Tag: Romania
Romania adopts offshore wind law
The Romanian Parliament adopts the country’s first Offshore Wind Energy Law.
This bill comes at a time when the country needs to assert its energy independence and resilience. The deployment of its offshore...
What is the Sun Tax and Why Some Countries “Punish” Their Prosumers?
There should be no obstacles for those who want to invest in renewable energy sources on the way to decarbonization of the energy sector. And yet, by introducing the so-called “sun tax”,...
Mihajlovic with the EIB: Energy Transition and Various Gas Suppliers are Crucial for the Development and Security of Serbia and the Region
Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D, met with Matteo Rivellini, Head of the Western Balkans Division at the European Investment Bank (EIB), and discussed with...
EBRD and Ascendis Launch Regional IncubatorX SME Programme
The European Bank for Reconstruction and Development (EBRD) and Ascendis, a training and consulting company, today launched IncubatorX SME, a programme through which companies in Bulgaria, Croatia, Romania and Serbia can engage with top entrepreneurs and consultants, who...
Car Leasing and Rental Company Plans to Cut Fleet’s Carbon Emissions by a Quarter by 2025
The European Bank for Reconstruction and Development (EBRD) is investing EUR 10 million in a EUR 48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company.
This is Romania’s...
EBRD to Acquire Stake in Bulgaria’s Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) signed an agreement to acquire a minority stake in Bulgaria’s Euroins Insurance Group (EIG), one of the largest independent non-life insurance groups in central,...
Fast-Growing EBRD Green Cities Signs up 50th member, Medias
The EBRD’s fast-expanding EUR 3 billion urban sustainability programme, EBRD Green Cities, has reached a new growth milestone, with Medias in Romania becoming the 50th city to sign up to improve the...
EBRD and EU Advance Honey Producer’s Development in Moldova
Nestled in the picturesque village of Costești, Moldova, Regina Naturii manufactures and trades jars of delicious natural delicacies. The honey producer may well have borrowed its work ethic from industrious bees in...
Marked Improvement in Europe’s Air Quality Over Past Decade
The EEA’s ‘Air quality in Europe — 2020 report’ shows that six Member States exceeded the European Union's limit value for fine particulate matter (PM2.5) in 2018: Bulgaria, Croatia, Czechia, Italy, Poland,...
How the Platform On Sustainable Finance Will Help Define Our Green Future
With an ever more ambitious global green agenda coming into focus, states, markets, blocs and businesses are working to go carbon-neutral in time to keep world temperature rises from exceeding 2C and,...
Renewables Could Cover More Than One-Third of Energy Demand in CESEC
Within ten years, the economies of Central and South Eastern Europe could cover 34 percentage of their rising energy demand cost-effectively with renewables, a new report by the International Renewable Energy Agency...
The Black Sea Region’s Renewable Energy Potential on the Agenda
In less than a month the energy community will get together online to discuss the renewable energy potential of the Black Sea countries.
The high-level international investment conference Energy Week Black Sea will...
Kigali Amendment Hits Milestone 100th Ratification, Boosting Climate Action
The Kigali Amendment to the Montreal Protocol, an international agreement to cut the use of climate-warming hydrofluorocarbons (HFCs), has reached a major milestone, with Liberia becoming the 100th nation to ratify the...
Sun, Wind and Biomass for Clean Energy
Vojvodina has a great potential for energy production from renewable sources. How much these resources will be used, and to what extent industrial entities will be environmentally conscious, depends most on the...
Can by Can – Yes, I Can!
All good ideas have something in common – it always appears to be some ever so logical and simple solution where such an idea found its implementation. The same goes for the...
EFSE and BT Mic Join Forces to Provide Local Currency Financing for Romanian MSEs
The European Fund for Southeast Europe (EFSE) has provided BT Microfinanțare (BT Mic), part of Banca Transilvania Financial Group, with a second loan in Romanian leu equivalent to EUR 7 million to...
