Romania: European Bank funds clean water

The European Bank for Reconstruction and Development (EBRD) has loaned €12.8m loan to SC APA Canal SA Galati, the water utility company based in Galati county, south-east Romania.

The money will be used to modernise water supply and wastewater infrastructure in five towns in Galati county — Galati city, Tecuci, Targu Bujor, Pechea and Liesti — and to improve the quality of existing water services in Galati in line with the relevant EU directives. The work will benefit about 400,000 residents.
“With this important investment, the EBRD is continuing to play a key role in providing finance for the modernisation of Romania’s water sector,” said Jean-Patrick Marquet, EBRD’s director for municipal and environmental infrastructure.
“This new investment signed today will help bring the operations of SC APA Canal SA Galati in line with EU environmental standards and ensure quality water supply and sanitation services to its customers.”