European Commission approves EUR 54 mln funding for flood prevention in Romania

Newsroom 15/04/2013 | 13:43

The European Commission has approved a EUR 54 million investments from the Cohesion Fund that aims to strengthen flood prevention across Romania, increasing the protection of around 1.5 million inhabitants from risk zones.

The project will improve the existing water management infrastructure, in the same time enhancing flood and pollution monitoring.

“This is a good example of our regional investments contributing to a better quality of life for Romania’s citizens. This increased safety will bring clear economic benefits as business and potential investors will know they are better protected against flood damage,” said commissioner for Regional Policy Johannes Hahn.

The project runs a total cost of EUR 63 million and will create 50 jobs.

Ovidiu Posirca

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