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.
Human Scale, the project representing Romania at the 19th edition of the International Architecture Exhibition – La Biennale di Venezia, opens to the public on May 10. The project, by artist Vlad Nancă and architecture office Muromuro Studio (Ioana Chifu and Onar Stănescu) and curated by Cosmina Goagea, is presented in two venues, namely the […]
Romanian finance minister Tanczos Barna, present on Wednesday, May 7, at the Romanian Business Leaders Summit in Bucharest, said that a hard landing (signaling a sharp correction) of the Romanian economy is possible, as a “soft” landing is not very credible, considering the 8.3% budget deficit. The minister’s comments come after the Romanian stock market […]
Arctic, a Romanian brand with a tradition of over 50 years, once again confirms the appreciation it enjoys among consumers, consolidating its position as a trustworthy brand with accessible, durable products tailored to the real needs of Romanian families. According to the independent study conducted by the international certification company ICERTIAS, Switzerland, Romanians believe that […]
The second stage of the Grand Chess Tour 2025, known locally as Superbet Chess Classic Romania, kicked off on Tuesday, May 6. Marking the 10th anniversary of the Grand Chess Tour, this year’s edition brings together legendary players and key cultural and sporting figures, all in the presence of GCT founder Garry Kasparov, who was […]
As fintech reshapes global markets, UNCHAIN Fintech Festival (June 17-18th in Oradea) challenges the Central and Eastern European business landscape to reflect on a new mindset where financial innovation is deeply intertwined with every industry that shapes our economies, unlocking new opportunities for companies and customers. “The future of finance is no longer siloed. As […]
The latest study conducted by Reveal Marketing Research shows that 55% of urban Romanians know that Europe Day is celebrated on May 9, while 35% admit they do not know the exact date. Moreover, slightly over a third know its significance. The demographic breakdown reveals that men (59%) are better informed compared to women (50%) […]
