EBRD loan to modernise water and wastewater services in Romania
The European Bank for Reconstruction and Developmen is providing a €25 million loan to S.C. RAJA S.A, Romania's regional operator of water and wastewater utility, to help improve services and cut water losses.
The loan will be used to co-finance with EU Cohesion funds an extension and rehabilitation of the company's water and wastewater services and will benefit 400,000 households. The financing will also support a water efficiency programme which aims to reduce water losses by more than 300.000 m3 per year and cut 8,400 tonnes of CO2-equivalent by 2025.