The Bucharest City Hall approved last week a capital increase of RON 45 million (EUR 9.6 million) for the Cemeteries Municipal Company, Mediafax reported.

The sum will go towards establishing new cemeteries as there are not enough at present and the city needs at least 12,000 burial places “in the event of a calamity,” according to the proposal motivating the increase.

The increase was approved by the Bucharest General Council, where a capital increase was also approved for the municipal company tasked with Consolidations and Transport.

Meanwhile, the Bucharest Court of Appeal decided last week to annul the decisions through which the municipal companies of the Bucharest City Hall were established in 2017.

The municipal companies work across a range of areas, such as electricity and heat production and supply, public lighting, hospital management, construction, security, advertising space management, infrastructure projects consultancy, road management, and parking management.

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editor@romania-insider.com