EBRD Invests EUR7.8M In Water Infrastructure In NW Romania

Extended under the EBRD’s Regional EU Cohesion Fund Co-financing Framework, the loan will be used to co-finance the company’s RON344 million EU Cohesion Fund regional investment program, EBRD said in a statement.

The EBRD funds will part-finance the construction, extension and rehabilitation of water supply and wastewater treatment systems in Bistrita-Nasaud county.

“This will allow SC Aquabis S.A to reduce significantly water leakages, optimise operating costs and bring its wastewater collection and treatment system in line with EU regulations and standards,” EBRD said.