Finacon International Consulting SRL from Bucharest will perform the management services from the energy efficiency improvement program (PIEE) for Timișoara, according to Transilvania Business. In a contract of 100,000 lei and 36 months, Finacon will analyze the plan voted by the local council in 2018 and the stage of implementation of the measures included in it, but will also deal with the completion and modification of the PIEE.

PIEE is a mandatory document for “fulfilling the eligibility condition for accessing funds for projects financed under POIM 2014-2020 – Axis 7.1, as well as for other projects and works that involve increasing energy efficiency in residential buildings, public buildings and lighting systems public.

Finacon will have to submit to the Ministry of Energy by June 30 the annual report for the previous year and by September 30 the annual update (if applicable) of the PIEE. Also, for the next 36 months, the company will collect information on energy consumption from all entities within the mayor’s office, including companies in which the mayor’s office has the capacity of shareholder to create a database at the locality level.