Real estate developer Genesis Property announced that it had implemented a renewable energy project in an office park in Romania, installing more than 1,000 photovoltaic pannels on an area of 4,000 sq.m., on the roofs of office buildings within Yunity Park in the north of Bucharest, following an investment of 1 million euros. This project is part of a series of sustainable development initiatives of Genesis Property by which it will tunr Yunity Park into a new real estate concept. Genesis Property, the first real estate group in the country which became signatory of UN Global Compact on human rights, labor, fight against climate changes and environment protection, intended to reduce carbon emissions to zero until 2040. Reducing environment impact becomes an important preoccupation for Romanian employees, in the context of preoccupations concerning climate changes, while green measures expectations increase, accprding to a Genesis Property survey made this year among 1,180 employees around the country. Thus, employees consider that environment protection measures in office buildings and homes are very important, while 70% of them expect a sustainable approach and more initiatives for the environment. “We make a first steo forward in the effort of aligning the present NZEB (Nearly Zero Energy Building) concept for zero emission buildings (ZEB), thus aligning the energy performance demand of the present Energy Performance of Buildings Directive with the EU long term climate neutrality objective. YUNITY Park is designed as a future example of sustainability, not just for present challenges,”said Ioan Bejan, Genesis Property sustainability manager. Genesis Property also made a detailed evaluation of buildings and area surrounding Yunity Park and identified an additional set of measures to reduce energy consumption , even if all buildings were included in the highest energy efficiency class -A. The 1.080 photovoltaic pannels installed on Yunity Park buildings will produce between 650 and 680 Mwh/year, according to weather conditions. Other measures to be implemented include: interior and exterior LED illumination, modernzing heating and cooling installations to reduce consumption, introducing sensors for more efficient management of utilities and waste reduction. Genesis Property is the owner, developer and operator of class A office buildings in Romania, with an experience of about 20 years in real este industry. The company owns and manages Yunity Park and West Gate Business District with over 150,000 sq.m of office area occupied by important companies such as HP, Accenture, Societe Generale, Citibank, Ericsson, Garanti BBVA, Infineon, Luxoft, Yokogawa, Siemens and Alpha Bank, where over 20,000 employees work. Genesis Property resumed its engagement to adapt its investment and operational strategy to fully contribute to backing major EC projects, assumed through the European Ecological Accord of reducing by 55% greenhouse gas emission effect by 2030 and reaching climate neutrality by 2050. Genesis Property is also the developer of the first private student campus in Romania, West Gate Studios, and the 4 star accommodation union Studio One Accommodation Suites.
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 […]
