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.
East European Comic Con, the 10th edition, the largest event in Eastern Europe dedicated to film, series, comics, video games enthusiasts, will take place between August 26-28 in the Romexpo complex of Bucharest, informs a press release.Actor Ross Marquand, known for both his role as Aaron in the The Walking Dead series and for […]
Romania is taking part in the Book Fair in Madrid, between the period of May 27 - June 12, in Retiro Park, with its own stand and a program that includes book presentations, recitals, debates, translation workshops and autograph sessions.According to a press release sent by the Romanian Cultural Institute (ICR), Romania's stand will have […]
The Bucharest Chamber of Commerce and Industry (CCIB) signed a Memorandum of Understanding with CCIA Tripoli, in the presence of members of the Libyan delegation and representatives of Romanian companies interested in the respective market, informs a press release sent on Thursday."The event took place on the sidelines of a visit to Romania on May […]
Fifteen locations in Bucharest, Gorj, Giurgiu and the Danube Delta area were searched on May 24 upon the request of the European Public Prosecutor's Office (EPPO), as part of an investigation on supposed frauds with European funds with prejudices of over 3 million euros, a press release of the European institution informs. EPPO suspects three […]
CFA Romania analysts estimate an economic growth of 2.3pct this year, down from previous forecasts, according to a press release of the organization sent on Thursday."Against the background of the risk aversion triggered by Russia's invasion of Ukraine, as well as high inflation, the anticipation component of the CFA Romania's macroeconomic confidence indicator continued to […]
Romania supports the involvement of the United States of America in the joint efforts aimed at consolidating European defence, Romanian Defence Minister Vasile Dincu said on Thursday, at the U.S. Embassy in Bucharest at an event marking Memorial Day."We are in a turning point of history, in a turbulent and unpredictable security context, when a […]