Client: Confidential, Germany
Location: North-western part of Romania
Related Services: environmental assessment, transaction services
AUDITECO GES was retained by a Client to perform a Phase I ESA, as part of an EDD procedure, for two Romanian facilities of a global manufacturing and technology company operating in the energy industry.
The purpose of the Phase I ESA was to identify potential documented environmental issues and liabilities associated with past and current activities at the site, and to assess, on a preliminary basis, environmental ground conditions with respect to on-site and off-site historical activities which might have impacted soil and groundwater quality. An initial site visit was conducted to visually assess site conditions and current surroundings; further dataroom activities comprised a review of historical site layouts, permits and other relevant documents.
Project reporting included the preparation of a Phase I ESA report, incorporating detailed conclusions of the assessment and recommendations for the benefit of the facility, so as to:
- Provide support in the decision-making process for the site divestiture;
- Foresee any environmental risks associated with current physical site conditions;
- Provide indications on potential environmental liabilities to be considered by the current or future ownership of the facility.