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Reference: 20190724
Release date: 19 November 2020

Promoter – Financial Intermediary

COMPANIA DE APA SOMES SA

Location

Description

Financing the Cluj/Salaj regional operator's contribution to the investment programme which is included in the Large Infrastructure Operational Programme during the 2014-2020 programming period.

Objectives

The project will improve and extend the water supply and sanitation infrastructure in Cluj and Salaj counties, within the Large Infrastructure Operational Programme 2014-2020, in order to accelerate the progress of complying with Romania's commitments in the EU Accession Treaty and bringing the sector in line with the standards set by Directive 91/271/EEC and Directive 98/83/EC.

Sector(s)

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

Proposed EIB finance (Approximate amount)

EUR 27 million

Total cost (Approximate amount)

EUR 356 million

Environmental aspects

The project is expected to have a significant positive environmental and public health impact and contribute to meeting the country's need in the water and sanitation sector, in relation to compliance with EU environmental legislation.

Procurement

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

Status

Signed - 3/11/2020

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