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November 19, 2002


"OSCARS" FOR CORPORATE SOCIAL RESPONSIBILITY PROJECTS
USAID and the Romanian Chamber of Commerce
Present Corporate Social Responsibility Awards
to Romanian Companies

Nine Romanian companies have implemented community projects in the cities of Bucharest, Craiova, Galati, Pucheni Mari, Constanta, Brasov, Timisoara, Cluj, Iasi and Arad, under the United States Agency for International Development (USAID) and the Romanian Chamber of Commerce's joint Corporate Social Responsibility (CRS) Program.

The program has introduced the concepts and practices of good corporate citizenship to Romanian businesses and encouraged them to actively participate in solving local community issues. As a result of the Corporate Social Responsibility Project, nine of the best proposals were selected and co-financed by USAID. The programs were successfully implemented under Chamber of Commerce coordination, and will receive awards during an Award Ceremony on November 20, 2002.

The participating companies helped local communities solve key problems: SOFTWIN and RDS endowed 26 schools and universities with IT programs, SC TINO SA produced and gave 627 pairs of shoes to the unemployed in Brasov, MOVIPLAST provided 28,000 trash bags to Craiova population for domestic garbage collection, SC MONTAJ CARPATI SA restored the Puchenii Mari school, S.C. Galfinband equipped an IT laboratory within the "Simion Mehedinti Vocational School" in Galati, SC FANTASY MOD SRL trained 20 graduates from local children homes and helped them find jobs, ENERGI-CO equipped a kindergarten in Bucharest with a new heating system, Spicul S.A. Bucharest restored parts of the Odeon Theatre, and ROMEXPO renovated the Pasarea Monastery Retirement Home.

Fred Kirschstein, Director of the USAID/Romania Private Sector Office, said: "The success of our program demonstrated that Romanian companies understand that they are citizens of the community within which they do business and, therefore, they are concerned with community problems. USAID grants represented only a third of the financial resources in the projects. The companies enthusiastically committed their own funds and employees' time. The firms showed that businesses can make social investment an integral part of their company culture, thus enhancing their profitability and public image as well as making an enormously important contribution to society."

USAID is the U.S. Government agency that provides economic development and humanitarian assistance around the world in support of the foreign policy goals of the United States. Established in 1961, USAID began operations in Romania in 1990. To date, USAID has provided more than $350 million to assist economic growth, democracy and social reform in Romania.

NOTE FOR THE PRESS: The event will take place on Wednesday, November 20, at 10:00 a.m., at the Romanian Chamber of Commerce, Octavian Goga Blvd #2, Cuza Room. Contact person: Mihaela Popescu, USAID, tel: 410 12 22.


 
 
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