The proceeds of the loan will be used to: i) co-finance alongside EU Cohesion Funds an extension and modernisation of the company's water and wastewater infrastructure and services and ii) finance a loss reduction programme with private sector participation.
The project aims at:
RAJA is the largest regional operating company in Romania. It provides water and wastewater services in the counties of Constanta, Ialomita, Calarasi, Dambovita and Brasov.
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ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at email@example.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.