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

BR Magazine | Latest Issue

Download PDF or read online: May (I) 2023 Issue | Business Review Magazine

The May (I) 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “MedLife BVB performance highlights potential of Romania’s emerging
Newsroom | 17/05/2023 | 15:38

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu

    I agree with the storage and handling of my data by business-review.eu

    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue