Download - Ghid Apl - Web

Transcript
  • PARTICIPAREA PUBLICULUI N PROCESELE DE 3/$1,),&$5(85%$1UHVXUVHSHQWUXDGPLQLVWUDLDSXEOLFORFDO

    un material realizat n cadrul proiectului CUPA

    N

  • INTR

    ONoi suntem

    ([LVWDVRFLDLLFDUHDXIRVWFUHDWHGHSHUVRDQHFDUHYRUVSURPRYH]HSULQFLSLLJHQHUDOHGHFLFDUHQXDXIRVWFUHDWHFDUHDFLHODXQSURLHFWVDXODRVLWXDLHSXQFWXDOFLPHPEULLORUVDXDVRFLDWSHQWUXFYRUVDFLRQH]HQWUXQPRGVLVWHPDWLFSHQWUXSURWHFLDSDWULPRQLXOXLVDXSHQWUXSURWHFLDPHGLXOXLVDXSHQWUXSURPRYDUHDELFLFOHWHLDWUDQVSDUHQHLGHFL]LRQDOHDGH]YROWULLGXUDELOHQWRDWHDVSHFWHOHDFHVWHLDHWF2DPHQLLFDUHIDFSDUWHGLQDFHVWHRUJDQL]DLLSRWIDFHDVWDILHQWLPSXOORUOLEHUILHFDDFWLYLWDWHSURIHVLRQDOSULQFLSDO

    $FWLYH:DWFK$JHQLDGH0RQLWRUL]DUHD3UHVHLRRUJDQL]DLHFDUHPLOLWHD]SHQWUXFRPXQLFDUHOLEHUQLQWHUHVSXEOLF6XQWHPDWHQLODJUDGXOGHGHVFKLGHUHDLQVWLWXLLORUFWUHFHWHQLSHFDUHQFHUFPVLVWLPXOPSHQWUXDSDUWLFLSDODYLDDSXEOLFZZZDFWLYHZDWFKURZZZEORJDFWLYHZDWFKUR

    $VRFLDLDSHQWUX7UDQ]LLH8UEDQXQJUXSGHUHIOHFLHWKLQNWDQNSHWHPHXUEDQHGH]YROWDUHLSROLWLFLXUEDQHFXOWXUXUEDQPRELOLWDWHGXUDELOLSDWULPRQLXVSDLXSXEOLFORFXLUHFROHFWLYLFRPEDWHUHDH[FOX]LXQLLVRFLDOH&RQVWLWXLWFDDVRFLDLHQRQJXYHUQDPHQWDOQ$78SURPRYHD]VWXGLLOHLDERUGULOHLQWHULWUDQVGLVFLSOLQDUHDYQGPHPEULFDUHSURYLQGLQGLVFLSOLQHGLYHUVHSUHFXPDUKLWHFWXUDXUEDQLVPXOVRFLRORJLDGUHSWXOXUEDQDQWURSRORJLDeconomia.ZZZDWXRUJUR

    *UXSXOSHQWUX'H]YROWDUH/RFDORUJDQL]DLHGHGLFDWGH]YROWULLFDSDFLWLLVHFWRUXOXLSXEOLFGHDLPSOLFDFHWHQLLLVHFWRUXOSULYDWQSROLWLFLOHGHGH]YROWDUHFUHGHPFDGPLQLVWUDLDSXEOLFPDLFXVHDPFHDORFDODUHSRWHQLDOXOGHDGHYHQLSHUIRUPDQWLUHVSRQVDELODVWIHOQFWVLH[HUFLWHFXDGHYUDWUROXOGHSURPRWRULIDFLOLWDWRUDOGH]YROWULLGXUDELOHKWWSZZZJGOUR

    0XOXPLULYROXQWDULORU6LOYLD%XUFHD5]YDQ=DPILUD$OH[DQGUX*KHRUJKH

    3HQWUXPDLPXOWHLQIRUPDLLFXSULYLUHODSURLHFW ZZZRUDVXOHVWLWXUR $WHSWPUHDFLLVIDWXULVDXQWUHEULSHDGUHVDGHHPDLORUDVXO#DFWLYHZDWFKUR

  • Cuprins

    CE? 'HFHHVWHQHYRLHVSODQLILFP" ....................................................................................................4&DUHVXQWSURYRFULOHRUDXOXLLDOHSODQLILFULLVSDLDOHSHQWUXGHFLGHQW" ................8&DUHVXQWLQVWUXPHQWHOHGHSODQLILFDUH" .....................................................................................12

    CINE? &HUHODLLH[LVWQWUHSROLWLFLXUEDQHSODQXULLSURLHFWHQ5RPQLD" ...........................14&XPWUHEXLHVUVSXQGDXWRULWDWHDSXEOLFORFDOODLQLLDWLYHOHSULYDWH" ..............18&HQVHDPQLGHFHHVWHQHFHVDUFRRSHUDUHDQWUHSURIHVLRQLWLGHFLGHQLORFXLWRUL" ......................................................................................................................................................20

    CUM? &DUHVXQWSURYRFULOHSDUWLFLSULLQSURFHVXOGHSODQLILFDUHXUEDQ" ............................26&DUHVXQWYDORULOHGHED]SHQWUXSUDFWLFDUHDSDUWLFLSULLSXEOLFHQSODQLILFDUHLSURLHFWDUHXUEDQ" .................................................................................................................................29&DUHVXQWHWDSHOHLLQVWUXPHQWHOHLPSOLFULLFHWHQLORUQSODQLILFDUHDXUEDQ" ........................................................................................................................32

    678',,'(&$= .................................................................................................................................58

  • ,QWURGXFHUH

    &HYRPIDFH"QYP3HVWHGHPHPEULDQJDMDLVDXYROXQWDULDLRUJDQL]DLLORUSDUWHQHUHDXIRVWLQVWUXLLQGRPHQLXOSROLWLFLORUSXEOLFHXUEDQH&XUVXULOHLDXSUHJWLWSHQWUXLQWHUYHQLDQGH]YROWDUHDXUEDQPHFDQLVPHOHGHSDUWLFLSDUHSXEOLFPDQDJHPHQWXOFRPXQLFDUHDSXEOLFLLQWHULQVWLWXLRQDOLQRUPHOHLSUDFWLFLOHSHQWUXDVLJXUDUHDWUDQVSDUHQHLGHFL]LLORUSXEOLFH$PDIODWFXPDXIFXWDOLLQ9HVWFKLDUGHODH[SHULVWULQLQGH]YROWDUHXUEDQ

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

    INTRO

  • INTR

    OUHHDXDGHDSVWU]LJXQRLSDUFXULFOGLULFROLLVSLWDOH'HDFHHDYRUELPPHUHXGHVSUHWUDQVSDUHQDGHFL]LLORUSXEOLFHLSDUWLFLSDUHSXEOLF$WWSODQLILFDUHDFWLSURLHFWDUHDXUEDQDXGHDIDFHFXVWDELOLUHDPRGXOXLQFDUHYDILIRORVLWLYDDUWDXQVSDLXQYLLWRU$PEHOHDERUGULVXQWFXSULQVHQVIHUDGHVHPQLILFDLHDFXYQWXOXLXUEDQLVP3ULQXUPDUHDWXQFLFQGVHIDFHUHIHULUHODFRQFHSWXOGHXUEDQLVPSDUWLFLSDWLYDPEHOHDERUGULDUWUHEXLVVHSRDWUHJVL3ODQLILFDUHDSDUWLFLSDWLYHVWHOHJDWGHSURFHVHOHGHSUHJWLUHLDSUREDUHDXQRUVWUDWHJLLGHGH]YROWDUHORFDOGHVWDELOLUHDSULRULWLORURUDXOXLGHVWDELOLUHDXQRU]RQHFXDQXPLWHYRFDLLIXQFLRQDOHQFDGUXOORFDOLWLLGHKRWUWFDUHVILHDFHOHORFXULQRUDXQGHVVHIDFSURLHFWHGHDQYHUJXULFDUHVILHPL]HOHDFHORUSURLHFWH&XSULYLUHODSURLHFWDUHDXUEDQSDUWLFLSDUHDQVHDPQLPSOLFDUHDORFXLWRULORUQFDOLWDWHGHEHQHILFLDULFDUHWLXFHOPDLELQHPRGXOQFDUHYRUIRORVLXQDQXPLWVSDLX$VWIHOFDUWUHEXLVFRPXQLFHDFHDVWFXQRDWHUHFWUHFHLFDUHHODERUHD]SURLHFWXOGHDPHQDMDUHLFRQVWUXFLH

    QDQLLGHGXSDOGRLOHDU]ERLPRQGLDOPDMRULWDWHDGHFL]LLORUGHVSUHFXPLXQGHWUHEXLHVORFXLDVFVPXQFHDVFVVHUHOD[H]HLVFOWRUHDVFRDPHQLLHUDXUH]XOWDWXOOHJWXULORUGLQWUHVIHUDDGPLQLVWUDLHLSXEOLFHLVIHUDSULYDW&RPXQLWDWHDORFDODYHDXQUROIRDUWHUHGXV(HFXULOHDFHVWXLPRGGHOXFUXQXDXQWU]LDWVDSDULVDXPDQLIHVWDWSULQHIHFWHQHIDVWHDOHXQRUUHORFULPDVLYHGHSRSXODLLSHQWUXSURLHFWHGHLQIUDVWUXFWXUVDXSULQDSDULLDXQRUVXEXUELLGLVIXQFLRQDOH

    QFHSQGFXDQLLORFXLWRULLDXQFHSXWVSXQODQGRLDOSUHWHQLLOHH[SHULORUFXPFHLWLXFHOPDLELQHGHVSUHFXPWUHEXLHVIDFLORFXULLFXPVIRORVHWLWHULWRULXO(UDXGLQFHQFHPDLFRQWLHQLGHIDSWXOFGLQFRORGHLQVDWLVIDFLLHLDYHDXGHRIHULWLQIRUPDLLGHVSUHFXPHVWHXWLOL]DWVSDLXOQFRWLGLDQGHVSUHFXPIXQFLRQHD]LFXPHVWHSHUFHSXWLQHOHVXQORFSHFDUHHLOFXQRWHDXFHOPDLELQH'HFLSXWHDXRIHULLQIRUPDLLLPSRUWDQWHSHQWUXPEXQWLUHDFDOLWLLDFHOXLloc.

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

    'XSRVHULHGHH[HPSOHGHDFHVWIHOWUHSWDWFHWHQLLVDXRUJDQL]DWSHQWUXDXUFDSHVFHQDXQGHVHOXDXDFHVWHGHFL]LLQDSURDSHGHDQLOHJLWLPLWDWHDFHWHQLORUGHDSDUWLFLSDODGHFL]LLVDFRQVWUXLWPSUHXQFXFDSDFLWDWHDORUGHDQHOHJHLXUPULSURFHVHOHGHOXDUHDDFHVWRUGHFL]LL

  • QSUH]HQWH[LVWDFRUGXULLQWHUQDLRQDOHPHWRGHLLQVWUXPHQWHFDUHVHSUHGDXQIDFXOWLGHXUEDQLVPVDXQGLYHUVHFXUVXULGHIRUPDUHSURIHVLRQDOFD]XULGHEXQSUDFWLFLOHJLVODLHVSHFLILFSHQWUXDDVLJXUDXQFDGUXIDYRUDELOSDUWLFLSULLFHWHQLORUODGHFL]LLOHFDUHSULYHVFFDGUXOORUGHYLD([LVWDFXPDFRUGXULLQWHUQDLRQDOHFRQYHQLDGHOD$DUKXVFHVXVLQGUHSWXOFHWHQLORUGHDFXQRDWHFRQLQXWXOGHFL]LLORUFHPRGLILFPHGLXOORUGHYLD

    'HLQXHVWHQFRSUDFWLFIRDUWHGHVQWOQLWQ5RPQLDORFXLWRULLDXQFHSXWVVHUHXQHDVFQJUXSXULVDXQDVRFLDLLDWXQFLFQGDXGHDSUDWXQLQWHUHVVSHFLILF6XELHFWXOFDUHLDGXFHPSUHXQLQHGHUHDOLWLOHDFHOXLFDUWLHU$FHVWHJUXSXULLDVRFLDLLVHFUHHD]FDUHDFLHODSURLHFWHDOHPXQLFLSDOLWLLVDXDOHXQRUSURSULHWDULGHWHUHQXUL5HDFLLOHVXQWGHRSR]LLHGHFHOHPDLPXOWHRUL

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

    $FHVWPDWHULDOYLQHQVSULMLQXOFHORUFDUHFDXWVQHOHDJXWLOLWDWHDSODQLILFULLXUEDQHLXWLOLWDWHDLQIRUPULLLFRQVXOWULLORFXLWRULORUQGHPHUVXOGHSODQLILFDUHLLPSOHPHQWDUHDPVXULORUGHGH]YROWDUHXUEDQ6XQWRIHULWHGHILQLLLVROXLLSUDFWLFHLH[HPSOH

    INTRO3

  • '(&((67(1(92,(63/$1,),&0"

    'HODELURXOXQXLSULPDU2SODQLILFDUHEXQYDWUDQVIRUPDRUDXOWX$QLEDO*DYLULD&RUUHDSULPDUDORUDXOXL0HGHOOLQGLQ&ROXPELDSHQWUX

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

    5VSXQVXULOHQFDGUXODFHVWHLVHFLXQLVHED]HD]SHWUDGXFHUHDXQXLPDWHULDOFDUHYDILODQVDWQLDQXDULH3ODQLILFDUHXUEDQSHQWUXIDFWRULLGHGHFL]LHDLRUDHORU(VWHRSXEOLFDLHUHDOL]DWGH81+DELWDWQSHQWUXFDUHHFKLSDGHSURLHFW&83$DRELQXWGUHSWXULOHGHWUDGXFHUHLGLIX]DUH

    CE&("N

    4

  • 'HFHDODOWSDUWHOLGHULLFHQXDFLRQHD]SRWUDWDRRSRUWXQLWDWHUDUGHDWUDQVIRUPDRUDHOHGLQSXQFWGHYHGHUHHFRQRPLFVRFLDOLHFRORJLF2UDHOHSUHJWLWHDXOLGHULSURDFWLYL2UDVHOHDXQHYRLHGHOLGHULYL]LRQDULFHDQWLFLSHD]SUREOHPHOHLLDXPVXULSUHYHQWLYH

    1XH[LVWGHILFLWGHLGHLGHVSUHRUDHXQHOHDYQGPDLPXOWHSODQXULGHFWHVWHQHYRLHGHLHVWHSXLQSUREDELOFDPXOWHGLQWUHDFHVWHDVILHDSOLFDWH([LVWRQHYRLHXUJHQWGHDPEULDRDERUGDUHFXSULYLUHODSODQLILFDUHDXUEDQFHSRDWHDVLJXUDVFHQDULLGH]LUDELOHFRQFHSXWHSULQFRRSHUDUHQWUHDFWRULLXUEDQLLXWLOL]DUHDHILFLHQWDUHVXUVHORU3ODQXULOHWUHEXLHVPHDUJGLQFRORGHUHJOHPHQWULLUHVWULFLLQYHGHUHDFRQVWLWXLULLXQRUFRQWH[WHGHFRODERUDUHIOH[LELOHVLUHFHSWLYHFRUHODWHFXimplementarea.

    6DUFLQLOH]LOQLFHDOHDGPLQLVWUDLHLSXEOLFHORFDOHQXOHRIHUOLGHULORUSUHDPXOWWLPSSHQWUXDVHJQGLODVWUDWHJLLSHWHUPHQOXQJFHDUSXWHDGXUDPDLPXOWGHFWXQPDQGDW'HSDUWDPHQWHOHJXYHUQDPHQWDOHQXDXDGHVHDUHVXUVHOHSHQWUXDSUHOXDLQLLDWLYDVFKLPEULORUSHWHUPHQOXQJLDSUREOHPHORUFRPSOH[HFHQHFHVLWUVSXQVXULLQWHUGHSDUWDPHQWDOH&RRUGRQDUHDLOHDGHUVKLSXOVXQWHVHQLDOHSHQWUXDDWLQJHRELHFWLYHOH1XH[LVWIRUPXOHGHVXFFHVLPHGLDWHLXQLYHUVDOHH[LVWPXOWHDERUGULFDUHDXIRVWQFHUFDWHLFDUHSRWVVSULMLQHLVLQVSLUHDOLOLGHULORFDOLSHQWUXDLSODQLILFDRUDHOH

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

    $GHVHDOLGHULLORFDOLYGSODQLILFDUHDXUEDQFDVLPSOHGHVHQHLLPDJLQLYLLWRDUHDOHRUDXOXLIUVVHJQGHDVFFXPSRDWHDFHVWSURFHVLGHFL]LLOHFDUHVHLDXVGHYLQFRORDQYHUWHEUDODWUDQVIRUPULLXUEDQH

    3ODQLILFDUHDXUEDQQXLQHGHLPDJLQLFLUHSUH]LQWXQFDGUXFHLDMXWSHOLGHULVWUDQVIRUPHRYL]LXQHQUHDOLWDWHXWLOL]QGVSDLXOGUHSWUHVXUVDFKHLHSHQWUXGH]YROWDUHLLPSOLFDUHDSULORUinteresate pe parcurs.

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

    2JQGLUHSHWHUPHQVFXUWLRDERUGDUHUHDFWLYQXVXQWVXILFLHQWHSHQWUXDSUHJWLFUHWHUHDRUDHORU(VWHGRYHGLWIDSWXOFRUDHOHFDUHDQWLFLSHD]SUREOHPHOHVXQWPXOWPDLFDSDELOHVOHLUH]ROYH

    5

  • =HFHPRWLYHSHQWUXSODQLILFDUH

    2UDHOHSURVSHUHDXXQFDGUXSHQWUXGH]YROWDUH QQXPHURDVHRUDHDXIRVWIFXWHHIRUWXULPDMRUHSHQWUXDPEXQWLFDOLWDWHDYLHLLLSHQWUXDPULSURVSHULWDWHDLHFKLWDWHD8QDVWIHOGH

    LPSDFWQXHVWHDWLQVQPRGVSRQWDQ2UDHOHQIORULWRDUHDXRYL]LXQHLRXUPHD]QWUXQFDGUXGHGH]YROWDUHRUGRQDW&DGUXOQXVHUHIHUODFRQWUROXOLFRPHQ]LOHFHQWUDOL]DWHDFHVWDILLQGPDLGHJUDERXQHDOWQDQWLFLSDUHDQHYRLORUDFRRUGRQULLHIRUWXULORULDJVLULLXQXLRELHFWLYSHFDUHOSRWXUPDWRDWHSULOH

    $QWLFLSDUHDDMXWSUH]HQWXO 6DQWLFLSH]LYLLWRUXOQVHDPQVILLELQHSUHJWLWDVW]L)LLQGFXXQSDVQDLQWHDSURYRFULORUOLGHULLRUDHORUVXQWJDWDVVHVL]H]HRSRUWXQLWLOH

    LVJHVWLRQH]HULVFXULOHGLQWURSR]LLHGHDYDQWDM%D]QGXVHSHLQIRUPDLLILDELOHFXSULYLUHODVLWXDLDFXUHQWDFHWLDYRUILFDSDELOLVIDFFRQH[LXQLQWUHYL]LXQLOHSHWHUPHQOXQJLDFLXQLOHSHWHUPHQVFXUW3HGHDOWSDUWHRUDHOHFDUHQXLSODQLILFQPRGDFWLYYLLWRUXOVXQWVXVFHSWLELOHGHDUPQHQXUP

    3ODQLILFDUHDDMXWOLGHULLVIDFGLIHUHQDSDVFXSDV

    /LGHULLORFDOLVXQWDOHLLQXPLLSHQWUXDPEXQWLRUDHOH$YQGQYHGHUHDPSORDUHDSURYRFULORUFXFDUHVHFRQIUXQWRUDHOHHVWHSXLQSUREDELOFDWRDWHPEXQWLULOHVDLEORFLPHGLDW2UDHOHGHVXFFHVDERUGHD]SUREOHPHOHSULRULWDUHFHVXQWDOLQLDWHFXRYL]LXQHGHDQVDPEOX3ODQLILFDUHDLGHQWLILFSUREOHPHOHXUJHQWHLUHVXUVHOHGLVSRQLELOHLVHDVLJXUFLQLLDWLYHOHVQXILHUHGXQGDQWHVDXVQXPHDUJQGLUHFLLGLIHULWH

    )RUPHOHXUEDQHIDFGLIHUHQD /RFXLQHOHORFXULOHGHPXQFDFFHVLELOLWDWHDLVLJXUDQDVXQWSUHRFXSULHVHQLDOHSHQWUXORFXLWRULLRUDHORULVXQWSXWHUQLFFRUHODWHFXIRUPD

    XUEDQ3ROLWLFLOHFRUHFWHFXSULYLUHODGHQVLWDWHXWLOL]DUHDWHUHQXULORULDVSHFWXOLQIUDVWUXFWXULLLVHUYLFLLORUSRWIDFHGLIHUHQDQDVLJXUDUHDXQHLEXQHFDOLWLDYLHLLODSUHXOFRUHFW3URLHFWDUHDXQXLPRGHOVSDLDOFHVHDGUHVHD]SUHRFXSULORUFHWHQLORUUHSUH]LQWXQPLMORFGHDDVLJXUDXQRUDPDLEXQ

    2GLUHFLHFODUDUHXQLPSDFWSR]LWLYDVXSUDHFRQRPLHLXUEDQH

    $VHDVLJXUDFH[LVWGHVWXOHORFXULGHPXQFQRUDUHSUH]LQWSUHRFXSDUHDSULQFLSDOSHQWUXOLGHULLORFDOL2UDHOHVHQWUHFQDWUDJHUHDLQYHVWLLLORUJHQHUDWRDUHGHDFWLYLWDWHHFRQRPLF3ODQLILFDUHDFRRUGRQHD]ORFDOL]DUHDVSDLDOLGLVWULEXLUHDDFWLYLWLLHFRQRPLFHLIDFLOLWHD]FDSWDUHDYDORULLLQYHVWLLLORUSXEOLFHLWUDQVIRUPDUHDWHUHQXULORUUXUDOHQWHUHQXULXUEDQH

    CE

  • /LGHULLRUDHORUFHVHVL]HD]RSRUWXQLWLOHXUEDQL]ULLWUHEXLHVPRELOL]H]HWRDWHSRVLELOHOHFRQWULEXLLQYHGHUHDGH]YROWULL8QFDGUXFROHFWLYVXVLQXWRIHURKDUWOLGHULORUORFDOLSHQWUXDDMXQJHODFHWHQLDHQHUJL]DGHSDUWDPHQWHOHDPRELOL]DSDUWHQHULLDVWIHOQFWDFHWLDVVHDQJDMH]HQUHDOL]DUHDYL]LXQLLLVVWLPXOH]HFRRSHUDUHDGLQWUHSULOH

    interesate.

    2UDHOHQXVHGH]YROWQYLGILLQGFRQHFWDWHODRUHJLXQHFHOHQFRQMRDULFXFDUHPSDUWUHXUVHLRSRUWXQLWLQORFVVHXLWHQLQWHULRUXOJUDQLHORUPXQLFLSDOHOLGHULLRUDHORUFHFRRSHUHD]SRWFUHDXQDYDQWDMFRPSHWLWLYSULQFRRUGRQDUHLQWHUPXQLFLSDOQSOXVIDGHFDSDFLWLOHVSDLDOHDFHDVWDOHDUSXWHDGDSRVLELOLWDWHDVVHED]H]H

    SHHFRQRPLLOHGHVFDUSHQWUXDLVSRULSXWHUHDGHQHJRFLHUH

    2UDHOHGHVXFFHVDXDVLJXUDWFRQWLQXLWDWHDSODQXULORUSHSDUFXUVXOFLFOXULORUSROLWLFHUHDOL]QGIDSWXOFRIRDLHGHSDUFXUVVWDELOIDFH

    SODQXULOHPXOWPDLFUHGLELOH,QYHVWLLDUHSUH]LQWXQHIRUWSHWHUPHQOXQJFHEHQHILFLD]GHFRQGLLLSUHYL]LELOH3ODQLILFDUHDVSDLXOXLUHGXFH

    LQFHUWLWXGLQLOHLFRQWLQXLWDWHDDFHVWHLDDMXWODFUHDUHDRSRUWXQLWLORUWUDQVSDUHQWHSHQWUXRVRFLHWDWHDQJDMDW

    /LGHULLORFDOLSRWVWDQIUXQWHDXQRUVFKLPEULFRQVWUXFWLYHQFD]XOQFDUHVXQWPDLGHJUDEDFWLYLGHFWSDVLYLOLGHULLFDUHDQWLFLSHD]QORFVUHDFLRQH]HDMXQJODHVHQDSUREOHPHORU0RGHOHOHVSDLDOHQHSODQLILFDWH

    VXQWLQHILFLHQWHLQHFHVLWPDLPXOWHUHVXUVHSHQWUXPHQLQHUHLDUFRVWXULOHULGLFDWHDOHGHFL]LLORUJUHLWHVDXDOLSVHLDFHVWRUDVXQW

    LUHYHUVLELOH

    &RPXQLFDUHDUHSUH]LQWXQHOHPHQWFKHLHSHQWUXRUDHGDUSRVLELOLWDWHDGHDFRQHFWDLGHDWUDQVPLWHDYDQWDMHOHXQXLRUDSRDWHILVXEPLQDWGHPHVDMHIUVXEVWDQVDXFRQWUDGLFWRULL(QWX]LDVPXOLVSULMLQXOFUHVFDWXQFLFQGOLGHULLORFDOLGHPRQVWUHD]XQSURJUHVVXEVWDQLDOFH

    HVWHQFRQFRUGDQFXYL]LXQHDFROHFWLYLFXFDGUXOJHQHUDO

    6XVLQHUHDXQXLSODQFROHFWLYFRQVWUXLHWHFRRSHUULGXUDELOH

    2SHUVSHFWLYWHULWRULDOPDLODUJDMXWRUDHOHVGREQGHDVFHFRQRPLL

    GHVFDU

    &RQWLQXLWDWHDJHQHUHD]FUHGLELOLWDWH

    $QWLFLSDUHDHVWHPXOWPDLHILFLHQWGLQSXQFWGHYHGHUHDOFRVWXULORUGHFWUHGLUHFLRQDUHD

    SUREOHPHORU

    &DGUXOGHSODQLILFDUHRIHUFRQVLVWHQ

    PHVDMHORU

    CE

  • &$5(681735292&5,/(25$8/8,,$/(3/$1,),&5,,63$,$/(3(1758'(&,'(17"

    3ULQFLSDODUHVSRQVDELOLWDWHDOLGHUXOXLXQXLRUDHVWHDFHHDGHDQWUXFKLSDLGHDSURPRYDLQWHUHVXOSXEOLFQGUXPXOVSUHGH]YROWDUHQDFHVWVHQVOLGHUXOWUHEXLHVLDGHFL]LLGXUDELOHFHPEXQWHVFFDOLWDWHDYLHLLQRUDLFDUHQXDXXQLPSDFWQHJDWLYQH[WHULRUXODFHVWXLD

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

    0RELOLWDWHGXUDELO3RVLELOLWLOHGHDVHGHSODVDDOHORFXLWRULORUODLGHODFDVHOHORUVSUHORFXULOHGHPXQFPDJD]LQHFROLLFHQWUHPHGLFDOHHVWHHVHQLDOSHQWUXSHUIRUPDQDXQXLRUD$FFHVLELOLWDWHDXXULQDGHDDMXQJHODDFHVWHORFXULDUHLPSDFWDVXSUDYHQLWXULORUJRVSRGULLORULDVXSUDRSLXQLORUGHORFXLUHQWURDQXPLW]RQPEXQWLUHDDFFHVLELOLWLLQFHSHFXUHFXQRDWHUHDFVFRSXOHVWHGHDIDFLOLWDOLEHUDFLUFXODLHDSHUVRDQHORUQXDDXWRWXULVPHORU3ULQFRPELQDUHDSROLWLFLORUGHDPHQDMDUHDWHULWRULXOXLFXSROLWLFLOHGHWUDQVSRUWJXYHUQHOHORFDOHDUWUHEXLVUHGXFQHYRLDRDPHQLORUGHDFOWRULSHGLVWDQHPDULPEXQWLUHDFRQGLLLORUGHFOWRULHFXRSLXQLSXEOLFHGHWUDQVSRUWLHIWLQHLHILFLHQWHLJHVWLRQDUHDFHUHULLLDRIHUWHLSHQWUXDUHGXFHEORFDMHOHGHWUDILFXQREVWDFROPDMRUSHQWUXSURGXFWLYLWDWHLRJULMPDMRUSHQWUXORFXLWRUL

    ,QIUDVWUXFWXU2UDHOHDXQHYRLHGHLQIUDVWUXFWXUSHQWUXDOHIDFHIXQFLRQDOH,QIUDVWUXFWXUDPEXQWHWHFDOLWDWHDYLHLLLLQGXFHFUHWHUHHFRQRPLF'DULQIUDVWUXFWXUDLQDGHFYDWLQHSHUIRUPDQWUHGXFHSURGXFLDHFRQRPLFLDIHFWHD]QHJDWLYFRQGLLLOHGHYLD$VLJXUDUHDXQHLLQIUDVWUXFWXULGHED]SHQWUXDSHQHUJLHLGHHXULHVWHIXQGDPHQWDOSHQWUXXQRUDQIORULWRULHVWHQHFHVDUXUJHQWQRUDHOHFHVHGH]YROWUDSLG3ODQLILFDUHDXUEDQHVWHHVHQLDOQGH]YROWDUHDLQIUDVWUXFWXULLLLQYHVWLLLOHQLQIUDVWUXFWXULQIOXHQHD]IRUPDXUEDQ(VWHQHYRLHGHLQYHVWLLLVXEVWDQLDOHSHWHUPHQOXQJSHQWUXDDFRSHULFRVWXULOHGHFDSLWDOLGHQWUHLQHUHFDUHQXSRWILQGHSOLQLWHGRDUGHFWUHPXQLFLSDOLWL,QWHJUDUHDLQIUDVWUXFWXULLQSODQLILFDUHDXUEDQHVWHFKHLDSHQWUXRSWLPL]DUHDLQYHVWLLLORULDVLJXUULLSHUIRUPDQHL

    2UDHOHVXQWIFXWHGLQSLDWUUHJXOLLRDPHQL-RDQ&ORV'LUHFWRU([HFXWLY81+DELWDW

    CE

  •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

    Cooperare3DUWHQHULDWHELQHVWUXFWXUDWHFXORFXLWRULVHFWRUXOSULYDWLDOWHQLYHOXULGHJXYHUQDUHVXQWRPRGDOLWDWHSHQWUXRUDHGHDPRELOL]DDFWRULLXUEDQLLGHDRELQHVXVLQHUHDLGHFLUHVXUVHOHQHFHVDUHSHQWUXSXQHUHDQDSOLFDUHDSODQXULORUORFDOHLIXUQL]DUHDGHVHUYLFLLPXQLFLSDOHGHFDOLWDWH9DORULILFDUHDUHVXUVHORUDGXVHGHFHLODOLFRQGXFHODDFFHVQXGRDUODIRQGXULGDULODWHKQRORJLHLDELOLWLPDQDJHULDOHFDUHVXQWQHFHVDUHSHQWUXSURLHFWH3DUWHQHULDWHFXRUJDQL]DLLDOHFRPXQLWLLSRWPRELOL]DHQHUJLDLUHVXUVHOHORFXLWRULORULDUSURLHFWHOHSRWDYDQVDPDLUDSLG

    CE

  • CE5

    2EVWDFROHQFDOHDXQHLEXQHSODQLILFUL

    ,QDELOLWDWHDLGHQWLILFULLSUREOHPHORUGHED]9L]LXQHDQJXVWYDGXFHODXQSODQVUDFLDUSODQLILFDUHDFDUHQXSURPRYHD]XQVHWGHYDORULHVWHLQXWLO'HDVHPHQHDSODQXULOHSRWVQXSUH]LQWHSDLLQHFHVDULLPSOHPHQWULL2YL]LXQHFROHFWLYVXVLQXWGHOLGHULHVWHED]DSODQLILFULLLPSDFWXOXLLSRYHWLOHGHVXFFHVDUDWQPRGFODUIDSWXOFRYL]LXQHWUHEXLHVFRQGXFSODQXOSHQWUXDDGXFHEHQHILFLLUHDOHSHQWUXFHWHQL

    $ERUGDUHLLQVWUXPHQWHQHSRWULYLWHVDXGHSLWH3ODQXULOHFRQFHSXWHH[FOXVLYGHH[SHULLWHKQLFLQL]RODUHSODQXULOHFHXWLOL]HD]DERUGULLPSRUWDWHLFDUHQXVXQWDGDSWDWHFRQGLLLORUORFDOHLSODQXULOHED]DWHSHHYDOXULPHFDQLFHLGHWDDWHFHSRWILLUHOHYDQWHQWUXQFRQWH[WVSHFLILF3ODQLILFDUHDPRGHUQDIRVWQJHQHUDOLQHILFLHQWQPXOWHFRQWH[WHOLGHULLWUHEXLHVLDQFRQVLGHUDUHUHOHYDQSODQXULORULDSOLFDUHDSUDFWLFDDFHVWRUD([SHULHQHOHGHVXFFHVDUDWFDERUGULOHUHOHYDQWHLLQRYDWRDUHSRWILFUHDWHQRUDHFHDSDULQVWDWHORUQFXUVGHGH]YROWDUH

    &DSDFLWDWHVF]XWGHGH]YROWDUHLLPSOHPHQWDUHDSODQXULORU$GHVHDRUDHOHQXGHLQVXILFLHQWHUHVXUVHXPDQHSHQWUXGH]YROWDUHDLLPSOHPHQWDUHDSODQXULORU'H]YROWDUHDXQRUFDSDFLWLGHSODQLILFDUHQFDGUXOGHSDUWDPHQWHORUGHSODQLILFDUHORFDOHSULQXWLOL]DUHDDOWRUDJHQLLSULQLPSOLFDUHDFRPXQLWLLLDJUXSXULORUGHLQWHUHVHUHSUH]LQWVWUDWHJLLFKHLHQDERUGDUHDDFHVWHLSUREOHPHLSURGXFHUHDXQRUSODQXULPDLEXQH

    &DGUXOHJDOFHQXRIHUVXILFLHQWVXVLQHUHSHQWUXLPSOHPHQWDUHDSODQXULORU8QFDGUXOHJDOVROLGHVWHLQGLVSHQVDELOSHQWUXSXQHUHDQDSOLFDUHDSODQXULORUGHRDUHFHFUHHD]FRQGLLLOHSHQWUXFDWRLDFWRULLVOXFUH]HQVLJXUDQ0XOWHRUDHFDUHDXQUHJLVWUDWPDULVXFFHVHQSODQLILFDUHEHQHILFLD]GHDVHPHQHDLGHOHJLVODLHSURJUHVLYFHVHDVLJXUFSODQXULOHDXFDUDFWHUMXULGLFLLQFOXGVDQFLXQLSHQWUXQHUHVSHFWDUHGHFWUHUH]LGHQLLGH]YROWDWRUL

    5 Planuri pentru care nu este destul timp 3XQHUHDQDSOLFDUHDSODQXULORUQHFHVLWRFDSDFLWDWHGHPRQLWRUL]DUHLQVWLWXLLFUHGLELOHLXQQLYHOVF]XWDOFRUXSLHLLLPSXQLWDWH/LSVDGHFRQWLQXLWDWHGLQFDX]DFLFOXULORUSROLWLFHLOLGHULLQHDQJDMDLFHQXUHXHVFVDQWLFLSH]HFRQVHFLQHOHQHJDWLYHSHWHUPHQOXQJDOHSULQFLSDOHORUSODQXULSRWUHSUH]HQWDREVWDFROHPDMRUHQFDOHDVXFFHVXOXL7UHEXLHFRQVWUXLWHQFGHODQFHSXWPHWRGHGHLPSOHPHQWDUHDSODQXULORUDGDSWDWHODcontextul local.

  • CE

    3ODQXULOHFDUHVHSRWLPSOHPHQWDQHFHVLW

    3ODQLILFDUHSUDJPDWLF6LVWHPXOGHSODQLILFDUHSRDWHILFRPSOH[FRQVXPDWRUGHWLPSLFRVWLVLWRULSRDWHVXIHULGXSOLFULVDXODFXQHQFHUFDUHDGHDFUHDSODQXULFXSULQ]WRDUHSRDWHGXUDGHFHQLLLSODQXULOHSRWGHYHQLGHSLWHQDLQWHFDDFHVWHDVILHDSUREDWHVSUHLPSOHPHQWDUH3HGHDOWSDUWHSODQXULOHFHQXDXQYHGHUHFRQVWUQJHULOHLQVWLWXLRQDOHWHKQLFHLILQDQFLDUHSRWILDEDQGRQDWHQFHOHGLQXUP$GRSWQGRDERUGDUHED]DWSHFHULQHFRQFUHWHVHFRQVWLWXLHXQFDGUXSUDJPDWLFFHSRDWHGXFHODDSOLFDUHLODQUHJLVWUDUHDXQXLLPSDFW

    $ERUGDUHVWUDWHJLF5VSXQVXOODQHYRLOHUHDOHDVWIHOQFWVVHRIHUHRSHUVSHFWLYSHWHUPHQOXQJFDUHHVWHQDFHODLWLPSFRQFUHWLELQHHWDSL]DWYDDVLJXUDLPSOHPHQDUHDSODQXULORU3ODQXULOHFHQXGLVSXQGHRYL]LXQHLQXRIHUUVSXQVXULSUREOHPHORUUHDOHVXQWXRUGHSXVGHRSDUWHDWXQFLFQGDJHQGHOHSROLWLFHVHVFKLPE$OHJHUHDSUREOHPHORUFKHLHFHWUHEXLHDERUGDWHLVWDELOLUHDFDOLWLORUFHWUHEXLHGH]YROWDWHSHQWUXDVXVLQHGH]YROWDUHDRUDXOXLQPLMORFXOFRQVWUQJHULORULSURYRFULORUQXVXQWVDUFLQLXRDUHDFHVWHDQHFHVLWQGQHOHJHUHLFDSDFLWDWHDGHDSXQHFHOHPDLEXQHQWUHEUL

    5HVSRQVDELOLWLOHFODUHLLQGLFDWRULGHSHUIRUPDQ1XSRDWHH[LVWDUVSXQGHUHIUUROXULFRQFUHWHRELHFWLYHLUHVXUVHQHFHVDUHUHDOL]ULLDFHVWHLD'HODQFHSXWOLSVDDFHVWRUDFUHHD]FRQIX]LHLOLSVGHUHVSRQVDELOLWDWHFHWUDQVIRUPRELHFWLYHOHQXQHOHGHQHDWLQV

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

    3URFHGXULFODUHLQFDGUDUHFRUHFWQOHJLVODLH8QSODQFHHVWHDSUREDWGHFWUHFRQVLOLXOXQXLRUDHVWHXQGRFXPHQWREOLJDWRULX$GHWHUPLQDGDFDGPLQLVWUDLDORFDODUHDELOLWDWHDGHDLPSOHPHQWDPVXULOHSURSXVHQWUXQSODQVDXGDFVHYDED]DSHDFRUGXULFXDOWHQLYHOHDOH*XYHUQXOXLVDXDOHSDUWHQHULORUSULYDLIDFHSDUWHGLQED]HOHOHJDOHQHFHVDUH

    &RUHODUHFXEXJHWXOORFDOLWLL2LPDJLQHJOREDOLFODUDFRVWXULORUWUHEXLHVILHRFRPSRQHQWLPSRUWDQWDXQXLSODQ7RWXLVXQWDGHVHDWUHFXWHFXYHGHUHDFRVWXULOHSHWHUPHQOXQJDVRFLDWHFXGHFL]LLGHSROLWLFSXEOLFOXDWHQSUH]HQW0DLDOHVFRVWXULOHGHRSHUDUHLGHQWUHLQHUHVXQWXLWDWH$FHVWHDGHYLQJUHXGHGXVSHQWUXEXJHWXOPXQLFLSDO'HFL]LLOHLLPSOHPHQWDUHDDFHVWRUDYRUDYHDLPSDFWLDVXSUDYHQLWXULORUPXQLFLSDOLWLL(VWHQHYRLHGHSUDFWLFLGHJHVWLXQHFRUHFWHSHQWUXDDVLJXUDGLVSRQLELOLWDWHDUHVXUVHORUQYLLWRU

    6XSRUWXOSRSXODLHLGLQWLPSSHQWUXXQLPSDFWSR]LWLY2UDHOHFDUHDXDMXQVVVHDGUHVH]HSULORULQWHUHVDWHEHQHILFLD]GHSHXUPVWDELOLULLSULRULWLORUFHUHIOHFWQHYRLUHDOHLSULQXUPDUHFUHVFLPSDFWXOLQYHVWLLLORUQFD]XOQFDUHSULOHLQWHUHVDWHVXQWGHDFRUGGHODQFHSXWHVWHPDLSXLQSUREDELOFDSURSXQHULOHVILHUHVSLQVHPDLWU]LX6SULMLQXOODUJDOLQLD]DJHQGDORFDOFXFHDDDOWRUQLYHOHGHJXYHUQDUHDSHOQGGHDVHPHQHDLODVHFWRUXOSULYDW

    (WDSL]DUHDLPSOHPHQWULLQWHUPHQLGHVSDLXLUHVXUVH%DQLLFRQWULEXDELOLORUDUWUHEXLVILHJHVWLRQDLFXDWHQLHLIRORVLLFXQHOHSFLXQH$FHODLSULQFLSLXDUWUHEXLVVHDSOLFHQLPSOHPHQWDUHDSODQXOXL)H]DELOLWDWHDGLQSXQFWGHYHGHUHILQDQFLDUDXQXLSODQYDGLFWDPRGXOQFDUHFRPSRQHQWHOHSURJUDPXOXLVXQWPSULWHLFDUHGLQWUHDFHVWHDYRUWUHEXLVILHILQDQDWHGLQVXUVHH[WHUQH0RQLWRUL]DUHDSHUPDQHQWHYDOXDUHDUH]XOWDWHORUSHSDUFXUVLRSHUDUHDDMXVWULORUQHFHVDUHYRUFUHWHHILFLHQDLYRUSHUPLWHLPSOHPHQWDUHDXQRUSURLHFWHPDLLPSRUWDQWHQYLLWRU

  • CARE SUNT ,167580(17(/('(3/$1,),&$5("

    7UHEXLHVSXVIDSWXOFQXGRDUQ5RPQLDUHODLLOHVXQWGHILFLWDUHQWUHDUJXPHQWXOWHKQLFLGHFL]LDSROLWLF3HOQJDFHDVWGLILFXOWDWHGHUHODLRQDUHQ5RPQLDVHDGDXJLSUREOHPDOLSVHLGHLQIRUPDLL(VWHGHILFLWDUIXQGDPHQWDUHDGLUHFLLORUGHGH]YROWDUHSHGDWHUHOHYDQWHLQXVHIDFHVXILFLHQWPRQLWRUL]DUHLHYDOXDUHDHIHFWHORUQSODQVSDLDODXQRUSROLWLFLLSURJUDPHFXSULQVHQVWUDWHJLLLGRFXPHQWDLLGHXUEDQLVPLDPHQDMDUHDWHULWRULXOXL

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

    7RWQGHUXODUHVHDIOLSURLHFWXO&RQVROLGDUHDFDSDFLWLLGHSODQLILFDUHVSDLDOSUHFRQGLLHSHQWUXGH]YROWDUHDGXUDELOQFDUH0LQLVWHUXO'H]YROWULL5HJLRQDOHL$GPLQLVWUDLHL3XEOLFHHVWHEHQHILFLDU2ELHFWLYXOSURLHFWXOXLHVWHGHDVSULMLQLGH]YROWDUHDXQXLVLVWHPLQWHJUDWLDUPRQL]DWGHSODQLILFDUHQ5RPQLDFDUHVDVLJXUHRGH]YROWDUHWHULWRULDOLXUEDQGXUDELO

    CE

  • $0(1$-$5($7(5,725,8/8,

    SODQGHDPHQDMDUHDWHULWRULXOXL

    $9,=($= $352%1$,21$/ *XYHUQXO ParlamentulZONAL REGIONAL 0LQLVWHUXO'H]YROWULL5HJLRQDOHL

    $GPLQLVWUDLHL3XEOLFHMinisterul Culturii0LQLVWHUXO0HGLXOXLL6FKLPEULORUClimatice $JHQLLOHGHGH]YROWDUHUHJLRQDO

    *XYHUQXO

    =21$/,QWHUMXGHHDQ,QWHURUHQHVFVDXLQWHUFRPXQDO)URQWDOLHU0HWURSROLWDQSHULXUEDQDOSULQFLSDOHORUPXQLFLSLLLRUDH

    0LQLVWHUXO'H]YROWULL5HJLRQDOHL$GPLQLVWUDLHL3XEOLFH2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    &RQVLOLLOHMXGHHQHConsiliile locale&RQVLOLXO*HQHUDODO0XQLFLSLXOXL%XFXUHWL

    -8'(($1 0LQLVWHUXO'H]YROWULL/XFUULORU3XEOLFHL/RFXLQHORU 2UJDQLVPHFHQWUDOHLWHULWRULDOHinteresate

    &RQVLOLXOMXGHHDQ&RQVLOLXO*HQHUDODO0XQLFLSLXOXL%XFXUHWL

    081,&,3,8 0LQLVWHUXO'H]YROWULL/XFUULORU3XEOLFHL/RFXLQHORU&RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLWHULWRULDOHLQWHUHVDWH

    Consiliul local al municipiului

    25$ &RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLORFDOHLQWHUHVDWH

    &RQVLOLXOORFDODORUDXOXL

    &2081 &RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLORFDOHLQWHUHVDWH

    Consiliul local al comunei

    =21$&(175$/$081,&,3,8/8, 0LQLVWHUXO'H]YROWULL5HJLRQDOHL$GPLQLVWUDLHL3XEOLFH Ministerul Culturii 2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliul local/Consiliul *HQHUDODO0XQLFLSLXOXL%XFXUHWL

    35,',1=21$&(175$/$081,&,3,8/8,

    0LQLVWHUXO&XOWXULLSULQGLUHFLLOHMXGHHQH &RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliul local/Consiliul *HQHUDODO0XQLFLSLXOXL%XFXUHWL

    =21$&(175$/$25$8/8,6$78/8,35(&80,$/7(=21()81&,21$/('(INTERES

    2UJDQLVPHFHQWUDOHVLWHULWRULDOHinteresate &RQVLOLXOMXGHHDQ

    &RQVLOLLOHORFDOHRUHQHWLsau comunale

    ZONE SITUATE N EXTRAVILANUL 081,&,3,,/2525$(/25,&2-081(/25

    Ministerul Culturii&RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliile locale/ Consiliul *HQHUDODO0XQLFLSLXOXL%XFXUHWL

    85%$1,60

    SODQXUEDQLVWLFJHQHUDO

    LUHJXODPHQWORFDO

    DIHUHQWDFHVWXLD38*

    SODQXUEDQLVWLF]RQDOLUHJXODPHQW

    ORFDODIHUHQWDFHVWXLD38=

    ZONE SITUATE N EXTRAVILANUL 081,&,3,,/2525$(/25,&2-081(/25

    Ministerul Culturii&RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliile locale/ Consiliul *HQHUDODO0XQLFLSLXOXL%XFXUHWL

    SODQXUEDQLVWLFGH

    deta

    liu38' ,02%,/(&/$6$7(1/,67$02180(17(/25,6725,&(,&(/(

    &$5(6($03/$6($=1=21(PROTEJATE

    Ministerul Culturii 2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliile locale/ Consiliul *HQHUDODO0XQLFLSLXOXL%XFXUHWL

    $/7(,02%,/( 2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliile locale

    =21(3527(-$7(25,$6835$&525$S-A INSTITUIT UN TIP DE RESTRICTIE35,1$&7(1250$7,9(6$8'2&80(17$,,'(85%$1,601INTEGRALITATEA LOR

    0LQLVWHUXO'H]YROWULL5HJLRQDOHL$GPLQLVWUDLHL3XEOLFH0LQLVWHUXO&XOWXULLSULQGLUHFLLOHMXGHHQH&RQVLOLXOMXGHHDQ2UJDQLVPHFHQWUDOHLWHULWRULDOHDELOLWDWHFRQIRUPOHJLL

    Consiliile locale/ Consiliul *HQHUDODO0XQLFLSLXOXL%XFXUHWL

    ([WUDV$QH[D/HJHD8UEDQLVPXOXL( nr. 350 din 06/07/2001)

    CE

  • CINE

    &(5(/$,,(;,67175(32/,7,&,85%$1(3/$185,,352,(&7(15201,$"

    3ODQLILFDUHDVWUDWHJLFSURLHFWXOXUEDQSROLWLFLOHXUEDQHVXQWLQVWUXPHQWHFDUHSHUPLWQRLDERUGULDOHRUDXOXLFDUHLQWHJUHD]SUHRFXSULHFRQRPLFHVRFLDOHLGHSURWHFLDPHGLXOXLHWF

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

    ([LVWQHFODULWLLFRQIX]LLQIRORVLUHDWHUPHQLORULFRQFHSWHORULDUDFHVWHQHFODULWLLOXVWUHD]WRFPDLOLSVDGHFRUHODUHQWUHLQVWUXPHQWHOHGHSODQLILFDUH$YHPSHGHRSDUWHGRFXPHQWDLLGHDPHQDMDUHDWHULWRULXOXLLXUEDQLVPFDUHVXQWQXPLWHSODQXUL3HGHDOWSDUWHWRWWHUPHQXOGHSODQLILFDUHDDFLXQLORULUHVXUVHORUHVWHIRORVLWLSHQWUXVWUDWHJLLOHGHGH]YROWDUHHFRQRPLFRVRFLDO$FHVWRUDGLQXUPOHOLSVHWHGHPXOWHRULGLPHQVLXQHDVSDLDO

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

    7HULWRULXOWUHEXLHDERUGDWFDVSDLXDGPLQLVWUDWLDUVWUDWHJLLOHGHGH]YROWDUHWUHEXLHQHOHVHFDLPSOLFQGGHFL]LLDVXPDWHFXLPSDFWDVXSUDWHULWRULXOXL&RQIRUPOLWHUDWXULLGHVSHFLDOLWDWHLDYQGQYHGHUHQHFHVLWDWHDGHDUHIRUPDVLVWHPXOGHSODQLILFDUHGLQ5RPQLDSHQWUXDUHPHGLDGLVIXQFLLOHFRVWDWDWHQUDSRDUWHUHFHQWHHVWHPDLSRWULYLWIRORVLUHDVLQWDJPHLSODQLILFDUHVSDLDODWWSHQWUX

    &,1(" N

  • CINEGRFXPHQWDLLOHGHDPHQDMDUHDWHULWRULXOXLLGHXUEDQLVPFWLSHQWUXGRFXPHQWHOHGHSODQLILFDUHFHDXVDXFDUHDUWUHEXLVDLERFRPSRQHQWVSDLDOLPSRUWDQWVWUDWHJLLGHGH]YROWDUHORFDOPDVWHUSODQSHGRPHQLLGHSROLWLFXUEDQORFXLUHWUDQVSRUWWXULVPHWF3,'83ODQ,QWHJUDWGH'H]YROWDUH8UEDQHWF3ODQXULOHVXQWGHFLH[SUHVLDVSDLDODXQRUSROLWLFLSXEOLFHSURJUDPHLSURLHFWHGH]YROWDWHSHQWUXXQWHULWRULXDQXPH

    &RQIRUP5DSRUWXOXL&RQVROLGDUHDFDSDFLWLLGHSODQLILFDUHVSDLDOSHQWUXGH]YROWDUHGXUDELO%DQFD0RQGLDO3ODQLILFDUHDVSDLDODUHVHPQLILFDLLGLIHULWHQULGLIHULWHLDUSODQLILFDWRULLGHGLIHULWHQDLRQDOLWLXWLOL]HD]DGHVHDMDUJRQGLIHULWSHQWUXDGHVFULHDFHOHDLOXFUXUL'HH[HPSOXQXQHOHULDPHQDMDUHDVSDLDODPHQDMDUHDWHULWRULXOXLLXUEDQLVPXOQVHDPQDFHODLOXFUXQWLPSFHQDOWHOHDUHQHOHVXULFRPSOHWGLIHULWH'HH[HPSOXQ)UDQDa mnagement du territoireVHFRQFHQWUHD]SHSODQLILFDUHDODVFDUODUJODQLYHOUHJLRQDOLQDLRQDOQ2ODQGDWHUPHQXOruimtelijke ordering se UHIHUODJHVWLRQDUHDUHVXUVHORULQVXILFLHQWHGHWHUHQQ68$planning este n mare parte asociat cu SODQLILFDUHDVSDLXOXLXUEDQLDUterritorial developmentVHFRQFHQWUHD]SHSODQLILFDUHDSHVFDUODUJUHJLRQDOQDLRQDOQ6ORYHQLDspatial planningVHUHIHUQSULPXOUQGOD]RQLILFDUH

    Q5RPQLDHVWHPDLFXQRVFXWDFWLYLWDWHDGHSODQLILFDUHXUEDQQVHQVXOXUEDQLVPXOXLUHJOHPHQWDUQSURFHVHOHGHGH]YROWDUHXUEDQH[LVWGRXWLSXULGHORJLFORJLFDLQGLYLGXDODLQWHUHVXOXLSURSULXDOXQHLSHUVRDQHIDPLOLLQWUHSULQGHULLUHVSHFWLYORJLFDLQWHUHVXOXLFRPXQDOORFXLWRULORUXQHLDH]ULFDUHWUHEXLHSURWHMDWSULQUHJOHPHQWULOHGHXUEDQLVP$FHVWHDIXQFLRQHD]FDXQILOWUXLVXQWJHVWLRQDWHGHXQDSDUDWWHKQLFRELURFUDWLF8UEDQLVPXOUHJOHPHQWDUDUHODGLVSR]LLHFWHYDLQVWUXPHQWHSULQFDUHSRDWHSURWHMDLQWHUHVXOFRPXQLWLLDODH]ULLXUEDQHQDQVDPEOXOei. 5HJOHPHQWULOHXUEDQLVWLFHVHUHIHUODGHQVLWDWHDFRQVWUXFLLORULGHFLODPRGXOGHRFXSDUHDOWHUHQXOXLJDEDULWHDOHFRQVWUXFLLORUQOLPLGLVWDQHQWUHFRQVWUXFLLODFRPSDWLELOLWDWHDIXQFLRQDOQWUHFOGLULQYHFLQDWHODLQIUDVWUXFWXUDWHKQLFRHGLOLWDUODFRQVLGHUHQWHGHWUDILFLVWDLRQDUHDDXWRYHKLFROHORUODYHJHWDLHGDULODIRORVLUHDXQRUPDWHULDOHGHFRQVWUXFLHDQXPHVDXDXQHLJDPHGHFXORULDQXPHVDXXQUDSRUWSOLQJRODOIDDGHORUFDUHVLPSXQVDXVUHVSHFWHXQFDUDFWHUVSHFLILFDOXQHL]RQH$FHVWDVHUHIHUODHODERUDUHDLDSUREDUHDGRFXPHQWDLLORUGHXUEDQLVPFDUHLQVWLWXLHUHJOHPHQWULGHXUEDQLVPVDXFDUHQHJRFLD]UHJOHPHQWULGHXUEDQLVPH[LVWHQWH'DUSHQWUXDLQIOXHQDQPRGDFWLYVFKLPEDUHDLSHQWUXDPHOLRUDUHDFDGUXOXLGHYLDQWURDQXPLW]RQHVWHQHYRLHGHRSHUDLXQLFRPSOH[HGHDPHQDMDUHXUEDQFDUHSUHVXSXQRVHULHQWUHDJGHLQVWUXPHQWHILQDQFLDUHLLQVWLWXLRQDOH

    3ODQLILFDUHDVWUDWHJLFSUHVXSXQHFRRUGRQDUHQWUHSURLHFWHLPVXULOXDWHGHRPXOWLWXGLQHGHDFWRULLGHDFHHDHOHVWHRQUHJLVWUDUHODPRPHQWXOUHVSHFWLYDDFRUGXULORUQFKHLDWHQWUHDFHWLDIRUPQGXQFDGUXGHUHIHULQSHQWUXQHJRFLHUHLILLQGDVWIHORULHQWDWLYQFRPSDUDLHFXSURLHFWHOHSODQXULOHVWUDWHJLFHDXPDLPXOWGHDIDFHFXLQIRUPDUHDLFXLQIOXHQDUHDDOHJHULORULDSURFHVHORUGHFL]LRQDOHGHFWFXJHQHUDUHDGHHIHFWHPDWHULDOH3ULQXUPDUHRGHFODUDLHGHSROLWLFLVDXGHSODQLILFDUHLDWLQJHVFRSXOLDUHSHUIRUPDQGDFLQXPDLGDFDFHDGHFODUDLHMRDFXQUROWDQJLELOQDOHJHULOHDFWRULORUFURUDOLVHDGUHVHD]

    $FHDVWUHIHULUHODDFWRULLFURUDOLVHDGUHVHD]HVWHHVHQLDOSHQWUXGRFXPHQWDLLOHGHSODQLILFDUHVSDLDOFDUHQXSRWILVHSDUDWHGHDFLXQHDPDLPXOWRUDFWRULLPSOLFDLQSURFHV8UEDQLVPXORSHUDLRQDOHVWHXQLQVWUXPHQWGHDSOLFDUHDVWUDWHJLLORULSURJUDPHORUGHGH]YROWDUHXUEDQ'DFDFHVWHDOLSVHVFYRUOLSVLLRSHUDLXQLOHGHXUEDQLVPSHQWUXFQXH[LVWRED]SHQWUXQHJRFLHULQWUHDFWRULLXUEDQLLSHQWUXFQXDUDYHDFXPVVHOHJLWLPH]HGHFL]LLOHFDUHFRQGLLRQHD]GHPDUDUHDLGHVIXUDUHDRSHUDLXQLORUGHLQWHUYHQLHQRUD

    3URLHFWXOVHSRDWHGHILQLFDXQGHPHUVDVXPDWGHPRGLILFDUHGRULWDXQHLUHDOLWL8QVHWGHDFLXQLSXVHQUHODLHXQHOHFXDOWHOHSULQFDUHVHIRORVHVFUHVXUVHPDWHULDOHLXPDQHSHQWUXDDWLQJHXQRELHFWLY,QGLIHUHQWGHQDWXUDVDXQSURLHFWUHOHYDQWSHQWUXRUDLPSOLFXQHIRUWGH352,(&,(QYLLWRU

  • DPRGLILFULORUGRULWHLPSOLFGHFL]LHLPSOLFFXQRWLQHWHKQLFHLFDSDFLWDWHDGPLQLVWUDWLYGHDIDFHVVHQWPSOHVFKLPEDUHDGRULW

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

    2ULFHSURLHFWFKLDUGHGLPHQVLXQLUHGXVHDUHXQHIHFWDVXSUDRUDXOXL&KLDUGDFHVWHYRUEDGHVSUHQFKLGHUHDEDOFRQXOXLVDXYRSVLUHDXQHLFDVHHVWHXQSURLHFWFDUHLQIOXHQHD]RUDXO)DDGDXQHLFOGLULHVWHLDRUDXOXLQXQXPDLDSURSULHWDULORUDFHOHLFOGLUL

    &XYQWXOSURLHFWHVWHXWLOL]DWQPRGFXUHQWGRDUSHQWUXGRFXPHQWDLDWHKQLFDGLFXQVHWGHGHVHQHLWH[WHFXXQFRQLQXWPDLPXOWVDXPDLSXLQVWDQGDUGL]DWSULQFDUHVXQWGHVFULVHFDUDFWHULVWLFLOHVLWXDLHLGRULWH3ODQHOHLPHPRULLOHWHKQLFHIL[HD]GHILQLWLYQWHUPHQLWHKQLFLLQWHUYHQLD'DUPDLQDLQWHGHDVWDELOLH[DFWFXPYDDUWDRFRQVWUXFLHVDXRDPHQDMDUHDUWUHEXLVH[LVWHXQUVSXQVFODUODQWUHEDUHD'HFHDFHOSURLHFW"QDLQWHGHDVHYRUELGHVSUHGHPHUVXOWHKQLFGHSURLHFWDUHFHDQXPHLFXP"DUWUHEXLVH[LVWHGLVFXLDSULYLQGQHFHVLWDWHDXQXLSURLHFWGHFH"

    $DFXPVDSUH]HQWDWQVHFLXQHDDQWHULRDUQFHHDFHSULYHWHLQYHVWLLLOHGLQEDQLSXEOLFLGDULSHQWUXDDSUREDPDULLQYHVWLLLGLQIRQGXULSULYDWHFDUHYRULQIOXHQDIRDUWHPXOWRUDXOILHFDUHDVWIHOGHSURLHFWDUWUHEXLVILHSDUWHGLQWUXQSURJUDPGHGH]YROWDUH1XPDLDVWIHOVHSRDWHDUJXPHQWDQPRGULJXURVQHFHVLWDWHDODFDUHUVSXQGHSURLHFWXOQFDUHVHLQYHVWHVFUHVXUVHOHFRPXQLWLLQFD]XOLQYHVWLLLORUSXEOLFHHVWHQHFHVDUHYDOXDUHDPDLPXOWRUYDULDQWHGHSURLHFWSHQWUXDSXWHDFRPSDUDUDSRUWXOQWUHFRVWXULLEHQHILFLLSHQWUXILHFDUHVROXLHSRVLELOLSHQWUXDDOHJHFWPDLFRUHFWLUHVSRQVDELO

    'XSFHVXQWFXQRVFXWHUDLXQLOHSHQWUXFDUHVHIDFHDFHOSURLHFWQLPLFQXDUWUHEXLOVDWODYRLDQWPSOULLFLSURLHFWXODUWUHEXLGHVFULVQHOHPHQWHFHRIHUUVSXQVODQWUHEULVLPSOHce anume se YDIDFH"FLQHIDFH"FQGIDFH"FXFHUHVXUVHILQDQFLDUHVHYDUHDOL]DUHVSHFWLYXOSURLHFW"

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

    'DFQDQLLSROLWLFLOHXUEDQHRELHFWLYHJHQHUDOHLDFRUGXULQWUHDFWRULHIRUWXOGHSODQLILFDUHLSURLHFWDUHHUDXGHVWLQDWHXUEDQL]ULLXQRUWHUHQXULDJULFROHLFUHULLGHQRLDULLFRQVWUXLWHQFHSQGFXDQLLGRPHQLXOSUHGLOHFWGHYLQHWUDQVIRUPDUHDRUDXOXLQSHULPHWUXOVXGHMDH[LVWHQWDPHOLRUDUHDVWULLRUDXOXLDGDSWDUHDFDGUXOXLIL]LFODQRLSURYRFULHFRQRPLFHVRFLDOHFXOWXUDOH$FHDVW

    CINE

  •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

    7UHSWDWQFHHDFHSULYHWHFDGUXOXUEDQSUHRFXSULOHGHSROLWLFSXEOLFOHJDWHGHSURWHFLDPHGLXOXLQULOHHXURSHQHQFDUHSRSXODLDXUEDQDMXQJHLODGLQSRSXODLDWRWDODXIRVWFRUHODWHFXSUREOHPHOHRUDHORUQFHUFULOHGHRSHUDLRQDOL]DUHDQRLXQLLGHGH]YROWDUHGXUDELOSHQWUXPHGLXOXUEDQDXFRQGXVODFUHDUHD$JHQGHL/RFDOHXQGHPHUVFDUHFRUHOHD]DFLXQLQVFULVHQWUXQSODQGHGHUXODUHFDUHHVWHFRPSOHWDWLUHYL]XLWFXUHJXODULWDWH(VWHXQLQVWUXPHQWGHSODQLILFDUHFDUHXUPUHWHPRGLILFDUHDVSDLXOXLLDDFWLYLWLORUFDUHVHGHUXOHD]QFDGUXOORFDOLWLLSULQHFKLOLEUDUHDGH]YROWULLHFRQRPLFHFXSURWHFLDPHGLXOXLLFXGH]YROWDUHDVRFLDODXQHLORFDOLWLWRDWHDFHVWHDIRORVLQGUDLRQDOUHVXUVHPDWHULDOHLLPDWHULDOHQDWXUDOHVDXFRQVWUXLWHVLWXDWHQWHULWRULXOORFDOLWLLVDXILLQGLQIOXHQDWHGHDFHVWWHULWRULX

    $XWRULWDWHDORFDOVHGHILQHWHFDDFWRUFKHLHDWWQFHHDFHSULYHWHXUEDQLVPXOUHJOHPHQWDUFRPDQGLWDULEHQHILFLDUDOGRFXPHQWDLLORUGHXUEDQLVPFWLQQHYRLDGHDVHLPSOLFDFXPVXULFDUHVVSULMLQHLVQFXUDMH]HLPSOLFDUHDFHORUODOLDFWRULXUEDQLFDUHSRWILDFWLYLQSURFHVXOGHGH]YROWDUHXUEDQ8UEDQLVPXOUHJOHPHQWDULXUEDQLVPXORSHUDLRQDOSRWILQHOHVHFDGRXIDHWHDOHJHVWLRQULLGH]YROWULLXUEDQHGHFWUHDGPLQLVWUDLDSXEOLF

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

    3DUWHQHULDWSXEOLFSULYDW333VHED]HD]SHSRVLELOLWDWHDGHDVHFRPSOHWDUHFLSURFDFWRUXOSULYDWGRUHWHSURILWLOLEHUWDWHVSRULWQWLPSFHDFWRUXOSXEOLFGRUHWHPSULUHDVDUFLQLLILQDQFLDUHGDULGH]YROWDUHXUEDQLVWLFLHFRQRPLFJHQHUDO3ULQXUPDUHDFWRUXOSXEOLFSRDWHRIHULDFFHVJUDWXLWLHIWLQODWHUHQXULSRDWHVXSRUWDHFKLSDUHDHGLOLWDUSRDWHRIHULIDFLOLWLILVFDOHHVWHGLVSXVVQHJRFLH]HUHJXOLOHGHXUEDQLVPLGHFRQVWUXFLHLDUDFWRUXOSULYDWRIHUEDQLH[SHULHQPDQDJHULDOFUHGLELOLWDWHQIDDXQRUEQFLILQDQDWRUL&HOPDLDGHVHDFDGUXOLQVWLWXLRQDOSULQFDUHVHUHDOL]HD]333HVWHGDWGHRDJHQLHSXEOLFGDUFDUHIXQFLRQHD]GXSUHJXOLDOHQWUHSULQGHULORUSULYDWH6HIDFHDVWIHOXQWUDQVIHUDOXQRUSXWHULDOHDFWRUXOXLSXEOLFQWUXQFDGUXPDLSXLQULJLG$VWIHOFHHDFHLQHGHPDQDJHPHQWLGHUHVXUVHXPDQHXUPUHWHORJLFDVHFWRUXOXLSULYDWLDUFHHDFHLQHGHIXQGDPHQWDUHDVWUDWHJLLORUXUPUHWHORJLFDSXEOLF

    CINE

  • &8075(%8,(656381'$8725,7$7($38%/,&/2&$//$,1,,$7,9(/(35,9$7("

    QPRGHYLGHQWSURSULHWDULLYRUVILHQVLWXDLDGHDVHEXFXUDGHOLEHUWDWHQXWLOL]DUHDEXQXULORUORULPRELOHWHUHQXULLFRQVWUXFLL9RUVOHIRORVHDVFVOHH[SORDWH]HIUFRQGLLRQULFDUHVOHUHVWUQJDFHVWHGUHSWXUL'DUSURSULHWDULLGHLPRELOHDXLREOLJDLLQXQXPDLGUHSWXUL([LVWGHMDOHJLFDUHSRWREOLJDSURSULHWDULLGHFOGLULPRQXPHQWLVWRULFVOHQJULMHDVF([LVWGHDVHPHQHDREOLJDLDSURSULHWDULORUGHDUHSDUDIDDGHOHFOGLULORUDWXQFLFQGDFHVWHDSXQQSHULFROVLJXUDQDWUHFWRULORU'HGDWPDLUHFHQWVXQWQFHUFULWLPLGHGHDLPSXQHSURSULHWDULORUFKLDUREOLJDLDGHDUHDELOLWDIDDGHOHSHFRQVLGHUHQWHHVWHWLFH

    5HJXOLOHGHXUEDQLVPOLPLWHD]OLEHUWDWHDSURSULHWDULORUSHQWUXDSURWHMDXQLQWHUHVFRPXQ3URSULHWDULLVHYGQHYRLLVUHVSHFWHUHJXODPHQWHGHXUEDQLVPFDUHQXIDFDOWFHYDGHFWVDGXFFRQVWUQJHULQOLPHPD[LPDGPLVIXQFLXQLDGPLVHSURFHQWGHRFXSDUHDWHUHQXOXLFRHILFLHQWGHXWLOL]DUHDWHUHQXOXLHWF5HJXODPHQWHOHGHXUEDQLVPSRWPHUJHIRDUWHQGHWDOLXSHQWUXPRQXPHQWHLVWRULFHVDXSHQWUX]RQHFDUHDXDQXPLWHFDUDFWHULVWLFLFHWUHEXLHSVWUDWHSRWH[LVWDUHJXOLFDUHSULYHVFFXORULOHPDWHULDOHOHGLPHQVLXQLOHIHUHVWUHORUSDQWDDFRSHULXULORUIRUPDJDUGXULORUHWF

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

    3HOQJ]RQHOHSHQWUXFDUHH[LVWUHJXOLFODUHFDUHVHSRWDUJXPHQWDFXXXULQH[LVWEXFLGHRUDFDUHQXDXRVWUXFWXUXUEDQELQHGHILQLWLSHQWUXFDUHQXH[LVWRJQGLUHFODUGHVSUHFHDUWUHEXLVGHYLQQYLLWRU3HQWUXDFHVWHDHVWHPXOWPDLGLILFLOGHVWDELOLWFDUHDUILUHJXOLOHGHFRQVWUXFLHGXSFDUHVVHJKLGH]HLDUKLWHFLLLSURSULHWDULLGHWHUHQXUL

    CINE

  • &KLDULFQGH[LVWQLWHUHJXOLQSODQXULOHXUEDQLVWLFHDSUREDWHGDFQXVXQWFODUHVFRSXULOHSHQWUXFDUHVHLPSXQDFHOHUHJXOLDWWFHLFDUHSURLHFWHD]FWLFHLFDUHYRUVFRQVWUXLDVFYRUQFHUFDVOHFRQWHVWH'HDVHPHQHDWUHEXLHVSXVFGDFOHJLVODLDSHUPLWHFHLFDUHDXLQWHUHVVFRQVWUXLDVFPDLPXOWVDXDOWIHOGHFWRLPSXQHUHJXODPHQWXOYRUIDFHWRDWHGHPHUVXULOHQHFHVDUHSHQWUXFDLQYHVWLLDORUVILHFWPDLSURILWDELO

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

    1XQXPDLQ5RPQLDH[LVWSRVLELOLWDWHDGHURJULLGHODUHJXOLOHH[LVWHQWHQDOWHULGHPHUVXOGHDVFKLPEDUHJXOLOHGHXUEDQLVPHVWHQVDVXPDWGHDXWRULWLQWUXQPRGVHULRVUHVSRQVDELOLDUILOWUHOHGHSURWHFLHDLQWHUHVXOXLSXEOLFFKLDUIXQFLRQHD]0DLPXOWH[HUFLWDUHDSURIHVLHLGHXUEDQLVWVHIDFHQFRQIRUPLWDWHFXXQFRGGHRQWRORJLFFDUHQXSHUPLWHSURIHVLRQLWLORUVILHDYRFDLLLQWHUHVXOXLSULYDWDWXQFLFQGDFHVWDFRQWUDYLQHLQWHUHVXOXLSXEOLFQ$QJOLDSODQQLQJDSSOLFDWLRQQXPRGLILFOXFUXULVWDELOLWHLYRWDWHGHMD'RDUGHPRQVWUHD]FXPVHQFDGUHD]QGHFL]LLGHMDOXDWH2DOWGLIHUHQHVHQLDOHVWHGDWGHIDSWXOFQXVXQWGDWHUHJXOLVWULFWHLGHWDOLDWHGHFWSHQWUXFKHVWLXQLIRDUWHFODUHQQLWH]RQHIRDUWHELQHGHOLPLWDWH$OWIHOVXQWQLWHRULHQWULOHJDWHGH327GHQVLWDWHGDUFHHDFHFRQWHD]HVWHSDUWHD23(5$,21$/FXPYDH[LVWSODQXULGHFDUWLHUVDXRUDFDUHVWDELOHVFRELHFWLYHGHGH]YROWDUHSHFWHYDWHPHPDMRUHORFXLQHFWHGHFWHIHOXULWUDQVSRUWHFRQRPLHPDLDOHVQWHUPHQLGHORFXULGHPXQFLUHVSHFWLYVSDLLFRPHUFLDOH3ULQXUPDUHSODQQLQJDSSOLFDWLRQWUHEXLHVILHRGHPRQVWUDLHGHFXPDQXPHDFHDGH]YROWDUHFRQGXFHODQGHSOLQLUHDRELHFWLYHORUGHGH]YROWDUHIL[DWHSHQWUXDFHD]RQ186(1(*2&,$=/8&585,/(&$5($8)267$352%$7(6('(021675($=02'8/1&$5(352381(5,/(&$5(9,1',10(',8/35,9$70(5*16(168/$352%$7'(-$SULQGRFXPHQWHGHSROLWLFLSXEOLFHSULQGHFL]LLDOHFRQVLOLXOXLORFDO

    CINE

  • &(16($01,'(&((67(1(&(6$5&223(5$5($175(352)(6,21,7,'(&,'(1,/2&8,725,"

    /DQWUHEDUHDFLQHIDFHRUDXO"FHLFDUHDXSXWHUHGHGHFL]LHDILUPFHLVXQWFHLQGUHSWLLVLDVXPHPHULWHLPSRUWDQWH'DUQXVXQWVLQJXULLFDUHYRUVILHUHFXQRVFXLFDILLQGLPSRUWDQLQRUD0XOLDUKLWHFLLXUEDQLWLSUHWLQGDFHDVWUHFXQRDWHUHSHQWUXVLPSOXOIDSWFQDLQWHVILHUHDOLWDWHWUDQVIRUPULOHVSDLXOXLDXIRVWLPDJLQDWHLGHVHQDWHGHHL&HLFDUHLQYHVWHVFVXPHLPSRUWDQWHQSURLHFWHLPRELOLDUHYRUUHFXQRDWHUHSHQWUXFIUHLGHVHQHOHDUKLWHFLORUDUUPQHSHKUWLHLFKLDULFXDSUREULOHGHFLGHQLORUQXDUDYHDQLFLXQHIHFWQRUDQDOWHULDDFXPYRPYHGHDQXOWLPDVHFLXQHDDFHVWXLFDSLWROFHWHQLLRELQXLLFXWRDWHFVXQWOLSVLLGHSXWHUHILQDQFLDUGHSXWHUHGHGHFL]LHVDXGHSXWHUHFRQIHULWGHFXQRWLQHOHSURIHVLRQDOHVHSUHRFXSGHVRDUWDRUDXOXLORULYRUVSDUWLFLSHODWUDQVIRUPULOHDFHVWXLD

    $WXQFLFQGRSHUVRDQVDXXQJUXSGHRDPHQLDUHXQLQWHUHVQWUXQGHPHUVGHVFKLPEDUHDRUDXOXLFDQWUHJVDXDXQHLSULGHRUDDFHVWDVHSRDWHGHILQLFD$&72585%$1

    'HILQLLDHVWHLQWHQLRQDWIRDUWHODUJSHQWUXDSXWHDFXSULQGHDWWLQGLYL]LFWLJUXSXULGHGLIHULWHGLPHQVLXQLDWWGLQVIHUDSXEOLFFWLGLQPHGLXOSULYDWDWWSHFHLSXWHUQLFLSHQWUXFDXIXQFLLGHGHFL]LHVDXUHVXUVHILQDQFLDUHLPSRUWDQWHFWLSHFHLDSDUHQWOLSVLLGHPLMORDFHHILFLHQWHSHQWUXDLQIOXHQDGHFL]LD,QWHUHVXOORUSRDWHILH[SULPDWVDXVXVLQXWQPRGDFWLYVDXSRDWHILGHGXVQFD]XODFHORUSHUVRDQHVDXJUXSXULFDUHVXQWSDVLYH$FHVWHDGLQXUPVXSRUWFRQVHFLQHOHVFKLPEULORULGHLDUH[LVWDFLSULQFDUHLQWHUHVXOORUVILHUHSUH]HQWDWDOHJVQXVHPDQLIHVWHQLFLGLUHFWLQLFLSULQUHSUH]HQWDQL

    $PUH]XPDWQSDUDJUDIXOSUHFHGHQWIDSWXOFILHFDUHDFWRUXUEDQDUSXWHDSUHWLQGHFHVWHFHOPDLLPSRUWDQWQSURFHVHOHGHVFKLPEDUHDOHRUDXOXLQIDSWRUDXOHVWHUH]XOWDWXOPRGXOXLQFDUHDFHVWHJUXSXULGHDFWRULLQWHUDFLRQHD]XQLLFXDOLL

    $DDIRVWGLQWRWGHDXQD3XWHUHDGHGHFL]LHLSXWHUHDILQDQFLDUDXIRVWGHDOXQJXOYUHPLLFRQFHQWUDWHODXQQXPUUHGXVGHRDPHQL'HPXOWHRULDPEHOHSXWHULHUDXGHLQXWHGHDFHHDLSHUVRDQ3ULQFLSHOHVDXHSLVFRSXOGLVSXQHDGHUHVXUVHPDWHULDOHIRQGXULWHUHQXULSHQWUXDFRQVWUXLLGHFLGHDFXPVOHIRORVHDVFIUDDYHDQHYRLHGHDFRUGXOQLPQXL&XQRWLQHOHWHKQLFHYHQHDXGHODPHWHULVDXDUWLWLFDUHHUDXDQJDMDLSHQWUXROXFUDUHVIDFSRVLELOUHDOL]DUHDYLVXULORUFRPDQGLWDUXOXL

    2GDWFXFUHWHUHDFRPSOH[LWLLLDGLPHQVLXQLLRUDHORUDGHYHQLWQHFHVDUIRORVLUHDUHJXODPHQWHORUGHFRQVWUXFLH3ULQUHJXODPHQWHGHXUEDQLVPDFUHVFXWLPSRUWDQDDUJXPHQWXOXLWHKQLFDSURIHVLRQLWLORUFDUHVWDELOHVFDFHOHUHJXOL3XWHUHDGDWGHFXQRDWHUHDFUHVFXWQLQWHQVLWDWHQSDUDOHOHYROXLDRUJDQL]ULLVRFLDOHDFRQGXVFWUHGHILQLUHDGLQFHQFHPDLFODUDUROXOXLDXWRULWLLSXEOLFHORFDOHQDVLJXUDUHDXQHLGH]YROWULHFKLOLEUDWH3XWHUHDGHGHFL]LHQRUDQXPDLHVWHD]LFHOSXLQODQLYHOWHRUHWLFGHLQXWGHDFHHDLRDPHQLFDUHDXLSXWHUHDILQDQFLDUVWUDQVIRUPHRUDXO

    CINE

  • Cum apare ideea XQXLSURLHFW"

    QVIHUDSULYDW3HQWUXXQGH]YROWDWRULPRELOLDUSULYDWLQWHQLDGHDH[SORDWDXQWHUHQFDDIDFHUHLPRELOLDUVDXGHDGH]YROWDRRSRUWXQLWDWHHVWHDDFXPVDPDLVSXVDOLPHQWDWGHLQWHUHVXOSHQWUXDIDFHSURILW

    3HQWUXRIDPLOLHVDXRSHUVRDQIL]LFLQWHQLDGHDFRQVWUXLHVWHGHFODQDWILHSHQWUXDLVSRULYHQLWXULOHILHSHQWUXSHQWUXX]SHUVRQDO

    QSODQDGPLQLVWUDWLYVDXSURFHGXUDOLQWHQLDXQHLSHUVRDQHIL]LFHVDXMXULGLFHGHDLQLLDXQSURLHFWVHPDQLIHVWSULQWURFHUHUHGHFHUWLILFDWGHXUEDQLVPDOWXULGHFDUHVHSUH]LQWLLGHHDSURLHFWXOXLSULQWUXQVFXUWPHPRULXLSULQWUXQSODQGHVLWXDLH$FHDVWDHVWHSUDFWLFDFXUHQW/HJLVODLDGHXUEDQLVPVSXQHFRULFLQHSRDWHVROLFLWDXQFHUWLILFDWGHXUEDQLVPSHQWUXRULFHSDUFHOFKLDUGDFQXDUHDFWHFDUHVDWHVWHSURSULHWDWHDDVXSUDDFHOXLWHUHQ

    ([LVWQVOHJLFDUHQXVXQWFRUHODWHQWUHHOHQOHJLVODLDDIHUHQWVHFWRUXOXLFRQVWUXFLLORUDXWRULWDWHDSXEOLFORFDOFDUHHOLEHUHD]FHUWLILFDWXOGHXUEDQLVPHVWHQGUHSWLWVFRQGLLRQH]HHOLEHUDUHDXQXLFHUWLILFDWGHXUEDQLVPGHH[LVWHQDDFWHORUGHSURSULHWDWH

    QVIHUDSXEOLFLGHLGHSURLHFWHDOHDGPLQLVWUDLHLSXEOLFHORFDOH$GPLQLVWUDLLOHORFDOHGLQ5RPQLDQXDXGDWGRYDGGHIRDUWHPXOWLQLLDWLYLFUHDWLYLWDWHQSURLHFWHOHSHFDUHOHDXLQLLDWQXOWLPLLGHDQLDXFRPDQGDWQSULQFLSDOOXFUULGHDVIDOWDUHLUHDVWIDOWDUHDVWU]LORUGLQRUDDPHQDMDUHLQWUHLQHUHDVSDLLORUYHU]LVDXFHOPXOWRJURDSHFRORJLFSHQWUXGHHXUL)LUPHOHGHSURLHFWDUHGLQ5RPQLDVHXLWFXLQYLGLHODFROHJLLORUGLQUHVWXO(XURSHLFDUHDXFHOHPDLLPSRUWDQWHFRPHQ]LSULQLQLLDWLYHSXEOLFHFRQVWUXFLLQRLVDXUHDELOLWULGHFROLPX]HHVSLWDOHORFXLQHVRFLDOHHWF

    6HSRDWHDUJXPHQWDFDIRVWLHVWHXQFRQWH[WHFRQRPLFGLILFLOSHQWUXPXOWHDGPLQLVWUDLLORFDOHGLQ5RPQLDFDUHDXGXSGHVFHQWUDOL]DUHPXOWHUHVSRQVDELOLWLLFKHOWXLHOLLDUYHQLWXULOHQXVXQWQWRWGHDXQDVXILFLHQWHSHQWUXDDFRSHULSURSULLOHFKHOWXLHOLDGPLQLVWUDWLYHVDODULLOHSHQWUXIXQFLRQDULLSXEOLFLVSULMLQXOILQDQFLDUFDUHHVWHDFRUGDWFDDVLVWHQVRFLDOVDODULLOHLFKHOWXLHOLOHGHQWUHLQHUHSHQWUXXQLWLOHGHQYPQWSUHFRODULFRODURUGLQHDSXEOLFWUDQVSRUWXOSXEOLFLOXPLQDWXOSXEOLFDOWHVHUYLFLLGHJRVSRGULUHFRPXQDOHWF

    3DUWHDEXJHWXOXLORFDOFHSRDWHVXVLQHLQLLHUHDLGHUXODUHDXQRUSURLHFWHHVWHFHDGHGLFDWLQYHVWLLLORU$FHDVWDSRDWHSXUWDGLYHUVHGHQXPLULGH]YROWDUHORFDOGH]YROWDUHSXEOLFHWF

    'LQSXQFWXOGHYHGHUHDOGRFXPHQWHORUWHKQLFHLDGPLQLVWUDWLYHVXSRUWXOSHFDUHDSDUHLGHHDGHSURLHFWHVWHXQDFWLQWHUQDGPLQLVWUDLHLSXEOLFHORFDOHSHED]DFUXLDVHLQFOXGHQSURLHFWXOGH

    CINE

  • EXJHWFKHOWXLDODDIHUHQWDFHOHLLQYHVWLLL'HLH[LVWOHJLVODLHFDUHLPSXQHQHFHVLWDWHSUH]HQWULLDUJXPHQWHORUSULYLQGQHFHVLWDWHDDFHOHLLQYHVWLLLGHPXOWHRULXQGHYL]HVWLPDWLYLQIRUPDLLILQDQFLDUHLXQWH[WGHGHVFULHUHDLQYHVWLLHLUHVSHFWLYHPHPRULXMXVWLILFDWLYVXQWFRQVLGHUDWHVXILFLHQWH'DFSHQWUXDDORFDIRQGXULSXEOLFHSHQWUXSURLHFWHVXQWQHFHVDUHVWXGLLGHIH]DELOLWDWHDWXQFLFHOSXLQWHRUHWLFSURIHVLRQLWLLDUWUHEXLVLDGXFFRQWULEXLDODDIODUHDFHORUPDLEXQHVROXLL'HPXOWHRULQVFHLFDUHHODERUHD]VWXGLXOGHIH]DELOLWDWHQXVWXGLD]QPRGUHDOYDULDQWHSRVLELOHFLIDFRVLPXODUHGHVWXGLXSHYDULDQWHSUH]HQWQGVROXLDFHUXWGHEHQHILFLDULVLPXOQGQFRYDULDQWGRDUSHQWUXDVDWLVIDFHFHULQHOHLPSXVHGHOHJLVODLH

    1LFLGHFLGHQLIUSURIHVLRQLWLQLFLSURIHVLRQLWLIUGHFLGHQL8QSURLHFWSXEOLFDUWUHEXLVIDFSDUWHGLQWUXQSURJUDPDQXQDWQFDPSDQLHHOHFWRUDOVDXDVXPDWFDPRGGHDDWLQJHRELHFWLYHGHGH]YROWDUHSHFDUHLOHDIL[DWFRPXQLWDWHDORFDOGHH[HPSOXRVWUDWHJLHGHGH]YROWDUHORFDOGRFXPHQWGHSROLWLFLSXEOLFHYRWDWQFRQVLOLXORFDO'DFSURLHFWHOHGHLQYHVWLLLQXGHULYGLQSODQXULLSURJUDPHGHGH]YROWDUHFLGRDUGLQYRLQDGHFLGHQLORUDWXQFLDUJXPHQWHOHSULYLQGQHFHVLWDWHDDFHOXLSURLHFWVXQWFRQWHVWDELOHLDULQWHUDFLXQHDGLQWUHSURIHVLRQLWLLGHFLGHQLHVWHXQDH[WUHPGHVODE

    3HGHDOWSDUWHGDFLGHLGHSURJUDPHLSURLHFWHDSDUQXPDLGLQVIHUDSURIHVLRQDOGDUQXLJVHVFSXUWWRULGHSURLHFWGLQVIHUDSROLWLFDWXQFLDFHOHLGHLULVFVUPQGRDUSHKUWLHGHLVXQWH[WUHPGHQHFHVDUHLDUUDSRUWXOQWUHFRVWXULOHSHFDUHOHDULPSOLFDLUHVSHFWLYEHQHILFLLOHSHFDUHOHDUDGXFHDUILXQXOIRDUWHEXQ7UHEXLHGHFLQHOHDVLPSRUWDQDOHDGHUVKLSXOXLSROLWLFSHQWUXDDVLJXUDHQHUJLDQHFHVDUSHQWUXSURPRYDUHDDSUREDUHDLLPSOHPHQWDUHDXQXLSURLHFW

    'XSLQWHJUDUHDQ8QLXQHD(XURSHDQDGPLQLVWUDLDSXEOLFORFDOGLQ5RPQLDSRDWHDVLJXUDILQDQDUHDXQRUSURLHFWHGLQIRQGXULHXURSHQH6HSDUHQVFSHQWUXSULPXOH[HUFLLXILQDQFLDUGLQSHULRDGDDFHDVWRSRUWXQLWDWHQXDIRVWVXILFLHQWH[SORDWDW$WXQFLFQGDXWRULWLOHSXEOLFHORFDOHDXGHSXVSURLHFWHSHQWUXILQDQDUHLGHLOHGHSURLHFWHQXDXIRVWIRDUWHFUHDWLYHLIRQGXULOHDXIRVWIRORVLWHSHQWUXDVIDOWDUHDXQRUVWU]LLQVWDODUHDGHFDPHUHGHVXSUDYHJKHUHHWF

    &XPSUWXULOHGLQIRQGXULOHSXEOLFHWUHEXLHIRDUWHDWHQWDUJXPHQWDWH$PHQDMDUHDFXSDOPLHULDLQWHUVHFLLORUGLQWUXQRUDFXFOLPDWWHPSHUDWFRQWLQHQWDOQXDIRVWXQSURLHFWIXQGDPHQWDWSHDUJXPHQWHVROLGHFKLDUGDFDDGXVVLPSDWLLVDXDQWLSDWLLQRULFHFD]PXOWYL]LELOLWDWHSULPDUXOXLFDUHDDYXWDFHDVWLGHH

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

    CINE

  • &DUHVXQWPRWLYDLLOHDFWRULORU"

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

    GHFL]LLOHFXSULYLUHODFHVHFRQVWUXLHWHGHPROHD]OHDIHFWHD]GLUHFWYLHLOHRUDXOHVWHXQEXQFRPXQLDUORFXLWRULLORUVXQWOHJLWLPDLVLH[SULPHSXQFWXDOGHYHGHUHFXSULYLUHODFHVHYDIDFHQRUDVXQWFHLPDLEXQLFXQRVFWRULDLQHYRLORUFRPXQLWLLORULDURULFHSURLHFWDUHXQLPSDFWGLUHFWDVXSUDFRPXQLWLLQUHJLPXOGHWLSGHPRFUDWLFHVWHGHGRULWXQPHFDQLVPGHWLSGRZQWRSILORVRILDODED]FUHLDVWD[LRPDFFHWHQLLLSRWQHOHJHLLFXQRVFFHOPDLELQHLQWHUHVHOHLQHYRLOHXQSURLHFWQHOHVLDJUHDWGHFRPXQLWDWHHVWHIRDUWHSUREDELOVQXILHFRQWHVWDWLSUHQWPSLQVLWXDLDQFDUHSURLHFWXOSRDWHILEORFDWQLQVWDQLGHFLSHUSHWXDUHDDQWLHUHORUVDXSDJXEHILQDQFLDUHSHQWUXLQYHVWLWRULSULQLQIRUPDUHDLLPSOLFDUHDFHWHQLORUQOXDUHDGHFL]LLORUVXQWFUHDWHUHIOH[HSDUWLFLSDWLYHFDUHQWLPSFRQVROLGHD]FRPXQLWDWHDLHGXFFHWHQLLQVSLULWXOLPSOLFULLLUHGXFHULLFXWLPSXODFRVWXULORUFXSULYLUHODLQIRUPDUHDFHWHQLORU

    CINE

  • 352)(6,21,7,,

    ,19(67,725,,35235,(7$5,,3$5&(/(,

    /2&8,725,,

    '(&,'(1,,

    ,QWHUHVQPD[LPL]DUHDSURILWXOXLQXUPDLQYHVWLLHL'UHSWGHSURSULHWDWHDVXSDWHUHQXOXLGLQFDUHQXGHULYQPRGDXWRPDWFSRDWHIDFHRULFHSHUHVSHFWLYXOWHUHQGUHSWXOGHDXWLOL]DWHUHQXOWUHEXLHVDILHQHJRFLDW5HVSRQVDELOLWDWHIDGHFRPXQLWDWHDORFDOQWHUPHQLLGH]YROWULLGXUDELOHRULFHLQYHVWLLHWUHEXLHVILHIFXWFXFRQVLGHUDLHSHQWUXGH]YROWDUHDHFRQRPLHLORFDOHSHQWUXPHGLXLSHQWUXDVSHFWHOHVRFLDOHDOHFRPXQLWLLORFDOH

    (ODERUHD]SODQXULOHGHXUEDQLVPLSURLHFWHOH5HDOL]HD]RFRPDQGILHFHVWHYRUEDGHVSUHRFRPDQGDLQVWLWXLLORUSXEOLFHILHFHVWHYRUEDGHVSUHXQLQYHVWLWRUSULYDW6XQWPDLPXOWLQWHUHVDLGHSDUWHDWHKQLFILLQGPDLJUHXGHFRQYLQVGHLPSRUWDQDGHPHUVXOXLGHDconsulta FHWHQLL

    ,QWHUHVDLGHFDOLWDWHDORFXLULLWUDQVSRUWHILFLHQWPHGLXVQWRVDUPRQLHDUKLWHFWXUDO$SDUHQWOLSVGHSUHRFXSDUHSHQWUXSUREOHPHOHFHWLLOLSVGHWLPSOLSVGHDFFHVUDSLGODLQIRUPDLLOLSVGHH[SHUWL]SHQWUXDQHOHJHWHUPHQLLWHKQLFLFDUHGHVFULXSURLHFWHOH&RPSRUWDPHQWPDLGHJUDEUHDFWLYGHFWFRQVWUXFWLYQFRQGLLLOHQFDUHQXDXDFFHVODLQIRUPDLLFXSULYLUH ODSURLHFWHOHXUEDQHQWLPSXWLODFHWLDUHDFLRQHD]PDLGHJUDEODLQVWDODUHDSDQRXOXLGHDQWLHUFQGGHMDSURFHGXUDGHUHJQGLUHDSURLHFWXOXLHVWHFRPSOLFDW

    5HVSRQVDELOLWDWHDILQDOFXSULYLUHODDYL]DUHDXQXLSURLHFWQYLUWXWHDPDQGDWXOXLVXQWUHVSRQVDELOLSHQWUXWUDQVSXQHUHDQSURLHFWHDLQWHUHVXOXLSXEOLF8QUROUHODWLYFRQWURYHUVDWPHGLHUHQWUHLQWHUHVHOHFHWHQLORULDOHLQYHVWLWRULORUYRWDUHDSURLHFWHORUQFRQFRUGDQFXWRDWHSULQFLSLLOHGH]YROWULLGXUDELOH

    CINE

  • ,QIRUPDUHYHUVXVFRQVXOWDUH&DGUXOOHJLVODWLYDOUHDOL]ULLLLPSOHPHQWULLSURLHFWHORUGHXUEDQLVPVWLSXOHD]FDREOLJDWRULL,1)250$5($L&2168/7$5($FHWHQLORU'LVWLQFLLLPSRUWDQWH

    LQIRUPDUHDDVXPFRPXQLFDUHDFWUHSXEOLFDXQRULQIRUPDLLFXSULYLUHODFHOHFHXUPHD]DVHFRQVWXULQRUD GHFHOHPDLPXOWHRULLDIRUPDXQRUSRVWULRQOLQHDSURLHFWHORUGRFXPHQWHVFDQDWHIUH[SOLFDLLFXFDUDFWHUQRQWHKQLFGLQFDUHVSRDWILQHOHVSURLHFWXO

    FRQVXOWDUHD RIHUSXEOLFXOSRVLELOLWDWHDGHDLVSXQHSUHUHDFXSULYLUHODXQSURLHFW DVXPFFHWHQLLSRWQHOHJHSURLHFWXOSUHFXPLFRQVHFLQHOHDFHVWXLDDVXSUDFRPXQLWLL SURSXQHDOWHUQDWLYHQYDULDQWDLGHDOWUHEXLHFDSURIHVLRQLWLLVRIHUHPDLPXOWHYDULDQWH

    careVUVSXQGFWPDLPXOWRUQHYRL'HFHOHPDLPXOWHRUL16FRQVXOWDUHDLDIRUPDXQXLIRUPXODURQOLQHQED]DXQXLSURLHFWWHKQLF$VWIHOFFHWHQLL

    1XQHOHJSURLHFWXOGHFLQXLSRWIRUPXODREVHUYDLLOHFRUHFW 1XQHOHJQFHPVXUFRPSOHWDUHDXQXLIRUPXODURQOLQHYDDYHDHIHFWLYHIHFWDVXSUDSURLHFWXOXLQFRQGLLLOHQFDUHQXH[LVWXQLQWHUORFXWRU

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

    CINE

    CINE

  • /DQLYHOXOFRPXQLWLORUORFDOHLGHHDSDUWLFLSULLFHWHQHWLQSURFHVXOJXYHUQULLLLPSOLFLWDOOXULLGHFL]LLORUDUHRLPSRUWDQGHRVHELWGHPDUHGHRDUHFHGHFL]LLOHDGPLQLVWUDLHLDXFHOPDLYL]LELOLPSDFWDVXSUDRDPHQLORULFRQWULEXLDFHWHQLORUVHRELQHPDLXRUGDFDGPLQLVWUDLDORFDOLGRUHWHDFHVWOXFUX'HVLJXUWUHEXLHFDFHWHQLLVQHOHDJFDUHOHVXQWUHVSRQVDELOLWLOHQDFHVWSURFHVGHPRFUDWLFGHJXYHUQDUH$FHDVWDQVHDPQFDGPLQLVWUDLDORFDOWUHEXLHVHGXFHFHWHQLLQUROXOORUGHSDUWLFLSDQLDFWLYLQDFWLYLWLOHDGPLQLVWUDLHLQXQXPDLQDOHJHULGDULQGHUXODUHDSURFHVXOGHJXYHUQDUHDODGPLQLVWUDLHL

    QGRPHQLXOSODQLILFULLXUEDQHFRQWULEXLDFHWHQLORULDODOWRUDFWRULXUEDQLVHFWRUXOSULYDWLQVWLWXLLVHFWRULDOHDVRFLDLLJUXSXULRUJDQL]DWHFXGLYHUVHSUHRFXSULSUHFXPSURWHFLDPHGLXOXLUHJHQHUDUHDSDWULPRQLXOXLFRQVWUXLWHWFHVWHFXDWWPDLMXVWLILFDWFXFWSHGHRSDUWHGRPHQLXOHVWHPDLSDOSDELOLPDLDWUDFWLYSHQWUXFHWHQLFRPSDUDWLYFXFHODOILQDQHORUORFDOHGHH[HPSOXLSHGHDOWSDUWHGHFL]LLOHVXQWYL]LELOHSHWHUPHQPDLVFXUWGDUDIHFWHD]LUHYHUVLELOYLDDFHWHQLORU3ODQLILFDUHDXUEDQVXIHUQSUH]HQWRWUDQ]LLHGHODPRGXOWUDGLLRQDOQSULQFLSDOFDSDQDFHXH[FOXVLYDOXUEDQLWLORUFXRDERUGDUHYHUWLFDOGHVXVQMRVODLPSOLFDUHDWXWXURUIDFWRULORULQWHUHVDLDLFRPXQLWLLQGH]YROWDUHDXUEDQ$VWIHODERUGULOHSDUWLFLSDWLYHQUHDOL]DUHDSODQXULORUGHXUEDQLVPLGHDPHQDMDUHDWHULWRULXOXLDXGHYHQLWQXOWLPHOHGHFHQLLRSUDFWLFFRQVWDQWQPXOWHUL

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

    &$5(681735292&5,/(3$57,&,35,,1352&(68/'(3/$1,),&$5(85%$1"

    CUM

    N&80"

  • 'HRVHELWGHLPSRUWDQWHVWHPHQLQHUHDHFKLOLEUXOXLGLQWUHRSLQLLOHSUH]HQWDWHGHFWUHSULOHFRQVXOWDWH3URFHVXOGHFRQVXOWDUHWUHEXLHVILHDGHFYDWLHFKLWDELOIDUDIDYRUL]DDQXPLWHJUXSXULGHLQWHUHVH3ULQFLSDOXOSDVFHWUHEXLHIFXWQDFHVWVHQVHVWHLGHQWLILFDUHDFODUDFULWHULLORUGHVHOHFLHDJUXSXULORUFRQVXOWDWHQIXQFWLHGHUHOHYDQDVXELHFWXOXLVXSXVDWHQLHLSXEOLFH

    ,QVWLWXLLOHFHQWUDOHLORFDOHWUHEXLHVLRULHQWH]HDFWLYLWDWHDDVWIHOQFWDFFHVXOFHWHQLORUODLQIRUPDLLOHFDUHLYL]HD]DWWFDLQGLYL]LFWLFRPXQLWDWHDQLQWUHJXOHLLSDUWLFLSDUHDODOXDUHDGHFL]LLORUVILHDVLJXUDWHIUGLVFULPLQDUHQHSDUWL]DQLQHFRQGLLRQDW'RDUDDVHSRWDSOLFDSULQFLSLLOHEXQHLJXYHUQULUHVSHFWDUHDOHJLLOLSVDGLVFULPLQULLLWUDWDPHQWXOHJDOSURSRULRQDOLWDWHDFRQVHFYHQDRELHFWLYLWDWHDLLPSDULDOLWDWHD

    5HVSHFWDUHDPLQLPDODDFHVWRUDYDJDUDQWDVHUYLFLLSXEOLFHDGPLQLVWUDWLYHGHRFDOLWDWHVXSHULRDULRPDLEXQLQIRUPDUHLLPSOLFDUHDFRPXQLWLLQWRDWHFKHVWLXQLOHOHJDWHGHWHULWRULXHVWHHVHQLDOYDORDUHDDGDXJDWDDERUGULLFRPXQHHXURSHQHFDUHSXQHSHXQSODQPDMRULQIRUPDUHDLFRQVXOWDUHDFHWHQLORUFDRFRPSRQHQWHVHQLDODGH]YROWULLGXUDELOH

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

    CUM

  • $VWIHOQWURFRPXQLWDWHORFDOXQGHDGPLQLVWUDLDLFHWHQLLVXQWLPSOLFDLDFWLYQSURFHVXOSDUWLFLSDULLFHWHQHWLQSODQLILFDUHDXUEDQDGPLQLVWUDLDORFDOWUHEXLHVILHSUHJDWLW

    VPSUWHDVFLQIRUPDLLOHUHIHULWRDUHODSODQXULOHGHXUEDQLVPQWURPDQLHURQHVWFRPSOHWLFODUGDULIRDUWHGHYUHPHQGHUXODUHDSURFHVXOXLGHHODERUDUHDDFHVWRUSODQXULVH[SOLFHFRPXQLWLLSURFHVXOGHDUWLFXODUHDWXWXURULQWHUHVHORUSHQWUXDFRDJXODLQWHUHVXOSXEOLFQSODQLILFDUHDXUEDQVRIHUHFHWHQLORULDFWRULORUXUEDQLFHDXLQWHUHVHLVDXVXQWDIHFWDLGHUHVSHFWLYXOSODQSRVLELOLWDWHDGHDLH[SULPDRSLQLLOHLGHDLQIOXHQDGHFL]LLOHDGPLQLVWUDLHLQWUXQPRGFRUHFWLGHVFKLVVQFXUDMH]HFHWHQLLVSURILWHGHSRVLELOLWLOHGHSDUWLFLSDUHQDFHVWSURFHVFRQVXOWDWLYVVHDQJDMH]HQH[SOLFDUHDOXULLGHFL]LLORUILQDOHFXH[SOLFDLLVROLGHLUDLRQDOHDDUJXPHQWHORUFDUHDXFRQGXVODDFHOHGHFL]LL

    QDFHVWIHOFHWHQLL

    YRUQHOHJHGUHSWXULOHLREOLJDLLOHFDUHOHUHYLQSHQWUXDOXDSDUWHODOXDUHDGHFL]LLORUODQLYHOORFDOFDUHOHSRWDIHFWDYLHLOHYRUILSUHJWLLVFRQOXFUH]HRQHVWLFRQVWUXFWLYSHQWUXDDVLVWDUHSUH]HQWDQLLDGPLQLVWUDLHLSXEOLFHORFDOHQUH]ROYDUHDGLVIXQFLRQDOLWLORUXUEDQHLVDFFHSWHIDSWXOFLQWHUHVXOSXEOLFSULPHD]

    QPRPHQWXOGHIDQ5RPQLDUHSUH]HQWDQLLDGPLQLVWUDLHLORFDOHQVSHFLDOFRQVLOLHULLORFDOLWUHEXLHVILHOLGHULQSURPRYDUHDSDUWLFLSULLFHWHQHWL'HRDUHFHSDUWLFLSDUHDFHWHQHDVFHVWHRLGHHQRXSHQWUXPXOLRDPHQLUHSUH]HQWDQLLDGPLQLVWUDLHLYRUILFHOPDLSUREDELOVDXDUWUHEXLVILHDFHLDFDUHYRUDYHDLQLLDWLYDSURFHVXOXL

    $FHDVWDSUHVXSXQHXQDQJDMDPHQWSXWHUQLFSHQWUXSDUWLFLSDUHFHWHQHDVFGLQSDUWHDOLGHULORUORFDOLQFHSDQGFXFRQVLOLHULLORFDOLDOHL&RQVLOLXOORFDODUWUHEXLVLH[SULPHDQJDMDPHQWXOSHQWUXSDUWLFLSDUHFHWHQHDVFQJHQHUDOGDULQSODQLILFDUHDXUEDQQVSHFLDOQPRGFODUVLQFHULQPRGIUHFYHQW3HUVRQDOXOFDUHHVWHLPSOLFDWQOXFUXOGLUHFWFXSXEOLFXOFDGHH[HPSOXELURXOGHUHODLLSXEOLFHLGLUHFWRULL&HQWUHORUGH,QIRUPDLLSHQWUX&HWHQLWUHEXLHVDLEXQDQJDMDPHQWSXWHUQLFIDGHSDUWLFLSDUHDFHWDWHQHDVFLVILHSXWHUQLFFRQHFWDWHODLQIRUPDLDGHXUEDQLVP

    3UREDELOFQXWRDWHSHUVRDQHOHGLQDGPLQLVWUDLDORFDOYRUILFRQYLQVHFSDUWLFLSDUHDFHWHQHDVFHVWHQHFHVDUVDXSRWULYLWQGRPHQLXOSODQLILFULLXUEDQH$FHVWDQXDUILXQFD]L]RODWQILHFDUHDUUHSUH]HQWDQLLDGPLQLVWUDLHLDXUROXULGLILFLOHGDUQHOHJFH[LVWPXOWHREVWDFROHQUHDOL]DUHDacestor roluri.

    &WHRGDWUHSUH]HQWDQLLDGPLQLVWUDLHLVHSRWQWUHEDGDFLPSOLFDUHDFHWHQLORUFKLDUYDILHILFLHQWLGDFFHWHQLLGHUQGVDXUHSUH]HQWDQLLVHFWRUXOXLSULYDWSRWQHOHJHFXDGHYUDWSUREOHPHOHH[LVWHQWHQSODQLILFDUHDXUEDQLSRWFRQWULEXLODUHDOL]DUHDFHOXLPDLEXQSODQ3DUWLFLSDUHDFHWHQHDVFSDUHVILHXQXOGLQWUHREVWDFROHOHFDUHLLPSLHGLFQH[HUFLWDUHDIXQFLHLORU

    ([SULPDUHDXQRUDVWIHOGHGXELLUHIOHFWGHIDSWQDWXUDXPDQ'DUFXVLJXUDQQGHPRFUDLHH[LVWDYDQWDMHDWXQFLFQGUHSUH]HQWDQLLDGPLQLVWUDLHLORFDOHQXQXPDLFDFFHSWGDULQFXUDMHD]SDUWLFLSDUHDFHWHQHDVF,DUSHQWUXFDDFHDVWDVILHHILFLHQWHDWUHEXLHVVHGHVIRDUHQWUXQPRGVWUXFWXUDWFXRELHFWLYHFODUHLFXRSODQLILFDUHSUHFLVFDUHVFXSULQGWRDWHHWDSHOHHODERUULLLDSUREULLSODQXOXLGHXUEDQLVP$FHVWJKLGLSURSXQHWRFPDLVRIHUHXQVFXUWQGUXPDUQDFHVWsens.

    CUM

  • CUM

    $VSHFWHJHQHUDOHSULYLQGSDUWLFLSDUHDFHWHQLORUQOXDUHDGHFL]LHL3DUWLFLSDUHDFHWHQHDVFFRQVWQRULFHSURFHVSULQFDUHFHWHQLLLQIOXHQHD]GHFL]LLOHSXEOLFHFDUHOHDIHFWHD]SURSULDYLDVDXSHFHDDFRPXQLWLL3DUWLFLSDUHDSRDWHILDFWLYDWXQFLFQGFHWHQLLLQWHUDFLRQHD]FXDOHLLORUVDXFXH[HFXWLYXODGPLQLVWUDLHLORFDOHSHQWUXDLQIOXHQDGHFL]LLOHSULYLQGSROLWLFLOHSXEOLFHSDVLYDWXQFLFQGFHWHQLLSDUWLFLSGRDUODRQWUXQLUHSXEOLFSHQWUXDSULPLLQIRUPDLLDVXSUDVLWXDLHLXQXLQRXSURJUDPDODXWRULWLLORFDOHVDXFQGVHSUH]LQWODYRWQFDGUXOSURFHVXOXLHOHFWRUDO

    3DUWLFLSDUHDFHWHQHDVFHVWHFHDPDLHILFDFHDWXQFLFQGFHWHQLLVHDGXQVDIOHLVGLVFXWHGDULVLH[SULPHSUHULOHDFHVWHRFD]LLILLQGIRDUWHXWLOHSHQWUXRELQHUHDFRPSURPLVXOXLFHHDFHSRDWHFRQVWLWXLPDLDSRLXQVSULMLQLPSRUWDQWQLPSOHPHQWDUHDUHVSHFWLYHORUDFLXQLLVDXSODQXUL

    CARE SUNT VALORILE '(%$=3(175835$&7,&$5($3$57,&,35,,38%/,&(13/$1,),&$5(,352,(&7$5(85%$1"3XEOLFXODUWUHEXLVDLEXQFXYQWQGHFL]LLOHFHSULYHVFDFHOHDFLXQLFDUHOHDIHFWHD]YLDD3DUWLFLSDUHDSXEOLFLQFOXGHSURPLVLXQHDFDFHDVWDYDLQIOXHQDGHFL]LD3URFHVXOSDUWLFLSULLSXEOLFHFRPXQLFLQWHUHVHOHLYLQHQQWPSLQDUHDQHYRLORUtuturor SDUWLFLSDQLORU3URFHVXOSDUWLFLSULLSXEOLFHGHVFRSHULIDFLOLWHD]LPSOLFDUHDDFHVWRUSHUVRDQHSRWHQLDODIHFWDWH3URFHVXOSDUWLFLSULLSXEOLFHLQYLWSDUWLFLSDQLLVLGHILQHDVFPRGXOSURSULXGHimplicare.3URFHVXOSDUWLFLSULLSXEOLFHDUDWSDUWLFLSDQLORUIHOXOQFDUHFRQWULEXLDORUDDIHFWDWdecizia.3URFHVXOSDUWLFLSULLSXEOLFHIXUQL]HD]SDUWLFLSDQLORULQIRUPDLLOHQHFHVDUHSHQWUXFDDFHWLDVSDUWLFLSHQWUXQPRGFWPDLVHPQLILFDWLY

  • $YDQWDMHOHSDUWLFLSULLFHWHQHWL

    'LQSHUVSHFWLYDDOHLORUORFDOLSDUWLFLSDUHDFHWHQHDVFLDMXWSHDOHLVLDGHFL]LLPDLEXQHLQWURGXFQGQSURFHVRQHOHJHUHPDLSURIXQGLPDLFXSULQ]WRDUHDSUREOHPHORUWHPHORULSUHRFXSULORU'HFL]LLOHLSURSXQHULOHDXWRULWLORUVXQWDFFHSWDWHPDLXRUGHFWUHSXEOLFGDFFHWHQLLDXDYXWXQFXYQGGHVSXVSHSDUFXUVXOSURFHVXOXLQFRQWLQXDUHRFD]LLOHGHDSDUWLFLSDSRWPRWLYDRDPHQLLLJUXSXULOHGHDVHLPSOLFDLPDLPXOWQFRPXQLWDWHDORUGLVWULEXLQGDVWIHOUHVSRQVDELOLWDWHDLUVSXQGHUHDSHQWUXFHHDFHVHQWPSOQFRPXQLWDWHXQXLQXPUPDLPDUHGHFHWHQL

    'LQSHUVSHFWLYDSXEOLFXOXLLPSOLFDUHDFHWHQLORUFWPDLGHYUHPHQSURFHVXOGHOXDUHDGHFL]LHLSXEOLFHQVSHFLDODFHORUGLUHFWDIHFWDLGHRSUREOHPVDXGHXQDQXPLWSURJUDPSRDWHGXFHODFUHWHUHDQHOHJHULLGLPLQXDUHDFRQIOLFWHORULFUHDUHDFRQGLLLORUSHQWUXXQODUJFRQVHQVSXEOLFQluarea deciziei.

    ,PSOLFDUHDFHWHQLORUGHYUHPHQGH]YROWDUHDQRLORUSROLWLFLSXEOLFHLSURJUDPHDOHDGPLQLVWUDLHLORFDOHQWUHWHIDSWXOFSUREOHPHOHLQJULMRUULOHORUDXIRVWDX]LWHLOXDWHQFRQVLGHUDUHUH]XOWQGFLQWHUHVXOSXEOLFJHQHUDOHVWHGHVHUYLWPDLELQHQJHQHUDOLPSOLFDUHDFHWHQLORUQSURFHVXOGHOXDUHDGHFL]LHLIDFHFDDGPLQLVWUDLDORFDOVSDUPDLGHVFKLVLDERUGDELO$WXQFLFQGFHWHQLLSHUFHSDGPLQLVWUDLDORFDOFDILLQGGHVFKLVVSUHHLHLVXQWPDLGLVSXLVDIOHLVQHOHDJSUREOHPHOHDGPLQLVWUDLHLSXEOLFHLDVWIHOGHYLQPDLDSLGHDDMXWDODUH]ROYDUHDDFHVWRUSUREOHPH

    QFRQFOX]LHSDUWLFLSDUHDFHWHQHDVFDMXWODOXDUHDGHFL]LHLVSRUHWHQHOHJHUHDFRRSHUDUHDLDSUHFLHUHDIDGHFHHDFHIDFHDGPLQLVWUDLDORFDOUHGXFHFRQIOLFWHOHFUHHD]VSULMLQXOSHQWUXDSOLFDUHDXQXLSURLHFWVDXSODQSHQWUXFRPXQLWDWHLIDFHFDDGPLQLVWUDLDVILHPDLGHVFKLVODSUREOHPHOHLSUHRFXSULOHFHWHQLORU3DUWLFLSDUHDFHWHQHDVFHVWHIXQGDPHQWDOQWURVRFLHWDWHGHPRFUDWLF

    CUM

  • 0RWLYHOHSHQWUXFDUHQXSDUWLFLSFHWHQLL

    3RDWHFFHWHQLLQXQHOHJFRQWH[WXOSURLHFWXOXLLPRGXOQFDUHDFHVWDLYDDIHFWD'HDVHPHQHDSRDWHFQXFXQRVFFDUHYDILDQYHUJXUDSDUWLFLSULLLID]HOHDFHVWHLDDDFXPHVWHSODQLILFDWGHFWUHDGPLQLVWUDLH

    6DUSXWHDFDRDPHQLLVQXSRDWSDUWLFLSDODGDWDSURJUDPDWODQWUXQLUHDVDXDXGLHUHDSXEOLFVDXODXQDOWHYHQLPHQWGHSDUWLFLSDUHFHWHQHDVFWUHEXLHVOXFUH]HVDXDXDOWSURJUDPQXQHOHORFXULVHDMXQJHJUHXIUPDLQVDXSRDWHFORFXOQWUXQLULLQXHVWHFRQVLGHUDWVLJXU

    3RDWHRDPHQLLQXDXDX]LWVDXQXDXFLWLWDQXQXULOHSXEOLFHGHVSUHQWUXQLUHDSXEOLFVDXSRDWHQXDXDIODWGHVSUHHDGLQFDX]FQXDIRVWDQXQDWGLQWLPS

    QXQHOHFD]XULFHWHQLLFDUHDOWIHOVXQWLQWHUHVDLVSDUWLFLSHQWPSLQJUHXWLQDFRQWDFWDSHUVRDQDFDUHVHRFXSGHWUDQVPLWHUHDLQIRUPDLLORUGHVSUHQWUXQLUHLSHQWUXFQXUHXHVFUHQXQVPDLYLQ

    &HWHQLLVHVLPWVWQMHQLLGDFQXWLXSUHDPXOWHGHVSUHWHPDFHYDILGLVFXWDWODQWUXQLUHDSXEOLFLGDFQXWLXFHVHDWHDSWGHODHLFDSDUWLFLSDQLODQWUXQLUH

    2DPHQLLFDUHQXDXH[SHULHQVDXVXQWSUHDSXLQRELQXLLVSDUWLFLSHODQWUXQLULSXEOLFHDUSXWHDVXVSHFWDFDXIRVWLQYLWDLGRDUSHQWUXDILPDQLSXODLQLQWHUHVXODGPLQLVWUDLHL

    QWURQWUXQLUHGHFDUWLHURDPHQLLDUSXWHDILUH]HUYDLQDLH[SULPDXQSXQFWGHYHGHUHGHRVHELWPDLDOHVGDFDGRSWQGDFHDVWSR]LLHDUGHYHQLQHSRSXODULSULQWUHYHFLQLSULHWHQLDVRFLDLFOLHQLVDXDQJDMDL

    2DPHQLORUQXOHSODFHVGLVFXWHLVGH]EDWSUREOHPHGHVSUHFDUHHLFUHGFVDKRWUWGHMD

    2DPHQLORUQXOHSODFHVRIHUHLQIRUPDLLGDFHLFUHGFDSRUWXOORUQXYDILDSUHFLDWLOXDWQFRQVLGHUDUHODMXVWDOXLYDORDUH

    CUM

  • CARE SUNT ETAPELE ,,167580(17(/(,03/,&5,,&(7(1,/2513/$1,),&$5($85%$1"

    &QGHVWHRSRUWXQDLLPSOLFDSHFHWHQLQDFLXQLOHDGPLQLVWUDLHLORFDOH"5VSXQVXOODDFHDVWQWUHEDUHHVWHGHVWXOGHXRURULGHFWHRUL&RQVLOLXO/RFDOVDXH[HFXWLYXODGPLQLVWUDLHLORFDOHFRQVLGHUFSDUWLFLSDUHDFHWHQLORUDUGXFHODUH]XOWDWHPDLEXQHGHFWGDFFHWHQLLQXDUILLPSOLFDL'HH[HPSOXRGHFL]LHED]DWSHPDLPXOWLQIRUPDLHXQSODQPDLELQHSURLHFWDWRSROLWLFGHYHQLWXULPDLVXSRUWDELOSHQWUXFRQWULEXDELOL

    (VWHELQHFDSHSDUFXUVXOLQLLHULLHODERUULLDSUREULLLLPSOHPHQWULLSODQXULORUGHXUEDQLVPDGPLQLVWUDLDSXEOLFORFDOVVHDVLJXUHF

    3XEOLFXOHVWHLQIRUPDWFXSULYLUHODLQWHQLDGHDHODERUDSODQXOLDUHSRVLELOLWDWHDVWUDQVPLWREVHUYDLLLVXJHVWLLGLQWLPS

    3XEOLFXOHVWHLQIRUPDWFXSULYLUHODDFLXQLOHGHLQIRUPDUHLFRQVXOWDUHFHXUPHD]VILHRUJDQL]DWHSHSDUFXUVXOHODERUULLSODQXOXL

    2SLXQLOHFHWHQLORUFXSULYLUHODGH]YROWDUHDXUEDQLVWLFVXQWFROHFWDWHLDQDOL]DWHFDSDUWHDVWXGLLORUGHIXQGDPHQWDUHDOHSURSXQHULORU

    'LYHUVHOHSURJQR]HLVFHQDULLVXQWUHGDFWDWHLFRUHODWHFXRSLXQLOHSXEOLFXOXLLSULQFRQVXOWDUHFXSULQFLSDOLLDFWRULXUEDQL

    2SLQLLOHUHDFLLOHLVXJHVWLLOHSXEOLFXOXLDVXSUDSURSXQHULORUSUHOLPLQDUHVXQWDQDOL]DWHLOXDWHQFRQVLGHUDUHQSURSXQHUHDILQDO

    3XEOLFXOHVWHLQIRUPDWGHVSUHSURSXQHUHDILQDOLDUHRFD]LDVHPLWUHDFLLODDFHDVWDQDLQWHGHHGLQDSXEOLFGHDSUREDUHDSODQXOXL

    CUM

  • &LQHSDUWLFLS"

    8QSULQFLSLXIHUPDOVFKLPEULLRUJDQL]DLRQDOHFDUHVHDSOLFLDFWLYLWLLDGPLQLVWUDLHLORFDOHHVWHDFHODFRDPHQLLWLQGVVSULMLQHOXFUXULOHODDFURUFUHDUHDXFRQWULEXLW&RQIRUPDFHVWXLSULQFLSLXHVWHLPSRUWDQWFDQDQXPLWHSUREOHPHDOHDGPLQLVWUDLHLSXEOLFHVILHLPSOLFDWHDFHOHSHUVRDQHLJUXSXULGLUHFWLQWHUHVDWHVDXDIHFWDWHGHDFHVWHSUREOHPH$VWIHOGHSHUVRDQHLJUXSXULSUHRFXSDWHGHSUREOHPVHQXPHVFIDFWRULLQWHUHVDL

    3URJUDPHOHGHSDUWLFLSDUHFHWHQHDVFVXQWPDLHILFDFHGDFHOHLGHQWLILFDFHOHSHUVRDQHLJUXSXULFDUHSRWDMXWDODOXDUHDGHFL]LHLVDXODUH]ROYDUHDSUREOHPHLQSULYLQDSODQLILFULLXUEDQHDFHWLIDFWRULLQWHUHVDLVXQWGHRELFHL

    *UXSXULGHLQWHUHV$FHVWHDVXQWJUXSXULGHSHUVRDQHFDUHPSUWHVFXQLQWHUHVFRPXQDVXSUDXQHLSUREOHPHVLWXDLHVDXDXQXLDVSHFWLVXQWGLVSXLVVHDQJDMH]HQOXDUHDGHFL]LHLFRUHFWHVDXQRELQHUHDUH]XOWDWHORUGRULWHGLQSHUVSHFWLYDORU'HH[HPSOXJUXSXULOHGHSURWHFLHDPHGLXOXLLQYHVWLWRULproprietari de mari terenuri etc.

    $OWHRUJDQL]DLLSXEOLFH$FHVWHDLQFOXGRUJDQL]DLLQVWLWXLLGHQYPQWDGPLQLVWUDLLSXEOLFHORFDOHDOWHQLYHOHDOHDGPLQLVWUDLHLMXGHHLQVSHFWRUDWHMXGHHQHDJHQLLMXGHHQHQVSHFLDOFHDGHPHGLXHWF

    $VRFLDLLFOXEXULSURIHVLRQDOHLGHDIDFHUL$FHVWHDVXQWRUJDQL]DLLDOHILUPHORUVDXSURIHVLRQLWLORUQDIDFHULFDUHSURPRYHD]LVSULMLQXQFOLPDWHFRQRPLFSXWHUQLFLVQWRV'HH[HPSOXFDPHUDGHFRPHUFOXEXULOHSURIHVLRQDOHLFOXEXULOHGHVHUYLFLLHWF

    3HUVRDQHLQGLYLGXDOH2DPHQLFDUHDXXQLQWHUHVSHUVRQDOVDXDXFXQRWLQHGHVSHFLDOLWDWHSHRDQXPLWWHPVDXVXQWLPSOLFDWHDFWLYQYLDDFDUWLHUXOXLORU

    *UXSXULVXEUHSUH]HQWDWH&HLFDUHQXVXQWGLVSXLVSDUWLFLSHHLQLLLFDUHIDFSDUWHGLQPDMRULWDWHDWFXWGLQRULFHcomunitate.

    2UJDQL]DLLOHFRPXQLWLL5HSUH]LQWSHUVRDQHFDUHVHRUJDQL]HD]SHQWUXDSURPRYDXQLQWHUHVFRPXQOHJDWGHDFHVWGRPHQLXFXPDUILORFXLQHOHVRFLDOHSURWHMDUHDSDWULPRQLXOXLVDXSHQWUXDSURPRYDFDUWLHUXOVDXFRPXQLWDWHDQFDUHWULHVF'HH[HPSOXDVRFLDLLOHGHSURSULHWDULDVRFLDLLOHFRPXQLWDUHHWF

    2UJDQL]DLLQHJXYHUQDPHQWDOH&XGLIHULWHGRPHQLLGHDFWLYLWDWHLQFOXVLYDVLVWHQWHKQLFORFDOHUHJLRQDOHVDXQDLRQDOH

    CUM33

  • ,PSRUWDQDXQHLSROLWLFLGHSDUWLFLSDUHFHWHQHDVFQGRPHQLXOSODQLILFULLXUEDQH

    3ROLWLFLOHGHSDUWLFLSDUHFHWHQHDVFWUHEXLHVUHIOHFWHSULRULWLOHDGPLQLVWUDLHLORFDOHLLQWHUHVXOFRPXQLWLLDYQGQJHQHUDOXUPWRDUHOHVFRSXUL

    QFXUDMDUHDFHWHQLORUGHDMXFDXQURODFWLYSHQWUXSURVSHULWDWHDFRPXQLWLLDVLJXUDUHDFHOXLPDLEXQPHGLXGHH[LVWHQSRVLELOSHQWUXFHWHQLDVLJXUDUHDDFFHVXOXLWRWDOLODWLPSDOSXEOLFXOXLODSROLWLFDSXEOLFLODOXDUHDGHFL]LHLLDVLJXUDUHD SRVLELOLWLLGHDLQIOXHQDGHFL]DSULQWURGHVFKLGHUHWRWDOLDFFHVLPHGLDWODLQIRUPDLDSXEOLFDVLJXUDUHDUHSUH]HQWULLWXWXURULQWHUHVHORUQSURFHVXOGHOXDUHDGHFL]LHLHFKLOLEUQGXVHGLIHULWHYDORULLQHYRLQFXUDMDUHDQFUHGHULLQWUHFHWHQLDOHLLORFDOLLH[HFXWLYXODGPLQLVWUDLHLORFDOHGH]YROWDUHDXQHLQRLDERUGULGHSODQLILFDUHDORFDOLWLLFHQWUDWSHFHWHQL

    3ROLWLFDGHDFLXQHQDFHVWGRPHQLXWUHEXLHVILHQFRQFRUGDQFXWRDWHSUHYHGHULOHOHJDOHFDUHSUHYGDQXQXULOHSXEOLFHLRUJDQL]DUHDQWUXQLULORUSXEOLFHFXSDUWLFLSDUHFHWHQHDVFGDUWUHEXLHVPHDUJPXOWPDLGHSDUWHSQODLQLLHUHDDFWLYLWLORUGHSDUWLFLSDUHFHWHQHDVFODQFHSXWXORULFUXLQRXSURFHVGHSODQLILFDUHXUEDQDWXQFLFQGXQSURLHFWSRDWHGHWHULRUDVDXLQIOXHQDUHODLDDGPLQLVWUDLHLORFDOHFXFHWHQLLVL

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

    3ULQDSOLFDUHDUHJXOLORUJHQHUDOHGHFRQVXOWDUHDFHWHQLORUWUHEXLHVVHDVLJXUHFRQFLOLHUHDLQWHUHVHORUFHWHDQXOXLFXFHOHDOHFROHFWLYLWLORUUHVSHFWLYUHVSHFWDUHDSURSULHWLLSULYDWHLDSUDUHDLQWHUHVXOXLSXEOLF

    5HJXODPHQWXOFDGUX5&VHVSULMLQSHRYDVWED]OHJDOIRUPDWGLQOHJLLDOWHDFWHQRUPDWLYHFDUHFXSULQGUHJXOLSULYLQGPRGXOGHLQIRUPDUHFRQVXOWDUHLSDUWLFLSDUHDFHWHQLORUODHODERUDUHDVWUDWHJLLORUGHGH]YROWDUHDRUDXOXL+RUH]XSHWHUPHQPHGLXLOXQJUHJXOLSULYLQGPRGXOGHRFXSDUHDWHUHQXULORULGHUHDOL]DUHDFRQVWUXFLLORUQRUPHLVWDQGDUGHWHKQLFH

    H[HPSOX

    CUM

    34

  • H[HPSOX

    'HFODUDLHGH3ROLWLFSULYLQG3DUWLFLSDUHD&HWHQHDVF1RL&RQVLOLXO/RFDODOORFDOLWLLBBBBBBBBBBBBBFUHGHPF

    &HWHQLLUHSUH]LQWRSDUWHLQWHJUDQWDIXQFLXQLORUSURJUDPHORULDFWLYLWLORUDGPLQLVWUDLHLORFDOHGHRDUHFHHLEHQHILFLD]GHVHUYLFLLLVSULMLQGLQSDUWHDDGPLQLVWUDLHLORFDOHLDOHJRILFLDOLWLOHFDUHVLUHSUH]LQWH

    &RQVXOWDUHDFXFHWHQLLQFGHODQFHSXWDVXSUDSUREOHPHORUFDUHLDIHFWHD]GLUHFWVDXDIHFWHD]FRPXQLWDWHDSHDQVDPEOXFRQVWLWXLHRDERUGDUHILUHDVFDJXYHUQULL

    3DUWLFLSDUHDQSURFHVXOGHOXDUHDGHFL]LLORUGH]YROWQFUHGHUHDQWUHFHWHQLDOHLLORFDOLLH[HFXWLYXODGPLQLVWUDLHLORFDOH

    &HWHQLLLPSOLFDLQSURFHVXOGHOXDUHDGHFL]LLORUDXXQURODFWLYQFUHWHUHDSURVSHULWLLFRPXQLWLLORU

    &DXUPDUHLQWHQLDDFHVWXL&RQVLOLX/RFDOHVWHFD

    &HWHQLLVSULPHDVFODWLPSLQIRUPDLLGHVSUHGHFL]LLOHDYXWHQYHGHUHGHDGPLQLVWUDLDORFDOLVOLVHDVLJXUHRFD]LDGHDSDUWLFLSDODSURFHVXOGHOXDUHDGHFL]LHL

    3URJUDPHOHGHSDUWLFLSDUHFHWHQHDVFYRUILFUHDWHLGHUXODWHQFRQFRUGDQFXVWDELOLUHDQRLORUSROLWLFLSXEOLFHDOHORFDOLWLLVDXFXDSDULLDXQRUVFKLPEULVHPQLILFDWLYHQSROLWLFLOHH[LVWHQWH

    7RDWHGLUHFLLOHVHUYLFLLOHELURXULOHDJHQLLOHDGPLQLVWUDLHLSXEOLFHFXQWUHJXOORUSHUVRQDOYRUFRRSHUDODPD[LPXOSRVLELOSHQWUXLPSOLFDUHDFHWHQLORUQOXDUHDGHFL]LHL

    'DFVHSXQHSUREOHPDQHYRLDSDUWLFLSULLFHWHQHWLDUWUHEXLGHWHUPLQDWSULQFRQVXOWDUHDFXDFHOHSHUVRDQHLQVWLWXLLVDXDOWHDGPLQLVWUDLLORFDOHFDUHFRQVLGHUFDFHDVWDFWLYLWDWHHVWHLPSRUWDQW

    FDUHIXQGDPHQWHD]DPSODVDUHDLFRQIRUPDUHDFRQVWUXFLLORULDDPHQDMULORUQDFRUGFXH[LJHQHOHGHUHDOL]DUHDVWDELOLWLLVHFXULWLLLVLJXUDQHLQH[SORDWDUHDDFHVWRUD

    5&GHLPSOLFDUHDFRPXQLWLLQSODQLILFDUHDXUEDQVWODED]DHODERUULLLUHVSHFWULLSODQXULORUVWUDWHJLFHFHORUGHDPHQDMDUHXUEDQLVWLFDRUDXOXL+RUH]XQXUPWRULLDQLJHVWLRQDUHDVSDLDODQWUHJXOXLWHULWRULXDOORFDOLWLLLGHDDVLJXUDLQGLYL]LORULFROHFWLYLWLORUGUHSWXOGHFRQVXOWDUHLGHFL]LHODIRORVLUHDHFKLWDELOUHVSRQVDELOLHILFLHQWWHUHQXULORUGH]YROWDUHDVSDLDOHFKLOLEUDWGHSURWHFLHDSDWULPRQLXOXLQDWXUDOLFRQVWUXLWQYHGHUHDPEXQWLULLFRQGLLLORUGHYLDDOHWXWXURUORFXLWRULORUDWWQ]RQDXUEDQFWLQ]RQDUXUDO

    $YQGQYHGHUHSUHYHGHULOHOHJDOHSULQFDUHDFWLYLWDWHDGHDPHQDMDUHDWHULWRULXOXLWUHEXLHVILHGHPRFUDWLFLPSOLFQGSDUWLFLSDUHDSRSXODLHLLDUHSUH]HQWDQLORUHLSROLWLFLODDGRSWDUHDGHFL]LLORU5&VHQWHPHLD]SHSULQFLSLXODXWRQRPLHLORFDOHSDUWHQHULDWXOXLDOWUDQVSDUHQHLGHVFHQWUDOL]ULLSUHFXPLDOGH]YROWULLGXUDELOHFRQIRUPFURUDGHFL]LLOHJHQHUDLLORUSUH]HQWHWUHEXLHVDVLJXUHGH]YROWDUHDIUDFRPSURPLWHGUHSWXOJHQHUDLLORUYLLWRDUHODH[LVWHQLGH]YROWDUHSURSULH

    5HJXODPHQWXOLSURSXQHUHJOHPHQWDUHDXQXLSDFKHWPLQLPGHFHULQHSULYLQGLPSOLFDUHDSXEOLFXOXLGLQRUDXO+RUH]XQSODQLILFDUHDLGH]YROWDUHDXUEDQDUPRQL]DUHDLLQWHJUDUHDDFRORXQGHOHJLVODLDRLPSXQHDSUHYHGHULORUUHIHULWRDUHODLQIRUPDUHDLFRQVXOWDUHDSXEOLFXOXLQHYDOXULOHGHPHGLXFXFHOHGLQPHWRGRORJLDGHHODERUDUHDSODQXULORUGHXUEDQLVPLDPHQDMDUHDWHULWRULXOXLJDUDQWDUHDGUHSWXULORUFHWHQLORUGHDDYHDDFFHVODLQIRUPDLDDIHUHQWVWUDWHJLLORULSODQXULORUGHGH]YROWDUHSODQXULORULUHJXODPHQWHORUGHXUEDQLVPLDPHQDMDUHDWHULWRULXOXLGHDILLQIRUPDLQWRDWHID]HOHGHDSDUWLFLSDODOXDUHDGHFL]LLORUSUHFXPLGHDDYHDDFFHVODMXVWLLHQFD]XOQFDUHDFHVWHGUHSWXULOHVXQWQFOFDWHVDXQFD]XOQFDUHOHJLVODLDQXHVWHUHVSHFWDWXQVHWGHDFLXQLFDUHVFRQVWULEXLHODHGXFDUHDFHWHQLORUSULYLQGYDORULOHXUEDQHLDUKLWHFWXUDOHDIODWHQSDWULPRQLXORUDXOXLLUHJLXQLL

    CUM35

  • CUM

    $181$5($,17(1,(,

    35,0,5(5($&,,,

    6(01$/5, -

    util

    e pt

    .el

    abor

    area

    tem

    ei s

    auav

    izulu

    i de

    opor

    tuni

    tate

    *583&2168/7$7,9IN

    TERD

    ISCI

    PLIN

    AR

    WHPDFHULQHPHWRGRORJLFHSURFHGXULGH

    LQIRUPDUHLFRQVXOWDUHVSHFLILFHSODQXOXL

    deciz

    ia d

    e in

    cadr

    are

    ACPM

    3URFHGXULOHJDOH

    GHVHPQDUHHODERUDWRU

    $YL]RSRUWXQLWDWH

    ,QIRUPDUHSXEOLFFXSULYLUHOD

    GHPDUDUHDHODERUDULLSODQXOXL

    LFDOHQGDUXOXLDFWLYLWLORU

    FRQVXOWDWLYH

    35(*7,5($

    (/$%255,,

    678',,'(

    )81'$0(17$5(

    (/$%25$5(

    352381(5,

    $352%$5(

    $181$5($,17(1,(,

    35,0,5(5($&,,,

    6(01$/5, -

    util

    e pt

    .el

    abor

    area

    tem

    ei s

    auav

    izulu

    i de

    opor

    tuni

    tate

    (/$%25$5(

    352381(5,

    ,17(50(',$5(

    $181

    ,1)250$5(

    (;381(5(

    352381(5,

    '(=%$7(5(

    38%/,&

    $1$/,=,1)250$5(

    38%/,&

    UVSXQVODRSLQLL

    352381(5,

    ),1$/(

    $9,=(7(+1,&

    $9,=('(0(',8

    5()(5$78/'(63(&,$/