January 4, 2025
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ESG Report 2021: GTC reduced its carbon footprint by 62% in Romania
Petre Barac Posted On July 25, 2022


GTC reduced its greenhouse gas emissions by 62% in Romania and by 44% in Poland, according to the ESG report recently published by the Group. Now in its second edition, the report underlines the fact that 88% of the company’s […]


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Clean Recycle: 8 out of 10 waste thrown randomly by tourists on the seaside is plastic
Petre Barac Posted On July 25, 2022


85% of the waste found on the beaches on the Romanian coast is made of plastic, according to official data Plastic also predominates among the waste found in the water of the Black Sea. The plastic waste found was: PETs, […]


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The Azores Sustainability & CSR Services: Community Index announces the annual results for 2022 regarding the CSR field
Petre Barac Posted On July 22, 2022


The only ranking in Romania dedicated to community investment annually reviews over 850 CSR projects and initiatives, structured in 19 categories. Companies in Romania allocate cumulatively around 80 million euro every year for community development. 21% of the developed CSR […]


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Nofar Energy continues to expand its global operations with a significant solar project in Romania
Petre Barac Posted On July 21, 2022


This week, Nofar Energy announced the entry of another significant project with a capacity of 255MW. The project is in the advanced stages of development. It will be built on 290 hectares of land in southern Romania near a high-voltage […]


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Asociația Energia Inteligentă brings once again “Energy for Life”- now in Vrancea mountains
Petre Barac Posted On July 20, 2022


Asociația Energia Inteligentă launches the third edition of the “Energy for Life” project, which will install photovoltaic panels in isolated households in the Vrancea Mountains. In five houses located in the communes of Năruja and Vintileasca in Vrancea County, the […]


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Abris-backed GreenGroup buys ERP developer SIGAD
Magda Purice Posted On July 20, 2022


Abris Capital Partners (“Abris”), the ESG transformation specialist private equity investor, has supported GreenGroup, the circular economy leader in Central Europe, in acquiring SIGAD, a Romanian developer of environmental reporting software. The acquisition marks the launch of GreenGroup’s ‘Circular Innovations’ […]


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World Bank and Romania sign 600 mln euro loan to support transition to green, inclusive economy
Petre Barac Posted On July 19, 2022


The World Bank and Romania, through the Ministry of Finance, today signed a 600 million Euro loan for Development Policy Loan, with an emphasis on inclusive and green economic growth. Approved on June 30 by the World Bank’s Board of […]


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Innovation Fund: EU invests 1.8 billion euro in clean tech projects
Petre Barac Posted On July 19, 2022


EU is investing over 1.8 billion euro in 17 large-scale innovative clean-tech projects with a third round of awards under the Innovation Fund. Grants will be disbursed from the Innovation Fund to help bring breakthrough technologies to the market in […]


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Sphera Franchise Group launches its third Sustainability Report
Petre Barac Posted On July 19, 2022


Sphera Franchise Group (SFG), the largest group in the food service industry in Romania, has published the third Sustainability Report, for the period 2020 – 2021. It presents information on key aspects of the Group, actions, challenges, as well as […]


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The floating solar power plant, an innovative project of EDP, will start energy production in Portugal
Petre Barac Posted On July 18, 2022


The largest floating solar park in Europe is located in the Alqueva region, on the reservoir of a dam. This is the second floating solar park built in Portugal after the EDP pilot project in Alto Rabagão The energy produced […]


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