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.
Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21. The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]
NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
Romania’s leading bank, Banca Transilvania, announced the successful completion of its first AT1 (Additional Tier 1) bond issuance on the Dublin Stock Exchange. The final volume of subscribed orders reached over EUR 2.65 billion, representing an oversubscription 5.3 times higher than the amount BT intended to raise. More than 180 investors, a record in Banca […]
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
