€159 million to be invested in the development of water and wastewater infrastructure in Iasi. The amount is financed by the EU Cohesion Policy funds within the 2014-2020 programming period. The effort is part of a vaster plan to improve water and wastewater infrastructure across Romania and in Iași County, it is complementary to the project completed in the 2007-2013 program period.
A new study finds an estimated investment gap of €6.7-8.6 billion must be closed to achieve Europe's pledged goal of placing on the EU market each year 10 million tonnes (Mt) of plastic recyclates in final products by 2025. Plastic packaging is the biggest contributor to the plastic waste problem and 25 companies are responsible for half of the world's plastic production.
The Romanian Government approved an agreement for the implementation of the provisions of the Espoo Convention. A joint Commission on environmental impact assessment in a cross-border context will be established, consisting of four members for each party.
L'Oréal has announced that, as of December 2024, all its European operations—including factories, offices, and distribution centers—are now powered entirely by renewable energy.
Europe's energy landscape stands at a transformative crossroads, as hybrid solar technology emerges as a powerful solution, capable of significantly enhancing the efficiency, reliability, and affordability of renewable energy systems.
R.Power Group, one of Europe's leading renewable energy companies, has secured a €12.4 million project finance agreement with Bank Gospodarstwa Krajowego (the Polish National Development Bank).
Centrul Agro Transilvania S.A., a public company overseen by the Cluj County Council, has launched construction of a photovoltaic park within the market complex.