Hydro International plc ([HYD.L) said it signed two new distribution agreements in Russia and Romania, and the first contract win in Russia.
The company stated that it inked strategic business partnership with Russian engineering company, Ecoline Ltd, to supply stormwater products into Russia, the Ukraine, Belarus and Kazakhstan. Pollution control and improving water quality are key priorities and present opportunities for Hydro and its new partner.
Hydro said it signes 2.0 million euros contract for supply of distributed stormwater storage systems and Hydro's Downstream Defender stormwater quality systems to the Northern Capital Gateway Consortium.
Meanwhile Hydro has also appointed C&V Water as a distributor of its wastewater products to Romania's fast developing water infrastructure market. Hydro has identified Romania as a strategic priority due to the large number of water and sewerage infrastructure projectsplanned, funded by the EU.
Further the company added that Romania had to spend 3 billion euros between now and the end of 2018 on its wastewater treatment plants as part of its EU funding conditions.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.