The loan will co-finance the company’s RON599.3m (€132.7m) regional investment programme, which plans to extend and upgrade water supply and wastewater facilities and networks in the region, under EU Cohesion Fund financing.
The funding will not only increase access to water and wastewater services for 180,000 inhabitants of the six towns including Brad, Calan, Deva, Hateg, Hunedoara and Simeria, but will also improve the quality of these services.
EBRD municipal and environmental infrastructure director Jean-Patrick Marquet said they are pleased that the EBRD financing will make a difference for almost 200,000 people in Hunedoara, bringing them cleaner water and better wastewater services and removing health hazards associated with low-quality drinking water and poor sanitation.
"Our financing will also help reduce water losses and will make the water company more efficient," Marquet added.
The EBRD has so far invested around €2bn of EU funding in Romania’s water and wastewater facilities.
