Ursus Breweries, the largest beer producer in Romania, has made an investment of €2 million in an installation that uses energy efficiency technologies for the recovery of thermal energy from burnt gases, at the brewery in Buzău.
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.
The European Commission presented the centerpieces of a strategy on Thursday to ensure its industry can compete with the United States and China in making clean tech products and accessing raw materials required for the green transition. Global investment in the green transition is set to triple by 2030 from $1 trillion last year.
Real estate developer Iulius has entered into a partnership with IFC, a member of the World Bank Group, to develop a strategy to decarbonize the company's entire portfolio and reach the target of net-zero emissions.
The energy transition is a central priority for ENGIE, both worldwide and in Romania.
OMV Petrom announced that starting this year, its sustainability reporting will be integrated into the company's Annual Report.
European Investment Bank and PGE Polska Grupa Energetyczna seal new financing agreement worth over €525 million.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Hidroelectrica has signed a contract for the purchase of its first Li-ion battery energy storage system, which will be deployed at the Crucea Nord Wind Farm.
