Energy | 25 April, 2025 at 3:41 PM
OMV Petrom's renewable capacity exceeds 2 GW
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
Oil and gas major OMV Petrom has announced that its wind and photovoltaic projects in Romania have a combined capacity of 2.4 GW.
Nhood Romania has recorded a turnover of more than €10 million in 2024, representing a 10% increase compared to the previous year.
Investors view the logistics sector with optimism and, to a lesser extent, retail over the next 12 months, according to a Cushman & Wakefield Echinox study conducted among the most important investors and developers in Romania.
Investors across Europe will continue to focus on sectors with strong structural tailwinds, such as living and logistics, according to a Knight Frank report.
Real estate investment decisions in CEE are currently made considering various challenges, such as difficulty in predicting five-year exit strategies for investments, liquidity in the region, and concerns about the impact of ESG regulations on building compliance and financing, to name a few. CEE Property Forum 2024 in Vienna has taken a closer look at European investment trends in the panel chaired by Tim Wilkinson, MRICS, Head of European Acquisitions at Indotek Group.
Romanian construction group Bog'Art has published its first sustainability report that outlines the company's results and objectives under the ESG development framework.
The platform, designed to enhance sustainability, operational efficiency, and responsible governance, was officially announced at a major business event in New York.
Monia Dobrescu, Partner at Mușat & Asociații, spoke to Property Forum about the growing role of ESG criteria in bank financing of real estate projects and the prospects for investment in the local market in 2024.
Latest EY Global Integrity Report shows 49% believe that integrity standards within their organizations have improved over the past two years.
All buildings completed last year have been awarded class A energy performance certificates. Over 50% of projects have already been evaluated for climate change risks.
In 2023, PepsiCo achieved some goals ahead of schedule, introduced new ones and made strong progress on others, while certain goals continue to present challenges.
EU Corporate Sustainability Reporting Directive (CSRD) imposes new reporting requirements for which CFOs are generally appointed responsible.
As part of Teilor Holding's commitment to ESG initiatives, the group has launched DAAR, a luxury brand of sustainable jewelry.
Environmental, social, and governance (ESG) principles are no longer just a trend or a buzzword, but rather becoming the norm in the Romanian real estate market.
The role of green building certifications changes from final objective to an important step in decarbonization and sustainability strategies.
An office space that respects ESG principles, in line with market changes and EU requirements, is not only a necessity, but also an added value for employees.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.