According to the Bank’s website, the project consists of a loan of up to EUR 14.5 million to Compania de Apa Olt ("CAO"), the regionalwater operator in OltCounty and neighbouring localities in Romania.
The proceeds of the loan will be used to co-finance, alongside EU Cohesion Funds, an extension and modernisation of the company's water and wastewater infrastructure and services. The EU investment grants are being made available under the EU Large Infrastructure Operational Programme approved in 2019.
The project will enable Compania de Apa Olt ("CAO") to (i) increase compliance with Directive no.i98/83/EC on drinking water quality while increasing its service coverage in communities with more than 50 inhabitants; (ii) increase compliance with Directive no.i91/271/EEC on wastewater collection and treatment by providing wastewater collection and compliant treatment of wastewaterin agglomerations with over 2,000 p.e.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Compania de Apa Olt||Client||-|
COMPANY CONTACT INFORMATION
Str Artileriei nr 2, CP 23007, Slatina, Olt
ACCESS TO INFORMATION
You can request information by emailing: email@example.com or by using this electronic form: https://www.ebrd.com/eform/information-request
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: firstname.lastname@example.org or you can submit a complaint online using an online form at: 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