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    Reference: 20200264
    Release date: 1 June 2021

    Promoter – Financial Intermediary

    MUNICIPALITY OF BUCHAREST

    Location

    Description

    Allocation under SPL Romania EU Co-financing for Environment 2014-20. The EIB will finance the State Contribution in the "Finalisation of Glina Waste Water Treatment Plant (WWTP), rehabilitation of the main sewer collectors and of Dambovita sewer collector canal (CASETA)," in Bucharest. The project is the same as the operation 2012-0391.

    Objectives

    Extension of Glina wastewater treatment plant, rehabilitation of the main sewer collectors and of Dambovita sewer collector canal (CASETA), in order to have adequate treatment of the entire wastewater flow from the city complying with EU Directives, to reduce the level of infiltration rate in the sewer network and to have a sustainable solution for processing the entire sewage sludge production.

    Comments

    This allocation finances the State Contribution to this project. The Bank is also financing the local contribution through a loan to the Municipality of Bucharest.

    Sector(s)

    • Water, sewerage - Water supply; sewerage, waste management and remediation activities

    Proposed EIB finance (Approximate amount)

    EUR 31 million

    Total cost (Approximate amount)

    EUR 354 million

    Environmental aspects

    The project is strongly environmentally driven and therefore has predominantly positive effects on the environment. The project was subject to environmental impact assessment (EIA) screening (screened in), and subsequently to the environmental impact assessment pursuant to Directive 2011/92/EC and respective national GD 445/2009. The Environmental Agreement was issued in 01/2013. The project is unlikely to have significant negative effects on the protected areas and sites.

    Procurement

    The Bank will require the Borrower to ensure that contracts for the implementation of the project are tendered in accordance with the relevant applicable EU procurement legislation (Directive 2014/25/EU, as well as Directives 92/13/EEC and 89/665/EEC) as interpreted by the Court of Justice of the European Union, with the publication of tender notices in the Official Journal of the European Union (OJEU), as and where required.

    Status

    Approved - 17/11/2021

    Disclaimer

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

    Related tags

    Romania Water, sewerage