The national anti-fraud strategy for the protection of the financial interests of the European Union in Romania, 2023 - 2027, was approved on Thursday in the government meeting, the Executive informs, in a statement sent on Friday."The Anti-Fraud Department (DLAF) is the national anti-fraud coordination service and the contact institution with the European Anti-Fraud Office that ensures, supports and coordinates, as the case may be, the fulfillment of Romania's obligations regarding the protection of the financial interests of the EU, according to the provisions of art. 325 of the Treaty on the Functioning of the EU," the press release reads.The National Anti-Fraud Strategy (SNLAF) aims to coordinate fraud prevention efforts, undertaken by all national partners, for a high and healthy absorption of European funds, including those allocated to Romania through the Recovery and Resilience Mechanism, as well as for a full budgetary contribution of Romania to the EU budget.The general objectives of SNLAF aim at the prevention and detection of fraud, administrative investigation and criminal prosecution, the recovery of funds and the imposition of sanctions, the Executive also says.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
