EBRD invests €10 million in Romania’s first sustainability-linked bond: Car leasing and rental firm Autonom is raising finance for environmentally friendly growth By 2025, the company plans to cut operating fleet’s carbon emissions by 25 per cent The European Bank for Reconstruction and Development (EBRD) is investing €10 million in a €48 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This is Romania’s first sustainability-linked bond and the debut issuance under Autonom’s five-year €250 million corporate bond programme. Autonom’s services include car leasing, fleet management and short-term rental of vehicles. The company is raising finance to pursue environmentally friendly growth. It aims to expand the car fleet to meet increased demand from local business, while reducing its carbon footprint. In line with its sustainability strategy, by 2025, the company plans to cut the operating fleet’s carbon emissions by 25 per cent, and by 51 per cent by 2030. Mark Davis, EBRD Regional Director for Romania and Bulgaria, said: “Autonom’s sustainability-linked bond is a milestone for Romania as the first instrument of this type issued locally. By launching this programme, which underpins Autonom’s ambitious sustainability strategy, the company signals its commitment to significantly reducing its carbon footprint, which is consistent with decarbonisation objectives of European Union countries. We are proud to support Autonom in its sustainability journey.” Marius and Dan Stefan, the co-founders of Autonom, commented: "We believe that the future belongs to companies with valuable, transparent, and responsible business models. These criteria will become a benchmark for all and we believe that the Romanian capital markets will provide extraordinary opportunities for local companies that care about their impact in the society. We appreciate the thoughtful advice, the passion for excellence and the strong commitment of the EBRD. We are grateful for the Bank’s trust, dedication and support for our ambitious vision.” Founded in 2006 in Piatra Neamt by entrepreneurs Marius Stefan and Dan Stefan, Autonom has more than 500 employees and operates a fleet of over 9,000 cars. It is a member of the EBRD’s Blue Ribbon programme, which delivers tailor-made financing and sector-specific advice – covering operational, management and financial advisory – to high-growth small and medium-sized enterprises (SMEs) over the course of five years. The EBRD is a leading institutional investor in Romania and has invested €9.3 billion through 477 projects in the country to date, with 77 per cent of that in the private sector.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
