EBRD in Pact With EU Fund to Modernize Water Services in Romania

The European Bank for Reconstruction and Development is combining lending forces with the European Union’s Cohesion Fund to help modernize water and wastewater services in the southern Romania county of Dolj.

The EBRD said today in a statement that it will lend 13.6 million euros ($18 million) for a program to be implemented by the utility Compania De Apa Oltenia SA to reduce water losses and bring services in line with EU environmental directives.

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