The goal of the project is to remove the wrecks of sunken ships and improve safety and conditions for navigation  in this section of the international waterway, which is in line with the development plans of the EU transport system.  It is a complex operation involving a series of systematic surveys, as well as the demining of unexploded mines and other ordnance on the river bottom and inside sunken vessels.

Millennium Team is implementing the project in a consortium with the company Aqua Mont Services, while the investor is the Ministry of Construction, Transport and Infrastructure, with the support of the European Investment Bank.

Work on the project began in July 2023 and is scheduled to end in July 2028.

The first ship was recovered in August 2024 — a German warship containing a large amount of unexploded ordnance and weapons, as well as one fishing boat.

Previously, a Project for the Preparation of a Technical Report on the existence  of UXO on the sunken German ships from World War II in the Prahovo area was carried out, which was a prerequisite for the recovery of the wrecks. The technical survey methodology included bathymetric surveys, side-scan sonar surveys, sub-bottom profiler surveys, and visual inspection — diving. Detailed research of the riverbed from the 857th to the 862nd kilometer of the waterway determined the presence of a total of 40 shipwrecks, 18 more than previously assumed, and identified the location of all potential UXO.