The project is developed by company Hidroprahova and is co-financed with EU cohesion funds of up to EUR116.5 million, as well as with state and local budget funds, according to data published on EBRD’s website Wednesday.

The project targets to extend and rehabilitate the water and wastewater infrastructure in eight communities in Prahova county: Breaza, Baicoi, Campina, Mizil, Plopeni, Sinaia, Urlati and Valenii de Munte.

“The investments are expected to significantly reduce water losses, optimize operating costs and expand water supply and wastewater collection and treatment services in the county in line with relevant EU directives,” the EBRD said.