Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. PwC will invest 6 million USD to develop...

PwC will invest 6 million USD to develop environment, sustainability and governance policies in CEE states, Romania included

October 27, 2021

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.

Read in full - click here
Romanian film review – European Film Festival. A Selection: Lovers, Pranksters, and Ghosts

It's almost impossible to think about anything not related to elections this weekend but if you should need some distraction, there are options. Happening now is the European Film Festival, screening recent productions from the continent, very varied in theme, tone, and genre. The fest is playing Bucharest, Sfântu Gheorghe and Timișoara until Sunday and […]

Modernization work begins at Bucharest’s Henri Coandă Airport terminals in EUR 22 mln investment

Modernization work is ready to start at Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, following an investment of over RON 112.4 million (some EUR 22 million) led by the National Company Bucharest Airports (CNAB), news agency Agerpres reported.  The company...

Paris Hilton sends message to Romanian fans ahead of festival in Craiova

Paris Hilton, who will be present at IntenCity Craiova, a festival organized this summer between June 26–29, sent a message to her fans in Romania. "I'm excited to perform at the IntenCity Festival on June 28. It's going to be so much fun! See you there," Paris Hilton told those who will come to Craiova. […]

SeeYou app connects visually impaired individuals with volunteer guides in Romania

AMAIS (Association for Alternative Methods of Social Integration) has officially launched the SeeYou mobile app, an innovative platform that connects visually impaired individuals with volunteer guides who can accompany them during everyday activities - from medical appointments or shopping to park strolls or cultural events.  SeeYou is the first mobile app of its kind in […]

Romanian investment management company lists new ETF to track BET index

SAI Broker, a Romanian investment management company part of BRK Financial Group, listed a new ETF on the Regulated Market of the Bucharest Stock Exchange (BVB) on May 16, under the stock symbol BKBETETF. The ETF aims to fully replicate the structure of the main index, BET. The BET index reflects the evolution of the […]

Romania’s Port of Constanța to receive EUR 254 million investment

An investment of over RON 1.26 billion, approximately EUR 254 million, is set to be made in the Port of Constanța, to increase maritime transport capacity and the volume of commercial exchanges. The funds will be used for the construction of a quay and the development of a port area covering 550,000 square meters. The […]