Burduja: The CfD mechanism will be adopted in early 2024 at the latest
The Ministry of Energy aims that, by the end of this year, at the latest the beginning of next year,…
EBRD: Victoria Zinchuk is the new director for Romania
Victoria Zinchuk has been appointed new EBRD Director for Romania. In this position she will head the Bank’s Resident Office…
Green energy producers are lobbying for storage inclusion in CfD eligibility
Officials of the renewable energy industry request the inclusion of electricity storage alongside production in the eligibility scheme allowed by…
EBRD: Romania to launch first auctions under CfD scheme
Romania is launching its first auction for a contract-for-difference (CfD) support scheme for renewable energy this month. Onshore wind power…
EBRD improved outlook for the Romanian economy in 2023 to 2.5%
The European Bank for Reconstruction and Development (EBRD) has improved the estimates regarding the evolution of the Romanian economy in…
Forty Management officially launches Central District Lagoon City, the first climate neutral project in CEE
Forty Management has announced that it has started work on the development of Central District Lagoon City Bucharest, the most…
FWD invests 15 mln. euro until 2030 to develop the circular economy
Fepra Waste Division (FWD), a group of companies established to support companies in the sustainability process, will invest 15 million…
Romania to benefit from the funds allocated by the EBRD and EC to support green energy
Funds worth over 1.1 billion euros are to be mobilized for sustainable projects, supported with 150 million euros in the…
Electrica: DEER contracted a loan of 180 mln. lei from EBRD
The Electrica Group, through the operator Distribuție Energie Electrică Romania (DEER), concluded a loan agreement with the European Bank for…
Romania’s largest vehicle insurer, Euroins, sent into bankruptcy by the ASF
Romania’s largest car civil liability (RCA) insurer, Euroins, an entity owned by Eurohold, with a 35% market share, has been…
Premier Energy to modernize electricity grid around Chișinău
The European Bank for Reconstruction and Development (EBRD) is lending 30 million dollars to ICS Premier Energy Distribution S.A., Moldova’s…
EBRD becomes a minority shareholder of Euroins Romania
The operation by which the European Bank for Reconstruction and Development (EBRD) becomes a shareholder of Euroins was approved by…
Premier Energy acquires Enex Renewable – investments of 55 mln. euro in 2022
Premier Energy increases its renewable capacity by acquiring one of the wind farms with the best power output in the…
Sebastian Staicu: BCR supports the development of the ecosystem needed to transition to a sustainable economy
Sebastian Staicu – Sustainable Finance Coordinator, BCR The last year brought a lot of effervescence in the energy market and…
EBRD will support Romania in absorbing EU funds during the 2021-2027 programming period
The Ministry of European Investments and Projects and the European Bank for Reconstruction and Development (EBRD) signed on Tuesday in…
EBRD opens a credit line of 30 mln. euro for Premier Energy
The European Bank for Reconstruction and Development (EBRD) said on Thursday that it plans to provide a working capital revolving…
Cutting off Russian gas exports will significantly affect the economies of the EBRD region
A sharp halt in Russian gas exports could cause a recession in the economies of emerging Europe, Central Asia and…
Intesa Leasing secures new funding for energy-saving measures in the Serbian businesses
Small and medium-sized enterprises (SMEs) in Serbia are to benefit from new funding from the European Bank for Reconstruction and…
BVB launches first ESG Reporting Guide with EBRD support
Bucharest Stock Exchange (BVB) has published its first reporting guide according to environmental, social and governance standards (ESG) for listed…
Ukraine: IMF, EBRD and the World Bank are drawing attention to the “far-reaching” consequences for the world economy
Several international economic organizations, such as the European Bank for Reconstruction and Development, the International Monetary Fund and the World…
EBRD intends to co-finance the construction of the photovoltaic parks of CE Oltenia
The European Bank for Reconstruction and Development (EBRD) intends to hire a consultant to provide technical consultancy services for the…
EU announces a 300 bln. euro global infrastructure investment plan
European Commission and the High Representative of the Union for Foreign Affairs and Security Policy launched the Global Gateway on…
Banca Transilvania launches a lending campaign for renewables and energy efficiency
Banca Transilvania Financial Group – through Banca Transilvania and BT Leasing – supports investments in the production of energy from…