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.
Over a third of Romanians, around 35%, would vote for the opposition party Alliance for the Union of Romanians, or AUR, according to data from a CURS survey published on Sunday, November 2. A further 24% of votes would support the governing Social Democratic Party, or PSD. The two other parties included in the current […]
The Romanian government and one of the most important European arms manufacturers, Rheinmetall, signed a cooperation agreement regarding the construction of a powder factory on Monday, November 3. The value of the investment is EUR 500 million, and Romania may be able to secure EU funding for it through the Security Action for Europe program, which […]
More than twenty years after launching Flavours Group, Romanian entrepreneur Raluca Țeposu continues to shape Romania’s modern food and hospitality landscape through a mix of creativity, consistency, and care. What began in 2002 as a small catering company built on the simple idea that “food should be about joy, connection, and good energy” has evolved […]
North Bucharest Investments (NBI), a real estate investment and management company, reports a transaction volume of €161 million as of the end of October 2025. By the end of the year, the company anticipates a 25% increase compared to the average level of the reporting period, driven by sustained investor interest and new investment packages […]
Cambridge School of Bucharest (CSB), one of Romania’s leading British international schools, is delighted to announce its Open Days for Admissions for the 2026–2027 academic year, to be held on Wednesday, 19 November, and Friday, 21 November 2025, at its modern campus in Pipera. The Open Days provide prospective families with the opportunity to explore […]
Romania signed a Memorandum of Understanding regarding military cooperation with Egypt on Sunday, November 2. The understanding includes exchanges of expertise, joint exercises, and concrete projects in the field of defense. After the signing, defense minister Ionuț Moșteanu said that among the topics discussed with counterpart Abdel Mageed Ahmed Abdel Mageed Saqr were the security […]
