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.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Banca Transilvania (BT) reported a consolidated net profit of RON 4.10 billion (€804.7 million) in 2025, representing a 15.96% increase compared to RON 3.53 billion.
Romanian gas producer Romgaz recorded a consolidated net profit of RON 3.35 billion (€674.5 million) for the 2025 financial year.
State-owned power producer Hidroelectrica Group recorded a 20% fall in net profit during 2025 versus 2024 as the poor water levels significantly impacted hydropower generation and consequently the total volume of energy available for sale.
Romanian energy group Electrica achieved record financial results in 2025, with preliminary net profit reaching RON 1.22 billion (€245 million), representing a 159% increase compared to 2024.