The Government approved a mechanism for granting financial support from the state budget by establishing the de minimis aid scheme for the transition to the circular economy, a project initiated by the Ministry of Economy. The mechanism stipulates that the […]
Since July 2022, all newly produced tires in Continental’s “Gravity” mountain bike product range feature responsibly sourced natural rubber from a project in West Kalimantan, Indonesia, the company announces. “I’m delighted that we are now using responsibly sourced natural rubber […]
Promateris, a Romanian industrial group and leader in the CEE in the production of low carbon footprint packaging, reports a consolidated turnover of 18 million euros in the first six months of the year, EBITDA of 2,4 million euros and an […]
12 projects initiated and developed by eight companies and a foundation, members of the Romanian-German Chamber of Commerce and Industry (AHK Romania) were shortlisted in the competition organized by AHK Romania to reward outstanding business results. The list can be […]
The European Bank for Reconstruction and Development (EBRD) has invested RON 131 million (€26 million equivalent) in Romania’s first sustainability bonds, issued by Raiffeisen Bank Romania (RBRO). Sustainability bonds are bonds with allocation to both green and social assets. Thanks to healthy demand, […]
DS Smith announced that it has designed out over 313 million pieces of problem plastics in the last two years alone, as part of its ambitious plastic replacement programme. The significant figure equates to more than three million units per […]
Abris Capital Partners has supported GreenGroup, the circular economy leader in Central Europe, in acquiring UAB Ecso, a Lithuanian LDPE (Low Density Polyethylene) recycling company. Part of an ambitious M&A strategy, this acquisition marks GreenGroup’s entry into the polyolefin recycling […]
Lack of standardization, regulation and common purpose threatens trust in growing sustainability movement Report outlines five recommendations to build trust and decision-usefulness in sustainability information Environmental, social, and governance (ESG) investing and reporting is facing existential questions associated with a […]
Nestlé Romania is an integral part of the local eco-system, partner of communities, retailers and a top employer. Nestlé’s mission in Romania is to provide the highest quality products and bring added value on the side of educational projects and […]
Alesonor, the developer of the first complete suburb, Amber Forest, announces a financing from Banca Transilvania worth EUR 21 million with the purpose to finance the development of 294 green homes in the first stage of the Amber Forest project, which have […]
