Serbia’s first public-private-partnership water treatment project awarded to Metito
A water treatment plant facility in the Republic of Serbia, the first public private partnership project would be undertaken by Metito, a leading global provider of intelligent water and alternative energy management solutions.
Metito was appointed by the City of Zrenjanin and Serbia’s Public Water Company (PWC), as the partner to develop, modernize and operate a state-of-the-art water treatment plant in the City of Zrenjanin.
This signing is a huge step towards solving a decades-long problem for the citizens of Zrenjanin. The water quality challenge in Zrenjanin is a complex case and after thorough due diligence, Metito devised a sustainable and innovative solution that will see the company integrating state-of-the -art technology and leveraging its global resources and expertise while committing to environmental stewardship. Such strategic projects will help the Republic of Serbia achieve its Water Management Strategy in support of the country’s 2020-2025 Vision and sustainable development goals.
Metito currently has two active projects in Serbia with a planned investment of approximately EUR 50 million. Earlier in 2021, Metito launched its strategic operations in the Republic of Serbia, through investing in the Zrenjanin Wastewater Treatment Plant PPP.
Metito chose Serbia to be the first market to invest in, in Central and South East Europe, based on its strategic location, progressive vision of leadership, its people, and its stable economy, which can incubate foreign investors and provide them with vast opportunities for sustainable growth.
Metito will invest its global resources, state-of-the-art technology solutions and know-how while expanding its sustainable operations in Serbia, and while committing to environmental stewardship- in line with global EU water standards. Metito’s local operations will also provide employment opportunities and contribute to the economic development of the local community and Serbia as a whole, in cooperation with the Government of the Republic of Serbia and the City of Zrenjanin.
The Metito Group currently has two active projects in Serbia with a planned investment of approximately EUR 50 million. Earlier in 2021, Metito launched its strategic operations in the Republic of Serbia, through investing in the Zrenjanin Wastewater Treatment Plant PPP, following which, the Group acquired the Zrenjanin Water Treatment Plant (WTP) assets, following a public auction. Today, by signing the Contact for realization of a water treatment project In Zrenjanin, the Metito Group, through its project specific company in Serbia Pannonian Water, will undertake to modernize the assets, develop, and implement sustainable solutions to solve the water challenges in the city, achieving a lasting and efficient solution to a long-standing problem.