British Embassy Bucharest invites proposals for green finance report in Romania

The White Paper on sustainable finance should analyse the current financial market in Romania and inform about the challenges in addressing climate-related financial risks

EU approves €254m Romanian aid to upgrade district heating system

The district heating system in Bucharest is the largest of its kind in the EU and the second largest in the world, serving 1.2m people

British Embassy in Bucharest seeks projects to tackle climate change

They can focus on renewable energy, restoration of natural habitats and ecosystems and helping communities to prepare for natural disasters

EU lends €21m for energy efficiency in Bucharest

The financing will support upgrades to thermal insulation of 400 residential buildings

Residential buildings in Bucharest to be energy efficient

Energy efficient improvements are taking place at some residential buildings in Bucharest. The European Investment Bank is helping refurbish houses in the Sector 4 municipality of the city by providing €19.5 million (£15.21m). The loan is the second phase of a €42 million (£32.7m) programme approved in 2014, which is expected to result in around 50% […]

Bucharest gets €22.47m EU loan for energy efficiency

The first tranche of an approved €42 million loan for energy efficiency projects in Bucharest, Romania has been signed off. The European Investment Bank (EIB) is initially lending €22.47 million to finance the second phase of the city’s refurbishment programme for multi-family housing. The project is expected to cut the heating energy consumption of around […]

ENER-G boosts European presence

A sustainable energy technology business from Salford has expanded into Europe with the purchase of two specialist engineering businesses in Italy and Romania. ENER-G has taken over Milan-based MGM Engineering and EnALT Engineering and Contracting, situated in Bucharest. ENER-G group managing director Derek Duffill said: “The acquisition of MGM and EnALT will drive ENER-G’s specialist […]