Tag: BCR (9 articles)

Regulation   |   19 May, 2023 at 9:00 AM

Romania should have a body to regulate the ESG field

Romania should have a body that regulates the ESG field (environment, social, and governance), and the ministries should prepare sustainability reports, says Călin Ionescu, CEO of Sphera Franchise Group. Although there is an obligation to publish the ESG report for all companies with over 500 employees, apart from multinationals, most do not publish it because there is no sanction.

Finance   |   18 May, 2023 at 9:00 AM

BCR finances the development of associations and social enterprises

In 2022, BCR granted funding of approximately €2.5 million for the development of associations and social enterprises, supporting the creation of approximately 1,800 jobs. More than 67,000 children and adults learned to build a better relationship with money through financial education workshops organized by BCR volunteers and partner associations. More than 160 NGOs were supported to develop impact programs in local communities.

Business   |   16 May, 2023 at 9:08 AM

Sustainability Academy launches in Romania

The Sustainability Academy was launched, the first social and educational platform dedicated to SMEs in Romania, with free access. The Sustainability Academy is a Sustainable Futures brand project initiated by Social Innovation Solutions together with the Coca-Cola Foundation, founding partner, and BCR, main partner. The Sustainability Academy aims to help SMEs willing to adopt sustainability strategies and aims to increase the number of sustainable businesses in Romania.

Finance   |   15 February, 2023 at 3:17 PM

Changing job titles is not enough, mindsets need to change

Some of the key components of the necessary framework to support sustainability and attract additional investment for companies are transparency, monitoring and reporting, says Ilinka Kajgana, Executive Vice President Risk, Member of the Executive Committee at BCR.

Finance   |   2 January, 2023 at 1:16 PM

Pehart extends syndicated loan to €78 million

Pehart Group, one of the largest tissue paper producers in Southeast Europe and the largest producer and processor of household paper products in Romania, is extending the syndicated loan obtained two years ago to €78 million.