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    Reference: 20090534
    Release date: 21 September 2009

    Promoter – Financial Intermediary

    APA ARIES S.A.

    Location

    Description

    The Project comprises a number of water and wastewater schemes located in south-eastern Cluj as part of the Sector Operational Programme for Environment under Cohesion Fund 2007-2013. The Project has received Cohesion Funds financing approval from the European Commission.

    Objectives

    The Project aims to support cost-effective national compliance with EU legislation in the field of water supply and wastewater collection and treatment as well as consolidate water services.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 9.8 million

    Total cost (Approximate amount)

    EUR 74.9 million

    Environmental aspects

    The Promoter complies with the requirements of Directive 97/11/EC as amended and carries out Environmental Impact Assessment procedures where required by the competent authorities and mitigating measures are applied as appropriate.

    Procurement

    The Promoter, who will be responsible for procurement, is a publicly owned entity providing a public utility service and is subject to EU public procurement regulations (EU Directive 2004/17/CEE for utilities).

    Status

    Approved - 21/09/2009

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Romania Water, sewerage