Bucharest, 23.01.2024 - Veolia Romania Integrated Solutions (VRSI), a member company of Veolia Romania and provider of operation, maintenance, and management services for water, sewerage, and thermal energy systems, and the City of Otopeni signed on 15.01.2024 an additional agreement extending the concession contract until 2045. Thus, Veolia Romania Integrated Solutions continues its partnership with the City of Otopeni, providing drinking water collection, treatment, and distribution services and wastewater collection, treatment, and disposal for more than 21.000 inhabitants.
By extending the contract, Veolia Romania Integrated Solutions has undertaken to implement a new investment program worth an estimated 13.7 million euros over eight years, with the key objectives of expanding and modernizing the wastewater treatment plant and the water supply and sewerage networks.
The operator will integrate state-of-the-art sustainable technologies and invest around 6.7 million euros to carry out the expansion and modernization of the wastewater treatment plant.
In addition, VRSI will make every effort to ensure that work on the extension and modernization of the wastewater treatment plant will start in the second half of 2024, with the completion of the investment expected in 2027.
"By extending the concession contract and assuming responsibility for the extension and modernization of the wastewater treatment plant, a major priority for the City of Otopeni, Veolia Romania reaffirms its commitment to providing public services at the highest quality standards. The €13.7 million investment reflects our determination to bring sustainable benefits to the community of Otopeni City. In the spirit of efficient and transparent collaboration with the local authorities, we are ready to take this long-term partnership forward, contributing to the sustainable development of the city and ensuring access to essential services for all residents," said Mădălin Mihailovici, CEO of Veolia Romania.
Through operational and managerial efficiency, Veolia Romania Integrated Solutions has successfully achieved the objectives of the concession contract.
About Veolia
Veolia Group aims to become the benchmark company for ecological transformation. Present on five continents with nearly 218.000 employees, the Group designs and deploys useful, practical solutions for the management of water, waste and energy that are contributing to a radical turnaround of the current situation. Through its three complementary activities, Veolia helps to develop access to resources, to preserve available resources and to renew them. In 2023, the Veolia group provided 113 million inhabitants with drinking water and 103 million with sanitation, produced 42 terawatt-hours of energy and treated 63 million tonnes of waste. Veolia Environnement (Paris Euronext: VIE) achieved consolidated revenue of 45.351 billion euros in 2023.
In Romania, Veolia offers water and energy management solutions. With more than 3,000 employees, the company acts strategically locally to implement essential services at the highest quality standards and support intelligent cities' development, serving more than 2,300,000 consumers. Veolia Romania Integrated Solutions (VRSI) is a member company of Veolia Romania and provides operation, maintenance, and management services for water and sewage systems, equipment, and installations for shopping centers, research institutions, and the "Henri Coanda" Bucharest International Airport. VRSI has also been the operator of the public water supply service for the city of Chitila since 2016, for a contractual period of 10 years, for the city of Popesti-Leordeni since 2019, for 29 years, and the commune of Chiajna since 2022, for a contractual period of 19 years. www.veolia.ro