EBRD offers loan for Satu Mare water project

The upgrade is expected to greatly reduce water losses, optimise costs and bring these services into line with EU environmental directives.
“The EBRD is committed to improving urban infrastructure, particularly water services, in Romania and helping the country to absorb EU cohesion funds. This loan will enable the company to modernise water and wastewater infrastructure in seven urban agglomerations of Satu Mare,” said Jean-Patrick Marquet, EBRD Director for Municipal and Environmental Infrastructure.
“This is a very important project for Satu Mare county. As many as 15,000 people will be newly connected to the centralised water system. As a result of this upgrade, half of the county’s 390,000 inhabitants will benefit from improved water and sewerage services,” said Ioan Leitner, Director of the utility company Apaserv.
The loan is part of the bank’s Romania EU Cohesion Funds Water Co-Financing Framework. Satu Mare’s utility is the 13th company in Romania to benefit from a water/wastewater services upgrade under the Framework. To date the bank has invested 200 million Euro under the Framework and has mobilised more than one billion Euro of EU funding in Romania’s water and wastewater facilities.