Romanian firms as likely as others in EU to tackle impacts of weather and reduce CO2

Romanian firms as likely as others in EU to tackle impacts of weather and reduce CO2

Business Forum
Most Romanian firms – 90% – have acted to reduce greenhouse gas emissions, in line with companies elsewhere in Europe, according to a European Investment Bank (EIB) Group survey. Companies in Romania have taken steps such as curbing waste, recycling, saving energy and embracing cleaner technologies, new country results from the EIB Group Investment Survey (EIBIS) show.

Romanian firms are more likely than other EU-based businesses to have limited waste, recycled and invested in less-polluting technologies but less likely to have pursued energy efficiency, according to the national data.

EIBIS is an annual report based on polling of approximately 13,000 firms in all EU Member States plus a sample from the United States. Its main results were released in October 2024, showing that EU businesses lead way in investments in climate mitigation and adaptation.

The detailed country reports for individual member states were released today. Key takeaways for Romania include:

  • Investments stand at 27% above pre-pandemic levels.
  • The share of investing firms is 70%, below an EU average of 87%.
  • The share of innovative firms in Romanian is like the EU average, with three in ten reporting innovation activity.
  • Uncertainty about the future, energy costs and an insufficiency of skilled staff remain key concerns for businesses in Romania.

"Romanian businesses are demonstrating resilience and optimism, even amid global economic uncertainties," said EIB Vice-President Ioannis Tsakiris. "The EIB Group remains committed to supporting the country's investment ambitions, ensuring that local businesses on the ground in Romania have access to the financing they need to thrive in a competitive global landscape."

Survey results feed into the annual Investment Report, the flagship publication of the EIB Group's Economics Department, gauging the investment outlook for Europe's economy. The next Investment Report will be released on 5 March 2025 during the annual EIB Group Forum in Luxembourg.

The annual Forum brings together key stakeholders from the government, business and finance domains to exchange views on investment priorities that support Europe's policies, including industrial decarbonisation, artificial intelligence, the Capital Markets Union, security, housing and EU enlargement. The theme of this year's event is Investing in a more sustainable and secure Europe.

The European Investment Bank (ElB) is the long-term lending institution of the European Union, owned by its Member States. Built around eight core priorities, we finance investments that contribute to EU policy objectives by bolstering climate action and the environment, digitalisation and technological innovation, security and defence, cohesion, agriculture and bioeconomy, social infrastructure, the capital markets union, and a stronger Europe in a more peaceful and prosperous world. 

The EIB Group, which also includes the European Investment Fund (EIF), signed nearly €89 billion in new financing for over 900 high-impact projects in 2024, boosting Europe's competitiveness and security.   

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
BCG: Romanian consumers grow more pessimistic amid economic fears
Economy

BCG: Romanian consumers grow more pessimistic amid economic fears

Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).

Finance

TechAngels names new President

The TechAngels Board has appointed Ana Maria Andronic as President for a mandate lasting until next year's internal elections.

Industry

Iulian Stanciu sells eMAG stake to Prosus

Romanian entrepreneur Iulian Stanciu has announced the sale of his stake in eMAG Group to Prosus, 17 years after taking over the company and 14 years after signing the partnership with Naspers (Prosus).

Economy

Romania's economic growth estimate cut to 0.1% in 2026

Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.

READ MORE
Business Forum  |  11 June, 2026 at 4:00 PM
Business Forum  |  11 June, 2026 at 3:05 PM