Sofijska Voda AD
8 articles about "Sofijska Voda AD"
* Water under-performed the markets during 2009, according to our annual stocks survey (see pages 8-13).
Multilateral lenders are having to innovate to attract interest in emerging markets. The EBRD has taken an audacious step.
ITT Industries continued to build its position in the water sector with the 3 million acquisition of Wedeco, a German manufacturer of ozone oxidation and ultraviolet (UV) disinfection equipment.
Could a partnership between United Utilities and Berlinwasser International be on the cards?
MOTT MACDONALD has been appointed technical advisor by the EBRD to monitor the disbursement of a €31 million loan to Sofiyska Voda.
Twelve years after the momentous changes of 1989, the picture of water privatisation in central and eastern Europe is mixed. On the one hand, states such as the Czech Republic and Hungary have made significant progress in creating a favourable investment climate and meeting the requirements of EU directives. Yet in other countries, the institutional and regulatory structures needed to finance projects are lacking, or not sufficiently developed.
The European Bank for Reconstruction and Development (EBRD) co-financed nine water and waste transactions in2000 worth a total of €211 million. As well as concession financing, the bank arranged a number of municipal loans without recourse to sovereign guarantees.
THE SOFIA WATER AND WASTEWATER CONCESSION achieved financial close last month, according to the project’s legal adviser CMS Cameron McKenna.