Deloitte Study: 77% of Romanian Companies Invest in Renewable Energy for Circular Economy Transition
Approximately 77% of companies in Romania are adopting renewable energy as part of their transition to a circular economy, according to Deloitte's study. The shift is driven by European regulations and the need for operational cost reductions.
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A recent Deloitte study reveals that 77% of Romanian companies are focusing on renewable energy as they transition to a circular economy. Key areas of investment also include employee training (62%) and resource optimization (54%).
Despite high interest in circularity, financing remains a challenge, with 84% of firms relying on internal funding and bank loans, and limited access to European funds. Companies face significant costs associated with retooling (58%) and renewable energy implementation (40%).
Additionally, consumer interest in sustainability is rising, although price sensitivity still dominates purchasing decisions. The uneven implementation of circular economy principles highlights the need for companies to develop internal skills and address funding challenges for long-term competitiveness.
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