Italy's Ambassador in Bucharest, Alfredo M. Durante-Mangoni, said on Tuesday that there is an economic advantage to integrity, the rule of law and transparency.He spoke at the opening of "Italian Business Integrity Day" (IBID), an event organized by the Italian diplomatic mission in Bucharest.According to the ambassador, IBID is a courageous country brand initiative that highlights a new, innovative and sustainable business model.Durante-Mangoni stressed the importance of measures to prevent corruption and manage the risks of corruption. Anticorruption is an integral part of corporate governance, he added.Reputation is also a competitive advantage. Today, competition is based on sustainability standards. Sustainability includes integrity and anti-corruption measures, the ambassador said.He also pointed out the importance of cooperation between countries on these issues.The sharing of experiences is important, in the context in which both Romania and Italy face the challenge of the adequate and correct use of funds from the national recovery and resilience plans. It is important for Romania, with a view to joining the Organization for Economic Co-operation and Development, where anti-corruption and integrity standards play an important role, said Alfredo M. Durante-Mangoni.According to the Italian Embassy in Bucharest, the first edition of IBID in Romania aims to illustrate the best practices of Italian companies, the concrete experience of their organizational models for preventing corruption.Another goal is to emphasize that today, for a multinational society, integrity, corruption prevention and compliance have become essential components of its governance, part of its market strategy.
Associates of the fugitive Moldovan oligarch Ilan Șor were urged to vote for far-right candidate George Simion in the presidential elections in Romania back in May, according to the General Inspectorate of Police of the Republic of Moldova. Moldovan police made public several messages discovered on the phones of those close to Ilan Șor as […]
The month of July was nearly 2 degrees Celsius warmer than normal in Romania, with temperatures exceeding 43 degrees Celsius in the southern Oltenia region and over 40 degrees Celsius in Transylvania. Eleven new heat records were set, and there were also intense rains as well as severe hailstorms, according to the climatological summary published by […]
Romania ranks last in the European Union in terms of circular material usage, with a rate of just 1.3%, according to 2023 public data analyzed by Clean Recycle experts. Comparatively, countries such as the Netherlands (30.6%), Italy (over 20%), and Malta lead the EU rankings. A circular economy is a model of production and consumption […]
A new edition of Art Safari will take place from September 5 to December 14 in Bucharest, featuring a diverse program of art exhibitions. Highlights include "Paris Pallady," showcasing over 70 works by Romanian artist Theodor Pallady alongside pieces by Henri Matisse, in collaboration with Paris museums Musée de l'Orangerie and Musée Henri Matisse, the […]
According to a recent announcement from the Ministry of Foreign Affairs, Romania endorsed the Joint Declaration on the Security and Resilience of Submarine Cables in a Global Digitalized World, in coordination with the United States and European Union partners. The diplomatic effort takes place as allies are concerned with sabotage incidents, cyberattacks, and other forms […]
The media and entertainment industry in Romania is projected to experience steady growth over the next five years, driven primarily by the expansion of digital segments. According to the latest PwC Global Telecommunications, Entertainment & Media Outlook 2025-2029 report, the sector is expected to grow at an average rate of around 2% annually, reaching a […]
