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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
