Eurowind Energy and Autoliv, the global leader in automotive safety systems, have signed a 12-year Power Purchase Agreement (PPA) in Romania. Through this partnership, Autoliv takes a significant step towards its goal of fully powering its operations with renewable energy. The new Virtual Power Purchase Agreement (VPPA) directly contributes to the company’s climate targets. “This project marks a key milestone in our decarbonization process and strengthens Autoliv’s position as a sustainability leader in the automotive industry. With this initiative, we support our ability to deliver sustainable products to our customers and accelerate progress towards achieving our climate goals for European operations,” said Magnus Jarlegren, President of Autoliv Europe. For Eurowind Energy, the agreement demonstrates that PPA partnerships are not only an effective tool for reducing the carbon footprint but also an essential component of its business strategy, which focuses on developing renewable energy parks across Europe. “This type of agreement is fundamental for developing new green energy parks. Collaborations with large and ambitious companies like Autoliv directly contribute to expanding the renewable energy network and building a cleaner future for all,” emphasized Jesper Schaumburg-Düring, Chief Commercial Officer of Eurowind Energy. The agreement covers the supply of green electricity for 12 years from the Pecineaga wind farm in Constan?a County, with an installed capacity of 48 MW. Once completed, the wind farm will generate approximately 176,000 MWh annually—the equivalent electricity consumption of around 48,000 households. The park is expected to become operational in 2027. Eurowind Energy A/S is a Danish company specializing in the development, construction, and operation of renewable energy parks. Its portfolio includes wind, solar, hydrogen, biogas, power-to-heat solutions, and battery storage projects. Eurowind Energy has been active in the Romanian market since 2011.
In September 2025, the average rent for a one-bedroom apartment in Bucharest reached EUR 494, up 10.7% y/y, according to data compiled by Ziarul Financiar in partnership with the real estate consultancy firm SVN. The highest rents are in Unirii-Victoriei area, with an average of EUR 581, while the lowest...
Romanian president Nicușor Dan said he does not yet have “a clear picture” of the events that led to the cancellation of last November’s presidential elections, but confirmed ongoing investigations and pointed to Russia’s role in hybrid warfare across Europe,
Recommerce©, the leading European player in trade-in, refurbishment and resale of consumer electronics, and Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things ("IoT") platform at its core, announce a strategic partnership for the deployment of integrated trade-in programs across Europe and enhance consumer’s purchasing […]
Romania's president Nicușor Dan reiterated that he was dissatisfied with the work of the head prosecutor and the head of the National Anticorruption Directorate (DNA), saying that these prosecutors' offices have "a problem of management," particularly in regard to the resources allocated for "dossiers that are highly important for society." President Dan has constantly criticised […]
Romania's state-controlled company Transgaz has required the environmental permit to build a connection between the pipeline that brings Black Sea offshore gas to the national grid and the BRUA pipeline (Tuzl-Podisor), and the pipeline that connects the southern part of the continent (Greece-Bulgaria) with Ukraine and the Republic of Moldova (pipelines T2 and T3),
Expansion of the portfolio with low, medium and high voltage electricity services, complementing existing solutions in water, sewage, gas and thermal energy. Alignment with the objectives of the Veolia Group’s “GreenUp” strategic program by diversifying decarbonization solutions, such as solar electricity generation and battery storage systems. Enhancing the capacity for implementation and the...
