The tariff on drinking water in Bucharest provided by the capital’s water supplier Apa Nova will drop by 5.5% starting January 1, next year.

An audit carried out by international experts had revealed that the company was asking for an excessive price compared to its operating costs.

“It is the first time in years when the water and sewerage tariff in Bucharest goes down,” said Bucharest interim mayor Razvan Sava.

Apa Nova is part of the French group Veolia. The company has been in the middle of this year’s biggest corporate corruption scandal. The company’s French managers apparently bribed Bucharest’s high officials to accept higher water prices for consumers in Bucharest.

editor@romania-insider.com