„Reaching the Paris Agreement and EU’s climate objectives requires a transformation of the financial system in a facilitator of financial resources towards projects that contribute to a low-emission economy, resilient in front of climate changes effects. The Romanian economy requires significant investments to achieve these objectives. A recent study published by the National Committee for Macroprudential Oversight (CNSM) estimates the total value of green projects that are expected to be implemented in Romania by 2030 at around EUR 60 bn. It is a significant financing need which requires contribution from all relevant stakeholders (banking sector, international financial institutions, investors through debt capital markets, shareholders, public authorities).”, said Romulus Mircea, Head of Treasury Raiffeisen Bank Romania.

„The issuance of green and sustainability bonds is part of Raiffeisen Bank’s sustainability strategy and underlines our firm commitment (i) to contribute to Romania’s transition towards a durable economy and inclusive society as well as (ii) to support local capital markets development through sustainable finance instruments. Through the latest EUR 300 mn Eurobond issuance in sustainability format we aim to fund eligible projects that support both green transition – with focus on renewable energy, circular economy, green buildings, clean transportation or sustainable agriculture – as well as social development through financing of SMEs and access to essential services and infrastructure in underdeveloped regions across Romania.”, he added.

Romulus Mircea, Head of Treasury Raiffeisen Bank Romania, is one of the speakers of THE SUSTAINABILITY CHALLENGE 2023 in the Financing panel.

On October 26, 2023, MIRSANU.RO transaction journal is hosting an OFFLINE event for business leaders, entrepreneurs, bankers, investors, advisors and other important stakeholders involved in the sustainability chain.

The event’s partners are Alro, Erste Asset Management Romania, Raiffeisen Bank Romania and Dentons. Hydration partner for this event is La Fantana.

About MIRSANU.RO

MIRSANU.RO is the first Romanian media product consisting of news, analyses, interviews and opinions exclusively addressing transactions and industry professionals. We provide information on three main areas – mergers & acquisitions (M&A), financing, and capital market transactions. MIRSANU.RO is a B2B (BUSINESS TO BUSINESS) media product exclusively targeting executives, entrepreneurs, business owners, investors and founders, as well as a B2P (BUSINESS TO PROFESSIONALS) product, with information addressing the activity of the professional mergers & acquisitions (M&A) and overall the dealmakers community, consisting of investment fund managers, lawyers, investment bankers, bankers, strategy consultants, auditors, as well as other transaction-related professional service providers.