Romania is going to benefit from financial assistance from the USA worth approximately 10 million US dollars to strengthen and make more efficient its policies in preventing and combating minor trafficking.Thus, the Executive approved, on Wednesday, a memorandum regarding the conclusion of a Partnership between the Government of Romania and the Government of the United States of America, according to a press release sent by the Government."Through this Memorandum, the text of the Child Protection Compact (CPC) Partnership to be signed between the Government of Romania and the Government of the United States of America has been approved, through which Romania will benefit from financial assistance worth approximately 10 million US dollars to strengthen and make more efficient its policies in preventing and combating minor trafficking," the source said.The Child Protection Compact (CPC) Partnership is circumscribed by the Strategic Partnership between Romania and the USA. It would take place for a period of five years and is structured on four objectives: prevention, protection, prosecution and cooperation between government authorities and the civil society.The identified objectives are in accordance with the National Strategy Against Trafficking in Persons for the period 2024-2028. Thus, the following are targeted: the creation of a Centre of Excellence for the Digital Child Safety within the Ministry of Family, Youth and Equal Opportunities - the National Authority for the Protection of Children's Rights and Adoption; the creation of a National Centre for Combating Abuse and Sexual Exploitation of Minors in the Online Environment, at the level of the General Inspectorate of the Romanian Police/Ministry of Interior; increasing the degree of awareness, sensitization and information regarding the trafficking of minors and child pornography, including for the improvement of proactive identification and the consolidation of specialized training of those who come into contact with potential minor victims.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
