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100 Years – The Bucharest University of Economic Studies stamp from Romania

100 Years – The Bucharest University of Economic Studies stamp from Romania
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On the 100th anniversary of the Bucharest University of Economic Studies (B.U.E.S.), Romfilatelia introduces into circulation a postage stamps issue dedicated to this event.

One century ago, the initiative of a group of young economists strongly sustained by the Minister of Industry and Commerce, A.D. Xenopol, came true when, on 6 April 1913, by a Royal Decree, they set up the first economic higher education institution of Romania: the Academy of High Commercial and Industrial Studies.

The 100 years of existence of the prestigious economic higher education institution represents, besides the history of the Romanian economics, an important contribution to the instruction of tens of generations of economists among whom outstanding personalities internationally acknowledged stood out.

On the stamp having the face value of 8.10 lei, is illustrated the Palace of the Bucharest University of Economic Studies next to the portrait of King Carol I, by whose decree this education institution was founded and on the souvenir sheet are represented prominent personalities in the history of the institution: Ion N. Angelescu, Virgil Madgearu, Nicolae Xenopol, and Victor Slavescu.

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