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Project summary document

Project name:OISIW Cable
Country:Ukraine
Project number:38267
Business sector:Telecoms and Media
Public/Private:Private
Environmental category:C
Board date:24 July 2007
Status:Signed
Date PSD disclosed:
Date PSD updated:
14 August 2007
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Telecoms and Media homepage

Project description
and objectives:

The proposed project is a EUR 22.3 million investment in Oisiw which, together with other co-investors in the Fund, is to provide additional co-investment financing alongside Sigma Bleyzer Southeast European Fund IV for capital expenditure to improve telecoms and media infrastructure in Ukraine.

Transition impact:

The project focuses on private sector development in the telecoms and media industry sector, increasing competition, efficiency and delivery of service. An improved product offering and lower prices will be provided for improved electronic communications in the regions.

The client:

The beneficiary company is Oisiw Limited a Cypriot special purpose co-investment vehicle to invest alongside and be managed by Sigma Bleyzer Southeast European Fund IV.

EBRD finance:

EUR 22.3 million equity investment along-side other equity co-investors and limited partners associated with Sigma Bleyzer Southeast European Fund IV.

Total project cost:

Up to EUR 200 million.

Environmental impact:

Screened C/1. Environmental due diligence is currently being carried out for the Client while the Project is unlikely to be associated with any significant environmental impacts. The Client will be required to comply with national and EU environmental, health, safety and labour standards and requirements and to submit annual reports on environment, health, safety and labour issues as well as submission of Annual Environmental Report to the Bank.

Technical
cooperation:

None

For consultant opportunities for projects financed by technical cooperation funds, visit procurement of consultants.

Company contact:

Joshua Ballard

Phone : +1 713 621 3111
Email : jballard@sigmableyzer.com

EBRD contact:

Janis Feldmanis, Operation Leader: feldmanj@ebrd.com

Business opportunities:

For business opportunities or procurement, contact the client company.

General enquiries:

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com


Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.
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