which were to be obtained bz Hungarian energy group Mol. The latest news is that this transaction has been completed, with Mol buying Lotos Paliwa, which operates 80% of the petrol stations owned by the Lotos oil company, for a total of USD 610 million.

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Finance

EU leads the way in green finance

The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.