Iasicon Wins Romania Waterworks Contract From Apavital

Apavital SA, a Romanian utility, awarded a 14.7 million-lei ($4 million) contract for water and sewage upgrades in the eastern town of Podu Iloaiei to Iasicon SA.

The water company received 14 offers for the contract initially estimated at 24.5 million lei, according to a notice published today on the Romanian public auctioning website.

To contact the reporter on this story: Irina Savu in Bucharest at isavu@bloomberg.net.

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

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