Holcim Romania has signed a funding agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative.
The European Union's Innovation Fund has selected Holcim Romania's Carbon Hub CPT01 project for funding, marking a significant step in its decarbonisation efforts.
Romania is entering a new stage, with its multiannual economic recovery programme launching in 2026, carrying an estimated budget of around €5 billion through 2032 and a dedicated framework for anchor-type strategic investments above €200 million, according to experts at EY Romania.
FintechOS, the financial technology company founded in Romania that provides AI-based digitalisation solutions for banks and insurers, has reached profitability on the back of a 40% rise in recurring revenue at the end of Q1, company representatives said.
OMV Petrom, an integrated energy producer in Southeast Europe, has made the final investment decision for Gabare, an integrated solar energy and battery storage project in Bulgaria.