Veolia Romania and the City of Otopeni signed the extension of the concession contract for water and sewerage services.

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 
The Veolia Group aims to be the reference company for green transformation. With a presence on 5 continents and nearly 220,000 employees worldwide, the Group offers useful and practical solutions for water, waste, and energy management that contribute to a radical change in the current context. Through its three complementary divisions, Veolia helps to develop access to resources and to conserve and restore them. In 2022, Veolia provided drinking water for 111 million people and sanitation services for 97 million people, produced nearly 44 million megawatt hours of energy, and treated 61 million metric tons of waste. Veolia Environnement (Paris Euronext: VIE) has consolidated revenues of 42.885 billion euros in 2022. 
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