Tag: Romania

Company fined $70 million for importing US biodiesel via Canada to Romania

Company fined $70 million for importing US biodiesel via Canada to Romania

September 29, 2014 |

In Romania, KazMunayGas Trading will have to pay $70 million Romanian tax administration agency ANAF for US biodiesel imports that were shipped via Canada following a lawsuit initiated by Austrian oil company OMV. The case started as a result of an investigation by the EU’s fraud office OLAF.  

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Romania and Austria go in together on Romanian biogas plant

Romania and Austria go in together on Romanian biogas plant

December 2, 2013 |

In Romania, the Romanian Commercial Bank has entered a financing deal with First Biogaz to construct a 1.5MW biogas plant in northern Romania. The plant represents a $8m investment, and the output will cover the energy consumption of around 4500 households. First Biogaz is a member of Austria’s Biogest, which has worked on over 90 […]

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IATA urges biofuels cooperation in Eastern Europe

IATA urges biofuels cooperation in Eastern Europe

September 16, 2013 |

In Europe, IATA is urging the governments of Eastern Europe to consider three areas for partnership with the aviation industry, citing the biofuels industry as a tool to unite the countries. Sustainable biofuels, IATA argued, will be a part of the long-term environmental solution, and will help to avoid trade wars. Camelina grown in Romania […]

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Romania's Expur lands $42M in new financing for rapeseed, sunflower expansion

Romania's Expur lands $42M in new financing for rapeseed, sunflower expansion

September 8, 2011 |

In Romania, the European Bank for Reconstruction and Development (EBRD) has approved a €30 million (US$42.1 million) syndicated financing package to Expur S.A., a local oilseed processing company, in order to support the diversification of Romanian agribusiness. Expur crushes rapeseed and sunflower seed, produces crude rapeseed oil, refined edible sunflower oil, as well as rapeseed […]

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Expur wins $112M in new financing for Romanian oilseed, biodiesel production

Expur wins $112M in new financing for Romanian oilseed, biodiesel production

[ 0 ] November 3, 2010 |

In Romania, the European Bank for Reconstruction and Development has awarded biodiesel producer Expur with a $112 million syndicated financing package to help the company expand its operations by upgrading its crushing plant and adding additional working capital. Currently it produces and crushes rapeseed and sunflower to producer crude oil, edible oil and biodiesel. The […]

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