Romanian water company expects revenues to halve

07 March 2016

The Romanian Waters National Company has estimated total revenues of EUR 238 million for this year, down by 56% compared to last year.

The estimated expenditure amounts to EUR 317.6 million, below the value approved in 2015, reports local Agerpres.

The budgeted revenues totaled EUR 546 million last year whereas the achieved revenues reached EUR 508 million. The amount proposed for this year is lower compared to last year, as the projects financed with 2007-2013 EU funds have been completed.

editor@romania-insider.com

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Romanian water company expects revenues to halve

07 March 2016

The Romanian Waters National Company has estimated total revenues of EUR 238 million for this year, down by 56% compared to last year.

The estimated expenditure amounts to EUR 317.6 million, below the value approved in 2015, reports local Agerpres.

The budgeted revenues totaled EUR 546 million last year whereas the achieved revenues reached EUR 508 million. The amount proposed for this year is lower compared to last year, as the projects financed with 2007-2013 EU funds have been completed.

editor@romania-insider.com

Normal
 

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