Romanian Utility Seeks Funding to Upgrade Water, Sewage System

Apa-Canal Ilfov SA, a Romanian water utility, is seeking about 6.7 million euros ($8.7 million) in funding to upgrade a water and sewage system near the capital Bucharest.

The utility is asking for bids from financial institutions for a revolving credit line for upgrading water works in Ilfov county as the bidding deadline expires on Oct. 30, a European Union procurement document showed.

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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