Tag: green economy (3 articles)

Finance   |   1 November, 2023 at 5:50 PM

CEC Bank grants SMEs loans for transition to green economy

CEC Bank has signed with the European Investment Fund (EIF) a new agreement, worth €105 million, to support SMEs and small companies with medium capitalization to increase their competitiveness and transition to a green, sustainable economy, within the PNRR - The compartment for Member State Romania.

Industry   |   24 April, 2023 at 9:01 AM

Romania and Bulgaria are highly vulnerable to decarbonisation transition risks

Romania is among the most vulnerable countries in the region to the risks related to the transition to a green economy, in the context where investments in decarbonization are expected to put additional pressure on public finances. According to the global rating agency Fitch Ratings, the cost impact of the decarbonization transition on sovereign ratings in the region appears to be manageable.

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Eurowind and Autoliv sign energy deal

Eurowind Energy and Autoliv, a global leader in automotive safety systems, have signed a 12-year Power Purchase Agreement (PPA) in Romania.

Real estate

EBRD backs retail growth in Balkans

The European Bank for Reconstruction and Development (EBRD) is providing an additional loan of up to €72 million to BIG CEE as part of a €100 million envelope of loans to support its expansion in Serbia and the Western Balkans.