EBRD approves EUR 10 mln loan for water sanitation in Buzau County

The European Bank for Reconstruction and Development (EBRD) is providing a EUR 10 million loan for water sanitation services to more than 200,000 people in the county of Buzau.

The credit was given to Compania de Apa Buzau (ApaBuzau) and will be used to part-finance the construction andrehabilitation of wastewater collection and treatment facilities, in five towns in Buzau.

The loan is part of the EUR 200 million Regional EU Cohesion Fund Water Co-Financing Framework (R2CF) set up by the EBRD to help Romanian municipalities.

“The company will be able to build two new water treatment plants, three new wastewater treatment plants, and modernize the existing water and wastewater networks and plants. The new facilities will bring the company’s operations in line with EU environmental standards and ensure pure water supplies and quality sanitation services to its customers,” said Jean-Patrick Marquet, EBRD’s director for municipal and environmental infrastructure.

ApaBuzau provides water and wastewater services to the city of Buzau and eight towns and villages in the county of Buzau with a total population of about 500,000. Since the beginning of its operations in Romania, the EBRD has committed over EUR 5 billion to various sectors of the country’s economy.

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Dana Verdes