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.
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
The Bucharest National Opera will open the Romania–Italy Cultural Year 2026 with a gala concert in Rome on December 1, Romania’s National Day. The event, hosted at the prestigious Teatro dell’Opera di Roma, is organized by the Romanian Embassy in Italy in partnership with the Bucharest National Opera and supported by Romania’s Ministry of Foreign […]
