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
A legacy that continues to inspire: JW Marriott Bucharest Grand Hotel Celebrates 25 years in Romania

JW Marriott Bucharest Grand Hotel marks a milestone that goes far beyond an anniversary this year. It celebrates 25 years of stories — of people, vision, and the unwavering belief that hospitality has the power to shape a city’s spirit. “Marking 25 years is, first and foremost, a statement of trust. Guests have chosen JW […]

Romanians think the healthcare system is poor and overstretched, study shows

Three-quarters of Romanian citizens believe that the national healthcare system offers poor services, and 70% think that it is overstretched, according to the seventh edition of the Ipsos global report on health services, carried out in 30 countries, including Romania. The study analyzes the population’s perceptions of healthcare systems, major issues in the field, and […]

Authorization for 11-story building close to Bucharest’s famous Bellu Cemetery sparks controversy

An 11-story building is currently being built next to the graves in Bucharest’s famous Bellu Cemetery, and the project, authorized by the District 4 City Hall in 2023, has sparked controversy in the context of local elections for general mayor. District 4 City Hall, led by Daniel Băluță, currently a candidate for the position of general […]

Romania selects its first-ever Bocuse d’Or team this week

Romania is preparing to select its first-ever national team for the Bocuse d’Or, marking the country’s official debut in the prestigious culinary competition. The Bocuse d’Or Romania National Selection will take place on November 27 in Brașov, where five teams will compete over six hours for a single place in the 2026 Bocuse d’Or Europe […]

Prosecutors conduct searches in case concerning Russian millionaires living under Romanian identities

Prosecutors and police in Romania conducted 17 searches on Tuesday, November 25, in a case concerning falsified documents for persons from Russia, Ukraine, the Republic of Moldova, and other states of the former USSR. The searches mainly took place in Suceava county, on the border with Ukraine, but also in Bucharest. Some of the targeted individuals […]

HILS Development to invest EUR 200 mln in new 2,700-apartment project in northern Bucharest

HILS Development has announced a EUR 200 million investment in a new large-scale mixed-use residential project in northern Bucharest, marking the company’s expansion into one of the capital’s most dynamic growth areas. The development, called HILS Nord, will span 10 hectares near Lake Șaulei and feature 2,705 apartments alongside green spaces, retail areas, and other […]