Category: News

BASF has outlined an ambitious corporate strategy aimed at reinforcing its financial performance and commitment to sustainability. During Capital Markets Day in Ludwigshafen, Dr. Markus Kamieth, Chairman of BASF’s Board of Executive Directors, emphasized the company’s goal to become the preferred chemical partner facilitating green transformations for its customers. Dr. Dirk Elvermann, BASF’s CFO, highlighted […]

Rezolv Energy, a renewable energy developer backed by Actis, has signed a 7-year Virtual Power Purchase Agreement (VPPA) with A2A, a leading Italian group in energy, water, and environmental sectors. The deal covers the acquisition of 150 GWh per year of wind energy generated by Rezolv’s VIFOR wind farm in Buzău County, Romania. This renewable […]

OMV Petrom, one of Southeast Europe’s largest integrated energy producers, has finalized the acquisition of several photovoltaic park projects from the Danish company Jantzen Renewables. These projects, located in Teleorman County, Romania, have a planned installed capacity of approximately 710 MW. Once operational, the parks will be among the largest solar projects in Southeast Europe. […]

Ascendis Group, one of Romania’s leading professional development training and consultancy firms, has acquired the renowned magazines Cariere and HR Manager in a transaction worth €300,000. This acquisition strengthens Ascendis’ commitment to expanding communication platforms for the HR community in Romania, Moldova, and the Romanian diaspora. Andrei Goșu, Managing Partner at Ascendis, emphasized the significance […]

Restart Energy has successfully finalized a €900,000 photovoltaic power plant project for Tehno Proenergy, a company based in Alba County. The plant, featuring 1,818 solar panels spread across 10,000 square meters, has a total capacity of 999.9 kWp and will produce 1,287 MWh of electricity annually, fully covering the energy consumption of the company. This […]

Saint-Gobain Romania has taken a significant step in its sustainability strategy by completing the installation of a photovoltaic power plant at its Saint-Gobain Rigips factory in Turda. This solar project, funded through the National Recovery and Resilience Plan (PNRR) and Saint-Gobain’s internal Carbon Fund, is designed to power the factory’s production line with clean energy, […]

E.ON Romania has significantly expanded its community support efforts, investing €18 million in 2023 in key projects focused on safety, education, and environmental protection, according to its latest sustainability report. This brings the total investment in community initiatives to almost €20 million over the past years. These projects have had a direct impact on over […]

CBRE Romania is expanding its influence in the commercial real estate sector by intensifying its commitment to ESG and sustainability. Through a new strategic partnership with Access4you, CBRE Romania will enhance its efforts to create more inclusive and accessible spaces for people with disabilities. Access4you is a Hungarian company known for its expertise in building […]

Nala Renewables has secured a €214 million financing package from Banca Comercială Română (BCR) and Erste Group for the acquisition and development of a 99.2 MW onshore wind project. This financing underscores the growing focus on renewable energy investments and the strategic role these projects play in the region’s energy landscape. The wind farm, set […]

AFI Europe, a prominent real estate developer in Central and Eastern Europe, has purchased the myhive Victoriei office building from the Austrian group IMMOFINANZ. The transaction, valued at approximately €27 million, was facilitated by Colliers and Cushman & Wakefield Echinox. This acquisition aligns with AFI Europe’s strategic expansion in Romania, where it plans to transform […]