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Romanian city gets EBRD funds for green buses and buildings rehabilitation

Around 300,000 inhabitants of Romania's city Craiova will benefit from a 15 million Euro long-term loan from the EBRD which will finance key urban projects in the city.

2018-12-05 15:18:18

The Bank will finance the rehabilitation of 14 public buildings and the acquisition of up to 40 buses that are fully compliant with the EU's Euro-6 emissions standards.

Craiova will achieve considerable energy and CO2 savings, improving the environment and the quality of life in the city, according to a press release.The EBRD has previously financed improvements in the city's water and wastewater system and has helped develop a sustainable urban mobility plan.

"Craiova is the first Romanian city to join our Green Cities programme and I am looking forward to working together on a Green City Action Plan," said Susan Goeransson, EBRD Director for Environmental and Municipal Infrastructure.

Since the EBRD started operations in Romania, the Bank has invested over eight billion Euro in more than 400 projects in the country.



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