Tag: ESG (74 articles)

ESG   |   28 April, 2026 at 1:54 PM

Tetra Pak, Mega Image expand carton packaging return network

Tetra Pak and Mega Image, together with partners Maspex, Tomra and Brai Cata, have expanded Europe's first pilot project for collecting carton packaging for beverages and dairy products by installing 12 additional reverse vending machines (RVMs) in Bucharest and surrounding areas.

Energy   |   22 April, 2026 at 6:45 PM

OMV Petrom starts development of three wind projects in Romania

Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.

Real estate   |   16 April, 2026 at 8:46 AM

Bucharest office fit-out, among the most affordable in CEE

The average total office fit-out costs in Bucharest increased slightly in 2025 to around €1,000 per sqm, according to data from Cushman & Wakefield Echinox. However, Bucharest remains one of the most affordable markets in CEE, with fit-out costs 18% and 15% lower than in Warsaw and Prague, respectively.

Energy   |   22 December, 2025 at 4:43 PM

Jinko Power enters Romania with solar, storage project

Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.

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Finance

IFC to acquire 10% stake in Romanian pension firm Carpathia

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.

Industry

Electric cars registrations in Romania up to 26% during April 2026

New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).

Economy

Romania's trade deficit drops 9.3% in Q1

Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).