Vestas wants to become a leader in offshore wind and has announced its plans to establish a new blade factory in Szczecin, Poland.
Nokian Tyres has joined the Polestar 0 project that aims to create a climate-neutral car by 2030.
Pehart Group has reduced energy consumption by 10% through machinery reengineering for tissue paper production.
Nokian Tyres has started construction work on its new tyre factory in Romania, the first unit with zero CO2 emissions in the tyre industry. The total value of the Oradea investment is estimated at approximately €650 million, which makes it one of the largest investments in Romania in recent years. The factory will employ 500 people.
Braşov City Hall has blocked the activity of the Stejeris lime factory, which was operating in a residential area of the municipality because there are numerous petitions regarding the pollution in the area. This is the third company forced to relocate its activity, following the actions of the City Hall.
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.
