ESG | 12 February, 2025 at 1:05 PM
Romanian firms as likely as others in EU to tackle impacts of weather and reduce CO2
Romanian businesses are also on par with other EU-based companies in use of digital technologies, EIB survey shows.
Romanian businesses are also on par with other EU-based companies in use of digital technologies, EIB survey shows.
New data shows Primark's decarbonisation programme is beginning to decouple from its growth, with a 1.9% reduction in carbon emissions since 2019.
AI boom could further threaten 2050 decarbonization commitments unless used responsibly and scaled to its full potential as a lever of achieving net zero.
Targets are considered "science-based" if they align with the latest climate science findings, particularly in relation to the Paris Agreement's goals.
The latest review of the Energy Performance of Buildings Directive sets ambitious objectives to reduce global consumption of energy of the EU buildings.
Vista Bank marked its debut as a bond issuer on the Bucharest Stock Exchange (BVB). The bank listed its €17 million bond issue on the Regulated Market, consolidating its strategy to diversify funding sources through the capital market.
The Vega Ploiești Refinery, operated by Rompetrol Rafinare, has started producing hexane with a minimum purity of 60%, supporting polypropylene production and the food industry.
The EU's downward trend in transport costs ended abruptly in March 2026, with Romania emerging as one of the most heavily impacted member states.
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.
Romania's budget deficit calculated according to the European ESA methodology has dropped from 9.3% of GDP in 2024 to 7.9% of GDP in 2025, representing a correction of 1.4 percentage points of GDP.