Measures that contribute to supporting the business environment need to be expanded and a fiscal system that encourages responsible capitalism should be put in place, considers Robert Sova, vice-president of the Upper Council of Romania's Chartered Accountants and Experts Body (CECCAR), as cited in a statement.Together with the Daruieste Viata/Gift of Life Association and the Marie S. Curie Children's Emergency Clinical Hospital, CECCAR organized at the beginning of this week the event "Together, for successful projects", which brought together professional accountants and entrepreneurs.The important role incumbent on the state, through the establishment of measures that encourage the business environment to engage in social good causes was one of the subjects discussed at the meeting."The state - professional accountant - entrepreneur - civil society partnership can create a new business model, in which social good becomes a central element. (...) It is time for us to promote responsible capitalism, a business model in which profit goes hand in hand with the positive impact on our communities," said Robert Sova.The importance of increasing the number of companies that use fiscal incentives, such as profit tax redirecting, to support social causes was also reiterated.Representing the Daruieste Viata Association, Carmen Uscatu and Oana Gheorghiu spoke about the project that today offers some of the children cared for at the Marie Curie Hospital optimal treatment conditions in modern spaces, helping them forget at times that they are in a hospital.According to estimates presented by the association, only 50% of companies use the facility to direct 20 percent of the profit tax to non-profit organizations.
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
Romanian dairy producer Artesana will begin construction of a new factory in 2025, an investment estimated at EUR 8-10 million with production specialised in cheese products scheduled to start in 2027, Mediafax.ro reported. The company said...
Roșii Românești, a company registered in Timișoara as part of the Polish group Citronex, has begun its planned EUR 20 million investment in the construction of a modern hydroponic tomato greenhouse complex, accompanied by a packaging space, road infrastructure, logistics platforms, and utility connections. The documents have been submitted to the Environmental Agency, and production […]
The government of Romania announced on December 10 that it had adopted measures "to rebalance the cooperation" with OMV Petrom for the next 15 years and a principled agreement between the two parties that "creates the premises for a balanced and predictable relationship, aimed at contributing to the consolidation of the country's energy independence for […]
