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.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
