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 multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
The Romanian Constitutional Court (CCR) has ruled that a series of tax increases, including higher levies on housing, land, cars based on pollution norms, and stock market gains, may take effect starting January 1, 2026, Biziday.ro reported. The Court rejected a challenge filed by the opposition party AUR against the government’s fiscal reform law, on […]
