BREAKING NEWS

Business waters to flow between Romania and Israel

MAY 30, 2016 01:43

On Sunday, it was announced that Romania’s largest water corporation, RAJA Constanta, signed a contract of cooperation with Jerusalem’s Hagihon Company Ltd., which runs a number of regional water and wastewater treatment plants.

RAJA Constanta also signed a service contract with Israeli company Utilis, which creates technology that detects underground wastewater spills using satellite imagery.

According to Matan Safran, the head of the Economy Ministry’s Trade Mission to Romania, the issue of water in the country is urgent since “about half of the Romanian population does not have running water or waste treatment services.” He noted that the European Union has earmarked about €4 billion for improving Romania’s water services by 2020, of which €400 million are is going to RAJA Constanta.

The Israeli-Romanian contracts were signed during a binational business seminar held in Constanta, with the ministry noting that the contracts signed were the “culmination of a six-month process.” Along the way, collaborations were also formed with Israel NewTech, which specializes in showcasing Israeli tech and in this case, technologies for treating drinking water, identifying wastewater leaks, and increasing efficiency.

Representatives from RAJA Constanta visited Israel in early April and met with several companies, including Hagihon.

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