BRD Groupe Societe Generale is launching its first "green" loans - for consumer goods and homes. The financing extended under these instruments can be used for buying cars, equipment or homes with low environmental impact, the bank announced on April 4. "As part of our ESG (Environmental, Social and Governance) strategy, we have set ourselves a clear mission to build a better and more sustainable future with our clients. Therefore, we are glad to make a concrete contribution, through this comprehensive range of green loans, to the transition to activities with less carbon dioxide emissions and a reduced impact on the environment," said Anca Nutiu, Executive Director of the Customer Value Management department. The Expresso Verde credit can be used to purchase both electric or plug-in hybrid cars that generate carbon emissions below 50gCO2 per km. It can also be used for equipment that reduces the carbon footprint or improves the energy efficiency of a building, such as bicycles, scooters, mopeds, electric scooters, solar or photovoltaic panels, heat pumps, including related installations, convectors, heat and electricity storage units produced from renewable sources, double glazed windows, thermal power plants, including installations auxiliaries and boilers, air conditioning equipment.
Almost 68% of Romanians say they would like the level of foreign direct investment in Romania to increase (versus 15% who would like to see fewer foreign investors), according to a poll "on the population's attitude regarding economic patriotism and the vulnerabilities of the democratic regime," conducted by INSCOP at the behest of the Concordia […]
Belgian logistics real estate developer WDP has announced a EUR 52 million investment in expanding its logistics infrastructure in Dragomirești, on the outskirts of Bucharest, as part of a broader EUR 107 million development program also covering Ridderkerk in the Netherlands, according to
Romanian telecommunications group Digi Communications (BVB: DIGI) announced on April 10 that its subsidiary Digi Romania concluded on April 9 a notification regarding an additional credit facility of EUR 200 million to a senior facility agreement dated April 21, 2023, according to a note sent by the group to investors. The facility has a maturity […]
German discount store chain Penny plans to reach a network of 1,000 stores in Romania by 2035, from 417 currently, and earmarked a budget of EUR 3 billion for local development, according to the company's CEO Daniel Gross, quoted by Revista Progresiv. "In our first analysis...
No price hikes are expected in the short term while the prices might decrease in the long term, Romanian finance minister Tanczos Barna told news channel Digi24, commenting on the effects of the tariffs imposed by the...
Romania's rapidly rising public debt remained steady through January, ending the month at RON 964.4 billion (EUR 193.8 billion), or 46.8% of GDP, according to data published by the Finance Ministry. With no FX or Fidelis bond issue to households in the first month of the year, the public debt has remained constant. However, EUR 4 […]
