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
Cambridge School of Bucharest shortlisted for international Tes Award recognising student-led mental health innovation

Cambridge School of Bucharest (CSB) has been shortlisted for the Student Mental Health Initiative of the Year category in the Tes Awards for International Schools 2025, becoming the only school in Romania to appear on this year’s shortlist. The nomination recognises CSB’s pioneering, student-led approach to promoting well-being across the Secondary School and reflects the […]

Romanian Film Festival UK kicks off in London this week

The Romanian Film Festival UK (RFF25UK) begins this week with a program showcasing a selection of new and archive Romanian feature films, documentaries, and shorts. The festival will open with the UK premiere of Traffic, Romania's 2026 Academy Awards entry. The film is directed by Teodora Ana Mihai from a screenplay by Palme d'Or–winning filmmaker […]

Romania has 1,500 state-owned companies, govt. plans unified registry as part of reform

The government is preparing a major overhaul of state-owned companies, deputy prime minister Oana Gheorghiu announced on Monday, November 24, unveiling plans for a unified registry and initial reforms targeting 10 key enterprises. According to her, Romania currently has 1,502 state-owned companies, including 230 at central level and 1,272 under local authorities. Among central entities, […]

Two Romanians detained in Germany after running after plane at Cologne airport

Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21.  The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]

NOËL designer gift fair returns to Bucharest for 16th edition in December

NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]

Bucharest’s National Day parade to feature Romanian and allied troops, military equipment

Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]