PwC Central and Eastern Europe (CEE) announced on Tuesday that it will invest 6 million USD in the ext 2 years to develop services devoted to environment, sustainability and governance policies in the 29 states in the area, Romania included and will set up an excellence center to council customers about strategy and report in the field. The announcement was made on the occasion of the regional launch of a new global strategy “The New Equation”, based on four pillars: ESG, upskilling, people and reducing carbon emissions. At the same time, PwC CEE will continue investments in consolidating services for customers: extensive audit, digital transformation, preventing financial crime. Cloud computing, robotics and automation. “Under the pressure of regulations, investors and society, the business environment should prove it can create long term value by managing ESG problems. In this context, companies will make the transition to efficient, responsible and transparent operation ways, which need transformation, demands for conformation, report and implementation of adequate technologies”, said Dinu Bumbacea, country managing partner PwC Romania and Moldova. PwC CEE has in view the extension of pro bono work in the whole area to improve digital competences of children and needy communities. The company already has an education program initiated by Romania in the field of cyber security in five countries in the region, which will be extended to other areas. The company will allocate over 10 million dollars to develop employees and the implementation of Flexible Friday. Considering the changing tendency of labor force and the impact of pandemic on employees, PwC CEE has officially implemented a hybrid work polocy in the area, expectations being that 40-60% of work time should be remote for a long time.
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
